The hospitality and tourism industry is a vast sector that includes all the economic activities that directly or indirectly contribute to, or depend upon, travel and tourism. This industry sector includes: Hotels & Resorts. Restaurants & Catering. Night Clubs & Bars.
Hospitality is both a concept as well as an industry. The term "hospitality" refers to the relationship between a guest and a host. If you invite a friend or family member over to your home for dinner, for example, you'll perform hospitality by accommodating the guest's needs.

Some businesses rely on hospitality to perform their operations and generate revenue. These hospitality businesses include restaurants, cafes, clubs, bars, hotels, motels, coffee shops, and travel agencies, just to name a few. They differ from traditional businesses in the sense that their success relies on strong, positive communications with their customers and target audience.
Every time you leave your home and visit a business that sells you an experience, you’re probably funding the hospitality industry. It’s a hugely influential portion of any economy that continues to grow annually and accounts for 1 in 10 jobs worldwide.
Full-service restaurants alone are responsible for generating over 1.2 trillion US dollars every year. Before we dive into some more statistics about this industry and why it’s important, we first look into what exactly the hospitality industry is and the four main sectors that fall under this umbrella term.