Hospitality

The hospitality industry is a vital and dynamic sector that encompasses various businesses focused on providing services and accommodations to travelers, tourists, and customers. It plays a significant role in contributing to the economy of many countries worldwide.The hospitality industry consists of diverse segments, including hotels, resorts, restaurants, bars, cafes, event planning, tourism agencies, and more. These entities work together to create memorable experiences for guests and customers, ensuring their comfort, satisfaction, and enjoyment.For the past two decades, the hospitality industry has been quietly undergoing a digital revolution.Digital transformation in the hospitality sector can streamline and enhance the guest experience by implementing mobile check-in and check-out processes, digital key cards, and personalized recommendations based on guest preferences. Digital platforms andonline booking systems make it easier for guests to find and reserve accommodations, leading to increased bookings and revenue.

Global Hospitality Market : $3953 billion CAGR (2022 to 2028): 10.24%