If you enjoy creating connections with others, working in a diverse team, and are willing to think creatively, then studying hospitality management could be a great fit for you. A degree in hotel management not only prepares you for a variety of careers within the hospitality industry but also gives you the chance to bring new ideas and innovations to the field. Additionally, studying hotel management opens up exciting global opportunities for you to explore. Overall, if you are interested in pursuing a career in hospitality, earning a degree in the hotel management may be the right choice for you.
Hotel management is the process of managing the operations and administration of a hotel, resort, or other types of hospitality property. It involves overseeing various departments within the hotel, including sales and marketing, food and beverage, housekeeping, and front desk operations. Hotel management professionals are responsible for ensuring that the property is running smoothly and efficiently and that guests have a positive experience during their stay. In addition to managing the day-to-day operations of the hotel, hotel management professionals may also be involved in long-term planning and decision-making, budgeting and financial management, and implementing policies and procedures to ensure compliance with industry regulations and standards. A degree in hotel management can prepare individuals for a career in this field by providing them with the necessary skills and knowledge to effectively manage a hotel or other hospitality property.
The tourism and hospitality sectors in India are experiencing growth, leading to an increase in the demand for hotel rooms and hotel management professionals. As a popular tourist destination, the benefits of studying hotel management are becoming more clear and more attractive to students. Many students consider pursuing hotel management after completing their school education, as it is a highly sought-after course in the growing hospitality industry. As tourism continues to expand in India, the demand for qualified hotel management professionals is expected to rise, providing students with excellent job prospects and the chance to be hired by reputable organizations.
India’s hospitality industry offers a diverse range of accommodation options for travelers, including guest houses in the Himalayas, palace hotels in Rajasthan, unique hotels in the megacities, beach resorts in Goa, and houseboats in Kerala. In recent years, both domestic and foreign tourist arrivals have been on the rise. From backpackers to wellness tourists or business travelers, India has a wide range of hotels to meet the needs of all types of travelers.
● The hotel industry in India is expected to reach a value of INR 1,210.87 Bn by the end of 2023, expanding at a compound annual growth rate (CAGR) of ~13% during the 2018-2023 period, owing to the high arrival rate of foreign tourists and business delegates
● In the hospitality sector, Revenue Per Available Room (RevPAR) in Q2 2022 witnessed an ‘exponential’ growth of 339.3 % year-on-year (YoY) in Q2, 2022 over Q2 2021.
● The Indian hospitality sector witnessed a stellar 44.6 percent growth at a pan-India level in RevPAR compared to Q1 2022 on the back of summer holidays, weddings, and MICE demand.
● It is estimated that the number of users in the hotel industry will reach 61.3 million by 2027, with a user penetration rate of 3.5% in 2022 and 4.2% by 2027.
● It is projected to see a compound annual growth rate of 5.48% between 2022 and 2027, resulting in a projected market volume of $10.53 billion by 2027.
● The average revenue per user is expected to be $165.30. By 2027, it is projected that 59% of total revenue in the hotel industry will come from online sales.
● The United States is expected to generate the most revenue in the global hotel industry, with a projected $99,690.00 million in 2022.
Medhavi Skills University in Sikkim offers an exciting opportunity for aspiring hotel management students to follow their passion while gaining valuable experience and benefits. The university offers a 3-year on-campus apprenticeship embedded degree program in partnership with well-known hotel chains such as Holiday Inn, Crowne Plaza, IHG Group, and Fern Group. Students will have the opportunity to receive training from industry experts and become industry-ready. They will also gain practical experience by living in hotel premises in cities like Delhi, Kolkata, and Mumbai for practical sessions. If you have a passion for the hotel industry and want to pursue your dream job, consider enrolling in Medhavi Skills University, a top hotel management college in Sikkim.