Short term accommodation activities
ISIC v4.0 Code: 5510
About short term accommodation activities
isic code 5510 covers a wide range of short-term accommodation activities, including hotels, motels, resorts, and other lodging facilities. This industry plays a vital role in the broader tourism and hospitality sector, providing temporary housing and amenities for travelers, vacationers, and those on business trips. The short-term accommodation industry is a significant contributor to the global economy, generating substantial revenue and employment opportunities in many regions.
Production process
The key production techniques in the short-term accommodation industry involve the management and operation of lodging facilities. This includes tasks such as booking reservations, checking guests in and out, providing housekeeping and maintenance services, and ensuring the overall comfort and satisfaction of guests. Many establishments also offer additional services, such as food and beverage options, recreational activities, and event hosting.
Production inputs
The main inputs required for the short-term accommodation industry include the physical infrastructure of the lodging facilities, such as buildings, furniture, and equipment. Additionally, this industry relies on a skilled workforce, including front desk staff, housekeepers, maintenance personnel, and management. Other significant inputs include utilities (e.g., electricity, water, and telecommunications), cleaning supplies, and food and beverage items for on-site dining and catering services.
Production outputs
The primary output of the short-term accommodation industry is the provision of temporary lodging and related services to guests. The industry's outputs are consumed by a wide range of other economic activities, including 5510 Short term accommodation activities, 5520 Camping grounds, recreational vehicle parks and trailer parks, 5590 Other accommodation, and various 5600 Food and beverage service activities.
Family tree for short term accommodation activities
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