Which of the following is NOT one of the 5 levels of hospitality and retail spaces?

The five levels of hospitality and retail spaces typically include Luxury, Commodity, Value, and others that reflect a range of experiences and offerings in the industry. Each of these levels signifies a particular approach to service, ambiance, and target market.

Luxury represents high-end experiences with premium prices, target markets looking for exclusivity, and exceptional service and amenities. Commodity refers to basic, functional offerings often characterized by standard pricing and widespread accessibility. Value denotes spaces that focus on delivering a good experience at a reasonable price point, appealing to consumers who seek quality without a high price tag.

Standard, however, does not align with the typical classifications found in discussions about hospitality and retail spaces. While it could imply a norm or baseline, it lacks the specific connotations of experience and market positioning that the other terms denote. This differentiation is crucial in understanding how various levels of hospitality and retail target their clientele and design their services.