IHM - 5 Major Sectors of the Hospitality Industry
Over the years, the hotel management sector has branched out and prospered like no other. Cruise management is also a booming segment of this industry. Remember the ever-so-delightful worldly culinary cuisine visitors love to experience.
With finances coming in, more trends, old classics, and experiential services are practiced in the travel and tourism industry day by day. This is indirectly also rising the scope of every culinary school in Mumbai, India and abroad.
In India, the hotel management business is experiencing an uprising expansion. The HM industry is one of India's most profitable ones as it contributes to the nation's foreign exchange and generates thousands of job opportunities every month.
- Advantages of working in the hotel management industry
rofessionals from this industry can work from anywhere globally and enjoy many perks. But to acquire a job in the hotel management industry, you need to take proper education and training. You must select a hotel management institute for your studies, enrol in a BHM course, and get trained in the real world via internships.
- The educational journey of a BHM course student
An aspirant who wishes to serve and earn from this industry needs to appear for a BHM course initially at any culinary school in Mumbai, India, or abroad. There are various hotel management institutes that offer amazing courses with specializations, internships as well as placement offers.
For admission to the majority of hotel management courses, you need to write entrance tests followed by personal interview rounds. Some institutes or universities, on the other hand, admit candidates based on their merit, which is established by their qualifying exam score (Class 12th, graduation, etc).
Exposure to the entire hotel management industry and its international networks will help you learn and progress well.
Now, without stretching too far, let’s introduce you to the 5 different sectors of the hospitality industry and hotel management.
1. Food and Beverage Industry
The food and beverage industry involves cooking, prep work, and transportation.
The areas of operation are generally,
- A kitchen,
- cloud kitchen,
- restaurant,
- open outdoor venues,
- corporate cafes,
- lunch homes,
- food chains,
- catering companies,
- delis, food trucks, etc.
This sector is one of the most successful sectors of the hotel management industry. This sector is one of the most successful segments of the hotel management industry, with a significant number of job opportunities. As a result, individuals typically receive remuneration for their work in this sector.
2. Lodging Industry
Businesses that offer accommodation along with the necessary services come under this sector. They are:
- Hotels
- Motels
- Rental Stays
- Vacation Villas
- Bed and breakfasts, etc.
Providing overnight accommodations to guests is their primary job. Hotels range from small establishments that are simple and affordable to big ones that are luxurious and expensive. Generally, travelers, vacationers, and business people book their stay in a hotel.
The following services are provided by hotels depending on their size -
In-house Restaurant
- Pool
- Spas
- Business Centers
- Complimentary Wi-Fi
- Laundry Services
- In-room Dining, etc.
Another category that comes under hotels is rentals. Stays here are in the form of private apartments, villas, bungalows, cottages, etc. These properties are listed on websites such as Airbnb. Travelers and people who wish to enjoy their weekends with their gang, opt for stays like these for a few days or a week. People prefer them as the prices are cheaper than many hotels.
3. Recreation Industry
Here, the main focus is entertaining people in various ways. Such establishments offer -
- A day full of activities
- Overnight experiential stays (camps, night stays)
- Week-long recreational camps
- For a few hours
These recreational activities are typically promoted through admission tickets, early bookings, and concession sales, among other means.
These are a few examples of such establishments:
- Malls
- Amusement parks
- Campgrounds
- Theaters
- Museums
- Zoos
- Art exhibits
4. Travel and Tourism Industry
Vacations are usually associated with travel and seeing new locations for most of us. And, as travel becomes a new interest among young people, the tourist business is rapidly expanding. Hospitality is an essential aspect of tourism. Especially after the COVID-19 outbreak, people enjoy their peaceful times in nature by going on day trips and weekend stays.
The standard of living of people is also rising due to globalization and other factors. So, people are choosing to travel now more than ever and it is indirectly promoting other mentioned sectors as well. As when we plan to travel, we need to book transportation modes, stays, reservations for recreational activities, dine out or indoors in a restaurant, cafe, diner, etc.
5. Meetings. Incentives. Conferences. Events. AKA M.I.C.E Industry
This segment of the hotel management industry consists of various social and formal gatherings or sporting events. Weddings, intimate ceremonies, and informal meet and greets are also a part of this segment. Separate venues are designated for specific events, and occasionally, temporary structures are set up for week-long events. As a result, the city or town experiences a surge in business, contributing to the flourishing of local businesses. A lot of revenue and business opportunities are generated here.
Here are a few examples of MICE:
- Sporting events
- Conferences
- Family reunions
- Holiday celebrations
- Business events
- Anniversary Celebration
- Annual Days
- Milestone Celebration
- Trade shows
- Farmers Market
- Seminars
Each of these sectors works in conjunction to provide guests/customers with an experiential service. And, if you wish to work in any industry, a hotel management degree is a must. You can enrol in a BHM course at ITM IHM. It is equipped with the best infrastructure, faculty, training curriculum, and great international industry connections.
ITM Institute of Hotel Management has trained and placed 8000+ students with International & National Internships at 5-star Properties such as -
- Grand Hyatt
- Trident
- ITC
- McDonalds
- Taj Wellington Mew's
- Vivanta by Taj
So, don’t wait; take your first step and get on with your hotel management career today with one of the best culinary schools in Mumbai.
