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Defining Hospitality Trends

When entering to the hospitality industry, it is more important to know the meaning of this industry. As far as the basic idea of type of business is concerned it can be counted as a broad field, while a very few number are able to provide an accurate and satisfactory explanation of what this industry actually is about.

 Hospitality industry can simply be referred to as a variety of business and services that are responsible to provide leisure and customer satisfaction. The definition of Hospitality also concerns with the fact that it focuses on trends for luxury, entertainment, pleasing and experiences opposite to the fact concerning for needs and requisites.

 Difference between hospitality and travel industry

These two industries are closely connected, but there is also a bit difference that must be taken into account. First of all, the tourism or travel industry is related to the services for people who travel from their homes to different places for a short period of time.

In contrast to it, the hospitality industry is concerned with the services that are related to leisure and customer satisfaction. This includes offering services to tourists, as well as providing services to people who are not tourists, such as local residents tending to enjoy their weekends, leisure time or the people coming for the reasons other the tourism such as business meetings, seminars etc.

Hospitality Industry Subareas

The accommodation area of the hospitality industry is concerned to provide a place where customers can stay on a temporary basis. Accommodation can be associated with the tourism industry as well where people book for holidays, vacations and have requests for lodgings but the hospitality industry also services the local public who seeks break from their everyday practices or for those who require temporary accommodation for any other reasons.

 Accommodation includes the,

• B&Bs i.e. bed and breakfasts,

• Hotel stays are longer-term stays besides lodgings,

• Motels are similar to hotels but specifically for providing overnight accommodations and additional amenities,

• Resorts concerns with providing a vast range of facilities and amenities which means that the guests can have sleeping facilities, food and beverage facilities, entertainment facilities, shopping facilities, sports facilities, gym facilities without the need to leave the resort.

• Hostels are communal accommodations where guests can sleep and stay in a single shared room by only renting a bed. Bathroom and kitchen facilities are also shared i.e. hostels provide less privacy than hotels and motels. Apart of this, hostels have cheaper bookings making easy for people with low budget.

• Serviced apartments similar to the hotels but are self-containing areas which are booked for short-term or long-term stays. These apartments are typically furnished with a kitchen and other services like laundry and cleaning.

• Time sharing falls under that type of accommodation where ownership and usage is share between multiple people or owners.

 Foods and drinks are necessities, hospitality industry umbrella holds the most food and drinks services as a matter of fact that it provide people a way to spend their leisure time and disposal money or DPI as well as the chance to socialize and have an experience. This sector caters to the wide range of customers from locals, tourists to the ex-pats and passers-by etc.

Foods and drinks can be classified into,

• Restaurants are services providing food and drink services with the facility that food either to be eaten or to be taken away. Fine dining restaurants, takeaway restaurants, fast-food restaurants, local food streets and other types of restaurants that offers food and drinks to customers.

• Catering services are the services that are being provided in a remote location or within the particular area typically not necessary of including food or drink but the parks arenas, stadiums, event venues, public transport and so on.

• Bars and Cafes provides customers the chance to go out, socialize and enjoy meal and drinks. This tends to be a casual option for cafes that typically focusing on coffee, tea and snacks while the bars prioritize alcoholic and soft drink to service the customers.

• Nightclubs in hospitality industry are the services that concerns to cater locals, tourists as well as visitors with alcoholic drinks, open till late and often emphasizing on both dancing and music to those people  who are searching for a night-time entertainment.

• Tea & Coffee Shops are similar to cafes, serving variety of tea and coffee. Tea and coffee shops are often single room within large buildings i.e. hotels and may also tends products for takeaway tea bags and coffee beans.

   Travels and Tourism are closely related to the hospitality industry. Many offers from the travel industry are also likely to be hospitality offers as they are related to pleasure, entertainment, leisure, customer satisfaction and using of disposable income. These both industries focuses on services rather than the products.

Travel and tourism can be classified into

• Travel agents,

• Online Travel Agencies (OTA’s),

• Tour operators,

• Cruises

• Rent-a-car service, as well as,

• Casinos.

 When talking about hospitality products for serving the customers, Hospitality Trends America can be accounted for quality and classified products. Hospitality Trends America offers a variety of Fabric Finishes to their customers. In addition to the ability of matching customers standards of feel and handle, Hospitality Trends America also offers Water & Oil Repellant, Teflon by Dupont, Antibacterial and Fire Retardant finishes. https://htamerica.net/

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Hospitality Industry

Hospitality industry is emerging as the most diverse and assorted industries in the world, providing employment opportunities for millions of people and square of million dollars revenue mostly every year. Even it is a great career choice for a lot of people, it also holds many areas that we get into contact on daily basis.

Hospitality industry covers a big part of service-providing industry according to the count provided by the Bureau of Labor Statistics. Customer satisfaction, meeting the desires and requirements of the individuals as well as families is the basis of hospitality trend usually more in a leisure volume rather than similar to a formal i.e. a business one.

There are 3 levels of hospitality products

 Core products are those products which fulfills the basic requirements and need, products that are mostly related to differentiate the company from others and has a core competencies as well. These products are the main products that are been manufactured the company itself and are directly central to the company’s performance and make a handsome revenue in order to sustain the business.

Tangible products are the products including specific features. Brand name, quality, design, influence and other distinguishing features. The manufacturers put on additional features to increase product worth and provide ease.

Augmented products are leveled as the products that have features that customer not really expect from it but these features are only added by the producer/manufacturer to make the product/service incredible and facilitating in nature. These features may include after sales guarantees, opening and closing time, credit and points terms etc.

CHARACTERISTICS:

The hospitality industry possesses a lot of characteristics that aid it to make difference from any other usual business.

Highly effective in engaging dependence for disposable income and spare time: DPI short for Disposable Personal Income is the money that a person possess whether for spending or saving after paying taxes been accounted for. Hospitality industry is focused on providing services to people with leisure time and extra cash on their hands rather than focusing on basic human needs.

Also concerns with impalpable products: Hospitality is not like you have purchased a new pair of show from a market, it also doesn’t relate to something you can touch, wear or feel but is concerned with a feeling or an experience desired or needed by the people.

Hospitality industry is of short-life: Industry having short-life means that if an experience is consumed once, there is no chance that the next experience will be the same. It’ just like the thing that an experience is consumed then it is gone.

Industry that never ever encounter nap: The work nature of hospitality is a foundation of “twenty-four seven” terminology. Employees’ presence, working and functioning from accommodation, transportation to entertainment and relaxation is specifically included in Hospitality Industry.

Dependency on Customer Satisfaction: If a customer returns unhappy from a particular store they ought never to shop again from that store. Similarly, an unhappy guest/customer is considered as a poor charge in hospitality industry as the customer may never return to consume that district’s products or services. 

Service, quality, innovation & cost effectiveness are areas in which Hospitality Trends excel. Ht America is committed to nothing less than working with healthcare, hospitality and work wear customers and tends to deliver systems and solutions that are of cost effective quality. https://htamerica.net/