Which segment of hospitality industry




















However, this growth hasn't been without its problems with many airlines experiencing near-collapses within the past decade. You may have noticed in movies, or even been asked yourself personally, that travel operators often ask customers if they are travelling for business or pleasure.

These two sections of the travel industry segment can have quite a significant impact on the experience of the same journey. Leisure travellers are more flexible with dates and are much more sensitive to price changes and have different requirements e.

Business travellers on the other hand are generally bound to specific dates corporate meetings to attend and are less sensitive to price fluctuations since companies will pay for their employees to travel for business-related matters. The lodging segment means providing accommodation for a period or a place to sleep for one or more nights. Each market themselves based on location and facilities.

Business travellers, leisure travellers, budget travellers, special travellers government, military , all have different needs and requirements and not every business within the lodging industry can accommodate all these markets.

Within the UK, businesses that offer accommodation must adhere to strict Crib 5 also known as Ignition Source 5 regulations. In short, these regulations ensure any furniture or furnishings used on the property must be treated in a way to reduce the risk of ignition which is to help prevent death in the event of a fire.

As with other segments of the hospitality industry, the lodging segment can marry well with other hospitality segments to create a seamless and pleasurable experience. Featuring many attractions from cinemas to theme parks, museums to zoos, casinos to waterparks, indoor play centres to outdoor recreation activities such as paintballing or karting. Depending on your location some of these facilities may be more prominent than others but generally speaking, they are all part of the entertainment and recreation industry.

People will visit these places for many different reasons such as business, special occasions, leisure or just to have some fun with friends or family. The entertainment segment relies heavily on its consumers having disposable income. Without an income, the entertainment segment is out of reach and therefore never even considered. This can be a challenge for smaller hospitality companies as it has to rely on repeat business from existing customers or new business from people that have no experience with the company before.

A good way around this could be to offer complimentary visits or free entry for a period of time for new customers such as a trial period or the first two visits free. The hospitality industry is vast and its segments are each diverse.

Skip to content Home Social studies What are the 5 segments of the hospitality industry? Social studies. Ben Davis March 27, What are the 5 segments of the hospitality industry? What are the segments of the hospitality and tourism industry? What are the sectors of the hospitality industry? What are the main sectors of tourism industry? What are the 3 sectors of tourism?

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