Dealing with the Talent Disruption in the Hospitality Industry
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<strong>Deal<strong>in</strong>g</strong> <strong>with</strong> <strong>the</strong> <strong>Talent</strong> <strong>Disruption</strong><br />
<strong>in</strong> <strong>the</strong> <strong>Hospitality</strong> <strong>Industry</strong><br />
Perception and Analysis of Lead<strong>in</strong>g M<strong>in</strong>ds<br />
<strong>in</strong> <strong>the</strong> Bus<strong>in</strong>ess
CONTENTS<br />
Introduction 02<br />
It’s all about <strong>the</strong> people - Why <strong>Talent</strong> matters 04<br />
What do <strong>the</strong> CEO’s believe really matter to Generation next 06<br />
Proactive solutions from <strong>the</strong> CEO’s desk 12<br />
About Bridge.Over Group and World Tourism Forum Lucerne 21
02<br />
Introduction<br />
The impact of talent and skills is profound <strong>in</strong> <strong>the</strong> hospitality <strong>in</strong>dustry – a sector which is much more about <strong>the</strong> customer and service than<br />
<strong>the</strong> build<strong>in</strong>gs and real estate it operates <strong>with</strong>. The <strong>in</strong>dustry and companies <strong>with</strong><strong>in</strong> it will f<strong>in</strong>d <strong>the</strong>mselves significantly disrupted unless <strong>the</strong>y<br />
can recruit, reta<strong>in</strong>, nurture, develop and evolve <strong>the</strong>ir talent consistently. It is clear that like every o<strong>the</strong>r <strong>in</strong>dustry, hospitality <strong>in</strong>dustry and<br />
every company <strong>with</strong><strong>in</strong> <strong>the</strong> hospitality <strong>in</strong>dustry is impacted by <strong>the</strong> effects of a rapidly chang<strong>in</strong>g world. Whe<strong>the</strong>r it’s demographic change<br />
<strong>in</strong> customers and employees, global expansion plans, talent scarcity or technological breakthroughs – it has become more and more<br />
challeng<strong>in</strong>g for companies and bus<strong>in</strong>esses.<br />
Ahead of <strong>the</strong> World Tourism Forum Lucerne’s summit which will be held on 23- 24 April, 2015 <strong>in</strong> Lucerne, Switzerland, and as part of<br />
<strong>the</strong> core agenda of a focus on talent this year, we surveyed 50 Hotel CEOs and top management across <strong>the</strong> globe, to get an <strong>in</strong>sight <strong>in</strong>to<br />
<strong>the</strong> talent challenge that companies are fac<strong>in</strong>g all over <strong>the</strong> world <strong>in</strong> our <strong>in</strong>dustry. The <strong>the</strong>me of this year’s survey was how to manage and<br />
develop talent <strong>in</strong> a rapidly chang<strong>in</strong>g world - whe<strong>the</strong>r it’s about a new work force that has up to 70% millennials or generation Y and how<br />
<strong>the</strong> priorities, ambition and expectation of this workforce about a career <strong>in</strong> hospitality is different and needs to be addressed accord<strong>in</strong>gly<br />
to stay relevant.<br />
The follow<strong>in</strong>g CEO’s, COO’s or Presidents are some of <strong>the</strong> names <strong>in</strong>terviewed for <strong>the</strong> research. Where sought those respondents that<br />
preferred to have <strong>the</strong>ir identity and/or responses be kept anonymous have been duly respected.
