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Now that you have graduated with a Bachelor’s degree in Hospitality Management, you’re wondering what salary you can expect. The general starting salary for those with a Bachelor’s Degree in Hospitality Management with one year or less on-the-job experience earns an annual average salary of $46,580.
With one to four years of experience, the average annual salary is approximately $47,963. With five or more years of experience, the average annual salary range is between $65,20 to upwards of $108,060 per year for a Lodging Manager, according to the BLS as of May 2020. As you can see, the more experienced you are, the better the salary!
Below you will find some average annual salaries for specific fields in Hospitality:
- A Regional Chef can expect to earn approximately $135,965 with a bachelor’s degree and ten years of work experience. They often work for a franchise and manage several restaurant kitchens in a region.
- Regional Restaurant Managers can earn between $97,576 and $129,224 annually with a degree in Hospitality Management.
- A Human Resource Manager can anticipate an average salary of $121,22 – 208,000 annually, with the higher end salary reserved for those managers who are employed by exclusive properties or five-star luxury hotels. It is also beneficial if you work for corporate offices of a popular hotel chain.
- Executive Pastry Chefs earn an average annual salary of $68,359 with a bachelor’s degree from a culinary school and five years work experience.
- A Meeting, Convention and Event Planner earns $51,560 annually with a bachelor’s degree in Hospitality Management. A degree in Catering can be very helpful in this field, as well.
- Casino Managers are well compensated with a Hospitality Management degree and on-the-job experience at between $85,440 – $139,680 per year.
- Travel and Tourism Managers can earn between $42,350 and $73,360 annually. The higher end salaries are reserved for those degree holders who are employed by government authorized travel agents and corporate level agents. And, don’t forget the added bonus awarded to the travel agent professional; free travel throughout the world and substantial travel discounts. A Ship Cruise Director on average earns about $54,010 per year, however, some positions can earn upwards of $80,000 annually depending on the cruise line.
- Tourist attractions require management, too. A Zoo Curator who oversees all the aspects of zoo care and customer relations earns a median salary of $72,505 annually with a Bachelor degree, however, an animal behavior degree might be required, as well. An Amusement Park Manager requires a bachelor’s degree in Hospitality Management and earns the median salary of $67,092 annually for general and operational managers.
- The most popular career with a Hospitality Management degree, General Hotel Manager, earns an average starting salary between $56,670 annually at the mid-career level and with extensive experience, one could earn $108,060 per year. And of course, these salaries most definitely depend on your placement as well as the reputation and notoriety of the hotel chain.
While contemplating a career in tourism, don’t forget to consider the other benefits of the Hospitality Management field. Many major hotel chain companies offer additional perks to attract and maintain an extraordinary management team and happy employees by offering 401(k) retirement programs and exceptional healthcare plans. Most companies also offer vacation pay, sick pay, and maternity leave.
As with all employment, average salaries differ depending on your geographical location and the demand to fill positions, however, one of the main components to remember in Hospitality Management is the number of years of experience you have. Although, this field offers a wide range of career options that allow you to start at the “ground level,” actual work-related experience is a major determining variable when considering your projected salary.
To further assist you, check out our list of the Best Online Schools For Bachelor’s in Hospitality Degree Programs!