Dear Round-Up Readers, The theme this week is CELEBRATION. First, Happy Lunar New Year! Second, thank you for all the LOVE for our Predictions for Women in the Hotel Industry for 2023 on LinkedIn. Small favor to ask: if you've not liked or shared the predictions on LinkedIn, please like and REPOST! Your reposting is meaningful to how the LinkedIn algorithm treats hertelier content. Please click here, and then click repost. Thank you so much! And finally, so excited for all the "herteliers" planning to be at the ALIS Conference this week! Castell Project & AHLA ForWard are hosting a reception celebrating women leading hospitality on Tuesday, January 24 at 6 pm at the JW Marriott, you can RSVP here. Please email us your pics and any thoughts on the conference, we will be doing a highlights post!! Lots of news to share this week, let's get right to it!
Business, Women, and Random Trends: Frozen eggs and 16 weeks parental leave: How companies at Davos are adjusting for a gender-balanced workplace For many junior and mid-career employees, the reality of gender roles at work and at home is rapidly changing. Interesting article in Fortune reveals that while Davos is still about 90% men, women are making inroads. He interviewed Trip.com CEO Jane Sun about the policies she has instituted to support female leaders.
What a Recession Could Mean for Women Author Julia Boorstin makes a case for why women are well-equipped to lead in a downturn.
Gen Z is driving luxury sales as wealthy shoppers get younger Generation Y, also known as millennials, and Generation Z accounted for all of the luxury market’s growth last year, according to a report from Bain & Co. Spending by Gen Z and the even younger Generation Alpha, or those under 13, is expected to make up a third of the luxury market through 2030. Social media has played a big part in influencing younger generations, creating demand for luxury goods.
Quiet hiring and the endless quest to coin terms about work If you read Round-Up on the regular, you know I'm obsessed with biz jargon! According to Vox, "We don’t just glom on to terms because they’re catchy. We keep using them because they describe something real that’s happening, and they help us make sense of the rapidly changing world." Absolutely loved this essay about the history of business terms and why some stick and others don't.
From CNBC: I asked 300,000 people to share the tiny habits that changed their lives the most—here are the top 4 answers 1) saying no; 2) practicing gratitude; 3) somatic exercise; 4) cutting toxic habits. Maybe these seem obvs to you, if not read more.
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Travel & Hospitality news:
Brand news this week: Starting 2023 with a bang, women are instrumental in launching new hotel brands and partnerships!
Ace Hotels was acquired by Sortis Holdings, the acquisition was led by Kelly Sawdon, a partner at Sortis who worked at Ace Hotels for many years.
Hilton added Spark, with Alissa Klees as the brand lead. Spark is the first economy brand for the company, with 100 under development so far. Our interview with Alissa is coming soon!
Accor added the Handwritten Collection, a mid-scale soft brand. They have added 12 already, Caroline Bernard, SVP, Economy & Midscale Hotels, Accor, was integral in the creation of this new soft brand for independent hotels.
Why Travel Brands Should Ditch the Pre-Pandemic Playbook in 2023 Consumers’ travel behaviors this year will look much more similar to 2022 than to any pre-pandemic year, according to Morning Consult's travel & hospitality analyst Lindsey Roeschke. She suggests we are in a new normal and never going back to 2019.
Fine Dining––more backlash on the Noma closure news: we covered in last week's Round-Up that the Michelin-star restaurant was built on the backs of unpaid laborers. More discussion on why this model is wrong, unsustainable and how fine dining is reinventing itself with different hours, more immersive service, and homing 'ghost kitchens.'
Hotel amenities can have marketing value Loved this post from Redpoint Marketing on amenities that turn hotel guests into social media ambassadors with examples ranging from pink toilet paper to a podcast booth.
World's 'most powerful' tourism city revealed. Spoiler: it's Paris according to CNN based on a new report from the WTTC.
Ecolab CMO: Stay Focused on the Future Gail Peterson, Ecolab CMO and executive vice president, shares her thoughts on marketing with the WSJ, "it’s important to adapt quickly and seek to understand others’ motivations," and bring your whole self to work.
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Listen UP! Podcasts to download now... Diary of a CEO with Tali Sharot Leading neuroscientist Tali Sharot shares the secrets of the "Optimism Bias" the belief that the future will be better, much better, than what has come before or even your current situation. This trick of the brain can impact how you remember the past and how you predict and plan for the future. This is a really great listen (long though 1 hr 38 minutes) and covers topics from motivating people to manifesting, with the science behind it.
Leadership HELP for you!! Do you have a (work) challenge you need to address? hertelier contributor and certified leadership coach, Rachel Vandenberg has created The Travel Leader Community, a new monthly gathering of leaders in hospitality, travel, and tourism. hertelier readers receive their first session free, REGISTER HERE! The first group is Wednesday, January 25th, at 12 pm EST. There is an 8-person limit per session. Future sessions are $45 each, after the free trial. 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 |
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