Tourism is on the fastest growing industries around the world. Every year, more and more people are taking to the friendly skies and open roads for periodic getaways and restful respites. While this is great news for anyone involved in hospitality and tourism, it also means that hotels, restaurants, spas, resorts, and tourist attractions must become even more competitive in order to vie for vacation dollars. That's why more and more business schools have begun offering MBAs in hospitality and tourism.
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By completing this degree, you'll master all of the same essential skills one learns in a typical business program (accounting, marketing, fund-raising, investing, financial planning, etc.). But because tourism is such a unique industry, you also need to master skills such as conflict resolution, restaurant management, and catering.
Generally speaking, graduates with a degree in this field work closely with hotels, spas, resorts, and restaurants to ensure that they provide the best possible service while still remaining in the confines of their budget. Some graduates actually become proprietors of whatever establishments they help run. Others work more generally with travel agencies and tourism companies.