Savvy Hotelier

Why is it useful for you to know about the different jobs in the finance department of a hotel? If you chose to invest 3-4 years of your life studying hospitality, the art of hosting people, you are probably not planning to work in finance. Well, finance is big and you should not be prejudice against it. Why should you care about finance? The finance department in a hotel has the role of tracking the cost of running the hotel and making sure that the revenue makes a profit. The finance department has many jobs that are just pure finance and are not hospitality-specific, that’s inevitable. However, the hotel has several jobs that require front line and operational understanding, of food and beverage outlets and rooms. Many roles require working with people and being able to lead challenging conversations, such as negotiations. Not yet convinced that this is something you should care about? If you are not willing to at least understand it, you will not be able to grow. If you don’t under...

  As part of your hospitality bachelor degree, you are probably required to complete at least one short work placement, aka an internship. An internship is a standard requirement for a Bachelor in Hospitality Management because, with all the theoretical knowledge in the world, work experience allows you to actually put it to practice. Experience and education in the hospitality industry Because you have chosen to take the path of education, you will have an advantage over those that do not have a formal education, but it will only benefit you if you use it. In the hospitality industry, work experience is everything. Experience is more valuable than education and most people that work in hotels, restaurants, and other sectors of the industry do not have a bachelor degree . But don’t get me wrong, just having “some” work experience will not give you a successful career. You need to use your internship to your advantage in the long run and get the most out of it. You need to treat yo...