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Hotel Industry

Consumer Discretionary

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The hotel industry is built around the hotel, an establishment that provides paid lodging on a short term basis. Facilities range from a modest mattress in a small room to large suites with higher quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a television and en-suite bathrooms. Smaller, lower priced hotels typically offer only the most basic guest services, while larger, higher priced hotels add facilities such as a swimming pool, a business center, childcare, conference and event facilities, sports courts, a gymnasium, restaurants, a day spa and social function services.

Facts
Sector
Lodging and hospitality 1
Sources
1. Wikipedia, Hotel
Wikipedialead section
Quote, lead section
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator, and other kitchen facilities, upholstered chairs, a television, and en-suite bathrooms.
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