It shouldn't surprise us to learn that the hospitality industry is growing. Top 10 reasons why hospitality is the right path for you. The World Tourism Council predicts that, by 2029, the travel and leisure industry will account for 11.5% of global GDP and, at the same time, provide employment to more than 420 million people. This is fantastic news because, with the onset of AI and automation, many roles in other industries are becoming redundant in the workplace.
Take a look at some of the more than 37,000 hospitality job offers on Hosco and you'll see that interpersonal skills and people-related roles are at the heart of hospitality jobs. Receiving a “bought” meal is one of the pillars of the hospitality industry. The manager of a hotel, for example, usually receives all meals for free or at great discounts, one of the advantages of working in hotels. Generally, the same benefit extends to all managers.
Almost every other industry, whether it's the IT industry or the automotive industry or the energy industry, is younger than the hospitality industry. Undoubtedly, the hospitality industry has grown in recent years and is expected to continue to grow in the future as technological advances continue to increase and people have access to more disposable income. This must change, as it can be a serious disadvantage of working in the hospitality industry for years to come. Hotel companies are focused on offering the best customer experience and, with new players and concepts that seek to inspire the next generation of travelers, the industry is interested in getting even more out of its customers in the coming years.
With other jobs, you're usually subject to policies and regulations, but most of the time in Hospitality you can make a change with a snap of your fingers and you can see the final results. But if you're looking for more than that, an opportunity to grow and make a difference one person at a time, hospitality may be the best thing for you. For hospitality professionals, this is a set of skills that are honed by experiencing different cultures, extensive social interaction, and understanding the nature of creating a comfortable environment for everyone. A good career in the hospitality industry will surely lead you to an expedition to companies from several countries.
Yes, the hospitality and travel industry has been one of the stable and fastest-growing industries for centuries. Although the travel and hospitality industry experienced some successes, the industry survived and, once again, is vibrant and flourishing. Think about how important social skills are for many jobs today, and you'll realize that a foundation in hospitality, an industry based on social skills, will give you what you need to succeed.