Of late, many individuals are pursuing careers within hospitality management as it is believed to be a highly and challenging vocation within its particular industry. Hospitality management refers to the management of various entities in the hospitality industry, including restaurants, hotels, theme parks, cruise lines and tourist agencies, among others. It requires an individual to plan activities and events, manage employees and provide good customer service. This kind of work can be highly challenging as it requires excellent planning and social skills, as well as a high level of commitment. If you wish to obtain a career that offers great financial rewards, hospitality management is an excellent option for you. You will benefit from a number of career advancement opportunities when working as a hospitality manager and it is possible to even earn a six-figure annual salary as you progress within your career. The salary of a hospitality manager will be dependent on a number of factors which include but are not limited to, experience, education, designation, company and location.
Average Salary in Hospitality Management
The salaries of hospitality managers in the United States can range from $30,000 to $70,000 per annum. According to a report by Simplyhired.com, the average pay for hospitality management jobs is $59,000 as of March 2011.
Salary by Designation and Job Profile
There are a wide range of managerial jobs within the hospitality industry, including hotel manager, restaurant manager, tour operator, event planning manager, sales manager and advertising manager, among others. If you wish to pursue a career in the hospitality industry, you can begin by either working for a company that provides hospitality services, or start up your own hospitality company. According to survey, sales managers in the hospitality industry are those who will earn the highest salaries. The average salary of a sales trainer is around $189,000 per year, while sales leaders and executives will earn an average salary of $211,000 per year. If you are appointed a general manager within a hotel, you could expect to earn an annual salary of up to $53,000, while a director of a company in the hospitality industry can command an average salary of up to $69,636 per year. The U.S. Bureau of Labor released data in 2009 indicated that the average salary of lodge managers and hotel managers is an estimated $53,500 per year. It was also revealed in the report that middle level managers will earn an annual salary ranging from $35,310 to $63,890 per year.
Salary by Experience
Hotel and restaurant chains will inevitably prefer to hire managers who possess the necessary experience and education to manage their branches. As such, they are willing to pay top dollar to employ the most capable managers in the industry. According to a PayScale survey, the salary of an inexperienced hospitality manager ranges from $34,988 to $44,497 per year, and a manager with more than 20 years’ experience can make over $100,000 per year.
Salary by Location
Salaries of hospitality managers will also vary according to locations. A hotel manager in the state of Washington earns less than one who works in Washington DC. The salary earned by a hotel manager in New York can range from $72,339 to $143,142, while the salary of a hotel manager in Texas ranges from $36,826 to $77,010.
If you are looking to embark on a career within Hospitality Management, it is important to be aware that climbing up the ladder will take a considerable amount of experience and determination.
To know more about California Culinary Academy and Salary Range for Hospitality Management Careers visit http://www.culinaryschoolsu.com/the-art-institutes.php
Average Salary in Hospitality Management
The salaries of hospitality managers in the United States can range from $30,000 to $70,000 per annum. According to a report by Simplyhired.com, the average pay for hospitality management jobs is $59,000 as of March 2011.
Salary by Designation and Job Profile
There are a wide range of managerial jobs within the hospitality industry, including hotel manager, restaurant manager, tour operator, event planning manager, sales manager and advertising manager, among others. If you wish to pursue a career in the hospitality industry, you can begin by either working for a company that provides hospitality services, or start up your own hospitality company. According to survey, sales managers in the hospitality industry are those who will earn the highest salaries. The average salary of a sales trainer is around $189,000 per year, while sales leaders and executives will earn an average salary of $211,000 per year. If you are appointed a general manager within a hotel, you could expect to earn an annual salary of up to $53,000, while a director of a company in the hospitality industry can command an average salary of up to $69,636 per year. The U.S. Bureau of Labor released data in 2009 indicated that the average salary of lodge managers and hotel managers is an estimated $53,500 per year. It was also revealed in the report that middle level managers will earn an annual salary ranging from $35,310 to $63,890 per year.
Salary by Experience
Hotel and restaurant chains will inevitably prefer to hire managers who possess the necessary experience and education to manage their branches. As such, they are willing to pay top dollar to employ the most capable managers in the industry. According to a PayScale survey, the salary of an inexperienced hospitality manager ranges from $34,988 to $44,497 per year, and a manager with more than 20 years’ experience can make over $100,000 per year.
Salary by Location
Salaries of hospitality managers will also vary according to locations. A hotel manager in the state of Washington earns less than one who works in Washington DC. The salary earned by a hotel manager in New York can range from $72,339 to $143,142, while the salary of a hotel manager in Texas ranges from $36,826 to $77,010.
If you are looking to embark on a career within Hospitality Management, it is important to be aware that climbing up the ladder will take a considerable amount of experience and determination.
To know more about California Culinary Academy and Salary Range for Hospitality Management Careers visit http://www.culinaryschoolsu.com/the-art-institutes.php
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