Are you looking to find out the average salary in the Hotel Management industry before choosing a field of study? You also want to understand the current trends in the hotel management sector. This article will provide updated and detailed information about salaries in this field. Viet My College offers detailed information about the program to help you find what you're looking for.
Updating recruitment trends in the Hotel Management industry.
The continuous development of the tourism and hospitality industry not only makes a significant contribution to the economy, but also creates a huge demand for recruitment. The number of personnel in the hospitality management industry in 2019 was approximately 129 million, and this number is predicted to continue increasing in the future.
Although the tourism industry is being affected by the Covid-19 pandemic, Vietnam's tourism sector holds many potential opportunities for development. Therefore, studying hotel management is always considered a promising field for future career advancement. After graduating with a degree in hotel management, you have many career options. Some of the positions available include: Department management (reception, kitchen, etc.), human resources administration, business development, finance and accounting, etc.
Students in management programs, including university and college levels, will find it easier to apply for positions in restaurants and hotels thanks to their qualifications, knowledge, and experience. The potential for growth in the restaurant and hotel industry is immense in the near future, with numerous resort real estate projects being developed and many international hotel groups investing in Vietnam.
Average salary in the Hotel Management industry
Currently, salaries in the hospitality management industry vary and are influenced by many factors. What kind of salary can you expect to receive after graduating with a degree in hospitality management?
Factors influencing salary changes in the Hotel Management industry.
The hospitality management industry is considered to have high potential in terms of job market demand. However, salaries in hospitality management vary depending on value, size, and work experience. In particular, positions such as Director or Department Head offer high salaries and excellent benefits.
The hospitality management industry offers many attractive job opportunities. You need to meet the requirements for professional competence and work skills. For hotel management positions, you need abilities such as communication, foreign languages, confidence, problem-solving, etc.
Average salaries in the Hotel Management industry by job position
Depending on your position, your salary will vary. Higher positions, such as department head or director, offer higher salaries but also more responsibilities. The average salary for various positions in the hotel management industry is as follows:
- The hotel general manager earns between 25 and 50 million VND per month.
- Department/division directors earn approximately 15-20 million VND per month.
- Your department head will have a salary of 10-15 million VND/month.
- For a staff position, your monthly income will range from 7-10 million VND/month.
- ….
In addition, the hotel also offers many attractive benefits. You will enjoy employee rights such as social insurance, health insurance, travel and recreation activities, etc.
Hotel Management industry based on work experience
The longer you have experience in the hotel management industry, the better your income will be. For recent graduates, there's no need to worry about low salaries right after graduation. You can expect to earn between 5-8 million VND per month upon graduation. From there, you'll accumulate practical experience and have opportunities for career advancement. You can even earn a good salary at a management level, ranging from 15-25 million VND per month.
Salaries are based on the size of the hotel.
Hotels and resorts come in various ratings from 1 to 5 stars, with integrated amenities. Your salary and income will differ from that of a 1-star hotel compared to a 5-star hotel. This also means you'll need more knowledge and skills. High-end hotels and resorts with numerous amenities tend to have higher recruitment needs.
When working as a senior manager in a 2-3 star hotel, you can expect a salary of 12-20 million VND per month. The average salary for a management position in a 4-5 star hotel ranges from 20-40 million VND per month. Especially for this position, working for a foreign company or corporation will offer an extremely attractive salary.
Conclusion
This article has shared information about the average salary in the Hotel Management industry. Hopefully, you can identify and choose a suitable field of study for your future career. With its in-depth knowledge and skills-integrated hotel management training program, Viet My College is a reliable place for students to pursue a career in Hotel Management.
Author: Viet My College - Date written: August 10, 2021
Category: News - Events
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