SMUDE > Hospitality Management > Why Hospitality Management

Why Hospitality Management? 

“It is estimated that between now and the year 2013, the hotel industry will generate 250 million jobs which will consist of approximately 10% of total world employment."
-The World Travel and Tourism Council

Hospitality Management, including the Food Service Industry, is one of the fastest growing occupations in the world. According to a survey, the growth in India’s hotel industry has recently reported a tremendous boom. In the year 2006, the Indian hotel industry earned revenues of INR 604.32 billion. In recent years, the government has been giving special emphasis to boost the hotel industry in India. It is estimated that employment opportunities in the hotel industry in India will increase to 15 million by 2010.

Travel and Tourism in India has emerged as one of the main sectors responsible for the significant growth of the Indian economy in recent years. Being a very vast industry, the scope of employment opportunities is unlimited. The travel and tourism industry consists of tourists, travel agents and government and private tourism departments. The tie-ups of private airlines with foreign airlines have increased the flow of domestic and foreign tourists in the country. India’s foreign exchange earnings from travel and tourism industry in 2005 were US $ 5731 million. According to a survey conducted across 134 countries by the world’s travellers, India is rated as the fifth most preferred destination.

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