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Hotel & Restaurant ManagementIndustry InformationThere has been tremendous growth in this industry over the last several years. According to the American Hotel & Lodging Association, total industry revenue rose from $68.2 billion in 1990 to $108.6 billion in 2000. The AH&LA also reports that in the United States the tourism industry is currently the third largest retail industry, behind automotive and food stores. Travel and tourism is the nation's largest services export industry and one of America's largest employers. The tourism industry directly supports 7.8 million jobs and employs one in every seven Americans either directly or indirectly. According to the National Restaurant Association the 1.5 million food service-and-lodging managers in the industry represent the largest number of managerial employees in the country. Restaurant sales have increased from $239.3 billion in 1990 to $407.8 billion projected for 2002. The tremendous growth in the industry coupled with the fact that success at hotel and restaurant companies are dependent on the service that employees provide creates a very important need for well-educated, professional managers. Average Wages:Lodging Career Ladder - Food Service Career Ladder Search for Job Opportunities:Employment Information Web Sites: U.S.
Department Of Labor Lodging Information |
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Related Links: Hotel & Restaurant Management Home
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Northeast Wisconsin Technical College, 2740 West Mason St, P.O. Box 19042, Green Bay, WI 54307-9042, 1-800-422-NWTC |
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Updated July 4, 2008 |
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