Tag: labor
Investing in Human Capital Is Essential for a Successful Hotel
In the hotel industry, investment can mean many things. Financial transactions like the purchase of a property or a brand-mandated PIP are typically top-of-mind,...
At NYU, Loews CEO Jonathan Tisch Urges Leaders to Strengthen Talent Pipeline
NEW YORK—Jonathan Tisch, chairman and CEO of Loews Hotels & Co., today urged travel and hospitality leaders to fill their talent pipelines to sustain...
Paving the Way: Workforce Issues Are a Top Priority for AHLA
Hospitality is a business centered around people taking care of people, including its own. From investing in innovative, proactive workforce development programs to its...
HSMAI Foundation Partners with Hiring Our Heroes To Address Hospitality Labor Shortages
After recently announcing a new $3 million capital campaign and renewed mission to serve as the hospitality industry’s unofficial employment brand, the Hospitality Sales...
U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose
BROOMFIELD, Colo.—Industrywide, U.S. hotel house profit reached a record-breaking $80 billion in 2018, even as labor costs grew at a higher rate than revenues,...