Hospitality Industry: Market Statistics & Analysis


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Why did the recession hit the hospitality industry first?

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1. How would you describe revenue for the hospitality industry between 2004 and 2016?

2. What particular aspect of customer tastes do companies in the hospitality industry need to consider in the future?

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About This Quiz & Worksheet

Assess your comprehension of hospitality industry data with this worksheet and quiz. Topics include why the recession influenced the hospitality industry first and revenue in the hospitality industry between 2004 and 2016.

Quiz & Worksheet Goals

The worksheet and quiz will help you with the following:

  • Something that needs to be considered with regard to the future of the hospitality industry
  • How to determine the right staff for the industry
  • The response felt in the hospitality industry after the terrorism that occurred in Paris

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on hospitality industry data
  • Information recall - access the knowledge you've gained regarding the future of the hospitality industry
  • Making connections - use understanding of the concept of the hospitality industry and how it's connected to the economy

Additional Learning

Learn more about the industry from the lesson entitled Hospitality Industry: Market Statistics & Analysis. Use the lesson to consider the following:

  • What businesses in the hospitality industry are focused on
  • The factors of the industry that contribute to its performance
  • Disposable income and how it gets spent in the hospitality industry
  • The millennial generation as adult customers of the industry
  • What a skills gap is
  • Employee turnover and a retention strategy