Hotels and
restaurants are key parts of the hospitality industry, a favored industry in
the United States and worldwide. Leisure is one of the things that Americans
like to enjoy whenever possible. Hotels and restaurants are additionally an
integral part of the business world. Business travel is an important way for
businesses to send people to train other staff in other offices, open new
branches of the business, and meet in educational settings for “in-house”
training. Quite a bit of business is conducted over meals and dinner meetings.
Business entertaining makes up a substantial portion of sums spent at
restaurants throughout the year. Caesars Entertainment is one of the well-known
players of such industry. Caesars
stock price recorded of US $18.08 up by 0.41points i.e. 2.32% and has displayed
improvement on 2FY14.
The
restaurant industry is always a high-performer in the financial arena because
of the ability to combine dining with business. The fact that meals can be
claimed as business expenses is also a
factor that helps the health of the restaurant and hotel industry. The food
industry is one, which will always be financially healthy, as there will always
be demand for good food. A stronger world economy will promote the health of
all aspects of the hospitality industry.
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