Colleges Hospitality Management: A Good Choice For Future Growth
When deciding whether a colleges hospitality management program is a smart choice, there is a new study for potential students to consider. The study offers promising news to those now in or considering joining the hospitality industry and for colleges hospitality management programs.
Colleges hospitality programs suffered a bit in recent years when there were reports of the industry being in a slight to moderate decline. While the hospitality industry suffered along with the rest of the country, they actually fared better than some other types of businesses.
Still, colleges hospitality management programs had to deal with potential students who worried that a degree in this field might prove useless should the economy continue on its current track. While no one can predict the future, the aforementioned report, completed by the firm Ernst & Young offers hope.
As mentioned above, the hospitality industry did see a decline in recent years. Business travel was down as companies tightened their belts and pleasure travel was down as people reworked their budgets. Still, there were many locations around the country that continued to show an increase in the number of available jobs. Colleges hospitality management programs have always been able to give those seeking such jobs an edge over applicants who had no such degree.
So what is the good news offered by Ernst & Young? Their study, which was quoted in the April 5, 2010 edition of the Los Angeles Times, shows that business travel should be up 2.5% by the end of the year. In addition international travel that is inbound to the United States should be up 3% by the end of the year. That means the need for those trained by colleges hospitality management programs will increase.
This is big news to an industry that remained unsure of what to expect while waiting for the economy to make a full recovery. Colleges hospitality management programs can also breathe a collective sigh of relief as this news is sure to spur potential students to take the plunge.
Colleges hospitality management programs prepare graduates for management jobs in this industry that, despite the odds, continues to flourish. This tough economy has taught colleges hospitality management programs and the whole hospitality industry that there will always be travellers and the fear that gripped the industry when the economy first started to falter may been unnecessary.
Another lesson learned, however, is that when business and pleasure travelers do start to tighten their belts, that there will be more competition for those travel dollars. Still, this is also good news for colleges hospitality management programs.
In order to be competitive when the market gets a bit tougher will require having the best employees in the hospitality industry. Colleges hospitality management programs produce just that: the best employees.
The associate's, bachelor's and master's degrees offered by colleges hospitality management programs teach all aspects of the business including marketing and branding. Those skills are of paramount importance when it comes to bringing in to new customers and keeping old customers coming back again and again.
Colleges hospitality management programs should be thrilled by the news put out in the Ernst & Young report. So should any potential students who are considering a degree in the hospitality field.