The major segments in the hospitality industry are: lodging, food service, tourism, meeting and event planning and cruise line industry.
Lodging is also known as accommodations and includes hotel, bed and breakfast. Facilities offering these include hotels, resorts, hostels and inns. In 2014, the lodging segment in the U.S. had revenues amounting to $176 billion and employed more than 14 million people (BLS, 2017). Graduates can work as hotel managers, housekeepers and room attendants.
In contrast, food service is one of the largest segments of the hospitality industry with revenues totaling $627 billion in 2013 in the U.S and employs more than 2 million people (BLS, 2017). The food service sector offers several careers for hospitality graduates including food processing, hotel management, catering, food distribution, among others.
The travel and tourism segment includes transportation or moving people from one place to another using trains, cruise ships, airlines, or even buses. The industry employs more than 200,000 people. Besides, hospitality graduates can work in this segment as tour managers, travel agency representatives and tourism officers.
Meeting and event planning is a hospitality segment that involves planning, coordinating and executing events, meetings and conferences. The hospitality segment employs more than 100,000 people in the U.S. and contributed $115 billion in 2016. Careers in the meeting and event planning segment include events planner and coordinator, convention planner, meeting planner, theme developer, among others (Ernst and Young, 2016).
Cruise line industry is part of the travel and tourism and it involves moving people from one destination to another while offering hospitality services like restaurant services, accommodation, bread and breakfast, tourism, water sports and entertainment. In 2015, the cruise ship segment reported $39.6 billion in revenue globally and employed more than 100,000 people. Furthermore, careers include destination marketing manager, cruise ship manage and resort activities director.