Types of Business in the Hospitality Industry

UNIT 1- THE
CONTEMPORARY
HOSPITLITY INDUSTRY

Table of Contents
INTRODUCTION...........................................................................................................................3
LO 1.................................................................................................................................................3
P 1 Different types of business in hospitality industry...............................................................3
P 2 Range of operational and functional department..................................................................4
P 3 Contribution of hospitality sector in local, national and international economy..................5
LO 2.................................................................................................................................................6
P 4 Range of operational roles in hotel.......................................................................................6
P 5 Skills required for these role.................................................................................................6
LO 3 and LO 4.................................................................................................................................7
Covered in PPT...........................................................................................................................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
The hospitality is an industry which includes many different types of business like hotels,
parks, event, cruises, restaurant, casinos, travel and tourism, entertainment and many other
related businesses (Chon and Zoltan, 2019). The hospitality industry is the one includes the
running and operation of all these different types of business. in the current study the hotel
Falmouth Beach hotel is planning to expand in Asia. The current report will analyse the different
types of business in hospitality sector along with operational and functional department chosen.
Also, the discussion will take place on various operational roles in hospitality industry and the
skills required for these roles. Also, the internal and external analysis will also be undertaken to
analyse the competitive position. In the end the consumer trends going on within the company
will be analysed.
LO 1
P 1 Different types of business in hospitality industry
The hospitality is an industry which is very wide and large and includes a wide range of types of
business. thus, there are a number of business which can be operated within the hospitality
industry.
 Travel and tourism- this is a type of business which is engaged in the travelling services
that is assist the people to move from one place to another. This is very essential business
of hospitality as if the people will not be able to travel form one place top another then
they will not be able to travel to other places. This includes services like cabs, plane,
trains, buses, ships and other transport facility (What are the 4 segment of the hospitality
industry? 2020).
 Food and beverages- this is also the most essential business within the whole hospitality
industry as if the food and beverage will not be provided to the traveller then they will
not like this. Thus this segment deals with providing of the food and other related
products so that they can enjoy their trip.
 Accommodation- this is the business which deals with providing of place to the traveller
to live. This is essential as the person travelling to some other country does not have a
place to live thus, here the accommodation business will help (Kandampully,Zhang and