In my previous life (i.e. before my MBA) I was a hotelier....and the reason why this is happening in India is that salaries in the hotel industry have not been able to compete with the other industries that compete for its talent.
Very few of my friends and colleagues have stuck to the hotel industry. Most people did not want to get paid peanuts for skills which other industries hold in high esteem. Many ex-hoteliers have gone on to lead BPO and Call Centre organizations in India while traditionally in the hotel industry they would have reached the level in 5-10 years more !
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