Hospitality Domain: A Service Industry In The Hospitality Industry

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The hospitality domain can be simply defined as a service industry in nutshell, And the paramount things for this type of service and helping industry is to create share for its shareholder by providing service to the guests. The main aim is to provide service to all the necessary and approaching people when they are away from home or lack basic necessary needs. As an example we can take delivery of food.
The Beginning:
The start of the twenty first century was witnessed by extreme changes in hospitality industry, and the in India hotelier industry in particular. The previous losses to this industry was a result of weakening economy and uneven market change.The world is slowly opting for online application and this also formed one of the major …show more content…

Other important players include Hilton Worldwide and Marriott International (2Statisctics portal).The below list gives top hotel chain on the …show more content…

Hotels are aiming at customers of all segments and are trying to lure them by providing various discounts. The reason behind such steps are competition from international chain, which have unveiled big plans of investment in country. The hotel industries is among top 20 when it comes FDI between April 2000 and February 2015, millions have been poured into this particular sector. There has been increase in room and is expected to grow in upcoming decades.2Marriott, Hyatt Hotels, Intercontinental Hotels Group which are already present in the country have decided to rope in various developers to spreads their legs in India. Famous brands of the globe like Marriott, Starwood, and Accor are rapidly spreading their legs in India. Others are contemplating to move in India as soon as they can. Thaialnd based company like onyx and Kingbridge hotel firm have joined hand to work together to open around half dozen hotels in India by the end in

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