Hotels
A hotel is a commercial lodging establishment that provides paid temporary accommodation, typically for short stays. Guest rooms with en-suite bathrooms and basic furnishings are complemented by services such as front-desk reception, housekeeping, and security. On-site facilities often include restaurants or bars, meeting spaces, fitness centers, and sometimes swimming pools. The business model centers on selling rooms and allied services to travelers, with rates influenced by location, season, and demand.
Hotels are classified by price, location, size, and ownership. Common categories include budget, midrange, upscale, luxury,
Operational metrics include occupancy rate, average daily rate (ADR), and revenue per available room (RevPAR). Revenue
Trading and travel have shaped the modern hotel sector since the 19th century, with growth tied to