Hospitality - Industry

The Hospitality industry is a multibillion-dollar industry focused on the customer’s satisfaction and provides specific experiences that depends on the availability of leisure time, disposable income, and complete customer satisfaction. This sector involves a broad group of businesses that provide services to customers and can be categorized into four segments; Food and beverages, Travel and Tourism, lodging, and recreation. The Food and Beverage sector professionally known by its initials as F&B is the largest segment of the hospitality industry. At the core the hospitality industry concerns itself with providing products and services to people which assist in recreation and supporting the well-being of people.