4 Sectors in Hospitality

by Yuan

What is the hospitality industry? Unlike many other industries, the hospitality industry applies to nearly any business that deals with customer satisfaction and is focused on meeting leisurely needs rather than basic ones. So what does it include? The hospitality industry is a broad category of fields. We can loosely divide it into for sectors:

№1 Food & Beverage

Known as F&B, it is the biggest sector in the hospitality industry. In the US, the F&B sector provides half of all meals consumed today. Restaurants are often combined with hotels and other entertainment venues to enhance the overall experience.

№2 Travel and Tourism

Travel and Tourism deal with any type of transportation: buses, cabs, planes, ships, trains, and so on are all part of the travel industry. The major function of tourism is to encourage people to travel. When people travel, either for business or leisure, they spend money on hospitality.

№3 Lodging

Lodging is all about accommodations, whether they are fancy hotels, youth hostels, elder hostels, campgrounds, motels and other businesses that provide a place for people to sleep overnight are all in the lodging industry.

№4 Recreation

Recreation includes any activity that people do for rest, relaxation, and enjoyment. Recreation is for the purpose of refreshing a person’s body and mind. All entertainment businesses which provide shows such as movie or theater, attractions which are places of special interest of visits such as zoos and museums, spectator sports, and participatory sports are all parts of the recreation business.