SMEs are visible in all sectors, including the tourism and hospitality sector. Small and medium-sized tourism enterprises provide an array of products and services, including accommodation, transportation, catering (foods and beverages), attraction sites, and activities. This book explores what an SME is and how they operate in tourism and hospitality industry. It pays attention to the tourism and hospitality industry. The scope of tourism and hospitality is wide and includes a variety of activities. In that regard, this book pays attention to tourism and hospitality activities that fall under the small and medium-sized enterprises (SMTEs). Readers will gain an understanding of the challenges faced by tourism and hospitality SMEs, the opportunities, policies, regulations, and future projections as well.