The hospitality industry is one of the fast-growing industries in the world. The scenario is the same in India as well. Hospitality graduates are doing very well in the industry.
According to a recent report released by India Brand Equity Foundation (IBEF), the industry is expected to create 13.45 million jobs across sub-segments such as Restaurants (10.49 million jobs), Hotels (2.3 million jobs) and Travel Agents/Tour Operators (0.66 million).
Pradip K Das, Director Finance and CFO, India Tourism Development Corporation (ITDC) Ltd in an interview said, “Hospitality industry is evolving at a faster pace as compared to recent years. With the growth of tourist inflow, the hospitality industry has become one of the main sectors to increase foreign direct investment (FDI) influx. As more people come online, smartphone penetration increases and use of digital payments go up, the report estimates that India’s online hotel market will grow to $4 billion with 31 percent penetration at a CAGR of 25 percent.”
India is experiencing a surge in tourism which is in great shape in the country. The rising interests of travellers from across the world indicate a healthy shift and a positive growth in the Indian tourism sector. It is not only because of people’s desire to explore new and interesting places, but it is also because of the central government’s push towards tourism. In fact, each state in India has its own tourism policy to promote its unique culture, picturesque views, and delectable food.
With an expanding middle class, better infrastructure, extension of e-tourist visa to 150 countries and several initiatives by the government such as Incredible India and Atithi Devo Bhava, the country is witnessing a phase of incremental growth in the sector. According to the data released by Department of Industrial Policy and Promotion (DIPP), during the period April 2000-December 2016, the hotel and tourism sector attracted around $9.93 billion of FDI.
With tourism booming in India, there is being felt a major need for experienced graduates of hospitality based education. Hotel, resorts, and restaurants all over the country need qualified staff to run their establishments. Job opportunities are available in all fields of the hospitality sector – food production, food and beverages, front desk, housekeeping amongst others.
The need for qualified graduates gives those of us with a degree or diploma in hotel management a clear advantage over those who don’t. Since studying hotel management from a reputed college would cover all the basics like theoretical and practical knowledge of the course, training, and internships in the industry, those who take admission in and graduate from a good hotel management college would definitely fare well over others. They would have a better shot at being placed in various 5-star properties across the country since they would have all the tools at their disposal.
To know more about the top hotel management institutes in North India, check out this blog.