The hospitality industry (ie - hotels, bed & breakfast, hostels, chalets etc) brings in billions of pounds to the UK economy. Holiday visitors will always need somewhere to stay while they're here !
no one is certain but is around £55-£60b a year
itis people who work in the industry to make money
Because the whole idea of the industry is to bring money into the economy. For example, a historical place, such as a castle could brig in visitors from all over the world and they will have to pay to go in. So the money will go towards your local economy.
The hospitality industry is always growing. This is because it is made to entertain people. People love to spend their money to get entertained.
On of the greatest impacts on the Florida economy by the Space program is that they employ a signifcant number of Florida residents. Local jobs bring money into the economy on many levels.
it provides food, and then people buy the food. so the money depends on the shape on the industry, if its in bad shape less money for the economy. good shape more money.
I think due to the ecomony, it is important to offer internet maketing. With hospitality industry losing money since people are staying home offering online specials will entice customers to go for the offer.
So the hospitality business can have a bank account to keep all money safe , which is going in and out of the business. Things like people wages and taxs and surppliers.
He was the "father" of today's industry. He was the founder of the Hilton hotel chain and at one time the richest man in the United States. His family has that money now.
The economy is one of the factors of growth in the hotel industry. When the economy is good, there is more money for vacations, and hotel stays. Tourism and business travel are also factors of growth in the hotel industry.
The more you export the more money you bring into the country and the more money will be used in the economy.
How much is the hair tool industry per year
3 trillion dollars