Dear Round-Up Readers, If you're struggling to digest the news lately, I feel the same way. It's been a tough week. Of course, nowhere near as tough as actually being in the Middle East. Hate crimes are on the rise everywhere, and regular readers might know that I have a daughter at Cornell, which had some scary incidents of antisemitism this week. It's a worrying time, which is why I'm sharing two stories about how to cope with news about the Israeli-Hamas conflict:
How to Stay Sane in Brutalizing Times This is a powerful read from David Brooks in the New York Times. He offers some ideas for how to stay mentally healthy and how to prevent yourself from becoming "embittered, hate-filled, calloused over, suspicious and desensitized." He draws on ancient wisdom of the Greeks.
For a mental break, I've added a few lighter stories this week. Make sure to see the download suggestions at the end! Have a favor to ask you, herteliers. We are working on our 2024 sponsorship deck, so if you love us and are happy to be quoted, please click here and let me know what hertelier means to you. Thank you! Finally, in case any of you are in London for conferences this week, I'd love to meet up! I'll be heading to Thinkers50 today and World Travel Market (WTM) on Monday and Tuesday. Now, on to the rest of the news.... |
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Business, Women, and Random Trends:
Top Companies for Women in the WORLD Forbes teamed up with market research firm Statista and ranked the "World’s Top Companies For Women 2023." They surveyed approximately 70,000 women working for multinational corporations across 37 countries. Participants were asked to rate the corporation on workplace practices and gender-specific issues including gender pay equity, management of employee discrimination cases, and whether men and women have the same opportunities for advancement. Marriott is ranked #5! Other hotel companies on the list: Accor (#40); Hilton (#87); IHG (#369); Hyatt (#373); Choice (#395). Expedia (#160) and Booking.com (#205) also made the list.
Women More Likely to Negotiate Salaries But Still Earn Less Than Men, Research Says Have you heard that the gender pay gap can be explained by women's reluctance to negotiate? Not true, according to new research. In fact, women were more likely than men to ask for more compensation but still earn less(!). Forbes gender expert, Kim Elsesser concludes, "The notion that women shy away from negotiations not only oversimplifies the pay gap but also assigns undue blame on women. The impression that women could earn the same as men simply by negotiating more frequently lulls us into complacency with the status quo. As a result, we become less likely to seek out the true underlying causes of the pay gap." {Sigh} New Research Blasts Outdated Myths That Women Lack Ambition At Work Forbes takes a look at the McKinsey's 2023 Women in the Workplace Report––a high-level finding was that women continue to be just as ambitious as men at every level of the career pipeline. It reports that 96% of women say their career is important to them and 81% are interested in being promoted to the next level.
International Barometer for Female Entrepreneurs by Veuve Clicquot After a boom in female entrepreneurship in 2021, the third and latest survey of 49,000 women and men from 25 countries by Veuve Clicquot shows a loss of momentum in, and even a decline in some countries. Interesting findings on reasons for the slowdown.
So, You Want to Get Noticed at Work? Somehow I missed this useful read in Harvard Business Review "Ascend" for new managers. Love the practical advice, most of which was echoed in our NYC event on October 11th by our expert panel of Amber Asher, CEO of Standard Hotels, Marlene Poynder, MD of The Carlyle and Melissa Maher, Principal at Pinnacle Enterprises group. (See new photos of the event below!)
For Working Couples With Kids, Here’s How Much More Free Time Husbands Have Than Their Wives No surprise, the leisure gap is widest for couples with young children. Men with children under the age of five had at least 4.5 hours more leisure time than women. Read more in Fast Company.
Worldwide, Women Cook Twice As Much As Men Except in One Country Can you guess? I didn't get it right, but it makes sense! Let me know if you guessed correctly!
Don’t Underestimate the Power of a Compliment We can all use a bit of uplift these days, if you think something nice, say it! The New York Times offers great tips –– for a stranger, be brief, sincere and positive. For a friend or loved one, be specific. Go on, make someone's day!
Heidi Klum Dressed as a Peacock this year and proves that she is the Queen of Halloween
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Travel & Hospitality: 2024 Travel Predictions! Tis' the season! See our coverage of predictions by Skyscanner and Hilton, and more from Booking.com and Chase Travel Group. Common themes: experience/cultural travel, family/multi-gen travel, sleep/health trips, foodie getaways, and a new(ish) one––mystery travel! Read Stephanie Ricca's column in Hotel News Now for her expert POV on trends in Costar.
Hotel Brands Q3 Earnings Calls Marriott reported growth across all price points despite geopolitical tension. The company is starting to see "cancellations and softer demand for our five hotels in Israel as well as for the 27 hotels in Lebanon, Jordan and Egypt," noted Leeny Oberg, Marriott's chief financial officer. Hyatt reported strong financial results for its third quarter of 2023, driven by record fees and robust growth in its Apple Leisure Group business segment.
Cool infographic: Choice, Wyndham Hotel Counts and Pipelines Compared to Other Brands Costar shows how the big brands would stack up if Choice and Wyndham merged.
We’ve Used Showers for Centuries. Why Can’t Hotels Make Them Easier? When it comes to showers, seems hotels need to clean up their act! Wall Street Journal has a rant. Be sure click the link to the SNL opening monologue with comic Nate Bargatze joking about hotel showers. Do you have opinions on showers? Email me!
Meeting trend: Revolt Against Weekend Conferences! According to a report in Nature, a leading science journal, parents are pushing for employers to respect family time and keep meetings strictly to working hours. Some research organizations are also offering free childcare to make conferences more inclusive.
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