MBA in Hospitality and Tourism Management

A person who is qualified master in Business Administration in hospitality and tourism will increase the job prospective and progress at full-service in various reputed hotels and tours and travel companies. This candidate will always get a preference from those who does not have a degree of MBA in hospitality and tourism. Leading hotels worldwide are in search to appoint management trainees who possess a bachelor’s or master’s degree in hospitality and tourism.

Several hospitality and tourism managers, works in traveler accommodations industry that includes hotels and motels. Companies having contracts looking after hotel management, also appoint managers having completed a specialization in hospitality and tourism. There were around 71,000 jobs available in 2006 for lodging managers. Having expansion in travel will grant a stable growth in job and good amount of opportunities for lodging managers.

It is expected that the rate of employment in lodging managers will increase by 12% from the year 2006 to the year 2016. Due to fixed business travels and rise in domestic and international tourism had increased the growth of employment in this industry. Lots of new hotels are being constructed will have high demand of hotel managers.

In May 2006, the annual income of the lodging managers has increased from $25,120 to $82,510. Managers also tend to get bonus of 25% of their salary in many hotels. Other facilities like meals, laundry, parking and other services are also given to the managers in some hotels.

Hence if you have a guts and aptitude of providing warm hospitality, getting a graduate degree in this sector is also one of the challenging one that results into good career growth in terms of earning respect and wealth.