03<br />
Frederic Flageat-Simon CEO Alila Hotels and Resorts<br />
Mossadeck Bally CEO Azlai Hotel Group<br />
Abid Butt CEO Banyan Tree Hotels & Resorts<br />
Raul Gonzalez CEO Barcelo Hotels & Resorts<br />
Christopher Cowdray CEO Dorchester Collection<br />
Roar Ingdal CEO First Hotels<br />
Laura Tarkka CEO Glo Hotels<br />
Aarne Hallama CEO Glo Hotels<br />
Yaron Ashkenazi CEO Grand City Hotels<br />
Mart<strong>in</strong> R<strong>in</strong>ck President APAC Hilton Worldwide<br />
Peter Fulton Group President EMEA/SW Asia Hyatt Hotels<br />
Kirk K<strong>in</strong>sell President Americas Intercont<strong>in</strong>ental Hotels Group<br />
Hiran Cooray Chairman Jetw<strong>in</strong>gs Hotel Group<br />
Gerald Lawless President & Group CEO Jumeirah Group<br />
Hamad Al Mulla CEO and Member of <strong>the</strong> Board Katara <strong>Hospitality</strong><br />
Alejandro Bernabe CEO Kemp<strong>in</strong>ski Hotels<br />
Vivek Nair Chairman & MD Leela Group<br />
Valeriano Antonioli CEO Lungarno Collection<br />
Stephen J. Alden CEO Maybourne Hotel Group<br />
Tim Busch Founder & CEO Meritage Collection<br />
Dilip Rajakarier CEO M<strong>in</strong>or Hotel Group<br />
MPS Puri CEO Nira Hotels<br />
Dr. Timo Grünert CFO Oetker Collection<br />
Peter Strebel SVP Omni Hotels & Resorts<br />
Filip Boyen COO Belmond (Prev Orient Express)<br />
Bernold O. Schroeder CEO Pan Pacific Hotels Group<br />
Wolfgang M. Neumann CEO Rezidor Group<br />
Symon Bridle COO Rosewood Hotel Group<br />
Guy Hutch<strong>in</strong>son COO Rotana Hotels<br />
Norman Arundel Group GM Rydges Hotels<br />
Frank Fiskers President & CEO Scandic Hotels<br />
Greg Dogan CEO Shangri-La Hotels & Resorts<br />
Simon Coombs CEO Shaza Hotels<br />
Sergio Rivera President Americas Starwood Hotels & Resorts<br />
Lothar Pehl SVP & Head of Global Initiatives Starwood Hotels & Resorts<br />
Michael Wale Group President EMEA Starwood Hotels & Resorts<br />
Puneet Chhatwal CEO Steigenberger Hotels<br />
Ben Subrata Chairman & CEO Sudamala Resorts<br />
Lilian Roten Head Swissotel Hotels & Resorts<br />
Rakesh Sarna CEO Taj Hotels<br />
Alexandre Solleiro CEO Tivoli Hotels<br />
Rupert Simoner CEO VI International<br />
Beat R Sigg Group CEO Victoria Jungfrau Collection<br />
Christoph Hoffmann CEO 25hour Hotels<br />
Although every s<strong>in</strong>gle CEO we spoke<br />
to registered talent management as<br />
a strategic issue <strong>in</strong> <strong>the</strong>ir company,<br />
we were not sure how many CEO’s<br />
proactively formulated an action plan<br />
to tackle <strong>the</strong> topic <strong>in</strong> <strong>the</strong>ir respective<br />
companies. Hence, we wanted to delve<br />
deep and discover how serious <strong>the</strong>y are<br />
really about <strong>the</strong> issue.<br />
The unfortunate fact of <strong>the</strong> matter is that<br />
often times <strong>the</strong> mundane but critical<br />
tasks of grow<strong>in</strong>g <strong>the</strong> bus<strong>in</strong>ess, sign<strong>in</strong>g<br />
on more management contracts and<br />
simply manag<strong>in</strong>g <strong>the</strong> operations means<br />
that bus<strong>in</strong>ess leaders are not able to<br />
take <strong>the</strong> long term view of mak<strong>in</strong>g talent<br />
a strategic priority. Instead <strong>the</strong>y keep<br />
focus<strong>in</strong>g on accomplish<strong>in</strong>g short-term<br />
goals to achieve <strong>the</strong>ir targets of growth<br />
and fulfil <strong>the</strong> priorities of <strong>the</strong>ir Boards.<br />
This means that <strong>the</strong> topic of talent<br />
management consistently f<strong>in</strong>ds itself as<br />
an omnipresent member on <strong>the</strong> bucket<br />
list of th<strong>in</strong>gs to focus on long term but<br />
never as one which is a top priority.<br />
Our 2015 Luxury Global <strong>Hospitality</strong> CEO<br />
Perception & Analysis Report on talent<br />
management and <strong>the</strong> disruption it faces<br />
provides an outlook on what needs to<br />
be done, where <strong>the</strong> CEO’s focus is and<br />
how proactive solutions to face this key<br />
challenge can be delivered over <strong>the</strong><br />
long run.<br />
We believe this is important, especially<br />
<strong>in</strong> <strong>the</strong> hospitality <strong>in</strong>dustry, which is<br />
known for its traditional and probably<br />
outdated approach <strong>in</strong> terms of its talent<br />
management. The multi-perspective<br />
<strong>in</strong>vestigation <strong>in</strong>to <strong>the</strong> talent management<br />
vision of <strong>the</strong> hospitality <strong>in</strong>dustry was<br />
primarily undertaken via a series of oneon-one<br />
<strong>in</strong>terviews and a comparative<br />
analysis was <strong>the</strong>n completed. Among<br />
o<strong>the</strong>r th<strong>in</strong>gs <strong>in</strong> conversation, we<br />
<strong>in</strong>vestigated <strong>in</strong>to a variety of aspects<br />
about what <strong>the</strong> hospitality and tourism<br />
<strong>in</strong>dustry needs to do to profile itself<br />
better, reviewed <strong>the</strong> opportunities and<br />
issues related to <strong>the</strong> employment of<br />
young and next generation talent <strong>in</strong><br />
<strong>the</strong> <strong>in</strong>dustry and also discussed what<br />
<strong>the</strong> CEO’s believe makes this one of<br />
most excit<strong>in</strong>g and promis<strong>in</strong>g <strong>in</strong>dustries<br />
for <strong>the</strong> future.
