Hospitality Management

Statistics indicate that the average American eats out more than four times per week, and over 200 million travelers stay in hotels each year. With so many patrons passing through their doors, hotels and restaurants rely on the smooth operation that can be facilitated by a hospitality manager.

The hospitality industry brings in trillions of dollars each year, making it the world’s largest employer. Business travelers and those who are embarking on a much-needed vacation rely on the hospitality management industry to make their experience enjoyable.

Successfully running a hotel or restaurant can be a daunting task and requires a lot of time and effort. In order to remain competitive in the market, hotels and restaurants rely on repeat business that only can be generated by making sure a customer is satisfied during their first experience. Pleasing customers – and keeping the staff members who run these establishments happy – is one of the many jobs of a hospitality manager.

Education Requirements

There are numerous degree options available for the hospitality management industry, both through online programs and in traditional classroom settings.

An associate degree in hospitality management is the minimum level of education required to work in the field. Associate degrees are offered through most community colleges and trade/technical schools and will take roughly two years to complete. While it is possible for someone without a formal education to work their way up the chain to a management position, those who enter the workforce already possessing a degree will earn a higher salary immediately.

Bachelor degree programs in hospitality management take four years to finish and are available through both online and traditional programs. Most undergraduate programs in hospitality management include coursework in hotel and restaurant management, managing a casino, managing meetings and events and tourism.

Master degree programs in hospitality management are not necessary to work in the industry; however, some students opt to pursue a graduate degree in order to focus on a specific area within the industry, such as hotel management or tourism.
Doctorate-level degrees are available but not required to work in hospitality management. Candidates who want to own and operate their own business may choose to pursue this advanced-level degree, but it is not necessary in order to be successful.

Future Outlook

The U.S. Bureau of Labor Statistics predicts demand for those possessing a bachelor degree or higher in hospitality management will increase by 8 percent between now and 2020.

Candidates who possess a bachelor’s degree or higher in hospitality management will earn between $36,000 and $91,000 annually. Travel and tourism agency managers, or managers of large casinos, will be on the higher end of the salary scale due to the high demand of the job.

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