The Hindu Business Line : ‘C’wealth Games will double attrition in hospitality sector’

New Delhi, Oct. 14Attrition rate in the hospitality industry is set to double to nearly 50 per cent from the current 25 per cent, with rapid expansion taking place in the sector for the Commonwealth Games (CWG) 2010, as also accelerating diversification in West Asia and Europe, fuelling huge demand for trained and skilled personal in large numbers in the next three years, according to Assocham.

In a paper brought out by the Chamber, it has been estimated that CWG 2010 alone will create job opportunities for nearly 50,000 skilled professionals as 70 hotels are likely to be commissioned in the next three years, and assuming that each hotel will need about 600 regular workforce.

This huge requirement will but push up attrition rate in the hotel industry.

More Stories on : Hotels | Sports | Human Resources

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Nobel focus on climate

Clarification sought on ‘actual’ excise paid

Bangladesh, Nepal to strengthen ties

‘C’wealth Games will double attrition in hospitality sector’

Kochi: A highway of opportunity

Crude likely to cool down on fall in US demand

Cairn-ONGC plan for Ambe, Tapti development

Factoring services yet to gain popularity

Coal supply pacts to be mandatory for power utilities

Allcargo Global launches car transportation containers

Prepare plan to repair, maintain Kerala roads, says ICCI

Political parties in AP come up with slew of welfare schemes

Focus on backward regions

Kalam to address national HR meet

Two sides to the coin