Hotel and Hospitality Industry

The hospitality industry is a very lucrative and rewarding career choice. Choosing a career in this field is not for the faint at heart. A career in this industry requires an individual that is ambitious, self-motivated, and has a charismatic personality. However, the hard work comes with many personal and financial rewards. Hospitality covers all careers that can come underneath the lodging, restaurants, event planning, theme parks, transportation, and tourism. However, this paper will go in depth explaining the role of general management, growth of employment, and human

Hotels- the most important accommodation subsector which provide the greatest total employment within the tourism industry at the global

Economic factors include the operation in tourism and hospitality industry. Such factors can influence the expenses and revenues of the organisation that are working in tourism and hospitality industry. The prices of raw material, inflation rate and product prices also impact the industry. Exchange rates and rate of interest greatly influences the industry. The financial recessions all around the world has led to reduce the purchasing power of the tourists and customers. Thus, therefore, the overall revenues generated from tourism and hospitality industry impacts the financial

According to Professor Marcel R. Escoffier, an Associate Professor in the School of Hospitality and Tourism Management at Florida International University, Hospitality Management is the largest business activity in the world. There are nearly 1 million food service operations in the United States, and nearly three hundred thousand hotels. It is estimated that there are over 1 million hotels and more than 7 million food service businesses. How this business operates, and its impact on the local economy varies from country to country, but its importance is undeniable (Escoffier). Information provided by Buffalo State College located in Buffalo, New York, also reference the hospitality industry is one of the largest in the

Hospitality industries grow more larger to the sector that have 89% of workforce. 43 % of selfcatering accomodation , holiday parks and hotels. Resturant have increased by 29%.

In hospitality industry, we need to be attentive to details, friendly, be able to do multitasking, and multi-languages. To exceed guess satisfaction, you need to be observant, means you need to attentive to details (example refilling water glass without guess demand). We need to communicate with a lot of people from all around the world. If we can speak their languages, they will be proud because we can speak their languages and we have to be friendly to make huge network. Work in hospitality industry also means we might handle multiple responsibilities simultaneously (Hcareers, 2013). I embrace some skills that we need to start career in hospitality industry like attentive to details, I am capable of doing multitasking and I speak four languages (Indonesia-mother tongue, English, and

“How will the 2012 Olympics have an impact on the Hospitality Sector in terms of financial and employment opportunities?” this is the basic question arising out of this research. Preceding that we need to find answers to questions like:

1).The relationship between Hospitality and Tourism: Tourism and hospitality go hand in hand, the hospitality industry offer services like accommodation, transportation, food and beverage, recreation and leisure. Tourism is the activity by the tourists where they engage in travelling to destinations where they want to experience recreational and leisure activities and most of the time avails of accommodation, food and beverage. The hospitality industry is the supplier of the services for tourism. The meaning of hospitality is providing a safe and enjoyable environment for patrons. It also means responsibly serving liquor, to ensure that patrons do not become unduly intoxicated and subsequently a problem for management, staff and the

Tourism is often synonymous to traveling for pleasure and education. It is also a business of attracting tourists and providing for their accommodation and entertainment. In many countries, tourism is an industry for earning Inland Revenue and foreign exchange. The many businesses that grow concomitantly with development of tourism include airlines, shipping, hotels and restaurants, finance companies, tour operators, travel agents, car rental firms, caterers and retail establishments and together,

Hospitality industry has seen series political influence on it. The destruction of the Malaysian airlines in the Ukren is on of what politals instabity can do to hospitality industry.

“The nature of the hospitality industry demands a high level of communication with both internal and external stakeholders.” (Camillo, A, & Pietro, L 2011)

The Hospitality Industry is a very broad. There are numerous Departments and job opportunities within the industry, and each of those Departments needs talented Manager for the accomplishment of the Job. Lodging, such as resorts, motels, hotels, cruises, is one of the largest employers in the hospitality industry. There are many employment opportunities, and different routes seized within this industry such as Regional Manager, General Manager, Human Resource, Assistant General Manager, Guest Services Manager, Housekeeping Manager, Sales Management, etc...

The way trade and commerce is conducted nowadays has evolved. Everything involving the operations of the organisation demands a more expeditious means of addressing issues and changes in the external environment. Though this apparently would drive weak companies into the verge of exiting the market, the good ones find a way for this intense demand for constant improvement to their advantage. There are some who find a way to make these incessant demands for change trigger the developmental needs of the company. This is especially true in the case of the hospitality industry. In this industry, the focus is more on the service rendered to the public; hence there is a distinct possibility for it to be

Despite wars, political turmoil, natural disasters, terrorist threats, and economic and energy crises in various areas of the globe, the tourism industry surges and has become one of the fastest growing economic sectors in the world. According to the UNWTO World Tourism Barometer, in 2014 over 1 billion tourist traveled to other nations (World Tourism Organization, 2015). The tourism industry is a vital component of the global economy. It helps to promote peace & stability in the developing world by providing jobs for the locals, generate revenue/income, and promote cultural awareness. Put together, tourism generated nearly seven trillion dollars in 2014 worldwide (Statista, 2014). As the years’ progress, so too will the number of tourists.

In any country, the hospitality industry is inextricably concurrent with its overall economic opulence. Pakistan