What Type of Salary Can You Expect with a Hospitality Management Degree?
Those working in the hospitality field can make anywhere from minimum wage to several hundred thousands a year. With your degree, you can ensure that you make a solid income, since you’ll qualify to top management positions, and with experience, you can move to working at some of the best hotels, restaurants, and other locations in the world, which is what gets you those six figure salaries.
Let’s take a look at what you can expect to make in this field, along with how to make more money.
Hospitality Management Salaries by Job
The type of job you take with a hospitality management degree will play a large role in your salary after you graduate. There are lots of different options, but here are some of the positions you could consider, along with the average salaries you can expect:
- Lodging Manager: $54,570
- Food Service Manager: $52,220
- Travel Accommodations Food Manager: $54,710
- Casino Manager: $73,940
Just because you have a degree doesn’t necessarily mean that you’ll automatically qualify for a top management position immediately after graduating, however. There are a number of other positions in this field as well. Most of these positions are paid on an hourly basis; here are the rates you can expect:
- Maintenance and Repairs: $12.47
- Hotel/Resort Front Desk Attendant: $9.34
- Game Dealers: $7.29
- Hotel Bartenders: $9.55
- Hotel Cooks: $12.27
Hospitality Management Salary by Location
In the hospitality management field, location is extremely important. You’ll typically make more money in luxury locations and hot tourist destinations. Let’s take a look at the top hospitality management locations, based on what you can expect as an annual salary; here are the top states:
- Delaware: $75,460
- Nevada: $73,970
- New York: $73,340
- Hawaii: $72,750
- Massachusetts: $72,150
More specifically, here are some of the cities you should consider if you want a top-paying job in the hospitality management field:
- Bethesda/Frederick/Gaithersburg, Maryland: $104,310
- Las Vegas, Nevada: $81,220
- Reno/Sparks, Nevada: $81,200
- West Palm Beach/Boca Raton/Boynton Beach, Florida: $79,430
- Atlantic City, New Jersey: $78,970
- New York, New York: $78,930
- Seattle, Washington: $78,710
- Fort Collins, Colorado: $78,140
Looking for a high-paying hospitality job in a non-metropolitan area? Check out locations that are hot spots for tourism, especially high-end tourists. For example, Aspen and other ski resort towns allow you to make more money. Remember, in the hospitality field, you often will receive tips as well.
Another important trip: By taking additional classes in business and management, you’ll be better prepared to assume leadership roles in your field. Managerial or supervisory positions often pay more. If managing others is of interest to you, consider enrolling in courses that focus on team building, opportunity recognition, conflict resolution, and other management topics that will prepare you for success, such as:
- Project Management
- Communication Skills
- Human Resources
- Legal Issues
Success in the hospitality field is contingent on the constant improvement of your skills and talents, and by taking courses that enhance your management skills, you’ll be one step ahead of the competition.
Guide to Hospitality Mangement Programs
|BBA in Hospitality Management||DeVry University – DeVry University offers students a dynamic BBA in Hospitality Management. The program is designed for students who seek a firm grasp of business fundamentals while learning specific skills in hospitality management. The program was developed with the assistance of leaders in the field, making the curriculum topical and applicable to today?s business environment.|
|AASBA - Food/Hotel Management||Kaplan University – The Associate of Applied Science in Business Administration - Food/Hotel Management program at Kaplan University is designed to confer knowledge of food and hotel management to graduates passionate about entering the field. The curriculum offers a solid foundation in management. Courses cover teamwork and leadership skills, including the ability to motivate people and communicate efficiently.|