04<br />
It’s all about <strong>the</strong> people<br />
Why <strong>Talent</strong> matters<br />
In <strong>the</strong> recent times, <strong>the</strong>re has been<br />
a great deal of talk <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry on<br />
talent management and all major hotel<br />
companies have raised concerns<br />
about how it can seriously impact <strong>the</strong>ir<br />
competitiveness. The overarch<strong>in</strong>g<br />
agreement is that go<strong>in</strong>g forward <strong>the</strong> right<br />
talent strategy is likely to be a game<br />
changer for bus<strong>in</strong>esses. An overwhelm<strong>in</strong>g<br />
90% of <strong>the</strong> top management executives<br />
we <strong>in</strong>terviewed acknowledged talent as a<br />
key strategic issue for <strong>the</strong> hotel <strong>in</strong>dustry<br />
and unequivocally all 100% conceded<br />
that today it is a bigger challenge than<br />
Kirk K<strong>in</strong>sell, President America’s for<br />
Intercont<strong>in</strong>ental Hotel Group says,<br />
“We are <strong>in</strong> <strong>the</strong> service bus<strong>in</strong>ess, and<br />
people are central to our success. They<br />
are our competitive advantage, so we<br />
need to make sure we’re always look<strong>in</strong>g<br />
at ways to develop our colleagues while<br />
simultaneously attract<strong>in</strong>g new <strong>Talent</strong>/<br />
experience to our brands. It’s certa<strong>in</strong>ly<br />
a delicate balance of <strong>in</strong>ternal <strong>Talent</strong><br />
development vs. constantly refresh<strong>in</strong>g<br />
<strong>the</strong> <strong>Talent</strong> pipel<strong>in</strong>e <strong>with</strong> people outside<br />
of <strong>the</strong> organization. Regardless, it’s a<br />
commitment, as both take resources and<br />
<strong>in</strong>vestment, but it’s important to remember<br />
that culture trumps strategy, so focus<strong>in</strong>g on<br />
<strong>Talent</strong> is a high priority.”<br />
it was five years or a decade ago. And<br />
<strong>the</strong>y’re <strong>in</strong>creas<strong>in</strong>gly gett<strong>in</strong>g worried about<br />
<strong>the</strong> disruption this war for talent can<br />
pose for <strong>the</strong>ir bus<strong>in</strong>esses go<strong>in</strong>g forward.<br />
As <strong>the</strong> <strong>in</strong>dustry constantly evolves,<br />
hotel companies need new talent <strong>with</strong><br />
different skill sets. And, as competition<br />
<strong>in</strong> <strong>the</strong> recruitment market is <strong>in</strong>creas<strong>in</strong>gly<br />
<strong>in</strong>tensify<strong>in</strong>g, <strong>the</strong>re is no greater need than<br />
to recruit, <strong>in</strong>tegrate and reta<strong>in</strong> talent.<br />
Stress<strong>in</strong>g <strong>the</strong> importance of talent,<br />
Wolfgang Neumann, CEO, Rezidor Hotel<br />
Group says, “In our company we say - We<br />
grow talent and talent grows us. We are<br />
a service <strong>in</strong>dustry and our hotels come<br />
to life <strong>with</strong> people. There is noth<strong>in</strong>g that<br />
matters more.”<br />
<strong>Talent</strong> management consists of a<br />
component which is measur<strong>in</strong>g; assess<strong>in</strong>g<br />
and assist<strong>in</strong>g people <strong>in</strong> <strong>the</strong>ir performance<br />
and help<strong>in</strong>g <strong>the</strong>m reach <strong>the</strong>ir full potential<br />
and sett<strong>in</strong>g <strong>the</strong>m up for success. The<br />
second component is evaluat<strong>in</strong>g <strong>the</strong><br />
exist<strong>in</strong>g talent and build<strong>in</strong>g a pipel<strong>in</strong>e for<br />
succession plann<strong>in</strong>g. It is of <strong>the</strong> highest<br />
importance at every level and <strong>in</strong>cludes<br />
