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does economics needed in hotel and restaurant management subjects? i want to know if this subject can contribute to all students of hotel and restaurant management.

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Q: What is the relation of economics to hotel and restaurant management?
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How would the inflation rate affect the hotel and restaurant industry in the Philippines?

The behavior (rise or fall) of the inflation rate directly affects consumer spending, and indirectly the hotel and restaurant industry.


Relationship of home economics and Hotel and Tourism education?

The relationship is that, Home economics teaches alot on so many skills like cooking, weaving, dye, detergent, cream, and how to make the environment clean, etc. of which Hotel has to do with cooking and cleaning of the sorrounding. And of Tourism, any Tourism need to have hotel so as to serve any visitors visiting the Tourism.


How much does the Philippines rely on tourism?

Gross value added of hotel and restaurant and recreational services account for only 2 percent of total GDP.


What is the best hotel in Dalian China?

Without a doubt the Best Hotel in Dalian is the Nikko Hotel dalian. The very good service, five star amenities and great value for money make it the favorite choice. Other hotel offer the same kind of service but none manage to provide the complete set and are generally more expensive. Food and banquet service are top notch, large room (46 m2), friendly staff, excellent management and location and design make this hotel one of the best business hotel in China and surely in Dalian here are the website for your references:


How do tourists contribute to Gross Dometic Product?

Tourists purchase hotel accomodations, restaurant services, travel services, entertainment services, and the like. These all contribute to the nation's overall GDP (Gross Domestic Product).

Related questions

What does hotel and restaurant management contribute to your economics?

a pillow


What is the career objective of the hotel and restaurant management?

Hotel and Restaurant management is the growing career in hospitality industry of the present time . The Hotel and Restaurant Management is needed where one has to do marketing, sales and purchase. It will definitely help you in earning a good pay packet. this can happen if you enroll in Best Hotel Management in Rajasthan.


What is hotel restaurant mgt?

Hotel restaurant management is the study of the management of restaurants in hotels. This is a different type of management than regular restaurants.


Define hotel and restaurant management?

hotel and restaurant management is the overall managing and handling of all departments in restaurants and in hotels.


What is hotel restaurant management definition?

hotel restaurant management provides ample career opportunities for those suited for a job.


Introduction of hotel and restaurant management?

Introduction of Hotel and Restaurant Management is a class that is offered at many culinary schools. This course teaches prospective hospitality professionals about how to run their own hotel or restaurant.


Example of memorandum in hotel and restaurant management?

examples of memorandum in hotel


What is means of M in HRM?

Management... HRM = Hotel and Restaurant Management


What is the job tittle of the head in hotel and restaurant management?

in the restaurant , they are a called a maître-dit, in the hotel they are called the manager.


Why Philippine history connect in studying Hotel and restaurant management?

In studying Hotel and Restaurant Management, the study of Philippine history is important so as to learn about the past. Its importance is in learning about the evolution and development of Philippine hotel and restaurant service.


What is the Code of ethics in hotel and restaurant management?

The code of ethics in hotel and restaurant management is similar to any management position. For example, you should not allow any employees to invade a customer's privacy.


What is the meaning of hotel restaurant management?

Hotel restaurant management is specifically a job that manages hotel restaurants. Most restaurants offer catering as well. They are responsible for staff and preparation of food as well as sales and marketing.