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Masters Degree in Hospitality and Tourism Management
Are you interested in hospitality management? Then earning a Masters of Hospitality Management could be your next step.
Hospitality around the world is a massive industry, with the UN World Tourism Organization even reporting that tourism has a business volume that is at least as much, if not more than, other major industries such as food, automobiles, and oil.
In 2013 it was reported that the average earnings on a single hotel room in Europe amounted to USD 315,000 per year. This rate is even higher in elite destinations like Paris or in hospitality hubs (i.e. resorts) such as Hawaii.
The hospitality industry extends beyond such statistics, however, and requires graduates who understand the diverse and wide-reaching nature of hospitality management.
Other characteristics of a top-notch hospitality manager could include natural charm, skill with numbers and accounting, innovative and strategic thinking, charisma and adaptability, and the readiness to tackle the challenges of an evolving, globally-oriented, hospitality-obsessed environment. To achieve these skills and more, an undergraduate degree may not be enough. The need for graduate students who can earn a Masters Degree in Hospitality and Tourism Management and come out of it with sound experience and knowledge in modern marketing, development, and environmental factors, as well as the skills to take the lead in both domestic and international organisations is now a highly lucrative career option.
Tech is an area in which a Masters of Hospitality Management could provide graduates with the skills to follow new trends across ever-evolving platforms. Other hospitality and tourism management postgraduate programmes might cover how tourism uses humour to build a brand, how people perceive the quality of service at business events, and how sustainability factors into people’s choice of holiday destinations.
As these research opportunities might make clear, hospitality and tourism management extends far beyond working in a hotel. It can relate, in many ways, to fields such as economics, anthropology, and psychology.
Graduates of a Masters Degree in Hospitality and Tourism Management have many career options, and the obvious ones (marketing, development, management) are by far not the only ones. Graduates may also consider policy research, consulting, or many other choices.
With all these options, a Masters Degree in Hospitality may seem appealing to a wide range of applicants. The main thing to keep in mind when considering this degree is that there are plenty of opportunities out there in terms of career paths, both traditional and unexpected. (And if, having read the article above, you decide that you might want to reconsider and see what is most suited to you, there are many other academic programmes discussed here.)