peer-to-peer mentor<strong>in</strong>g, <strong>in</strong>ternal tra<strong>in</strong><strong>in</strong>g<br />
programmes and regular performance<br />
reviews to support, nourish and reward <strong>the</strong><br />
employees consistently. For newer hotel<br />
cha<strong>in</strong>s, a strong commitment to talent<br />
acquisition strategy is even more critical to<br />
ensure that <strong>the</strong>y have <strong>the</strong> right resourc<strong>in</strong>g<br />
<strong>in</strong> place as <strong>the</strong>y grow. We also found that<br />
<strong>the</strong>se new brands and companies enter<strong>in</strong>g<br />
<strong>the</strong> hospitality <strong>in</strong>dustry are especially and<br />
consistently vocal about <strong>the</strong> need for talent<br />
management as <strong>the</strong>y face <strong>the</strong> toughest<br />
competition for talent.<br />
The CEO’s were homogenous <strong>in</strong> express<strong>in</strong>g<br />
how <strong>the</strong> “people” part of <strong>the</strong> bus<strong>in</strong>ess or <strong>the</strong><br />
software is what differentiates <strong>the</strong>ir bus<strong>in</strong>ess<br />
Michael Wale Group President EMEA,<br />
Starwood Hotels & Resorts says, “One of<br />
my core values and responsibilities <strong>with</strong><strong>in</strong><br />
<strong>the</strong> Group which has 250,000 associates is<br />
to be a talent magnet and <strong>in</strong>spire and grow<br />
talent. We have great hotels <strong>in</strong> <strong>the</strong> portfolio<br />
but what truly br<strong>in</strong>gs <strong>the</strong> hardware to life is<br />
<strong>the</strong> software or <strong>the</strong> people.”<br />
For 68% respondents, <strong>Talent</strong> management<br />
is <strong>in</strong>tegrated <strong>with</strong><strong>in</strong> <strong>the</strong> broader management<br />
function of <strong>the</strong>ir bus<strong>in</strong>ess.<br />
An overwhelm<strong>in</strong>g 90% of <strong>the</strong> top management executives we <strong>in</strong>terviewed<br />
acknowledged talent as a key strategic issue for <strong>the</strong> hotel <strong>in</strong>dustry<br />
and unequivocally all 100% conceded that today it is a bigger challenge<br />
than it was five years or a decade ago.
05<br />
and how that automatically puts talent high<br />
on <strong>the</strong>ir agenda.<br />
Dilip Rajakarier, CEO of M<strong>in</strong>or Hotel Group<br />
says, “It is not only about attract<strong>in</strong>g talent<br />
– it is about develop<strong>in</strong>g and susta<strong>in</strong><strong>in</strong>g<br />
<strong>the</strong>m. As an entrepreneurial firm we look<br />
for those <strong>with</strong> a commercial vision and not<br />
just operational efficiency. I spent 70% of<br />
my time on people as it is a critical success<br />
factor for my organisation. Not only that,<br />
we ensure people across <strong>the</strong> hierarchy<br />
have talent management as part of <strong>the</strong><br />
KPI – <strong>the</strong>ir performance is judged on<br />
<strong>the</strong> basis on that.”<br />
<strong>Talent</strong> needs to be driven from <strong>the</strong><br />
top – CEO as a role model<br />
We found <strong>the</strong>re is a dist<strong>in</strong>ction between<br />
<strong>the</strong> level of engagement on talent<br />
management <strong>in</strong> any company depend<strong>in</strong>g<br />
on its boss. Interest<strong>in</strong>gly, when a CEO<br />
makes a bold pledge on mak<strong>in</strong>g talent<br />
management a top priority, you can be<br />
fairly confident that <strong>the</strong>ir company will<br />
take action.<br />
A CEO’s commitment enables <strong>the</strong> Head<br />
of HR to work <strong>with</strong> <strong>the</strong> Operational<br />
heads and make change happen. It also<br />
endorses efforts by department heads, so<br />
more engagement by CEOs could support<br />
Frank Fiskers, CEO of Scandic Hotels<br />
