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Hotels Industry Is Expected To Provide Many New Jobs


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Hotels Industry Outlook

The hotels industry in the US consists of about 30,000 companies that operate 50,000 individual locations, with combined annual revenue of $90 billion. Large US companies include Marriott International, Starwood Hotels & Resorts, and Hilton Hotels. The industry is moderately concentrated; the 50 largest companies hold about 45 percent of the market. The majority of hotels are affiliated with a chain. A typical hotel has about $7 million of annual revenue and 100 employees. - Resource: http://www.firstresearcch.com


The Hotels Industry and other accommodations industry is expected to grow 17 percent between 2006 and 2016, which is faster than the average for all occupations. As more lodging establishments open and as people and companies have more money and travel more, occupancy rates will increase and create demand for desk clerks in this Hotels Industry.


Employment

Hotel,motel, and resort desk clerks held about 219,000 jobs in 2006. Almost all were in hotels,motels and other establishments in the Hotels Industry.


Employment of hotel and motel desk clerks should benefit from steady or increasing business and leisure travel. Shifts in preferences away from long vacations and toward long weekends and other, more frequent,shorter trips also should boost demand for these workers.


Wage and salary employment in Hotels Industry and other accommodations is expected to increase by 14%, compared with 11% growth projected for all industries combined. Travel and tourism, having rebounded since the recession following 9/11, is expected to continue growing and result in a greater need for transient rooms. All segments of the hotel market are expected to see increase in the number of rooms, but the greatest number of rooms coming on line will be in limited service hotels that do not provide food service. Many of these newer hotels are being built in the suburbs where a growing population is increasingly based a base of business establishments is being developed.


Job Prospects

In addition to job growth, job opportunities for hotel and motel desk clerks are expected to be good because of the need to replace the many clerks who either transfer to other occupations that offer better pay and advancement opportunities or who leave the workforce altogether. Opportunities for those willing to work a variable schedule should continue to be plentiful.


Earnings

Earnings in Hotels Industry and other accommodations generally are much lower than the average for all industries. In 2006, average earnings for all nonsupervisory workers in this industry were $353 a week, compared with $533 a week, for workers throughout private industry. Many workers in this industry earn the Federal minimum wage of $5.85 an hour or less, if tips are included as a substantial part of earnings.

Median annual earnings of hotel,motel and resort desk clerks were $18,460 in May 2006. The middle 50% earned between $15,930 and $22,220. The lowest 10% earned less than $13,690, and the highest 10% earned more than $27,030.


Hotels Industry Job Opportunities

Monster.com has a wide variety of job categories to select, like the list below, and it is FREE. Just put the "hotel jobs" or "hospitality" in the Keyword searching box on left top corner then click "Get Results", you will soon find further hotel jobs opening information.


  • Entry Level Account Manager
    Location:Columbus,OH 43085
    Job Category:Hospitality/Entry Level


  • Assistant Hotel Manager, Front Office Manager
    Location: Lenox, MA 01240
    Job Category: Experienced (Non-Manager)


  • Retail / Restaurant Customer Service
    Location: Emeryville, CA 94608
    Job Category: Food Services/Hospitality


  • Front Desk Supervisor
    Location: York Harbor, ME 03911


  • Hotel Housekeeper
    Location: Birmingham, AL 35242


  • Room Attendant
    Location: West Hollywood, CA 90069

  • Job Category: Hospitality/Tourism

  • Hotel Operations Manager
    Location: Boston, MA 02115
    Job Category: Hospitality/Tourism


  • Hotel Management Positions
    Location: Location: Beverly Hills, CA 90212
    Job Category: Business/Strategic Management



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