If you’re interested in a career in hospitality management, you may be wondering how much resort general managers make. The answer to this question depends on several factors, including the size and location of the resort, the experience and education of the general manager, and the overall financial health of the resort.
What is a Resort General Manager?
A resort general manager is responsible for overseeing all aspects of a resort’s operation. This includes managing staff, ensuring guest satisfaction, maintaining financial records, and developing marketing strategies to attract new customers. They must be highly organized, possess strong leadership skills, and have an in-depth knowledge of hospitality management.
Factors that Affect Salary
The salary of a resort general manager varies depending on several factors. These include:
Size and Location: The larger and more prestigious the resort, the higher the salary for its general manager. For example, a small boutique hotel in a rural area may offer a lower salary than a large luxury resort located in a major city.
Experience: General managers with more experience typically earn higher salaries than those who are just starting out in their careers. This is because experienced managers bring valuable skills and expertise to their roles.
Education: A degree in hospitality management or business administration can also increase a general manager’s earning potential. Many resorts prefer to hire candidates with advanced degrees or certifications.
Overall Financial Health: The financial health of the resort itself can also impact the salary of its general manager. Resorts that are struggling financially may not be able to offer as high a salary as those that are profitable.
Average Salary
According to Payscale.com, the average salary for a resort general manager is around $67,000 per year. However, this number can vary widely depending on the factors listed above.
Career Outlook
The career outlook for resort general managers is positive, with the Bureau of Labor Statistics projecting a 4% growth in employment from 2019 to 2029. This growth is expected to be driven by an increase in travel and tourism.
Conclusion
In summary, the salary of a resort general manager can vary widely depending on factors such as the size and location of the resort, the experience and education of the general manager, and the overall financial health of the resort. However, with a positive career outlook and opportunities for advancement, hospitality management can be a lucrative career choice for those interested in this field.