commented how talent prioritisation needs<br />
to be driven from <strong>the</strong> top. He says, “At<br />
Scandic, we have seven overall “must<br />
w<strong>in</strong> battles” and talent development<br />
and pipel<strong>in</strong>e is top of <strong>the</strong> agenda. It is<br />
not a “nice to have” but a pre-requisite<br />
and fundamental aspect of our strategy.<br />
Personally, I believe <strong>the</strong> best way to ensure<br />
it gets <strong>the</strong> attention it deserves is if <strong>the</strong><br />
management sets an example. I talk about<br />
it a lot and now have started to spend less<br />
time on numbers but more on how <strong>the</strong>y<br />
get to those numbers. As an example,<br />
historically I used to take <strong>the</strong> CFO along for<br />
bus<strong>in</strong>ess reviews but now <strong>in</strong>creas<strong>in</strong>gly it is<br />
<strong>the</strong> HR Director.”<br />
a more ambitious outcome. We saw that<br />
<strong>the</strong>re are many visionaries <strong>in</strong> <strong>the</strong> pack,<br />
and <strong>the</strong>re are o<strong>the</strong>rs for whom <strong>the</strong>re is<br />
still some way to go.<br />
While 57% CEO’s chose not to quantify <strong>the</strong><br />
exact amount of time spent on talent, every<br />
s<strong>in</strong>gle CEO <strong>in</strong>terviewed highlighted that<br />
it is a grow<strong>in</strong>g % and <strong>the</strong> s<strong>in</strong>gle biggest<br />
component of <strong>the</strong>ir day to day activities.<br />
The idea for CEO’s is to set an example.<br />
When an employee notices <strong>the</strong> CEO<br />
at events; <strong>with</strong> HR people, when any<br />
company presentation starts <strong>with</strong> talent<br />
development and when <strong>the</strong>re is strong<br />
Alexandre Solleiro, CEO of Portugal’s<br />
Tivoli Hotel Group says, “HR and talent is<br />
<strong>the</strong> key <strong>in</strong> our <strong>in</strong>dustry. Our HR Director<br />
is empowered and reports directly to me<br />
and has a clear mandate to develop our<br />
biggest resource. What I want is a<br />
situation where we don’t have to ever<br />
postpone any talent related <strong>in</strong>itiatives -<br />
even dur<strong>in</strong>g tough times.”<br />
general focus on talent <strong>in</strong> both <strong>in</strong>ternal<br />
and external communication, people <strong>in</strong> <strong>the</strong><br />
entire organisation tend to realise <strong>the</strong>re is<br />
more than lip service be<strong>in</strong>g paid to talent<br />
management. This is <strong>the</strong> only way it gets<br />
drilled <strong>in</strong>to <strong>the</strong> DNA of <strong>the</strong> people which<br />
can be a challenge.<br />
Bernold O. Schroeder, CEO at Pan<br />
Pacific Hotels says, “In our <strong>in</strong>dustry we<br />
have benchmarks and targets for every<br />
department from food cost to daily rate but<br />
unfortunately not for talent development.<br />
I th<strong>in</strong>k that is wrong. The way I look at<br />
it, every penny spent on talent is an<br />
<strong>in</strong>vestment – <strong>in</strong> fact it is <strong>the</strong> only th<strong>in</strong>g<br />
that doesn’t depreciate everyth<strong>in</strong>g else<br />
does. We have a clear process that I drive<br />
from <strong>the</strong> top which educates how <strong>the</strong><br />
<strong>in</strong>vestment made <strong>in</strong> talent development<br />
is directly proportional to <strong>in</strong>crease <strong>in</strong><br />
revenues. And we measure it.”<br />
While 57% CEO’s chose not to quantify <strong>the</strong> exact amount of time spent<br />
on talent, every s<strong>in</strong>gle CEO <strong>in</strong>terviewed highlighted that it is a grow<strong>in</strong>g<br />
% and <strong>the</strong> s<strong>in</strong>gle biggest component of <strong>the</strong>ir day to day activities.
