What are the 4 components of the hospitality & Tourism Industry?


What are the 4 components of the hospitality & Tourism Industry? The hospitality industry is vast and can be broken down into separate sectors. The top four sectors consist of; 'Food and Beverage', 'Accommodation', 'Travel and Tourism' and 'Entertainment and Recreation'. Although the industry is segmented, there is significant overlap to improve customer experience.


What is the umbrella of the hospitality industry?

Both hospitality and tourism are umbrella terms for a wide range of commercial activities. For example, the hospitality industry consists of lodging, food services in restaurants, planes and cruise ships, clubs, cafeterias, hospitals, etc.; and recreational facilities ranging from casinos to resorts.


What are the four major characteristics of hospitality?

  • Intangibility. A stay at a luxury hotel is an example of a “product” which can't be experienced with the senses before it's purchased. ...
  • Inseparability. The service aspect of hospitality businesses means that the service is purchased and consumed at the same time. ...
  • Perishability. ...
  • Variability.