Skip to content

Search

Latest Stories

Castell Project report finds more women in leadership positions

‘Pendulum is starting to swing in proper direction’ for U.S. hospitality industry, organization said

WOMEN ARE MAKING progress in the U.S. hospitality industry, according to the Castell Project’s third annual Women in Hospitality Industry Leadership report.  More women are in leadership roles and making presentations at hotel investment conferences, according to the Project, a not-for-profit that promotes women in the industry.

Women held 8 percent of hospitality industry leadership positions in 2019, according to the report, including managing director, president, partner, principal and CEO. Seven women were promoted to CEO in 2018 and 2019, according to data from the STR Directory of Hotel & Lodging Companies, a 20 percent increase in the number of female CEOs in the dataset.


Last year’s report found a shortage of women in upper management and CEO positions.

“Even though a great deal of distance still needs to be covered to reach true gender parity, we were delighted to find the pendulum starting to swing in the proper direction,” said Peggy Berg, president of Castell Project, Inc.  “We are seeing an acceleration of women in leadership roles across the political, civic and business spectrum.  This is supported by the pipeline of graduates coming out of colleges and universities, by the strong and deep bench of female talent currently at work in numerous industries, including hospitality, by the opportunities created as baby boomers retire, by the share of wealth now controlled by women and by widespread interest among both men and women in realizing the benefits of this cultural shift.”

Other findings from the report include:

  • One in four presenters at hotel investment conferences in 2019 was a woman, up from one in eight in 2016.
  • Accounting, human resources, legal, marketing and revenue management continued to see the most representation of women in leadership roles. Improvement was seen in operations and asset management representation at the vice president level with improvement expected at the executive vice president and senior vice president levels. Information technology and investment-related fields still are skewed toward men.
  • Women comprise 21 percent of investment conference attendees, nearly flat for the past four years. Brokerage, finance and construction continue to have few women at the vice president and director levels.

“It is heartening to have the statistical information that demonstrates companies are beginning to take notice that gender diversity is good for the bottom line,” Berg said.  “However, the Castell Project is nowhere near its goal of seeing women in more than one of three C-suite positions in every major hospitality organization. Research continues to prove that companies with greater gender diversity are more profitable and often can approach new issues and opportunities with a fresher perspective made up of many differing voices.”

In January, the Castell Project began accepting nominations for its 2020 Castell Leadership Programs, which have been expanded to differentiate between participants based on their experience in the industry.

More for you

Trump H1B visa fee India
Photo by Andrew Harnik/Getty Images

Trump’s $100K H-1B fee sparks panic in India

Summary:

  • Announcement of $100,000 H-1B visa fee triggers panic among Indian professionals.
  • The fee applies only to new petitions.
  • IT companies are reportedly reviewing staffing and travel.

THE TRUMP ADMINISTRATION’S announcement of a $100,000 fee for new H-1B visa petitions, effective Sept. 21, reportedly triggered panic among Indian H-1B holders. Many rushed to book last-minute flights, resulting in fully booked planes and higher fares.

Keep ReadingShow less
H-2B visa hospitality impact

Study: H-2B visas boost U.S. jobs and wages

Summary:

  • The H-2B visa program protects U.S. jobs and wages, according to AHLA citing a study.
  • It allows hotels and resorts to meet travelers’ needs while supporting the economy.
  • It provides foreign workers for seasonal jobs when domestic workers are unavailable.

THE H-2B VISA program does not harm U.S. jobs or wages but increases pay and supports the labor force, according to an Edgeworth Economics study. Citing that study, the American Hotel & Lodging Association said the program enables hotels and resorts to meet travelers’ needs while supporting the workforce and economy.

Keep ReadingShow less
AI digital assistant redefining guest loyalty in U.S. hospitality industry

Study: AI agents redefine hotel loyalty

Summary:

  • The use of AI agents hotels must rethink customer loyalty, a FAU study finds.
  • The paper proposes strategies as AI becomes the main booking channel.
  • Researchers warn of ethical and privacy issues.

HOTELS MUST RETHINK how they build and maintain loyalty as artificial intelligence systems make travel decisions and bookings for consumers, according to a study by Florida Atlantic University. The rise of artificial intelligence agents will complicate hotel customer loyalty management.

Keep ReadingShow less
HAMA Fall 2025 survey results

Survey: Hotels expect Q4 RevPAR gain

Summary:

  • More than 70 percent expect a RevPAR increase in Q4, according to HAMA survey.
  • Demand is the top concern, cited by 77.8 percent, up from 65 percent in spring.
  • Only 37 percent expect a U.S. recession in 2025, down from 49 percent earlier in the year.

MORE THAN 70 PERCENT of respondents to a Hospitality Asset Managers Association survey expect a 1 to 3 percent RevPAR increase in the fourth quarter. Demand is the top concern, cited by 77.8 percent of respondents, up from 65 percent in the spring survey.

Keep ReadingShow less
Peachtree Group DST Mansfield Texas

Peachtree adds Mansfield, TX, industrial asset to DST

Summary:

  • Peachtree launched new DST with 131,040‑square foot industrial facility in Mansfield, Texas.
  • The property was acquired at $180 per square foot.
  • Peachtree completed $320M in debt-free transactions across multiple markets since 2022.

PEACHTREE GROUP LAUNCHED its latest Delaware Statutory Trust with the acquisition of a newly built 131,040-square-foot industrial facility in Mansfield, Texas. The company has completed about $320 million in debt-free transactions since launching its DST program in 2022, according to its statement.

Keep ReadingShow less