Module 2

The word hospitality comes from the Latin word ______ which means host or guest.

number of jobs generated by hospitality industry -8.7% of total employment worldwide or 1 in every 11 ½ jobs.

foreign visitor spending in an economy -11.8% of total exports (US $1.6 trillion)

amount spent on hospitality by residents in their country of origin -9.5% of total personal consumption, or US $2.8 trillion.

amount spent on hospitality for business purposes US $672 billion, projected to almost double by 2016.

hospitality capital investments (money spent in public and private sectors investing in hospitality industry) -9.3% of total investment.

spending by governments worldwide on hospitality industry and visitors 300 billion or 3.8% of total government spending

It is the largest segment of the hospitality industry in the US.

______ also known as accommodation, is a place to sleep for one or more nights.

is any activity that people do for rest, relaxation, and enjoyment.