Contemporary Hospitality Industry: Business Types, Product Range, and Contributions to Economy
VerifiedAI Summary
This document provides an overview of the contemporary hospitality industry, including the different business types and diverse product range offered. It explores the contribution of the hospitality sector to national, local, and international economies. The interrelationships between operational and functional units within a chosen hospitality business are discussed. The impact of franchising and licensing agreements on the global development of the hospitality sector is examined. Additionally, the document investigates various operational roles and the skills required in the industry.