The hospitality management industry brings in more money and creates more jobs than any other. With Americans spending $1 billion dining out every day and 64 million foreign travelers spending $144 billion during their stays in the U.S. in 2011, those with hospitality management credentials should be successful in this growing field.
- Today's restaurant industry employs nearly 13 million people and is expected to add another 1.3 million positions by 2020.
- Employment of lodging managers is expected to grow eight percent through 2020. Those with a college degree in hotel or hospitality management are expected to have the best job opportunities.
- According to the Bureau of Labor Statistics, the annual wage for food service managers is $48,130 ($23.14/hour). Lodging managers earned $46,880/year ($22.54/hr.).
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