Dear Round-Up Readers,

A week of ups and downs…so let's get the downs out of the way first:  the collapse of Silicon Valley Bank, the largest banking failure since 2008. ICYMI another bank, Silvergate, with crypto exposure from the blow-up of FTX, also had to shut down. CNBC estimates these two closures have wiped $70 Billion off of the crypto market in the last 48 hours.

This is all unraveling now and how it will impact the greater economy and hospitality is TBD. Sadly, I did see one western-based hotelier, Moniqua Lane, lament about having to scramble to cover payroll on LinkedIn because her processor used SVB. Let's hope the FDIC and US government can stabilize the situation and contain the fallout. See note in podcast section for more.

The ups? All the energy and big appreciation for women #IWD2023! The volume of photos shared on LinkedIn truly lift the spirit! Did your company or women's org do something cool? I am compiling a pictorial round-up story so send it to me!

In London, there were two fab events for women in hospitality on IWD, one organized by Boutique Hotelier and the other by Hilton F&B VP Emma Banks and Chef Sally Abe and her all-female team at The Pem in the Conrad Hilton. The following day, I moderated a panel with female leaders from Hyatt Hotels at an employee event with about 100 people, which was incredible!

Another BIG UP? Our two-year anniversary and the chance to reflect on lessons learned from the 350 + articles on hertelier, read about the top 7 leadership skills successful women share!

And, hertelier has been selected as a finalist for a TravMedia award!!! Out of a pool of 700 entries (across several categories, but still!) we are up for "Trade Publication of the Year"!!

Thank you to our Round-Up sponsor, Extended Stay America! Interested in becoming a sponsor? Email me.

Women were front and center in the news this week, so let's get to it!

 
Business, Women, and Random Trends: 

• So Long Mean Girls, 2023 Is the Year of the Hype Woman If you click just one article from this week, LET THIS BE IT! I loved this article in PureWOW so much about why we all need are "hype women" our girls that pump us up, inspired by the photo of Jamie Lee Curtis cheering for Michelle Yeoh at the Golden Globes. Who is your "hype woman?"
   

• Women are consistently overqualified for top management jobs but they’re still getting shut out and it’s contributing to a $7 trillion problem Fortune reports on a new study that reveals some of the issues holding women back. In summary: women struggle to identify as leaders because they lack role models in their industry. Other barriers include the burden of family responsibilities, unequal access to relevant professional networks, and women being held to higher standards than men in the workplace.
   

• 🎶 All the Single Ladies 🎶 A record 52 % of women in the United States are unmarried, an increase of 20% in the last decade reports the WaPo. As single women are more likely to work than married women, this means they are having an increased impact on the economy. But a stubborn wage gap means they have less spending power and wealth––never-married women have 29% less wealth than their male counterparts while earning 92% of income comparatively.

   

• Gyms, pets, travel and takeout: How the pandemic has shifted daily life Some of the lifestyle changes triggered by the pandemic were temporary; others may have more staying power. Really interesting data-backed summary of how our lives have changed from the WaPo.

Travel & Hospitality news:

• 8 women influencing luxury travel tell us what’s hot for 2023! I wrote this story for The Points Guy!! You definitely need to check out what Tina Edmundson–Marriott, Crystal Vinisse Thomas–Hyatt, Jane Mackie–IHG, Shannon Knapp–Leading Hotels, Lindsey Ueberroth–Preferred, Elizabeth Harlow–Sonesta, Hilary Philpott–Kempinski and Laura Schofield–Hilton have to say!
   

• Bars, Hotels, and Restaurants Become the Economy’s Fastest-Growing Employers Hospitality companies revive their hiring after pandemic cuts, offsetting slower growth in tech jobs, see data and charts in the WSJ.
   

• These 15 Women Are Changing The Way We Travel From creating resources for deaf travelers to starting surf collectives for people of color, Afar rounds up women are challenging—and shaping—the ways we move through the world.
   

• Celebrating the Women of Hospitality Design Sleeper highlights women they have interviewed over the last year.
   

• Fast Company names the "10 most Innovative Travel and Hospitality Companies of 2023" No hotel brands on here, but Fast Company reveals why Airbnb, Capital One, Outdoorsy, Atlas Obscura, and Discover Puerto Rico are some of the most exciting travel companies of the year.
   

• Holograms at the Front Desk Replace Real People at Aiden by Best Western OK, this feels excessive to me. What do you think? Read more in Skift ... and see the spoof below!
   

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. 
 

• Designing a Career in Luxury Interiors: Ros Keet, David Collins Studio. How do you craft a career in interior design for luxury hotels? We chat with Ros Keet, Design Director at the award-winning David Collins Studio.
   

• Over 350 Interviews Reveal the Top 7 Leadership Skills Women Share

  After two years and over 350 interviews with women in hospitality, we serve up the seven recurring successful leadership skills.
   

• Key Takeaways from Inspiring Events Celebrating International Women's Day in London Two very cool celebrations for women in hospitality in London for International Women's Day, we share the scoop!
   

• Three Fun Promos Supporting Women's Charities to Celebrate Women's History Month Cheers to women! Three fun F&B promos that celebrate women and charities that support them.
   

• Unleashing Her Potential in the Middle East: Judith Cartwright, Black Coral Consulting After working around the world, Judith's career has flourished in Dubai. She shares why the Middle East holds vast opportunities for women looking to fast-track their careers.

Listen UP! TV shows & Podcasts to Download NOW

Pivot Podcast on Silicon Valley Bank Downfall: Curious to learn more? Tech reporter Kara Swisher and NYU Professor Scott Galloway are joined by the NYT reporter William D. Cohan to dissect, explain and predict what will happen next with the bank, its customers, management, and shareholders. Listen here.

Worried about How AI is Going to Impact the Hotel Biz? Watch this hilarious spoof by UK's Ant & Dec.

Chris Rock on Netflix: Not only can this guy take a hit on global TV, he had the discipline not to speak about it until someone paid him. His observations on life today were amusing and sometimes sad, but overall I LOLed a lot. One of my favorite lines: "People who say words hurt have never been punched in the face."

Mark your calendar! She Has a Deal pitch competition is back! The two-day pitch event with education and networking sessions is April 27-28, the awards luncheon is on April 28th, you can buy tickets here.

If you love reading the Round-Up, please forward this email to a friend or colleague! They can see all the past issues and sign up by clicking here.

Thank you for reading! Have a great week!

Em