Hospitality and Tourism Business Essay Example | Topics and Well Written Essays - 3000 words

cordial reception and Tourism Business - Essay ExampleMoreover, the assiduity also performs a key role in dealing with the aspect of unemployment every last(predicate) over the world by employing millions of people worldwide. In the contemporary context, the industry has undergone various noteworthy changes and its significance has reached a considerable level altogether (Barrows & Powers, 2008). It is apparent that the tourism and the hospitality industry fox emerged as quite a crucial with its presence being quite prominent all over the world. It is worth mentioning in this context that there are certain characteristics of this concomitant industry, which are perceptibly unique and different from other industries upto a marginal extent. Some of the differing characteristics of this particular sector include its paramount nature of being a service industry although imbibing the characteristics of a product oriented industry as well, the labour intensive nature of this secto r and the aspect of seasonality among others. All these facets are crucial for line operating in this sector, with the purpose of devising their strategies ensuring sustainability in their operations (Tesone, 2012). Contextually, the primary intention of the discussion henceforth will be to analyse the characteristics of this particular sector in detail and recommend strategies to the small contrast units operating in this particular sector.... Over the years, the industry has expanded its presence extensively and has become a major contributor towards the development of the world economy. Arguably, the current prospects of the hospitality and tourism industry of the world have been in an ever rising mode and are expected to continue the same way in the near future. However, it is important to note that there are several reasons, which have contributed towards the immense growth of this particular industry in the recent years. Among the several factors, the uniqueness of the indus try is one vital domain, where it excels evidently. Correspondingly, it is often argued that the hospitality and the tourism industry of the world are quite unique as it possesses certain characteristics that are quite different from other forms of industry to say the least (Brotherton, 2013). The hospitality and tourism industry is one of the some industries of the world, where the serve provided to the customers are treated as the ultimate products therefore making an initiative to mitigate the gaps and differences amongst product management principles and the notion of services management (Education Bureau, n.d.). Thus, the products offered to the customers in this particular sector are considered as intangible and perishable. The companies therefore strive to ensure effectiveness in their performance with the help of delivering efficient services to the customers, further ensuring maximum satisfaction from them. The primary emphasis of the business, in this particular sector, is therefore to develop the eccentric of the services in order to ensure a sustainable presence in the increasingly hawkish environment, over a longer period of time (Vasile, 2009). Another unique characteristic of the