CollegeKhabar.com news network
30th October, 2009
The Indian tourism and hospitality industry is doing well, driven by the increase in both business and leisure travel by domestic and foreign tourists. In fact, the country’s travel and tourism industry is expected to generate approximately $100 billion (Rs4.28 trillion) in 2008, rising to $275.5 billion by 2018, according to the latest Tourism Satellite Accounting research released by the World Travel and Tourism Council (WTTC).
According to the Associated Chambers of Commerce and Industry of India, or Assocham, the attrition rate in the hospitality industry is set to double to nearly 50% from the current 25% on account of the Commonwealth Games, which will fuel a huge demand for trained and skilled personnel in the next few years. The chamber estimates that the Commonwealth Games will create job opportunities for approximately 50,000 skilled professionals, and around 70 hotels are likely to be commissioned in the next three years, assuming each hotel will need approximately 600 workers.
Hotel Management course has attracted a large number of students in past few years looking at the fast growth and good career opportunities in the sector. Recently, the Mint (HT Group) has conducted a survey to rank the top 10 hotel management institute in India.
These four parameters that they used were- Intellectual capital/ faculty, pedagogic systems, infrastructure and placements. They then multiplied the average rating by the weightage in order to rank the top 15 hotel management institutes in India. CollegeKhabar is listing this ranking.
Note: Click on image to get respective scores in different areas including placements
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