MBA in Hotel Management: Salary and Career Facts

Learn about the median salary of hotel managers, along with salary data based on employment experience. Find out the duties, employment outlook and education requirements. Schools offering Hotel & Restaurant Management degrees can also be found in these popular choices.

What is a Hotel Manager?

Hotel and lodging managers must make sure that guests at their establishment have a positive experience. They're responsible for inspecting spaces for cleanliness, managing finances, overseeing staff, and coordinating activities on the grounds. They also must answer any questions from guests, and sometimes operate social media accounts.

Get an overview of this career in the quick-view table below:

Key Responsibilities Supervise and schedule employees, budgeting, inventory, guest services and activities management
Job Growth (2014-2024) 8%
Median Salary (2015) $51,840

Source: *U.S. Bureau of Labor Statistics

What Jobs Can I Apply For With an MBA in Hotel Management?

With a Master of Business Administration (MBA) in Hotel Management, you should have the general business and specific management skills necessary to work in the hospitality industry. As a hotel manager, you will generally work in hotels, motels, inns and resorts. You could also work in related fields, such as casino, timeshare or property management.

If you have little or no experience when starting out as a hotel manager, you might begin your career working in smaller inns or motels. You might also start your career as an assistant hotel manager of a larger lodging establishment. You could also be hired to manage a particular department within a hotel, such as the front office or the convention services department. With experience, you can become the general manager of a busy hotel, inn or resort, or the regional manager of a large hotel chain.

What Will My Job Duties Be?

Hotel managers' responsibilities vary according to their position and the size of the hotel in which they work. If you work as a general manager in a larger hotel you may oversee all the operations of the hotel to ensure it runs efficiently and smoothly. You may coordinate work between different departments and manage a large staff of hotel employees, including kitchen, housekeeping, office and maintenance staff.

As a hotel manager, you may also be in charge of the hotel's finances and work with the marketing department to determine promotional offers and room discount rates. Managers of particular departments can have more specific job duties. For instance, as a front office manager you may train the hotel's front desk staff, coordinate room reservations and oversee any issues with the hotel's website. Another important aspect of your job is attending to guests and ensuring their needs are met.

What Advancement Opportunities Will I Have?

Many hotel managers advance to higher paying positions by transferring to larger hotels, or by relocating to larger cities that offer more opportunities. If you work for a hotel chain, you could transfer to another hotel within the chain to become a regional or central office manager. Once you have gained years of experience, you may advance to a top position within a large lodging establishment, such as vice president of operations. Many universities and hotel associations offer professional certification programs for hotel managers looking to enhance their skills and employment options.

What Can I Expect to Earn?

Hotel managers' salaries vary based on a number of factors, including education, experience and an establishment's size and location. Hotel managers working in larger hotels and resorts generally have more responsibilities and, therefore, earn higher salaries. In addition, hotel managers in large metropolitan cities tend to earn more than those in small towns.

According to the U.S. Bureau of Labor Statistics, the median annual salary of all lodging managers was $49,720 in May 2015 (www.bls.gov). Hotel managers are typically paid on a sliding scale according to experience level. Hotel managers with one year or less experience had a median annual salary of $42,000. Those with 20 or more years of experience had a median salary of $78,000, per PayScale.com.

As a hotel manager, you may also receive bonuses that can be as much as 25% of your base salary, as well as profit-sharing benefits. Some hotel managers also receive non-monetary perks, such as free meals, parking, laundry and other services.

What Are Some Related Alternative Careers?

Related careers include food service managers, gaming services workers and property managers. Food service managers oversee the daily operational staff of restaurants, to ensure a quality dining experience and sustained profit. Gaming services workers supervise the activities of gambling businesses, sometimes operating slot machines and card tables. Property managers handle the leasing and maintenance of residential and industrial plots.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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