This paper deals with several concepts that are separate terms in themselves. The concept of a new product and its features and the reasons why they are created are essentials for the development and improvement of tourism and hospitality. Other than the concept of tourism, with its definition and division, attention has been given to tourism in Slavonski Brod. The development and notion of hospitality in the future has had a masive influence on the further desire to improve the supply, categorization and the division of catering establishments. The last notion of the paper is the term Hostel Mali Pariz. That part contains detailed representations of the facility through the contents, external and internal appearance in the present and the future, the division of job positions also in the present, and what it will look like in the future with realization of every expansion plan. The attention was also given to the attendance of the hostel as well as its current and future services. In addition a research of the Hostel Mali Pariz was conducted, in which the owner answered questions.