Hotel Management Industry Overview
A consistent spurt in the disposable income of the middle class has given scope to the tourism and hospitality sector, which is currently enjoying a healthy growth and contributing to 7.5% of the country’s overall GDP. As per industry analysts, the projected growth of the hospitality sector in India stands at 16.1% CAGR which is almost Rs 2,800 thousand crores in 2022. This sector covers a wide array of activities within the services sector and is a major job provider in direct and allied services. With a steady flow of Foreign Direct Investments it also is a significant contributor to country’s tax revenues.
Given how vital this industry is for the economy, let us identify some important aspects about the hospitality industry:
Let us understand each of these in further details.
Careers in the Hotel Industry
Now that we have understood how the industry works, let us identify the various roles in which one can shape a career in this industry
One can start from the basic roles and move on to take bigger responsibilities. The experience is what makes one stand out from their competitors. One could have a variety of different positions on their work experience, making them invaluable for recruiters.
A career in hotel management can show you the world and let you experience many different cultures. This is not just limited to international hotel chains but also luxury cruise liners that hire the best talents and give the best pay packages in foreign currency. Add to that the scope of making professional connections and new friends which also builds character that is essential for an exhilarating career in the hotel industry. Each experience adds to your ability to accommodate and communicate.
NSHM provides a stunning experience for students in their practical classes every week with an aim to create quality professionals. To explore the different degree options that can help you shape a career in hospitality click here