The hospitality industry in numbers

In a world where hospitality is a driving force, empowering individuals to meet needs, exceed expectations, and create a sense of belonging is essential across various industries. Even businesses outside the sector recognize the value of hospitality-trained professionals to foster meaningful customer relationships.

Why Choose Hospitality Academy?

For aspiring young professionals eager to embark on a rewarding journey in the hospitality industry, Hospitality Academy stands out as the trusted partner for acquiring essential hospitality accreditations. Offering a diverse range of courses, including bachelor's, master's, and MBA programs, Hospitality Academy provides flexible learning options, allowing you to join online or in-person at campuses worldwide. This presents a golden opportunity to receive top-notch hospitality education, paving the way for a successful career in the field.

Navigating the Landscape of Hospitality Employment

While the hospitality industry generates a new job every 2.5 seconds, the path to securing a position is not as straightforward as it might seem. Despite being the largest employer in the United States, the industry contends with higher-than-average unemployment rates. However, dispelling the myth of a lack of work-life balance, a recent UCF study revealed that more than 51% of surveyed workers in hospitality, tourism, or catering found the industry conducive to maintaining a healthy work-life equilibrium.

Key Statistics in the Hospitality Industry

Employment: Tourism and hospitality rank among the top three employers in 32 U.S. states.
Despite high unemployment rates, the industry boasted 596,000 open jobs in January 2019.
Management positions are projected to increase by up to 35% by 2023.
Globally, over 173 million people are employed in the hotel and motel sector.

Wages and Working Hours: The average hourly wage for industry employees is $13.76.
Management roles command an additional $2 per hour on average.
Hospitality employees work an average of just over 25 hours per week.

Economic Impact: The hospitality industry contributes $3.4 trillion to the global economy annually.
As of 2018, the sector accounts for 10.4% of total global GDP.

Social Impact: 39% of hospitality employees have two or more dependent children.
The industry boasts a low accident rate of four incidents per 100 workers in 2020.
Women constitute 71% of the workforce, while men represent 27%.

Industry Records: Globally, there are over four million hotel rooms.
In 2020, the world will witness over 700,000 hotels and resorts.
Beijing, China, claims the title of the city with the most hotels (4,169).
London boasts the most 5-star hotels (75), closely followed by Dubai (61).
The Wyndham Hotel Group leads the industry with over 9,157 properties.

These staggering figures underscore the pivotal role of the hospitality sector and its professions, offering a promising future with excellent working conditions. For those aspiring to thrive in this captivating industry, Hospitality Academy stands ready to guide your journey. For more information on how we can shape your career in the world's most luxurious hotels and restaurants, contact admissions@pihospitalityacademy.com with your CV.

Embark on your hospitality adventure with Hospitality Academy—where dreams become reality.