Can you make six figures in hospitality?
Can you make six figures in hospitality? The average salary for this position varies depending on the location and size of the hotel, but it can range from $50,000 to $100,000 per year. According to a report by Hotel Management, Sales and Marketing Managers in luxury hotels or resorts can earn even higher salaries, sometimes reaching six figures.
How rare is a 100k salary?
According to the U.S. Census, only 15.3% of American households make more than $100,000 annually. A $100,000 salary can yield a monthly income of $8,333.33, a biweekly paycheck of $3,846.15, a weekly income of $1,923.08, and a daily income of $384.62 based on 260 working days per year.
Is there a job shortage in the hospitality industry?
AHLA points out that similar staff shortages extend to hotels across the United States as employment in the hotel industry decreased by almost 400,000 jobs between February 2020 and August 2022, with more than 115,000 job openings yet unfilled.
What is the highest paying hospitality job?
- Restaurant manager.
- Event manager.
- Hotel general manager.
- Sommelier.
- Food service director.
- Travel manager.
- Executive chef.
Can you make a lot of money working at a hotel?
Can you make a lot of money in hospitality? There are lucrative career opportunities in the hospitality industry, especially for those who pursue upper-level management positions. General managers and executive leadership tend to earn more than front desk staff and restaurant workers, for example.