Skill shortage threat to hotel industry growth

The $23 billion hotel industry plans to add at least 50,000 more rooms in the top six cities of India by 2016-17, but there are concerns over whether there will be enough skilled people to meet demand in the labour-intensive sector, which is already facing a shortage of trained staff.

There are only 52,000 trained people available against the hospitality industry’s need for 583,000 professionals, which will go up to 754,000 over the next four years, according to the government.

The “current supply of professionally trained manpower is estimated to be very dismal—8.92%” of the total requirement, according to a September report by Cushman and Wakefield and the Confederation of Indian Industry. There are currently 128,000 hotel rooms in the organized sector, according to central government data.

Full report here Mint


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