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  2. The hospitality industry is a broad category of fields within the service industry that includes lodging, food and drink service, event planning, theme parks, travel and tourism. It includes hotels, tourism agencies, restaurants and bars.

    en.wikipedia.org/wiki/Hospitality_industry

    Hospitality has dozens of different definitions, but it can be broken down to the act of making someone feel welcome, usually through entertainment and comfort. So what is the hospitality industry? It includes many businesses that fall under this large umbrella, such as hotels, motels, resorts, restaurants, theme parks, and much more.

    www.cvent.com/en/blog/hospitality/what-is-the-hos…

    The Hospitality Industry is part of the service industry and is comprised of 5 major sub-sectors which include:

    • Food & Beverage (e.g. restaurants, cafes, bars, clubs);
    • Travel & tourism (transportation);
    www.xotels.com/en/glossary/hospitality-industry
     
  3. People also ask
    What are the different types of hospitality businesses?Even with so much variety, most hospitality businesses fall into one of four categories. 1. Travel & tourism (T&T) Although many people think travel and tourism are synonymous with hospitality, that’s not quite the case. More accurately, T&T is a specific category within the hospitality industry.
    How important is the hospitality industry to the global economy?The World Travel and Tourism Council ( WTTC) names the hospitality industry’s importance as a main driver in global value creation. Recent figures published by the WTTC suggest a global contribution of 8.6 trillion USD to the global economy in 2022, just 6.4% below pre-pandemic levels.
    What is the hotel industry?The hotel industry is a subdivision of the hospitality industry that specializes in providing customers with accommodation services. There are a variety of hotel types that typically can be categorized by size, function, service, and cost.
    What are the trends in the hospitality industry?Trends in the hospitality industry have always been in a state of flux because client demands are always shifting. Understanding hospitality industry statistics allows you to properly equip yourself to handle your changed client needs for your business to grow rapidly in this new environment.
     
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    Hospitality industry - Wikipedia

    The hospitality industry is a broad category of fields within the service industry that includes lodging, food and beverage services, event planning, theme parks, travel agency, tourism, hotels, restaurants, nightclubs, and bars. See more

    According to the Cambridge Business English Dictionary the "hospitality industry" consists of hotels and food service, equivalent to NAICS code 72, "Accommodation and Food Service".
    Definition in the … See more

    United Kingdom
    In 2015 the UK hospitality industry employed around 2.9m people – around 9% of the UK … See more

    2020
    The United States Department of Labor Standard Industrial Classification (SIC) defines the hospitality industry more broadly.
    2022
    The hotel and motel industry in the United States was a $224.9 billion market, measured by revenue.
    2015
    The UK hospitality industry employed around 2.9m people – around 9% of the UK workforce.
    2019
    1 in 50 applicants to Pret a Manger was British.
    2004
    More than 7.8 million people were employed and the sector generated more than $338 billion in turnover.
    2010-2022
    The Vietnamese hotel industry has had an average growth rate of 15% per year.
    2022
    Vietnam had a total of 32,313 accommodation establishments with 611,352 rooms, including 1,576 hotels with three stars or higher with 334,487 rooms.
    2022
    The Vietnamese hotel industry is still considered to have great potential for development in the future.
    2022
    According to the forecast of the World Tourism Organization (UNWTO), Vietnam will be one of the top tourist destinations in the world in the coming years.
     
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