06<br />
The CEO’s perspective on priorities for Generation Y and Millennial’s<br />
What <strong>the</strong> CEO’s believe really matter to <strong>the</strong> young talent<br />
The <strong>Hospitality</strong> <strong>in</strong>dustry is chang<strong>in</strong>g at a<br />
rapid pace due to <strong>the</strong> chang<strong>in</strong>g habits of<br />
its customer as well as employee base.<br />
Technological <strong>in</strong>tervention and social media<br />
is not only <strong>in</strong>fluenc<strong>in</strong>g a client’s decision<br />
to travel at every stage of <strong>the</strong> process,<br />
from choos<strong>in</strong>g where to stay, to how <strong>the</strong>y<br />
experience <strong>the</strong> dest<strong>in</strong>ation, to how <strong>the</strong>y<br />
engage <strong>with</strong> a hotel or place when <strong>the</strong>y<br />
leave, it is also chang<strong>in</strong>g how <strong>the</strong> young<br />
today look for job opportunities <strong>in</strong> <strong>the</strong><br />
<strong>in</strong>dustry, how <strong>the</strong>y choose a prospective<br />
employer and what is really important for<br />
<strong>the</strong>m <strong>in</strong> a career. As <strong>the</strong> needs and wants<br />
of <strong>the</strong> new age customer evolves, <strong>the</strong><br />
<strong>in</strong>dustry not only has to respond to <strong>the</strong>m<br />
but also respond to <strong>the</strong> new age employee<br />
who is now very different to how <strong>the</strong>y were<br />
ten years ago.<br />
When asked about <strong>the</strong> Next Generation<br />
and millennials, our study showed that<br />
79 % CEOs understandably realise<br />
<strong>the</strong> <strong>in</strong>evitability of <strong>the</strong> workforce be<strong>in</strong>g<br />
dom<strong>in</strong>ated by <strong>the</strong> next generation.<br />
As an employer, <strong>the</strong>re is also cognisance<br />
that younger and future generations have<br />
value to add to our bus<strong>in</strong>ess <strong>in</strong> different<br />
ways and an open conversation amongst<br />
Tim Bush, CEO, Meritage Collection says,<br />
“The young are very different today – <strong>the</strong>y<br />
are very confident; <strong>the</strong>y don’t know of <strong>the</strong><br />
great depression, <strong>the</strong>y are also mobile –<br />
across sectors and <strong>in</strong>dustries. Companies<br />
have to push and educate <strong>the</strong>m as if <strong>the</strong>y<br />
get bored <strong>the</strong>y leave. If you are competitive<br />
<strong>with</strong> wages, present <strong>the</strong>m opportunities<br />
for growth and empowerment it can make<br />
a big difference to <strong>the</strong>m. They value an<br />
environment of fun where <strong>the</strong>y can be<br />
creative and express <strong>the</strong>mselves.”<br />
various stakeholders i.e. employees,<br />
partners and customers is what can keep<br />
<strong>the</strong> companies ahead of <strong>the</strong> curve.<br />
Interest<strong>in</strong>gly, 42% of CEO’s mentioned<br />
that <strong>the</strong>ir companies have been recently<br />
do<strong>in</strong>g a lot of research on generation Y.<br />
However, it is very rare that address<strong>in</strong>g <strong>the</strong><br />
chang<strong>in</strong>g needs of this group of talent or<br />
adapt<strong>in</strong>g <strong>the</strong> talent management practices<br />
<strong>in</strong> accordance to <strong>the</strong>ir priorities featured<br />
as a top priority to implement for <strong>the</strong><br />
CEOs. Perhaps it is because CEOs put it<br />
<strong>in</strong> <strong>the</strong> on-go<strong>in</strong>g bucket list <strong>in</strong> light of <strong>the</strong><br />
eventuality and <strong>in</strong>evitability of <strong>the</strong> changes.<br />
Most CEO’s observed <strong>the</strong> largest gap is <strong>in</strong><br />
<strong>the</strong>ir value systems. It is <strong>the</strong> first generation<br />
MPS Puri, CEO of Nira Hotels says, “My guests and staff are <strong>the</strong> same generation.<br />
They might not be shopp<strong>in</strong>g at <strong>the</strong> same stores but <strong>the</strong>y do shop <strong>in</strong> <strong>the</strong> same way<br />
