Tools commonly used in the Hotels-Apartment industry for day-to-day tasks and operations.

• Property management software
• Online booking system
• Revenue management software
• Housekeeping management software
• Point of sale system for on-site restaurants and shops
• Electronic door locks
• Energy management system
• Guest feedback software
• Security cameras and monitoring system
• Laundry management software

Common products and services typical of NAICS Code 721110-03, illustrating the main business activities and contributions to the market.

• Extended stay hotels
• Corporate housing
• Serviced apartments
• Vacation rentals
• Condo hotels
• Apartment hotels
• Aparthotels
• Suite hotels
• Residences
• Executive suites

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Hotel and Lodging Certification: This certification is offered by the American Hotel and Lodging Educational Institute and is designed to recognize individuals who have demonstrated a high level of knowledge and skill in the hospitality industry. It covers topics such as front desk operations, housekeeping, and food and beverage service.
• Servsafe Food Handler Certification: This certification is required by many states for food service workers and managers. It covers topics such as food safety, sanitation, and hygiene.
• Pool Operator Certification: This certification is required by many states for individuals who operate and maintain public swimming pools. It covers topics such as water chemistry, pool maintenance, and safety.
• Fire Safety Certification: This certification is required by many states for hotels and other lodging establishments. It covers topics such as fire prevention, emergency procedures, and fire extinguisher use.
• Americans with Disabilities Act (ADA) Compliance: Hotels-Apartment must comply with the ADA regulations, which require that facilities be accessible to individuals with disabilities. This includes providing accessible parking, entrances, and guest rooms, as well as accessible routes throughout the facility.

A concise historical narrative of NAICS Code 721110-03 covering global milestones and recent developments within the United States.

• The Hotels-Apartment industry has a long history dating back to the early 1900s when the first apartment hotels were built in the United States. These hotels were designed to provide long-term accommodations for travelers and were equipped with kitchens and other amenities. In the 1920s, the industry experienced significant growth due to the rise of automobile travel and the construction of highways. During this time, many apartment hotels were built along major highways to cater to travelers. In recent years, the industry has continued to evolve with the rise of online booking platforms and the increasing popularity of short-term rentals. In the United States, the industry has faced challenges due to the COVID-19 pandemic, but has shown resilience and adaptability in response to changing consumer needs and preferences.

The anticipated future trajectory of the NAICS 721110-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Hotels-Apartment industry in the USA is expected to experience growth in the coming years. The industry is expected to benefit from the increasing demand for short-term rentals and the growing popularity of home-sharing platforms. The industry is also expected to benefit from the increasing number of business travelers who prefer the convenience of apartment-style accommodations. However, the industry may face challenges from the increasing competition from home-sharing platforms and the growing popularity of alternative accommodations. The industry is also expected to face challenges from the increasing regulations and taxes imposed on short-term rentals. Overall, the industry is expected to experience moderate growth in the coming years.

Recent groundbreaking advancements and milestones in the Hotels-Apartment industry, reflecting notable innovations that have reshaped its landscape.

• Extended Stay Hotels: Extended stay hotels are becoming increasingly popular in the USA. These hotels offer apartment-style accommodations with fully equipped kitchens and living areas. They are designed for guests who need to stay for an extended period of time, such as business travelers or families who are relocating.
• Smart Rooms: Some hotels are now offering smart rooms that are equipped with the latest technology. These rooms feature voice-activated assistants, smart lighting, and temperature control systems. They are designed to provide guests with a more personalized and convenient experience.
• Mobile Check-In: Many hotels now offer mobile check-in, which allows guests to check in and access their rooms using their smartphones. This technology is designed to provide guests with a more seamless and convenient experience.
• Green Initiatives: Many hotels are now implementing green initiatives to reduce their environmental impact. These initiatives include using renewable energy sources, reducing water usage, and implementing recycling programs.
• Contactless Payments: Many hotels now offer contactless payment options, which allow guests to pay for their rooms and other services using their smartphones or other mobile devices. This technology is designed to provide guests with a more convenient and secure payment option.