The hospitality management industry is experiencing a period of large growth. The National Restaurant Association projects that the number of foodservice management positions to increase eight percent from 2010–2020. Nearly two million additional jobs are expected in restaurants and foodservice by 2016.
The U.S. Bureau of Labor Statistics projects a three percent increase in hotel and lodging managers, and a 13 percent increase in casino hotel managers from 2008–2018.
Hospitality managers' salaries range from $40,000–$150,000 depending on experience, education, and the kind of hospitality property.