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What is a Hotel?

Broadly speaking, a hotel is a managed building or establishment which provides guests with a place to stay overnight – on a short-term basis – in exchange for money. The precise features and services provided to guests can vary quite drastically from one hotel to another. Hotel owners aim to attract a particular type of customer through their pricing model and marketing strategy or via the range of services they offer.

What is The Hotel Industry?

Next, it is important to answer the question: what is the hotel industry? Put simply, the hotel industry is the section of the service industry that deals with guest accommodation or lodgings. By most definitions, the hotel industry refers to hotels and many other forms of overnight accommodation, including hostels, motels, inns, and guest houses. However, it does not usually include long-term or permanent forms of accommodation.

Due to the nature of hotel services, it is closely associated with the travel and tourism industry.

The Difference Between the Hotel Industry and the Hospitality Industry

One common area of confusion concerns the difference between the hotel and the hospitality industry, with many people mistakenly believing the two terms refer to the same thing. However, while there is a cross-over, the difference is that the hospitality industry is broader in scope and includes multiple different sectors.