Earnings in the Hospitality Industry
In both food service and lodging, salaries for managers can vary widely, depending on the size, location, and market. Managers in limited service diners are not likely to earn as much as managers in upscale, white-line restaurants.
Median annual earnings of lodging managers were $33,970 in 2002 according to the United States Department of Labor Bureau of Labor Statistics. The middle 50 percent earned between $26,110 and $44,670. The lowest 10 percent earned less than $20,400, while the highest 10 percent earned more than $59,420.
Salaries of lodging managers vary greatly according to their responsibilities and the segment of the hotel industry in which they are employed, as well as the location and region where the hotel is located. Managers may earn bonuses of up to 25 percent of their basic salary in some hotels and also may be furnished with lodging, meals, parking, laundry, and other services. In addition to providing typical benefits, some hotels offer profit-sharing plans and educational assistance to their employees.
