Tourism & Hospitality Management like any other sector is subject to the state of national economy and global economy. When the economy is doing well, jobs come a lot in sector. Currently there are more than 2.40 million people working in tourism, hotel, catering and allied industry in India and the number is going to increase in next couple of years as new organizations related to tourism and hospitality are coming up in large numbers in urban and semi- urban areas. Trained tourism and hotel management professionals would have the privilege over untrained graduates as hotels are willing to invest in training of recruits rather prefer trained ones.
Remuneration in tourism and hospitality management industry differs depending upon the tourism and hospitality management institute the candidate passed out from, work experience, skills and ability to handle tough situations. Those who come from top notch tourism and hospitality management institutes receive a salary of Rs 30000 or more. Similarly, candidates with diploma or certification programs can get salaries starting from Rs 15000 to 19000. Again the salary package differs a lot on the size and shape of the employment company. Large organizations like: MNC, large hotel chains offer attractive remuneration and pamper their employee.