India comes 62nd in the world in the list of attractive destinations, in APac region its rank is 11. Here are some facts from the IBEF (India Brand Equity Foundation) website:
It is ranked the 14th best tourist destination for its natural resources and 24th for its cultural resources, with many World Heritage sites, both natural and cultural, rich fauna, and strong creative industries in the country. India also bagged 37th rank for its air transport network. The India travel and tourism industry ranked 5th in the long-term (10-year) growth and is expected to be the second largest employer in the world by 2019.
India’s hotel pipeline is the second largest in the Asia-Pacific region according to Jan Smits, Regional Managing Director, InterContinental Hotels Group (IHG) Asia Australasia. He added that the Indian hospitality industry is projected to grow at a rate of 8.8 per cent during 2007-16, placing India as the second-fastest growing tourism market in the world.
Sanjay Gupta, CMD, Neesa Leisure Ltd stated that the hotel and hospitality industries are among the biggest employment generators in the country.
An April (2010) report says that in the next three years the Indian hospitality industry will require 100000 trained personnel across various levels. A report by the consulting and temp staffing firm Ma Foi Randstad projects the Indian Hospitality industry to be the second largest employment generator in the country in the coming days. Sunil Kothari, a senior official from the Hotel and Restaurant Association (HRA) says that the rate at which various hotel management institutions are churning out personnel are just not enough to meet this demand.
What are the various senior opportunities in a hotel that awaits eager professionals and how is the pay scale expected to be. Here is a list with these details which one blog from the Wall Street Journal states :
GENERAL MANAGER
Jack of all trades and CEO of the hotel.
Pay Scale: Smal hotels (100 rooms or less): Rs 25-40 lpa, or $53,400 -$85,400, according to Neeraj Chadha, regional general manager for India at Hilton Worldwide.
Larger hotels (200 rooms or more)- starts from Rs 50 lpa ($107,000)
Qualifications: Usually requires a masters degree/diploma in hotel management or MBA. Knowledge of local language and social skills help.
REVENUE MANAGER
Analysing demand-supply data. Prepare business plans. Look out for events and conferences to generate more business. Set pricing strategy to maximise profits.
Pay Scale: Rs 8- 18 lpa ($17,100- $38,500)
Qualifications: Commerce /Economics grad or MBA in finance.
EXECUTIVE SOUS-CHEF
Number two guy in the kitchen. Administrative role, deciding menu and kitchens daily activity in charge.
Pay Scale: Rs 7- 14 lpa ($15,000- 30, 000)depending on role and size of hotel
Qualifications: A culinary course, fluency in English is a plus a reputation.
DIRECTOR, SALES & MARKETING
BD, brand management, sales strategy, revenue management.
Pay Scale: Rs 16- 30 lpa depending on hotel size and quality
Qualifications: MBA, with 7-8 yrs experience, charisma is important, this is supposed to be the glam job.
SPA MANAGER
Managing the spa team, strategising on packages etc, warehousing
Pay scale: Rs 9 lpa or more
Qualifications:Graduate with a spa course, good communication skills a must.
Saturday, August 28, 2010
Friday, August 13, 2010
Ranbaxy CEO quits
The CEO of Ranbaxy, Mr Atul Sobti quit after just one year of joining the company. Former CMD Malvinder Singh had resigned before him and Sobti's is the second resignation after Daiichi Sankyo took over the pharma major in 2008. Now, Arun Sawhney, President of the Global Pharmaceutical Business will take over from Sobti as MD. Sobti had a three year term as CEO and MD of the company but had someproblems soon after he took over.
In his interview to TOI he has said
Spearhead Intersearch MD, Jyorden Misra, speculates on the reasons behind this sudden move. According to him “The socio-cultural perspective in regard to Korean and Japanese companies has a different tone and tenor from that of American and British owned companies under transition... It is no secret that Korean and Japanese companies vest their critical leadership levels in their own nationals since they do not have a high degree of comfort otherwise."
Source: www.mydigitalfc.com
Here is the link to the article on Financial Chronicle which tells the story including Mr Misra's comments on the matter.
http://www.in.com/news/business/fullstory-sobti-quits-on-cultural-differences-15037063-57e0a1a1db5d14db667d6d6fb1265af8eeed65a7-1.html
In his interview to TOI he has said
‘‘There are certain differences... in the overall working of Ranbaxy as a company, in its running and how to go forward, and integrate it. I took the decision to quit a few months ago, but decided finally (to go) a week ago. Sometimes it's better to quit when there is no resolution, though it is very disappointing and unfortunate.''
He is still evaluating his next move. Under Sobti's tenure, the company posted a strong growth, with net profit of Rs 963 crore in first quarter ended March 31, 2010, as against a loss of Rs 761 crore in the year-ago period.
Source: Indiatimes.com
Source: www.mydigitalfc.com
Here is the link to the article on Financial Chronicle which tells the story including Mr Misra's comments on the matter.
http://www.in.com/news/business/fullstory-sobti-quits-on-cultural-differences-15037063-57e0a1a1db5d14db667d6d6fb1265af8eeed65a7-1.html
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