Hotels and similar accommodation

NACE code 55.10 covers the hotel and similar accommodation industry, which plays a vital role in the broader tourism and hospitality sector. This industry provides short-term lodging and accommodation services to both domestic and international travelers, catering to a wide range of needs and budgets. As a key component of the service economy, the hotels and similar accommodation industry is a significant contributor to economic growth, employment, and the overall travel and leisure experience.

The core production techniques in the hotels and similar accommodation industry involve the provision of guest rooms, suites, and other lodging facilities. This typically includes the cleaning and maintenance of rooms, the management of front desk and concierge services, and the coordination of various amenities such as restaurants, bars, fitness centers, and business facilities. Hotels and similar establishments often utilize specialized software and technology to manage reservations, inventory, and customer data.

The main inputs required for the hotels and similar accommodation industry include real estate or leased properties, furniture and fixtures, housekeeping supplies, food and beverage ingredients, and skilled labor such as hotel managers, front desk staff, housekeepers, and maintenance personnel. Additionally, hotels may require specialized equipment like laundry facilities, kitchen appliances, and information technology systems to support their operations.

The primary output of the hotels and similar accommodation industry is the provision of short-term lodging and related services to guests. These outputs are consumed by a variety of other NACE codes, including 79.11 Travel agency activities, 79.12 Tour operator activities, and 93.29 Other amusement and recreation activities, as well as individual travelers and businesses seeking accommodation for various purposes.