Baisan Institute of Hospitality Management

Industry Outlook

The climate is ripe for investment in hospitality training, and the Baisan Institute of Hospitality Management's franchise program is an ideal choice. A tried and tested formula with a proven track record and the name of a leading, internationally recognized institution combine to create a franchise opportunity which promises exceptional returns and incredible possibilities.

Recent years have seen the hospitality industry suffer some serious setbacks, but global analysts agree that the sector is already showing signs of recovery. More than that, the hospitality industry is expected to triple in size within the next ten years, and become the world's largest industry by the year 2020 when (according to the World Travel and Tourism Council) travellers will spend an approximate US$ 5 billion every single day!.

Some of this revenue is headed towards the Middle East , generally acknowledged as the world's fastest growing tourism market. Already, travel to the region enjoys a growth rate of 7.1 per cent per annum, and almost 68.5 million visitors are expected by the year 2020. More importantly, intra-regional tourism is forecast at more than 18 million travellers within the next decade or so. Consequently, career opportunities in the hospitality industry have opened up at a fantastic rate and the demand for skilled hospitality professionals is set to rise exponentially. In Saudi Arabia alone, government and private sector analysts predict an extra 2.5 million jobs within the next 20 years, while more immediately, the rest of the Gulf is expected to create around 80,000 hospitality related jobs within the next few years.

The momentum of this dramatic upswing in the provate and public sectir is evident throught the region in the form of the infrastructure development that is currently underway, attracting global interest to a region touted to possess a great deal of investment potential . The Middle East, generally acknowledged as one of the worlds fastest growing markets, is expected to attract a fair share if this ongoing gloal expansion .Already , the region enjoys an average growth rate that is considered the highest in its class worldwide, and serves as one of the fastest growing tourist and commercial havens in the world today. Consequently, career opportunities have opened up a fantastic rate and the demand for skilled professionals is set to rise exponentially. Government and provae sector analyst predict millions of job to be created in countries saudi arabia within next two decades, while the rest of the Gulf region is expected to generate equal or large numbers of opportunities with is shirter span of a few years

Also worth mentioning is the importance which regional governments are attaching to tourism and hospitality. The industry is not only a source of revenue but also contributes to creating much needed jobs. Governments are thus keen to sponsor and subsidize the training and development of skilled personnel on whom the future of the industry depends. The issue becomes even more critical as the shortage of reputable training institutions becomes apparent.

The Opportunity

Opportunity

Globally speaking, there has never been a better time to invest in hospitality and tourism. Both sectors, individually and jointly, are poised for remarkable growth, and the Middle East is one of the regions which will witness a mushrooming demand for skilled hospitality professionals.

Regional governments are fast realizing the benefits of encouraging the development of the hospitality sector; increased foreign exchange and job creation are top priorities as Arab economies try to limit their dependence on oil and diversify their revenue sources while creating gainful employment opportunities for their citizens.

The time is thus ripe for investment in hospitality training, particularly in areas where there is a lack of reputable institutions. However, setting up a training institute is not a simple undertaking, especially when the investor has little or no experience in the field.

The extra time it will take to acquire knowledge and the risks of making costly mistakes can be greatly reduced by teaming up with a proven professional in the field. Not only will the investor have instant access to methods, materials and international affiliations, but he or she will also gain instant brand recognition as a reputed training institute – The Baisan Institute of Hospitality Management.

The Concept

Baisan Institute of Hospitality Management has always been committed to an organized, professional and streamlined approach to providing education. From day one the company has invested substantial time and resources in creating an education system which epitomizes the inherent quality and excellence of BIHM qualifications.

The BIHM Advisory Council, BIHM's ISO 9001-2000 certification and the success of the TIP concept are proof of its efforts. This dedication has contributed not only to its growth and reputation, but also to the financial stability of the Institute and the attractive return on investment which its shareholders have enjoyed.

BIHM's system of education has been developed and perfected to such a degree that it is now easy to transfer this knowledge and experience via a franchise program.

The Benefits

Opportunity

Globally speaking, there has never been a better time to invest in hospitality and tourism. Both sectors, individually and jointly, are poised for remarkable growth, and the Middle East is one of the regions which will witness a mushrooming demand for skilled hospitality professionals.

Regional governments are fast realizing the benefits of encouraging the development of the hospitality sector; increased foreign exchange and job creation are top priorities as Arab economies try to limit their dependence on oil and diversify their revenue sources while creating gainful employment opportunities for their citizens.

The time is thus ripe for investment in hospitality training, particularly in areas where there is a lack of reputable institutions. However, setting up a training institute is not a simple undertaking, especially when the investor has little or no experience in the field.

The extra time it will take to acquire knowledge and the risks of making costly mistakes can be greatly reduced by teaming up with a proven professional in the field. Not only will the investor have instant access to methods, materials and international affiliations, but he or she will also gain instant brand recognition as a reputed training institute – The Baisan Institute of Hospitality Management.