Hospitality sector Meaning: Definition, Examples, and Translations

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hospitality sector

[hษ’หŒspษชหˆtรฆlษ™ti หˆsษ›ktษ™r ]

Definition

Context #1 | Noun

business industry

The hospitality sector refers to the industry that includes businesses such as hotels, restaurants, event planning, theme parks, cruise lines, and other related businesses that provide services to guests or customers.

Synonyms

hospitality industry, tourism sector.

Which Synonym Should You Choose?

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Word Description / Examples
hospitality sector

Use this term when referring to the broad category of fields related to providing services to people, such as lodging, food and drink service, event planning, and other tourism-related services.

  • The hospitality sector has been booming this summer due to a rise in travel activities
  • Our company wants to invest more in the hospitality sector to capture the growing market
hospitality industry

This term is appropriate when discussing the economic and commercial aspects of businesses that provide services like accommodation, food and beverage, and travel. It is often used in more formal or business contexts.

  • The hospitality industry faced major setbacks during the pandemic
  • Investments in the hospitality industry are expected to surge as travel restrictions ease
tourism sector

This term is specific to areas and businesses related to travel and tourism. It encompasses activities and services tailored explicitly to tourists, such as attractions, tours, and travel agencies.

  • The tourism sector is critical for the economy of many coastal regions
  • Enhancing customer experience is vital for growth in the tourism sector

Examples of usage

  • The hospitality sector has been greatly affected by the COVID-19 pandemic.
  • Many people work in the hospitality sector, providing services to tourists and travelers.
  • Career opportunities in the hospitality sector are diverse and rewarding.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Cultural Significance

  • In many cultures, hospitality is considered a sacred duty, where treating guests well reflects on one's honor and reputation.
  • Traditional ceremonies often include hospitality elements, like feasts or communal gatherings, emphasizing connection and community.

Economics

  • The hospitality sector is a major driver of global economies, employing millions and significantly contributing to GDP in many countries.
  • Tourism accounts for a large portion of revenue within the hospitality sector, linking travel experiences with dining and lodging.

Trends

  • In recent years, the rise of tech has transformed the sector with innovations like online booking and personalized customer experiences.
  • Sustainability has gained prominence, with more businesses focusing on eco-friendly practices to attract environmentally conscious consumers.

Impact of Global Events

  • The COVID-19 pandemic significantly impacted the industry, forcing hotels and restaurants to adapt or close, reshaping norms around cleanliness and safety.
  • Global events like natural disasters can also affect travel patterns, with hospitality businesses required to pivot quickly to meet changing demands.

Origin of 'hospitality sector'

Main points about word origin

  • The word 'hospitality' comes from the Latin word 'hospitalitas,' which means generosity towards guests.
  • The root word 'hostis' originally referred to strangers and enemies, showing how hospitality can turn unfamiliarity into friendship.

The term 'hospitality sector' originated from the combination of the word 'hospitality', which refers to the friendly and generous reception and entertainment of guests, visitors, or strangers, and the word 'sector', which refers to a specific area of business or industry. The concept of hospitality has been around for centuries, with cultures around the world valuing the importance of welcoming and taking care of guests. The hospitality sector as an industry has evolved over time to encompass a wide range of businesses dedicated to providing services and experiences to customers and guests.