APG Specialty Publications INDEMAND_2017 | Page 10

HOSPITALITY CAREERS Minnesota Hospitality Industry The hospitality industry is the largest and fastest growing industry in the world. There are more than four million hotel rooms in thousands of properties within North America alone. Lodging establishments range in size from intimate inns to mega conference hotels. Some are designed for the budget traveler, while others provide luxury accommodations to the highly affluent traveler. Welcome Throughout this international industry, the benchmarks of success are measured on the comfort of the sleeping room, quality of food, and service received. These simple components set the properties apart. In addition, many lodging properties offer meeting and event space with accompanying services. Lodging Management Competition for jobs at large hotels that offer the highest level of guest services is expected to be strong. Opportunities at smaller hotels should be more achievable. Those who have a college degree in hotel or restaurant management, have good customer service skills and related experience should have the best prospects. WAGES AND OUTLOOK This career pays above the statewide median wage of $18.88/hour. Across Minnesota, Lodging Managers earn a median wage well over $19/ hour; high earners make more than $26/hour. In the seven- county metro area, Lodging Managers earn more than $24/hour; high earners make well over $33/hour. This career is seeing high growth compared to other careers. There will be a need for about 200 new Lodging Managers to meet market demand between 2014–2024. Growth rate is 6.3 percent, or above the statewide average. Source: CAREERwise 10 lakevillechamber.org