Effective human resource management: key to excellence in star hotel industry

Abstract

Hotel industry is the major component of tourism. Tourism is a dynamic, evolving, consumer driven force. Tourism is the world's largest industry. This viewpoint may be correct if the entire interrelated component are placed under one umbrella. The worlds largest industry with approximately 3.8 trillion dollar in gross output in 1997 and 7.1 trillion by the year 2007. The worlds leading industrial contribution, producing more than ten percent of the worlds gross national product. A leading producer of tax revenue. Expected to grow faster than any other sector of worlds and India and provide skilled as well as unskilled employment. one of the faster growing sectors of the economy today is the hotel industry. The hotel industry alone is a multi-billion dollar and growing enterprise. It exciting, never boring and offer unlimited opportunities. The hotel industry is diverse enough for people to work in different areas of interest and still be employed within the hotel industry. This trend is not just in India, but also globally.