Hospitality

Travel and tourism sector happens to be the backbone of the Hospitality Industry – since, without profound levels of travelling and tourism in a region, the hospitality industry of the region won’t grow – as others depend on it. It is a huge domain which demands innovation, strategy, and novelty at each step. Like other industry sectors – this one also demands customer focus, leniency, relationship management, and other integrated marketing skills for its smooth running and expansion.

The typical challenges that the sector faces are – average turnover rate for staff being as high as 75%, since a majority of the workforce herein are part-time employees, and the overtime becomes the major toll-taking factor. Also, the sector happen to have unique financial constraints, since calculating the prime costs involve numerous inputs. Further, the need for real-time reporting in terms of inventories would help optimize the stocking needs and save from limited self-life wastages as also on consumptions from the room services. Quick changes in the orders being placed by customers in fooding happens to another big concern especially wherein the items to be served are not off-the-shelf items. Keeping track of inventory usage shall prevent food, cash, and other stockings from getting wasted or flushed down the drains.

However, based on industry studies, it is assumed that by 2022 almost 1 in 10 people would be employed by the Hospitality Industry – comprising of – Travel & Tourism | Hotel | Resorts | Recreation | Food & Beverages – which offers the sector a great opportunity. We are there to facilitate you in taking the requisite measures to make the most of the growth curve.