London’s hospitality industry has grown fast because of the economic conditions of the country and increase in hotels due to the amazing scenic views. For success in the hospitality industry after your graduation, you need the following skills:
To get a competitive advantage over other organizations in the hospitality industry, you need to have adequate skills and knowledge on developing, building, management and sustaining your brand or your company’s brand. Traditional and digital brand management techniques will be taught and practiced in the best hospitality institutions.
Sales and marketing
This is different but close to brand management. Sales and marketing will determine the number of clients you get to your business and the ones who come by or make referrals to your company. You will be taught by the best minds the best marketing techniques and the best products that sell in the industry.
A business’s success is determined by the relationship it has with its customers. You may have a clue on this but hotel management and hospitality colleges will teach you the importance of good customer relationships. You will also learn about software that will make customer relationship management easy and affordable.
The success of a hospitality business is determined by the people you hire to work with. Clients will always come first and you must hire the most qualified personnel to help the business achieve its objectives.
In these institutions, students are taught about selection criteria to use when employing individuals to work in different departments.
Hotel management colleges London have revenue management in their curriculum. Accounting is important and how profits or losses are spread is important. Expenses and incomes should be managed and risk analysis undertaken to determine the best projects that will generate most revenue at lower or higher risk levels.
Real Estate Finance management
This is an important facet of business especially when having business on leased or purchased land. It will also give you the chance to manage your assets and income. Project management is taught besides this and helps in monitoring the progress of projects and determining the best places and time to buy or sell property.
The hospitality industry undergoes many changes every year and for success in the industry. You will get to understand the expected trends and how to cope with them. There are low and high seasons and through these management courses, you will be at a position to stay afloat always. Tourism management knowledge is also essential.
The course will also give you the chance to manage all the other business departments necessary for running matters the right way. Your entertainment system also needs to be right for the environment and the country. Therefore, hospitality management requires adept skills in business administration and management.
In conclusion, you should get enrolled in a college that teaches you all the above courses. You should also be exposed to the working of the industry because theoretical knowledge of these areas of hospitality will not be enough for your success in business. You will also be disadvantaged at an interview or job application when you lack experience in these areas.
Therefore, colleges should not only teach you these skills but also give you the chance to evaluate your skills in the hospitality industry.
via Janet Lewinsky
Janet Lewinsky is a Hospitality and Tourism consultant in London. She also consults with Colleges and you can view her insights on http://switzerhospitality.com/. You can also visit her blog for information on hospitality management and business management.