Michael Nanosky | Hospitality Services | Most important thing in hospitality?

The word hospitality, which implies welcoming visitors or providing a home away from home, comes from the Latin word "hope," which also means guest or stranger.

Here, we'll discuss renowned hospitality services supplier Michael Nanosky, who aids those in need of hospitality services.

He has more than 30 years of expertise in a variety of hospitality-related fields. The hospitality sector has reawakened Michael Nanosky's ardor for his work. Although he has other interests, keeping up with the latest developments in this fascinating profession is his passion.

The hospitality and tourism sector is a sizable one that encompasses all commercial pursuits that either directly or indirectly support or are supported by travel and tourism. Hotels & Resorts are part of this industry sector.

• Eateries and catering.
• Bars and nightclubs.
• Visiting and transportation.
• Tourism.
• Spas and well-being.
• Bus trips and cruise ships.
• Events (Private, Business, Cultural & Sports).

Hospitality Subcategories.

 Michael Nanosky provides several segments that make up the hospitality business, which is huge. Food and drink make up the top four industries.

1. Accommodation.
2. voyaging and tourism.
3. amusement and recreation.

Five components of hospitality.

There are five distinct segments of the hospitality industry.

The food and beverage sector. The process of preparing, delivering, and distributing food and beverages to consumers is known as the food and beverage business.

• Industry of lodging.
• Industry of recreation.
• Tourism & Travel Industry.
• Events and Meetings Sector.

What is the management of hospitality and tourism?

It is possible to advance your career internationally in a variety of ways thanks to the large professional sector of hospitality management. Graduates with a degree in hospitality can become managers in a range of departments and sectors, or they can opt to specialize in one field, within the core of the hospitality business alone (hotels, events, restaurants, etc.).

Because there are so many new hospitality concepts and technologies that are revolutionizing the business, the job routes are as numerous as the industry itself. These career paths will continue to expand and adapt to 21st-century technology and trends

Accommodation Services

According to  Michael Nanosky, the hospitality sector, which encompasses hotel, food and beverage service, event planning, theme parks, travel, and tourism, is a sizable subset of the service sector. It consists of lodging facilities, travel businesses, eateries, and bars.

Definition of hospitality management

The daily administrative, operational, and commercial operations of companies in the hospitality sector are managed under the broad field of hospitality management. The word "hospitality management" is an umbrella term that encompasses a variety of businesses, including food and beverage, travel and lodging, and event management, as opposed to the more narrowly focused "hotel management." A hospitality manager oversees a variety of departments, including maintenance, housekeeping, spa services, concierge, reception, and many more.

Depending on the environment in which they work, hospitality managers have different obligations. 

These can mostly consist of the following:

• Budgeting and accounting
• managing, hiring, and training employees
• helping with daily activities
• enhancing corporate performance
• handling consumer queries and concerns
• Compliance with health and safety regulations

FAQ | Hospitality Management

What aspect of hospitality is most crucial?

The cornerstone of the hospitality industry is service.

Michael Nanosky says that the secret to success in the hotel industry is providing good service. When deciding whether to visit a business, many people read online reviews. Just a few unhappy customers posting their bad experiences online can soon drive you out of business.

What kind of industry is hospitality?

What exactly is the hospitality sector? It encompasses a variety of industries that come under this broad category, including restaurants, amusement parks, hotels, motels, resorts, and much more.

What distinguishes the two industries of hospitality and tourism?

Simple. While the two fields and industries overlap, the main distinction is that tourism focuses on providing people with great accommodation, and travel, as well as other facilities like restaurants or sports centers, while hospitality focuses on providing people with great travel and other facilities like sports facilities.

How do I launch a hospitality company?

8 suggestions for beginning a hospitality business on a budget

Look for a novel and creative idea.

• Provide a reasonable price.
• Don't worry too much about the competition.
• Utilize special offers from vendors, suppliers, and venues.
• Investigate your options to find the best interest rates.
• Make a sensible geographical decision.
• Create a top-notch team.