Types of Business and Services in Hospitality Industry

Unit 1- the Contemporary
Hospitality Industry

Table of Contents
Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
P1 Discuss different types of business within hospitality industry and various products and
services offered by them..............................................................................................................1
P2 Elaborate a range of operational and functional departments................................................2
P3 Contribution of hospitality industry to local, national and international economies.............3
P4 Discuss different operational roles within hospitality industry..............................................4
P5 Discuss several skills in specific job roles with respect of hospitality industry.....................4
P6 Covered in PPT.......................................................................................................................4
P7 Covered in PPT.......................................................................................................................4
P8 Covered in PPT.......................................................................................................................4
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Hospitality industry is considered as one of the important sectors as it generates enormous
revenue and provide greater economy of scale as well as it is regarded as the most crucial in
travel and tourism industry (Huang and et.al., 2016). It includes variety of services such as
restaurants, hotels, theme parks and many more and also it emphasises on luxurious facilities,
enjoyment, experience and catering essential needs of customers. This report is based on Hyatt
Hotel which is one of the renowned brands in US. This hotel is one of the oldest hotels with an
around 10,000 employees and currently it is operating in 60 countries. This report comprises of
size, scope and structure of hospitality industry. Also, this report covers current and anticipated
skills of hospitality industry. Internal and external factors related to current issues is mentioned
in this report. Also, it determines current and several potential trends that affect the hospitality
industry is also included in this report.
P1 Discuss different types of business within hospitality industry and various products and
services offered by them.
Hospitality industry is a broad term that includes wide range of services such as event
planning, accommodation, transportation, food facilities and many more (Hwang and Seo, 2016)
Kong, H., and et.al., 2018). In today’s modern era, this is one of the growing sectors who
contribute to majorly for economic development and GDP in the world. This sector provides vast
job opportunities in different areas like event planners, coordinators, host, restaurant servers and
many more. Different types of hospitality industry is given below:
Nightclubs: Various hospitality sectors are collaborated with nightclubs which has a
great demand especially among the younger generations as it provides a greater opportunity to
generate additional revenue. Also, it provides a great experience to individuals and pleasurable
moments among guest.
Bars and cafes: They provide an excellent opportunity to their guest to refresh their
feeling and sense of joy with a tasty meal. Many hotels combine such facilities so as to generate
large number of clients and accelerates their revenue.
Resorts: this is one of the trendy classifications of hospitality industry as it provides a
wonderful experience by providing several facilities such as gym, indoor and outdoor games,
food services and also provide a best view of nature to their guests.
1