Hospitality Key Facts

A rapidly expanding industry !

The world of hospitality offers a wide range of exciting careers in businesses related to travel and tourism, hotels and food & beverage, and events and leisure. It is also one of the world’s fastest growing and most dynamic fields of employment with positive trends forecasted for the coming years.

According to the World Travel & Tourism Council (WTTC), the industry is promising more growth and a powerful economic influence in the next decade. 

Predictions for 2012

Travel & Tourism's contribution to GDP is forecast to grow steadily by approximately 3.3% in 2012. In spite of the current global economic slow-down, Travel and Tourism results indicate that people are still travelling more, with the international air travel and hotel occupancy rates up.  (WTTC, November 2011).

Ten Year Forecasts

Over the next ten years, the industry’s total contribution to GDP is expected to rise by 4% per year, which translates to approximately 69 million new jobs in ten years. (WTTC, November 2011)

To read the full article by the WTTC, click here.

Career Pathways

A degree in hospitality management from one of our institutes will open the doors to a wide range of career pathways.

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