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Hospitality and Tourism

The Tourism Economy

Report Segment: Sector Characteristics

The Tourism Economy

The hospitality and tourism sector covers many business activities. People 1st , the sector skills council, lists 14 separate sub sectors which together provide a range of services for people to enjoy, such as eating and drinking, staying away, indoor and outdoor activities and entertainment. The sector is defined by its ability to produce experiences which are consumed at the very time they are produced. This makes the ‘people’ element so much more important in the sector than in other sectors where much of the ‘production’ is invisible to the customer.

The Fourteen Industries which make up the Hospitality, Leisure, Travel and Tourism Sector: