Intermediation service activities for accommodation

NACE v2.1 Code: I55.40

About intermediation service activities for accommodation

NACE code 55.40 covers intermediation service activities for accommodation, which play a crucial role in the hospitality industry. These services act as a bridge between travelers or guests and accommodation providers, facilitating the booking and reservation process. As a vital component of the tourism and travel sector, this industry contributes significantly to the broader economy by supporting the efficient distribution of accommodation services.

Production process

The main production techniques in this industry involve the use of digital platforms and reservation systems. Intermediaries, such as travel agencies and online booking platforms, leverage technology to aggregate accommodation options, display availability, and enable seamless booking and payment processes for customers. These intermediaries often maintain extensive databases of accommodation providers, allowing them to offer a wide range of options to their clients.

Production inputs

The key inputs required for this industry include a robust information technology infrastructure, comprehensive databases of accommodation providers, and skilled personnel to manage the booking and reservation processes. Intermediaries also rely on partnerships with accommodation providers, who supply the necessary information and inventory to be included in the intermediaries' offerings.

Production outputs

The primary output of this industry is the facilitation of accommodation bookings and reservations. The intermediation services connect travelers or guests with 55.10 Accommodation services, enabling them to find and secure suitable lodging options for their needs. This industry's output is consumed by a wide range of other NACE codes, including 49.10 Passenger rail transport, interurban, 49.31 Urban and suburban passenger land transport, and 79.11 Travel agency activities.

Revisions to 55.40

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 55.40. The most recent 2 versions of this code (55.40) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 55.40.

Family tree for intermediation service activities for accommodation

    graph LR
    A["<a href='/classifications/nace/v2-1/I'>I: ACCOMMODATION AND FOOD SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/I/55'>55: Accommodation</a>"]
B --> C["<a href='/classifications/nace/v2-1/I/55/4'>55.4: Intermediation service activities for accommodation</a>"]
C --> D["<a href='/classifications/nace/v2-1/I/55/40'>55.40: Intermediation service activities for accommodation</a>"]

    
    

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