Contemporary Hospitality Industry: Types of Business, Operational Departments, and Skills

About the Contemporary
Hospitality Industry

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
SCENARIO 1..................................................................................................................................3
Different types of business within hospitality industry...............................................................3
Range of operational and functional departments........................................................................4
Contribution of hospitality industry to local, national and international level economies..........4
Interrelationship of operational and functional units...................................................................5
Use of franchising and licensing..................................................................................................5
Contribution of global growth, franchising and licensing agreements to economic worth of
hospitality industry.......................................................................................................................5
Range of different operational roles.............................................................................................6
Skills required for roles................................................................................................................6
Skill gaps in relation to range of operational roles......................................................................7
Impact skills gaps have on hospitality business along with varied solutions..............................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Contemporary hospitality industry can be understood as one of the most wide developing
global industry which is widely developing with fast impactful paradigms contributing to large
business objectives with high innovation and diverse functional ethics. Hilton hotel is one of the
most high recognized global hospitality industry having wide braches in various countries and
large productive services having built wide goodwill. Report explains various functional
operational functions within hospitality industry where examination is built on how Hilton hotel
works with technical advancement for building strong diverse goals and train management with
dynamic skills pertaining onto new determinants set as per competitive hospitality industry
(Boella and Goss-Turner, S2019).
SCENARIO 1
Different types of business within hospitality industry
There are different types of businesses within global hospitality industry such as lodging,
recreational companies which are focused to provide well class accommodation facilities to
people where they can enjoy high quality experience along with food and beverage brands where
target is to provide large evocative services pertaining onto demands of consumers. Travel and