i.e. onl<strong>in</strong>e. They th<strong>in</strong>k alike and have grown up on <strong>the</strong> same th<strong>in</strong>gs. Understand<strong>in</strong>g<br />
one is key to serv<strong>in</strong>g <strong>the</strong> o<strong>the</strong>r better.”<br />
that does not want what <strong>the</strong>ir parents<br />
wanted. They believe <strong>the</strong>ir happ<strong>in</strong>ess does<br />
not lie <strong>in</strong> a big car or a luxury hotel stay.<br />
This is an evolution and a revolution.<br />
However, <strong>the</strong>re are only a few CEO’s who<br />
are consistently vocal about <strong>the</strong> need for<br />
customised talent management <strong>in</strong> specific<br />
for <strong>the</strong> generation Y and millennials and<br />
of those that do, many are typically <strong>the</strong><br />
new brands and companies enter<strong>in</strong>g<br />
<strong>the</strong> hospitality <strong>in</strong>dustry as <strong>the</strong>y face <strong>the</strong><br />
toughest competition for talent.<br />
The general perception rema<strong>in</strong>s that loyalty<br />
to <strong>the</strong> company does not exist anymore <strong>in</strong><br />
generation Y or millennials who tends to<br />
pursue <strong>the</strong> highest overall compensation.<br />
And <strong>the</strong>ir motivational factors are more<br />
complex and far-rang<strong>in</strong>g than <strong>the</strong>ir<br />
parents. Generation Y or <strong>the</strong> millennial<br />
workers also place more importance on<br />
recognition and <strong>in</strong>tangible rewards and<br />
crave personal career development and<br />
have particularly high expectations. It is<br />
a question of want<strong>in</strong>g to benefit from a<br />
comb<strong>in</strong>ation of tangible and <strong>in</strong>tangible<br />
reward, as opposed to one or <strong>the</strong> o<strong>the</strong>r.<br />
The majority want to feel that <strong>the</strong>y are part<br />
of someth<strong>in</strong>g valuable, which is a feel<strong>in</strong>g<br />
every hotel company needs to extend to<br />
all employees today. Clearly <strong>the</strong> <strong>in</strong>dustry<br />
f<strong>in</strong>ds itself challenged to provide mean<strong>in</strong>gful<br />
careers for well-educated ambitious<br />
university graduates which is often why so<br />
many talented graduates go on to jo<strong>in</strong> o<strong>the</strong>r<br />
<strong>in</strong>dustries despite a four year education <strong>in</strong><br />
this sector.<br />
One also needs to be careful of mak<strong>in</strong>g this<br />
young generation a homogeneous body.<br />
The need of <strong>the</strong> new generation varies<br />
greatly based on geographic orig<strong>in</strong> as well<br />
as cultural undertones and place of work.<br />
A Swiss employee or an Eastern European<br />
employee from <strong>the</strong> same generation Y,<br />
work<strong>in</strong>g <strong>in</strong> <strong>the</strong> same hotel <strong>in</strong> Switzerland<br />
could have completely different motivation.<br />
The set of values also change culturally.<br />
For those from developed economies it<br />
is about satiation of immediate needs - a<br />
better house, car or wardrobe. For ano<strong>the</strong>r<br />
employee <strong>in</strong> Asia or Africa it could be still<br />
work driven by <strong>the</strong> need to afford a house<br />
for <strong>the</strong>ir parents or a better tractor for <strong>the</strong><br />
farm <strong>in</strong> <strong>the</strong> village. It also varies depend<strong>in</strong>g<br />
on whe<strong>the</strong>r <strong>the</strong>y are <strong>the</strong> breadw<strong>in</strong>ners for a<br />
family or have lower levels of responsibility<br />
i.e. ma<strong>in</strong>ly of <strong>the</strong>mselves.<br />
Alejandro Bernabe, CEO of Kemp<strong>in</strong>ski<br />
Hotels says, “Millennials and what <strong>the</strong>y<br />
seek out of a career is completely different<br />
to each o<strong>the</strong>r depend<strong>in</strong>g on which part of<br />
<strong>the</strong> world <strong>the</strong>y orig<strong>in</strong>ate from and live <strong>in</strong>.<br />
It also is different depend<strong>in</strong>g on what role<br />
<strong>the</strong>y fulfil <strong>in</strong> <strong>the</strong>ir families.”
