HOTEL INDUSTRY

WHAT IS HOTEL INDUTRY

he hospitality industry allows you to
develop yourself – professionally and as a
person. Not only do you improve on the
professional skills you already possess, but
with time and commitment you learn others
due to the variety of colleagues, clients and
situations that will put you to the test.
WHAT ARE 3 MAJOR SEGMENT OF HOSPITALITY
INDUSTRY
 There are four segments of the hospitality
industry: Food and beverages, Travel and
Tourism, lodging, and recreation.
 FOOD AND BEVERAGES. The food and beverage
sector which is professionally known by its initials
as F&B is the largest segment of the hospitality
industry. ...
 TRAVEL AND TOURISM. ...
 LODGING. ...
 RECREATION.
WHAT IS HOTEL AND TYPE OF HOTEL
Types of Hotels or Classification of hotels by
their type. Hotels are classified according to
the hotel size, location, target markets, levels of
service, facilities provided, number of rooms,
ownership and affiliation etc.
THE TOP SKILLS IN HOEL INDUTRY ARE
 Customer Service Skills.
 Cultural Awareness.
 Communication Skills.
 Multitasking Skills
 Work Ethic.
 Language Skills.
 Professionalism.
 Teamwork Skills.
WHAT IS SEGMENTATION IN HOTEL
INDUSTRY
Hotel Market Segmentation. Share. One of the
components needed to apply hotel revenue
management is market segmentation. It allows you
to target and market to a variety of consumer groups
with different behavior with an offer that matches
their needs and budget level.
WHAT ARE CHALLANGES FACED BY HOTEL
INDUSTRY
 The growth of local hospitality hosts and rising
competition. ...
 Change in guest expectations. ...
 Change in marketing trends and dynamics. ...
 Irregular cash inflows. ...
 Hiring and retaining the staff. ...
 Rising cost of daily consumables. ...
 Data security challenges.
WHAT ARE CURRENT ISSUE IN HOSPITILATY
INDUSTRY
The Hospitality industry has faced
many challenges and issues in the recent past. Some
of these issues include shortage of labor and skills,
global emerging markets, technology
and social media, unavailability of capital, evolving
customer expectations among others.
WHAT ARE THE THERATS IN HOTEL
INDUSTR
 1) The Sharing Economy.
 2) Continuously Changing Consumer Demands.
 3) Shortage of Experienced Personnel.
 4) Consumer Perception of Risk.
 5) Uncertainty in International Travel.
 6) Guest-Focused Technology.
 7) New Regulations.