It is said that the Hospitality Industry is made up of 11 different segments which include:
- Accommodation
- Food and Beverage
- Travel & Transportation
- Destination Management
- Meetings & Events
- Attractions
- Entertainment
- Recreation
- Technology
- Cruise
- Casinos
At Luxury Consult, we already cover several of these segments in our other Practice areas. So, for us, Hospitality breaks down into 4 categories:
- Accommodation
- Food & Beverage
- Attractions / Theme Parks
- Special Categories (eg. Cruise and Casino)
Luxury Consult has decades of experience in Hospitality and can help partners with:
- Strategic Planning
- Identify and define Market strategy
- Channels to Market
- Sales & Marketing Strategy
- Operational Planning
- Revenue Management
- Additional Contracting
- F&B Concepts
- Menu Design
- Asset Management
- Technology & Systems
- Hiring & Training
- Analysis of Direct vs Third party
- Operating Procedure Setup
- Complaint and Incident Handling
- Legal
- Health and Safety
- GDPR Compliance
With more than 700.000 hotels and resorts around the world, Hospitality is probably the most important and difficult piece of the Travel industry
