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Hospitality Management Cause and Effect

Hospitality Management and Human Capital Development

📝 1,136 words 📄 4 pages ⏱ 6 min read 📅 May 14, 2026
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Hospitality Management and Human Capital Development

Hospitality management is a concept that builds human capital and invests heavily in the right ‘human capital’ for its development. The persons bestowed the mandate to undertake these functions must possess the skills and competence necessary to thrive in the tourism industry. The industry, depending on the economic and business perspectives, is considered substantial due to the market it controls and the number of labour opportunities it offers to the people. Notwithstanding, every component revolves around hotel management. Baum, T. (2011) stated that competition within and without the industry allows for its growth and one becomes successful in the…

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