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Market: Hospitality sector heads for $475.37bn

Fiinews by Fiinews
May 30, 2024
in Markets
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Students get blend of academic and industry learning for hospitality jobs

India’s hospitality sector is poised to touch US$475.37 billion by 2029 from US$247.31 billion estimated in 2024, according to Mordor Intelligence, a Hyderabad-based market intelligence and advisory firm https://www.mordorintelligence.com/ .

The growth follows as the sector has adapted to the increased demand for unique and personalised experiences, the emergence of eco-friendly and wellness tourism, and the impact of global events on travel patterns https://globalhospitality.com/ .

Another significant trend driving the sector is the unique blend of academic and industry learning for hospitality aspirants to become industry-ready from day one of graduation https://fhrai.com/ .

In this regard, the Career Leap Programme, an initiative by the Indian School of Hospitality (ISH) and Marriott Hotels http://marriott.com provides a significant opportunity for working graduates to thrive in the promising hospitality sector.

This innovative programme will offer 50% scholarship to all chosen 36 students, along with assured job offers and a career trajectory for the next three years https://attentionindia.com/ .

”There are students who have pursued traditional academic paths such as humanities, applied sciences, or commerce but aspire to enter the hospitality sector, Kunal Vasudeva, Co-Founder and Managing Director, Indian School of Hospitality https://www.ish.edu.in/news .

“The Career Leap Programme caters to individuals like them. It is designed for those with at least one year of work experience, offering an accelerated pathway for them to transition into the dynamic hospitality industry https://www.ibef.org/ .

”After completing the Career Leap programme, graduates can look forward to starting their journey at Marriott at the assistant manager level. Within 12-18 months, they can progress to managerial roles in sales and revenue management and take on positions as junior sous and sous chefs at various Marriott properties,” he said.

Another distinctive feature of the programme is a fixed stipend, which will be offered to students at both ISH and Marriott https://www.wwhotels.com/ .

Students enrolled in the career leap programme will undergo a six-month course at ISH and another six-month course at Marriott, according to Vasudeva.

“The upcoming batch is scheduled to commence in August. Participants will receive a monthly stipend of Rs.10,000 at ISH, and a stipend of Rs.25,000 during their six-month tenure at Marriott.”

According to ISH, the programme combines academic and industry learning to prepare graduates for immediate integration into the hospitality sector. The curriculum is designed to provide students with a well-rounded education, incorporating both academic and contextual frameworks through workshops, case studies, and other interactive learning methods. Fiinews.com

Tags: Indian School of Hospitality
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