Whether you are developing a boutique hotel or a luxury hotel, the process for hotel development follows the same basic path, although there are some aspects that can change based on the individual circumstances of your hotel development. Did you know that the hospitality industry is one of the largest employers globally? The U.S. travel industry, for example, generates more than $1 trillion in economic output each year and when you look to seasonal markets with less industry, travel & hospitality sometimes make up the majority of the economy So whether you're an industry veteran looking to up your hotel management knowledge this year or even if you're just getting started and want to fast track your knowledge - you'll love this guide.