BIG WEEK Round-Up Readers! BREAKING NEWS from Friday, Hyatt to acquire booking platform Mr & Mrs Smith. We got a bit of an exclusive with co-founder and CEO Tamara Lohan….congrats on the sale for £53 million! We love celebrating the success of female founders! She Has a Deal (SHaD) pitch competition was huge, with the most attendees ever in person and through the live stream! BIG CONGRATS to the winners Chandler Williamson (Early Careerist) and Portia Hood (Today’s Woman). Fascinating discussions with Marriott's Chairman David Marriott, CEO Tony Capuano, CFO Leeny Oberg, Global Development Officer, Noah Silverman, and IHG's Americas CEO Elie Maalouf, to name a few! Well done to founder, Tracy Prigmore on creating this inspiring platform to get more women into hotel ownership. Hertelier is a proud partner and we will share more details and interviews with the winners this week! In conjunction with SHaD, Marriott also announced the first 19 development projects as part of the company's Bridging the Gap fund. We shine a spotlight on Lesbian Visibility Week, showcasing two LBGTQ+ leaders in hospitality, Daria Duraj of Hyatt and Globetrender's Jenny Southan. New AWARD ALERT: Apply now! Inaugural International Women in Travel & Tourism Forum Awards to Celebrate DEI in Travel! Click to find out how to nominate women and apply! NEARLY SOLD OUT! Our first "Morning Shift" event in London on May 12th––click here if you want to attend! In partnership with the Four Seasons Ten Trinity Square, we are hosting an interactive networking breakfast + workshop led by expert Dr. Raina Brands, who has devoted her career to studying women in the workplace. Dr. Brands will share the science behind informal networks, and explain how to use them to your advantage! Now, on to the news! |
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Business, Women, and Random Trends: Women CEOs (Finally) Outnumber Those Named John According to Bloomberg, in what’s admittedly a minor victory, the record 41 women now running S&P 500 companies no longer need to measure themselves against John, or, for that matter, any Tom, Dick or Harry. No single male name matches the number of women...(sigh) What Young Workers Miss Without the ‘Power of Proximity’ One of the first major studies on remote work shows a hidden penalty of flexibility: less supervision and chance for mentoring. Read more in the New York Times (Paywall). On a similar topic, NYT's legendary columnist Maureen Dowd reflects on learning in the newsroom early in her career and how that has pretty much disappeared with WFH (paywall). Perhaps this is why CEOs from JPMorgan and Lyft are calling back the troops. AI: what you need to know this week If you read one article about AI, let this be it–– "I Cloned Myself With AI. She Fooled My Bank and My Family," by WSJ reporter Joanna Stern. The results were scary! (Paywall) On the bright side, AI might lessen housework by helping with grocery lists and meal planning., according to The Atlantic (paywall). The Secret to Happiness? America’s happiest people have a few traits in common: They value community and close personal relationships, many of them believe in God and they are generally older. They also tend to be women, according to the WSJ (paywall). "Girl Dads" are trending! Fathers are embracing makeup, manicures, and dress-up, reflecting an evolved approach to parenting that eschews masculine gender stereotypes, says the WSJ (paywall). Easy Ways to Make Learning a Daily Habit Love this advice from psychologist Erin Shrimpton on LinkedIn about the importance of investing in yourself and simple ways to sneak learning into your daily routine. Must read! Want to Be More Productive? Science Says Your To-Do List Could Be Missing 1 Crucial Element If you love the idea of a to-do list, but your to-do list doesn't love you back, Inc. says adding your "why" is the simple fix. Buy Women Built Love this new UK initiative, that helps women-owned businesses with an official mark and retail promotions. A harrowing study of 46,000 women shows hair dyes are heavily associated with cancer This report in Fast Company shocked me, another reason to go grey? Read Nancy's column on #keepthegrey.
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Travel & Hospitality news: US First-Quarter Results Likely To Be the High Point of 2023 for Hotel Companies U.S. hotel industry revenue per available room in the first quarter was 16.7% higher than it was in the same quarter of 2022, says CoStar. Revenue is higher thanks to luxury travelers and the return of business travel, but not expected to be sustainable thanks to rate hikes and possible recession. New reports say business travel isn’t going back to normal — ever Tighter corporate budgets and new ways of virtual working have permanently changed business travel, according to Morning Consult's new report, titled “Business, but Not as Usual.” The report says the demographics are changing too — business travelers are now younger and more likely to fly in economy class, with about half earning less than $50,000 a year. Read more on CNBC. Hilton's Q1 Earnings call was very sparky! One reason for the positivity, Hilton has already signed more than 300 Spark hotels, we profiled the woman running the brand, Alissa Klees. Based on the success of Spark, Hilton hinted at a new extended-stay brand. Fixing the gender imbalance in hospitality leadership Great interview with Naureen Ahmed of Inspiring Women in Hospitality about issues facing women in our industry and her new peer-to-peer mentoring program! Read more in Hospitality Daily, a terrific new newsletter and podcast by Josiah Mackenzie. Treehouses Take Hospitality to New Heights Traditional hotels and alternative accommodation companies see treehouses as a differentiator, says CoStar. We're UP for this trend!! Goodbye to the Bread Basket. Hello to the Bread Course. Chasing a pandemic-era interest in lovingly made loaves, restaurants are charging a premium for bread that’s anything but filler, reports the NYT (Paywall).
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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. A Day in the Life: Daria Duraj, F&B Manager, Andaz London Liverpool Street, a Concept by Hyatt Daria turned a part-time waitressing gig into a thriving career in F&B. She shares her path and how Hyatt supports LBGTQ + team members. Well aged? What You Need to Know About Longevity What is longevity? Wellness expert Celine Vadam reveals facts that may surprise you and shares what you need to know. This article pairs well with a recent LinkedIn post from EHL, Wellness and Wellbeing for a Thriving Life. Meet the Woman Predicting the Future of Travel: Jenny Southan, Founder & CEO, Globetrender Wondering what is next? Meet the woman predicting the future of travel, Jenny Southan, Founder & CEO, Gloebtrender. Tone-Deaf CEOs: When Corporate Leaders Fail to Read the Room Recently there’s been a spate of CEOs getting called out for being tone-deaf toward their employees. Columnist Nancy Mendelson unpacks. ¿Qué pasa? Less than 10% of Hotel owners are Hispanic-Latino, According to a New Report Despite starting more than 1 in 4 new businesses in the US, Hispanics own less than 10% of hotels. We get the scoop from Lynette Montoya. Bringing the Heat: Yulissa Acosta, Chef de Cuisine, Mountain Shadows Resort Yulissa shares her journey from culinary student to Chef de Cuisine at Hearth '61 in Scottsdale's Mountain Shadow Resort.
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