Highest Paying Countries for Hospitality and Tourism
Are you a hotelier? Do you wonder which country can offer you the best in terms of salary, satisfaction and growth?
The hotel industry is the biggest employer in the world. It caters to every tourist, individuals on a business trip and people's love for food and other amenities. Therefore, it offers jobs for hotel management in abundance, from the kitchen to the front desk to FnB to housekeeping. With a hotel management degree, you can choose to work in your desired field.
For a hotelier, there are mainly three factors which he considers before moving overseas. First is the salary, second is growth, and the third is other employment benefits. Hence, in this blog, we ll segregate the highest paying countries for hospitality and tourism based on these three conditions.
Highest paying countries for hospitality and tourism in terms of salary
Remuneration has always been one of the most significant factors for hotel management professionals when choosing which organization or country to work in. The starting salary for hotel management graduates is often equal to or slightly higher than the minimum wage. The starting wage for hotel management professionals is not among the highest in the industry. However, as one gains experience, one's income increases exponentially, and some of the highest-paid hospitality positions are unquestionably in the higher pay brackets.
Since many countries offer other benefits such as free meals, tax rebates and accommodation, it is often challenging for a hotel management professional to choose one of the top countries. Considering these benefits, we can say that the following countries would rank in the top ten destinations for hospitality jobs in attracting remuneration.
Highest paying countries for hospitality and tourism industry in terms of growth
While the hospitality industry has grown exponentially over the last decade, this trend did not continue in 2020. And the reason was the coronavirus (COVID-19) pandemic. Foreign and domestic tourism is halted as a result of travel restrictions imposed to prevent the spread of the disease. As a result, the coronavirus had an especially strong effect on the hotel industry.
Considering it is a temporary effect and the industry may soon come back on its feet, hoteliers can expect significant growth in this sector in times to come. The majority of recent hospitality businesses, as well as alternative lodging such as Airbnb, have arisen in the United States. So, although the United States remains the top hospitality nation, Asian countries such as India, Japan, and Vietnam are also rising rapidly.
So, we can confidently recommend the following countries as the highest hospitality and tourism work growth destinations.
United States of America
Highest paying countries for hospitality and tourism in terms of job security
Professionals in the hospitality industry often complain about working long hours even without job security. No one wants a glamorous job that pays well but is not stable. Furthermore, work satisfaction is being promoted as one of the most relevant metrics for improved company retention. So here are our recommendations for the best countries for hotel management employment in terms of job security.
Here at Aspire world immigration, we focus on finding the best opportunity for hoteliers in terms of job security, salary and other benefits. We help you determine which country would be the best choice for you and your family. Our visa counsellors are skilled in conducting thorough research and relocating you to the highest paying country for the hotel industry.