Travel and tourism are an enterprise that gives a boost to the economy of countries by income production, investment, employment and selling goods abroad. It is the worldwide most important industry and an economic zone. Furthermore, it stimulates the advantages via the emergent of transportation and constructive advertisement of the country and its destinations. Travel and tourism also enhance the expertise, investment and trade of other irrelevant industries. That is why; it is a demand at domestic and international levels (TAT, 2011, pp. 2-5).
Function of the Hospitality Industry within the Tourism and Travel Area
The components of tourism include the specific parts of travel agencies, transportation and operators of tour. According to some organizations, the characteristic industries of tourism are also involved restaurants, hotels and catering. International tourism belongs to the visiting relatives and friends, professional and business travel, religious travel, travelling for the purpose of treatment in the abroad. The subareas related to hotels and restaurants that are also part of the hospitality industry. These subareas are motels, resorts, boarding houses, holiday centres, hotels, tourist camps, pubs, bars, night clubs, cafeterias and youth hostels.
Tourism satellite account (TSA) is a theoretical structure that associates an ample settlement of tourism statistics and macroeconomic investigation and evaluates the involvement of tourism to the economy of State and its overall national product. The TSA also presents an entire picture of exact impact of tourism in initiating employment (ILO, 2010, pp. 5-18). The monetary influence is unusually extensive of the hospitality sector. The supply chain of the hospitality sector generates the activities of business for various additional fragments of the economy. The parts that particularly get benefits are the transport, retail, restaurants and recreational sectors.
TTI, 2001, pp. 13
Furthermore, hotels present an opportunity for trade shows, conventions and business meetings which are an imperative facilitator of economic evolution. Hospitality is a foremost worldwide progressive trade. 12.7 million Rooms of hotels are facilitating the people in the worldwide that includes the rooms in Europe only is 3.9 million. The total number of developing rooms, around the world, is 1.3 million which is other than 7% in comparison of the current stock in the world. Whereas the numbers of rooms, in Africa and Middle East, are 20% that is less than the rooms under construction. The jobs in the sector of hospitality are infrequently measured as career posts and are considered as low-grade job.
Virtually, the hotels can be run round the clock when these hotels have not only a diverse group of room attendants, receptionists and administrators, but also a large team of tremendously proficient experts with credentials extending from advanced information technology to accountancy. Moreover, hospitality is a significant employer as it offers a wide range of part-time and full-time jobs not only to the young population but also to the retired people, groups of minority, working ladies and the one who is seeking a job for his first ...