🧭 1. Overview of the Hotel Industry The hotel industry is part of the hospitality sector, focused on providing lodging, food, and related services to travelers and guests. It’s driven by tourism, business travel, and local events. Key categories: Luxury hotels (e.g., Four Seasons, Ritz-Carlton) Mid-scale hotels (e.g., Holiday Inn, Courtyard by Marriott) Budget hotels (e.g., Ibis, Motel 6) Boutique hotels (small, design-focused, personalized service) Extended stay hotels (for long-term guests)