In 1995, University President Dr. Arlyn S. Villanueva, then Dean of the College of Business and Accountancy, applied for a new program, Hotel and Restaurant Management (HRM), as the University's response to what she correctly predicted as the next big demand of the market. The Department opened in School Year 1996-1997 with a modest enrollment of 187 students. The course was tentatively put under the charge of the Department of Management and Economics, then chaired by Mr. Elmer A. Palacio. In S.Y. 1998-1999, the newly opened Saint Therese of Lisieux (STL) Hall housed the Department's kitchen laboratory (considered one of the largest in the country) and hotel rooms, among other facilities. The following year, the HRM course was separated from the Department of Management and Economics, with Ms. Rhodora Austria serving as the first full-time chairperson of the HRM Department and Ms. Cecille Romero as the Practicum Coordinator.

Thus, the College of Business and Accountancy then housed four departments, namely, Department of Accountancy, Department of Business Management, Department of Hospitality Management, and Department of Office Administration.

For S.Y. 2004-2005, Ms. Maria Rita Josefina V. Chua took over the position of Chairperson. Ms. Chua, with Ms. Austria as Practicum Coordinator, supervised all preparations for the Preliminary Visit of the Philippine Accrediting Association of Schools, Colleges and Universities (PAASCU) - a milestone in the history of the College.

In April, 2005, Ms. Gertrude P. Tuazon was assigned as the Department Chairperson. It was during her watch that PAASCU conducted its Formal Survey of the Department.

In response to a need for a more culinary-inclined curriculum, the Department came up with the Bachelor of Science in Business Administration major in Culinary Arts which initially started with a population of 12 students in School Year 2006-2007. Ms. Tuazon undertook curriculum enrichment by implementing the Executive Order 356, in which a new ladderized curriculum contained embedded competency courses under the Technical Education and Skills Development Authority (TESDA).

On April 4, 2008, mainly through the efforts of University President Dr. Arlyn S. Villanueva, the Hotel and Restaurant Management and Tourism programs were among the Business programs in the College of Business and Accountancy and Graduate School of Business that were granted International Accreditation by the International Assembly for Collegiate Business Education (IACBE). Before her term of office ended, Ms. Tuazon applied the program for Center of Development/Excellence status.

Her successor, Ms. Chrysanta S. Rodriguez served for only a year but her accomplishments include the full implementation of the Ladderized Program, with students taking the requisite institutional testing. Reapplication for the Center of Development/Excellence status was also undertaken during her term. The Department also became of the biggest departments in the University with a student population of 1,926 in S.Y. 2008-2009.

In June, 2009, the University President announced the formal separation of the College of Hospitality Management from the College of Business and Accountancy under the helm of the founding Dean, Gertrude P. Tuazon, with Mr. Tyron W. Yap as 1st, 2nd, and 3rd Year Coordinator and Ms. Heide H. Perez as 4th Year Coordinator (including Practicum). At present, there are 2,287 students taking up Hotel and Restaurant Management, Tourism Management and Culinary Arts Management, making it the second biggest College in the University, next to its matrix, the College of Business and Accountancy.

The College of Hospitality Management offers three (3) four-year courses, namely Bachelor of Science in Hotel and Restaurant Management, Bachelor of Science in Culinary Arts Management, and Bachelor of Science in Tourism Management. The three (3) courses have embedded Technical Education and Skills Development Authority (TESDA) competency skills such that students earn certificates while pursuing their four- year courses.

The College has established a legacy of excellence and this shall continue even as it formulates new mission and vision statements. On May 7, 2009, the College, operating on international standards in instruction, research and community service, was named the Center of Development in Hotel and Restaurant Management Program - the first school in the Philippines granted the recognition.