subject: Hotel Management Job Outlook And Earning Potential [print this page] The employment of hotel management staff is expected to grow just as fast as the average managerial position for all sectors though 2014. More opportunities are predicted to be available because many experience managers will be leaving the industry to pursue other interest or through retirement. The better and higher of education that is obtained, the more plentiful the opportunities will be.
Full-service hotels that cater to business travelers and tourist will have more positions to offer in the coming years. Also the amount of economy level and extended stay establishments is expected to grow to be there for leisure travelers and bargain hunters. There are a growing number of levels of accommodations being offered in today hotel industry. From the economy level that offers the basics with out all the frills to the luxury hotels that a multitude of additional perks and special accommodations.
The hotel industry is predicted to keep up with the consolidation as bigger chains buy out smaller establishments or contract to take over the operations. The growing number of extended stay establishments will effect the growth of management positions because these hotels generally have fewer departments and thus need fewer managers. Additionally these hotels do not need managers to be there 24 hours a day. This leaves many of the day to day operations to fall on the shoulders of desk clerks and other lower level staffs. This allows you to get an entry -level position that will give you some experience for furthering your career that you may not have received before.
Managers will be in more demand at suite hotels because business guest are willing to pay out more for rooms that include kitchens and space to conduct meetings. Additionally bigger full-service hotels, that have restaurants, fitness rooms, big meeting areas and accommodations to entertain children, will keep providing a multitude of training and managerial opportunities.
The management job opportunities that are going to be available will require a minimum of a 2 year degree in hospitality or hotel management. A 4 year degree though will give you a competitive edge of other seeking managerial career positions. It will give you additional skills and training needed to beat out the competition. Education coupled with hands on experience is sure to shoot you to the top of the list of potential employers. Higher end resorts and hotels are predicted to offer many additional opportunities for those holding decrees in hotel or hospitality management.
The median yearly salary for hotel mangers in 2002 was $34,000. Although salaries hotel manager can differ depending on the size of the establishment they manage and what they are responsible for. Obviously larger hotels are going to be able to pay bigger salaries but there will also be more expected from you as a manager. The more you make the more responsibility you will have. How much educations and experience you obtain will have a great effect on you salary.
