In 2017, the travel and tourism industry in the United States generated more than $1.6 trillion in economic output, supporting 7.8 million jobs. According to the Department of Commerce, the United States will receive 95.5 million international visitors per year by 2023. (nearly twice the amount in 2000). The United States leads international travel and tourism exports and ranks third in total visitation.
The hospitality industry is one of the world's largest employment fields, offering its employees a diverse range of stimulating and flexible breaks. Restaurants, hotels, cruise ships, airlines, and the travel and food industries are all included. The industry also has some surprising ramifications for employee health and safety. So, the hospitality industry is in high demand.
The following are the major elements influencing success in the hospitality service industry: value creation, alliance relationship development, ICT, and customer relationship management.
The hospitality industry is divided into four segments: food and beverages, travel and tourism, lodging, and recreation.
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