I've been in the hotel/restaurant business for the entirety of my career. Recently I've been considering applying to an MBA program in Australia as I've been working in Sydney the past three years. I have a BBA from a Swiss Hotel School and find it rare that anyone in the hotel industry has had a MBA background. And I am unsure of the benefits of a MBA in my industry.

Although I am open to an industry change in the future.

[Edited by Eric Lo on Dec 27, 2017]

Yes, there are very few top MBAs for hospitality that create a major wage premium, like Cornell. Margins and conditions are often very poor in hospitality. Look at the roles that, for example, Cornell, Essex and Bocconi people in hotels are in.

It might be worth considering doing a more 'general' MBA from a strong school, rather than focusing on the industry you're already working in. You already have experience in the industry, and I don't know if doing a specialized program would actually benefit you, even if you plan on staying in hospitality.

Something broader from a decent school would probably be a better bet, and would give you more options in the future.