This report provides a detailed analysis of the hospitality industry, focusing on various business types such as travel and tourism, food and beverages, entertainment, recreation, and lodging. It examines the organizational structure of companies like Marriott, highlighting the interrelationships between departments like marketing, front office, back-end office, and operations. The report discusses the direct and indirect impacts of the hospitality industry on local and global economies, including employment generation, local retail growth, GDP improvement, and promotion of local products. It also analyzes how franchising and licensing contribute to the global growth of hospitality enterprises by providing access to new markets, increasing brand value, and maximizing profits. Furthermore, the report identifies different operational roles within the industry, such as front desk services, housekeeping, maintenance, and management, and analyzes the skills required for these roles, including communication, time management, and teamwork. Finally, it addresses the factors driving skills shortages, such as low wages, technology, political crises, and structural changes, and analyzes the impact of the skills gap on hospitality businesses, including labor shortages and negative work culture.