What can be attributed to the hospitality industry

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to satisfy the interests of consumers with different financial capabilities. That is, to create product groups that are attractive to many people;
expand your sales market. If you offer services and products to new target audience groups, you can increase your influence in the market;
determine the cost price of goods. This is especially useful for luxury products, for which the price can be increased;
handle possible objections from customers about the price. That is, find an approach to each consumer. If a person does not want to buy a product because it has regular packaging and no special features, but is ready to spend more money on premium products, then you can offer him an option with special features and in designer packaging;
predict profits. Knowing at what price people will buy a product, you can calculate the business's profits in the future.
HoReCa is an abbreviation that hides a large world of hospitality and business. We encounter this business segment while walking, relaxing or organizing a date. Let's take a deeper look into the concept of HoReCa.

What is HoReCa in simple words? The term is formed from three English words:
Ho – Hotel.

Re – Restaurant.

Ca – Cafe or Catering.

The abbreviation implies the entire hotel and restaurant ukraine telegram data business, which includes restaurants, hotels, inns, coffee shops, catering and other similar establishments. That is, any business that is related to hotels, restaurants or catering can be attributed to the HoReCa sphere. Including marketing and sales in this segment.

Each element of HoReCa is a complex and multi-layered business, which may look simple and superficial from the outside. Visitors may think that a hotel is just a building, beds and a reception. A restaurant is waiters, cooks and tables. But this is not true.

Hotels. Hotels are more than just a place to stay overnight. They are temporary homes where you can find comfort, whether it is a cozy motel, a stylish hostel or a luxury hotel. The business puts a lot of effort into organizing accommodations, providing comfort for different guests and creating a safe environment. People choose them for vacations when traveling, for special events and even just to escape from the ordinary.