Hospitality. A sector as broad as the gastronomic delights served at its locations. Many businesses benefit from a customer-oriented attitude. Then there’s management, with its own attraction of leadership and responsibility. When you put the two together, you get “hospitality management.”
But what exactly is hospitality management? Where may it lead you in your career path? How much money might you make working in hospitality management? And what does a degree in Hospitality Management entail?
- Hospitality Management
Hospitality management is a vast area that entails monitoring the day-to-day administrative, operational, and commercial operations of firms in the hospitality sector. In contrast to the more narrowly focused “hotel management,” hospitality management is an umbrella phrase that encompasses a variety of businesses such as food and beverage, travel and lodging, and event management. Maintenance and cleaning to spa services, concierge, reception, as well as many other departments may fall under the purview of a hospitality manager.
The functions of hospitality managers change depending on the location in which they work. Among these are, in particular, the following:
- Accounting & budgeting
- Recruiting, training, and managing employees
- Assisting with day-to-day operations
- Improving Business Performance
- Responding to consumer complaints and enquiries
- Maintaining health and safety compliance
- Business Management vs Hospitality Management
A Hospitality Management degree, like a Business Management degree, provides extensive insights into the mechanism and operation of businesses and organisations. Students learn managerial skills such as leadership and delegation, teamwork and communication, information technology, analysis, critical thinking, and problem-solving.
The Hospitality Management course curriculum, on the other hand, is exclusive to the hospitality industry, which embodies customer service.
- Why do entrepreneurs study Hospitality Management
Entrepreneurs are nurtured in hospitality management programmes. Hospitality management provides aspiring entrepreneurs with a once-in-a-lifetime opportunity to combine practical and theoretical education, known as a dual education approach, which prepares you for success as an entrepreneur by enhancing both hard and soft skills.
- Career paths in Hospitality Management
Hotels and resorts, conferences and exhibition centres, events venues, bars and pubs, eateries and fast-food outlets, airlines, and also the public sector, all provide job chances in hospitality management.
Salaries vary depending on a variety of circumstances, including your region, target market, and the size and status of the company – the possibilities are unlimited!
Along with the roles described above, hospitality management abilities can lead to a career in a variety of other fields, such as:
- Marketing/Sales
- Public relations
- Human Capital
- Customer support
- Tourism
- Finance/Accounting
- Bachelor’s Degree in Hospitality Management
While a secondary school is sufficient for certain hospitality positions, a Hospitality Management degree is the greatest way to get into the upper pay bracket of hospitality management. A Bachelor of Science in Hospitality Management will provide you with the following abilities:
- Communications
- Teamwork
- Analysis, critical thinking, and problem-solving
- Delegation and leadership
- IT and hospitality management applications
- Networking
A Hospitality Managerial degree should ideally provide professional abilities and management competence on the one hand, as well as cultural understanding, language skills, and real-world job experience on the other. This is undeniably true at the critically regarded EHL. Its Bachelor of Science in Hospitality Management combines industry immersion with management theory and applied business projects, providing you with all the information you need to become a well-rounded professional while also serving as an excellent stepping stone to a Graduate Management Program or Master’s degree.
- Transferable Hospitality Skills
Because of the unique combination of business acumen and customer-facing abilities learned, hospitality talents are noted for their transferability into other sectors. Studying for a degree in hotel management opens up job opportunities in a wide range of industries, including:
- Entertainment
- Luxury
- Food and Drink
- Health and well-being
- Technology
- Management of a Business
- Hotels
Hospitality management is a great option for people who want to work in a diversified profession and have a service attitude, a knack for critical thinking, and a desire to lead.
Take your hospitality business to the next level. Check our team at The Hospitality Company, we’re passionate about helping great people build great businesses. Connect with us today.
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