As a result room rates have risen more than 12 percent over the past two years and are expected to rise another 5.3 percent in 1998. This will be alleviated by new construction which will increase the number of rooms faster than the demand. This is true in cities such as Las Vegas, where the construction of 7,200 additional rooms in 1997 and a new 3,000-room hotel and casino owned by Mirage Resorts Inc. slated to open in 1998 will outpace demand. U.S. Industry and Trade Outlook 1998 reports that numerous U.S. cities are banking on the success of business meetings and conventions and are making significant investments in new and expanded convention facilities.
Jobs are plentiful for candidates with degrees in hotel or restaurant management.
Nine million people are employed in food services and that number is expected to climb to 11 million in the year 2005. Across the industry, fast-food chains are experiencing tremendous growth and are moving into less traditional sites such as airports and college campuses. Mass mailings are not recommended. Adams Media Corporation. CareerCity is a registered trademark of Adams Media Corporation.