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HFT FINAL EXAM || with 100% Error-free Solutions.

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Growth in the Industry: correct answers The demand for hospitality and tourism educators is derived directly from the demand for people working in the hospitality and tourism industry. Tourism is the largest industry in the world and the third largest industry in the US. The segments of lodging accommodation and foodservice comprise about 10% of all employment nationally. According to the Bureau of Labor Statistics of the US Department of Labor, the hospitality industry increased nearly 17% in wage and salary employment between 2004 and 2013. The expected growth of the convention and event sector between 2013 and 2025 is 44%. Growth in the Industry continued: correct answers According to the National Restaurant Association (NRA), restaurant sales have reached $65 billion in sales with an estimated 13.1 million employees for the restaurant industry, representing 10% of the US workforce. In addition, employment in the restaurant industry is expected to increase by another 1.3 million jobs by 2025, with employment reaching 14.4 million by 2025. Restaurant sales constitute 4% of the US GDP. The US Travel and Tourism (T&T) industry is also expected to contribute 2.8% to the Gross Domestic Product in 2013, generating $438 billion. The T&T industry is expected to increase to $628.5 billion by 2023. - In terms of employment in the T&T industry, it is expected to expand from 10.1% of the total employment by 2023. Growth in H&T Education: correct answers Primary growth in the 1900s and 21st century has been in the 4-year baccalaureate granting institutions, offering degrees in hospitality and tourism management. In the early 1970's, there were only about 40 such hospitality management programs, and now there are approximately 300. According to the Guide to College Programs in Hospitality, Tourism, & Culinary Arts, there were more than 170 undergrad programs, and this number has grown to nearly 300 in recent years. Among US schools in hospitality and tourism education, two-year institutions ranked first in total number, followed by four-year institutions and culinary programs, as illustrated in the FIGURE. Types of Schools in US H&T Education (Figure): correct answers Culinary: 177 schools Two-year institutions (associate degree): 330 schools Four-year institutions (bachelor's degree): 214 schools International opportunities: 54 schools - The number of schools in each category are identified based on the Guide to College Programs in Hospitality, Tourism, & Culinary Arts and College source Online database. - While all schools may not be represented, it is apparent that there are close to 800 schools of various types in the hospitality and tourism area.

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