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General
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Hospitality refers to the relationship process between a guest and a
host, and it also refers to the act or practice of being hospitable,
that is, the reception and entertainment of guests, visitors, or
strangers, with liberality and goodwill.
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Hospitality frequently refers to the hospitality industry jobs for
hotels, restaurants, casinos, catering, resorts, clubs and any other
service position that deals with tourists.
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Hospitality is also known as the act of generously providing care and
kindness to whomever is in need.
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The
concept of Hospitality Services, also known as “accommodation sharing”,
“hospitality exchange”, and “home stay networks”, refers to centrally
organized social networks of individuals who trade accommodation without
monetary exchange.
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Tourism is an important industry in Indian economy contributing around
6.8 per cent of the Gross Domestic Product and providing employment to
over 41 million persons.
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According to a research India and China will be the new global players
competing for a huge chunk of tourists, transforming the geopolitical
landscape.
Market
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The
Indian tourism and hospitality industry is on a roll, driven by the huge
surge in both business and leisure travel by domestic and foreign
tourists.
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The
country's travel and tourism industry is expected to generate
approximately US$ 100 billion in 2008, rising to Rs 15 US$ 275.5 billion
by 2018 over the next ten years.
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The
growth of tourist inflow into India was well above world average,
leading to a rise of India's share in World arrivals from 0.37 per cent
in 2001 to 0.53 per cent in 2006.
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Continuing the foreign tourists' interest in the country, the first four
months of 2008 recorded a growth rate of 11.9 per cent (in tourist
arrivals) over the corresponding period in 2007, receiving 2.02 million
in foreign tourist arrivals.
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Simultaneously, foreign exchange earnings grew by a much faster rate at
28.9 per cent in 2008, against 20 per cent during corresponding period
in 2007. Total foreign exchange earnings totalled US$ 4.84 billion,
against US$ 3.76 billion in 2007.
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