Hello from LA Round-Up Readers,

Quick trip out west with my daughter, Marcy, to attend a Bat Mitzvah, then off to NYC for some  for insightful conversation and networking  at our first "Morning Shift" in NYC on October 11th at The Carlyle which is SOLD OUT!!!

If you were hoping to come and didn't buy a ticket, please email me and we can try to fit you in.  I am so excited to host our panel with Amber Asher, CEO of Standard International, Marlene Poynder, Managing Director, at The Carlyle, and Melissa Maher, Principal, Pinnacle Enterprises Group, and to meet so many herteliers IRL!

Let's get to the news...

Business, Women, and Random Trends:
 

• Americans Are Still Spending Like There’s No Tomorrow Concerts, trips and designer handbags are taking priority over saving for a home, rainy day or retirement, reports the WSJ. This bodes well for the travel industry, but does make me wonder about when it comes time for when an emergency or retirement comes.
   

• 2023 on Track to Become Hottest Year on Record, Says EU Climate Service Including this report from Reuters for context on climate change, especially as the recent traveler survey by Hilton did not mention sustainability as a top trend.
   

• Gwyneth Paltrow Looks Back at 15 Years of Goop and More: ‘Don’t Put Me on Truth Serum.’ The actress and entrepreneur knows she and her company are cultural lightning rods, we've written about her in hertelier! Yet, there is no denying she is a savvy businesswoman who deserves credit for spotting and igniting trends--good and bad--read more in the NYT.

   

•  You Gorged on Your European Vacation but Lost Weight. Why? Americans who eat their way through Europe sometimes come home surprised to see a lower number on the scale. If you can relate, read this from the WSJ. Spoiler: walking more and less processed foods!
   

Travel & Hospitality:

• Michelin Guide to Add Key Rating for Hotels Wow, the rating game is getting much more competitive! Hot on the heels of the new 50 Best Hotels, Michelin has announced it will be awarding "keys" to hotels starting in 2024. Michelin been working on the new distinction for four years, with the new iteration of the guide recommending more than 5,000 ‘remarkable hotels’ in 120 countries. According to a report from Agence France-Presse, Poullennec. hotels will pay a 10 to 15 percent commission to Michelin for bookings made through its website. Read more in the Washington Post.
   

• Meet the Entrepreneur Championing Young Women to Become Hotel Investors - ‘She Has a Deal’ Program Teaches Underwriting, Investment Steps and Connects Participants to Capital Great profile and update on new educational opportunities from Tracy Prigmore. Fantastic to see SHaD go from strength to strength!
   

• More Women Are Entering the Workforce, So How Will Companies Aid in Childcare? Nearly 78% of women ages 24 to 54 work and hotel companies meed to help, writes Dana Miller in Costar. She references what some of the big brads are doing and the importance of offering childcare as part of employee benefits.
   

• Is the Party Over? New Data Suggests Revenge Travel May be Ending Soon CNBC shares interview with Lindsey Roeschke, travel and hospitality analyst at Morning Consult.
   

• Labor trend to watch: Chicago One Step Closer To Ending Subminimum Wages For Tipped WorkersIf passed by City Council next month, Chicago would become the largest city to independently phase out subminimum wages for tipped workers.

On hertelier this week:

Big welcome to our new subscribers! The story in Forbes, How Women Are Changing The Hotel Industry, keeps bringing new readers! Super excited to have you here. 

• 'Rest & Relaxation' are Top Priorities for Travel in 2024 According to New Hilton Survey Hilton's third annual travel trends report is out, and they reveal the top four themes from a survey of 10,000 in nine countries.

   

• Guiding Lights: Julie Arrowsmith, President and CEO of G6 Hospitality From crunching numbers in the corporate world to leading G6 Hospitality as CEO, Julie Arrowsmith is shining a light for women to follow.

   

• Getting 100 Times Closer to Your Brand: Whitney Knight, Homewood Suites by Hilton Inspired by a podcast about Waffle House, Whitney Knight set out on a 100 hotel journey to better understand her brand and customer.
   

• Five Steps to Help You Confidently Negotiate Your Next Job Offer Career coach Kathy Hubler breaks down the five key steps to negotiating your next job offer.
   

• Navigating Differences: The Journey and Wisdom of Laura Lee Blake, President & CEO at AAHOA Laura Lee Blake shares the lessons she's learned along the path to running, AAHOA, the largest group of hotel owners in the USA.

Hey, don't forget: if you love reading the Round-Up, please forward this email to a friend or colleague! They can see past issues and sign up by clicking here.

Thank you for reading! Have a great week!

Em