News: Hotel industry to hire more by year-end

C-Suite

Hotel industry to hire more by year-end

Though the hotel industry has surpassed the IT-ITES industry in hiring, it continues to reel under manpower shortage. According to the recent Employment Trend survey of Ma Foi Randstad, the hospitality industry hired 48,000 in the July-September period, compared with 46,000 by the IT-ITES industry. Still, with the growing inventory of hotel rooms, and growing stand-alone restaurants, the hotel industry needs to hire a lot more. The survey says the industry would require at least another 40,000 people by the end of the current calendar year.

Though the hotel industry has surpassed the IT-ITES industry in hiring, it continues to reel under manpower shortage. According to the recent Employment Trend survey of Ma Foi Randstad, the hospitality industry hired 48,000 in the July-September period, compared with 46,000 by the IT-ITES industry. Still, with the growing inventory of hotel rooms, and growing stand-alone restaurants, the hotel industry needs to hire a lot more. The survey says the industry would require at least another 40,000 people by the end of the current calendar year.

In fact, a large number of approvals for new hotels and large-scale investments in hotel infrastructure in major cities as well as tier-II and tier-III cities have led to creation of significant number of jobs at all levels. As a thumb rule, each room requires 1.75 men — if the number of rooms increases by 30,000, as many as 50,000 people would need to be hired. While hotel management schools in India turn out 10,000 graduates a year on an average, the requirement is much more.

Source: The Hindu Business Line

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Topics: C-Suite, #Updates

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