Im majoring in hospitality management and im curious to know how much do they make yearly, im hearing different salaries based on experience or hotel.. anyone a hotel manager?How much do hotel managers make yearly?
yes i am a cha certified hotel administrator, like a cpa, issued by Michigan state upon completion of testing and numerous years in the industry.
salary rates are definitely depended upon the size(number of rooms) of a property, full service vs. limited service properties, resort, corp. city, suburban etc property, chain property vs upscale property etc.
if you are in hospitality management course you should know by now that experience is the key, and that starting graduates are much like an apprenticeship, you can expect to work long hours, nights, weekends, and holidays, depending on the type of property you will probably make 18-30g's coming out of a course. with 2-5 years salary range will probably be 25-40g's, 5 plus years the range can be 40-100g's again all depending on the type of property. You certainly can't expect running a 65 room hampton is going to pay the same as a 400-500 room hilton, etc.
this is a very tough demanding career field, it is exciting and challenging. everyday is something new, and the rewards are not necessarily monetary, but the satisfaction of doing something bigger and better than anyone else. Having loyal customers who return time and time again because of the hospitality you offer. I have had the satisfaction of having what i consider the best f%26amp;b crew in the world, turn over of less than 5% over a 5 year period, staff of over 70, unheard of in the industry, running properties with 90-95% occupancy rates, and best of all 20 years ago i married my agm after she had worked for me for 4 years. lol, so the industry does offer some great benefits, gl to uHow much do hotel managers make yearly?
The best way to get an idea about this market is to look at the jobs in the trade magazines. They often list salaries, which vary wildly according to the location/size/prestige of the hotel.
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