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Blog
Home Research The Real Opportunities of the Hospitality Industry
Research

The Real Opportunities of the Hospitality Industry

August 19, 2015 SkillSmart
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People working in a cafe in the hospitality industry

As the hospitality industry continues to grow at a rapid pace, so does the potential for economic impact across the US.

Hospitality employs over 15 million people in the US today. It represents almost 10% of all private employment, and is expected to add over 1 million new jobs to the economy in the next few years.

Despite its size and breadth, jobs in the hospitality industry are often overlooked. In our latest white paper we debunk the myths surrounding the fast-growing industry.

Myth 1: Hospitality isn’t a significant contributor to the economy

Fact: With more than 25 sub-sectors of the American hospitality industry – including, tourism, food services and hotels – it is a significant contributor to the economy. Read more >>

Myth 2: Hospitality isn’t for everyone

Fact: Few industries are as diverse in job opportunities as hospitality, in both the positions and the personnel who staff them. The industry successfully attracts, hires and retains a diverse talent pool. Read more >>

Myth 3: Hospitality jobs don’t pay a living wage

Like all industries, salaries in hospitality vary. There are jobs that require less experience and carry a lower salary. There are also jobs within the hospitality industry with annual salaries earning $75,000 or more. Read more >>

Myth 4: Hospitality jobs have no future

The transferrable skills that employees develop in the industry, such as customer service and a variety of other technical skills, can lead to advancement within the industry or jobs in other industries. Further, many managerial positions are available to individuals regardless of their educational background. Read more >>

Learn more about the industry’s economic value and its increasing contributions to employment.

Download the Whitepaper »

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SkillSmart provides construction technology to transform the way project data is tracked and reported. Our team supports some of the largest economic development and construction projects in the U.S. SkillSmart Insight helps organizations address diversity, prevailing wage, and regional workforce compliance, moving to quantify the economic impact of every project in the communities where you are building. We provide a secure solution for tracking and reporting all of the data that you need to run your project and your business. Our team works collaboratively with yours to streamline the way data is collected and stored so that when it comes time to report, analyze, quantify, and deliver the results there’s no second guessing.
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