I would rather advice you to apply for job in small restaurant and sharpen your skills for a time beings. Being Opening a restaurant or food truck after just finishing studies would be a rough choice.
You can upgrade your skills by taking short courses which wont even cost must.
Career after hotel management is very wide.
You can work for any hotel or restaurant in your interest field or area. You can also join the aviation crew or cabin crew.
If you have interest in event management, that is also a choice. Or if you have keen interest in teaching then after gaining experience in hotel industry you can apply for professor in top colleges in India.
Also the further masters degree would be beneficial only after considerable experience in hotel industry, because then you have sharpened your skills and gained much experience, after that sometimes a masers is usually not required.
Thank you, hope this helped you in a way.