Lakshay College of Hotel Management

SCOPE AND FUTURE OPPORTUNITIES OF HOTEL/HOSPITALITY INDUSTRY

While you love lounging on the beach at a resort in Goa, you’re curious about the business behind the scenes. What inspire people to pick their destinations, what makes an incredible experience, and what impact do tourism and travel have on local communities? According to World Tourism Organizations, hospitality industry is one of the highest growing industries today. Hotel/Hospitality industry is experiencing continued growth to become one of the fastest growing sectors in the world.

Also, World Travel & Tourism Council (WTTC) estimates that out of 10 jobs, 1 job is from hospitality industry. Over the last five years, 1 in 5 jobs in this world comes from the hospitality industry. This means you are starting your career with plenty of opportunities from the beginning.A degree in Hotel Management not only guarantee you for a sound & safe career but also have an exciting options with full of opportunities coming to your path.

Here are some interesting facts that you should know before embarking on a journey into the ever-exciting hospitality industry:

1. It’s a career without limits

This industry has no boundaries and you can explore yourself full to the capacity. A hospitality management degree not only prepares you for a successful career but also offer you the platform to become an entrepreneur such as to have the desire to run your own travel agency, restaurant or event management, the choice is yours.

2. Opportunities to work overseas

Somehow, we all have dream to work in the abroad, and to have a hospitality management degree gives you the ticket and opportunity to explore your dream.  According to WTO, in next 10 years, internationally tourist numbers are forecasted to reach around 1.8 billion, which is really huge in numbers and to cater all these tourists, industry need qualified people. This means, in coming future hospitality professionals will be in high demand across the world.

3. Incredibly exciting industry

It is estimated that Hospitality industry is set to generate around 80 million new jobs over the next ten years. Additionally, by 2026, 1 in 9 jobs will be in the travel and tourism sector only.

4. You will learn vital skills

While studying hospitality, you will be able to learn soft and hard skills that can be used in your career path with different job positions, such as managerial skills, leadership, teamwork and organization.

5. Significant & Fast Growth to your career

It has been noticed in last two decades, unlike other industries, hospitality workers have fast career growth. According to Harvard Business, while choosing a career option, “Growth” must be one of the key factors. It is stated that Hospitality industry not only helps you grow professionally, but also personally.

6. You will make people’s day

Hotel/Hospitality industry is all about managing people around you. A smile on your face can make someone’s day really very special.

A guide for hospitality graduates to their career options, sectors such as:

  • Hotels and Resorts
  • Restaurants and Commercial food service
  • Food and Beverages industry
  • Meeting and Event Management
  • Travel and Tourism
  • Entertainment and Sports Management
  • Airlines, Cruises and other transportation
  • Spa and Wellness Management
  • Casino Management
  • Catering and Event Entrepreneur
  • Human Resource Management
  • Hospitality Marketing and Media
  • Hospitality Real Estate
  • Public Relations
  • Purchasing and Supply Chain
  • Finance and Revenue
  • Communication and Advertising

Final thoughts

If you are someone who enjoys dealing with people on a daily basis and who can think creatively, then hospitality management may be the best course for you to study. You will be able to see different parts of world along with this industry. No matter what age you are, you can begin an exciting career in hospitality and tourism!

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