07<br />
79%<br />
CEOs understandably realise<br />
<strong>the</strong> <strong>in</strong>evitability of <strong>the</strong><br />
workforce be<strong>in</strong>g dom<strong>in</strong>ated<br />
by <strong>the</strong> next generation.<br />
42%<br />
CEO’s mentioned that<br />
<strong>the</strong>ir companies have been<br />
recently do<strong>in</strong>g a lot of<br />
research on generation Y.<br />
86%<br />
CEO’s believe that<br />
<strong>in</strong>tangible factors can prove<br />
to be just as strong a<br />
motivator as tangible<br />
benefits.
08<br />
Based on <strong>the</strong> responses, we have<br />
summarised below <strong>the</strong> six most recurrent<br />
<strong>the</strong>mes of what <strong>the</strong> CEO’s <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry<br />
believe are priority areas that matter most<br />
for <strong>the</strong> young generation.<br />
(i) A need for speed<br />
The hospitality <strong>in</strong>dustry suffers from a<br />
negative perception that career progression<br />
can be tedious, slow and work<strong>in</strong>g hours too<br />
long. This conflicts directly <strong>with</strong> <strong>the</strong> ambition<br />
of <strong>the</strong> new generation of graduates who<br />
want to achieve higher positions faster.<br />
This new generation does not also have <strong>the</strong><br />
patience to wait for promotions. They have<br />
confidence <strong>in</strong> <strong>the</strong>ir abilities and <strong>the</strong>y want a<br />
road map on how <strong>the</strong>y will grow <strong>with</strong> and<br />
<strong>with</strong><strong>in</strong> <strong>the</strong> company and companies have<br />
no option often but to comply.<br />
Peter Fulton, Group President EMEA,<br />
Hyatt Hotels & Resorts says, “Risk tak<strong>in</strong>g<br />
has to become a far greater part of how<br />
we manage talent and <strong>the</strong>re needs to be<br />
career progression that is far quicker than<br />
may be how it was when we were <strong>in</strong> <strong>the</strong><br />
formative part of our careers.”<br />
Hours, commitment and shift work are<br />
also constra<strong>in</strong>ts for <strong>the</strong>se young graduates<br />
who apart from work<strong>in</strong>g also want to<br />
enjoy <strong>the</strong>ir time outside work. In fact,<br />
people are becom<strong>in</strong>g more aware about<br />
<strong>the</strong> importance of hav<strong>in</strong>g a certa<strong>in</strong> work/<br />
life balance, which is hard to achieve <strong>in</strong><br />
<strong>the</strong> <strong>in</strong>dustry. This disillusion expla<strong>in</strong>s <strong>the</strong><br />
low conversion rate of <strong>the</strong> number of<br />
graduates who actually enter or rema<strong>in</strong><br />
<strong>with</strong><strong>in</strong> <strong>the</strong> <strong>in</strong>dustry despite graduat<strong>in</strong>g from<br />
hotel schools.<br />
The reason hotel graduates don’t<br />
necessarily jo<strong>in</strong> <strong>the</strong> <strong>in</strong>dustry is because not<br />
many companies allow <strong>the</strong>m to implement<br />
<strong>the</strong>ir learn<strong>in</strong>g at school on a job <strong>in</strong> a Junior<br />
Management position <strong>with</strong> a clear path to<br />
senior management. The young don’t want<br />
to feel underutilised.<br />
Symon Bridle, COO, Rosewood Group<br />
says, “The young need dynamism <strong>in</strong> <strong>the</strong>ir<br />
careers. If you cannot provide a robust<br />
career path <strong>the</strong>y are go<strong>in</strong>g to move.<br />
This is a fact of life. You have to work <strong>with</strong><br />
your high flyers <strong>in</strong> particular to ensure <strong>the</strong>y<br />
understand what is <strong>in</strong> it for <strong>the</strong>m. Equally,<br />
if <strong>the</strong>y like your brand and <strong>the</strong>ir work <strong>the</strong>y<br />
will work as hard as anyone else.”<br />
The respondents believe that <strong>the</strong> values,<br />
expectations and life style priorities of <strong>the</strong><br />
young have to be embraced. We have to<br />
<strong>in</strong>tegrate a lot more <strong>with</strong> this generation to
09<br />
89%<br />
CEO’s believe that a faster career<br />
progression is one of <strong>the</strong> top priorities<br />
for <strong>the</strong> young generation<br />
72%<br />
of CEO’s <strong>in</strong>terviewed th<strong>in</strong>k <strong>the</strong><br />
millennials are <strong>in</strong> search of a<br />
wholesome work-life experience<br />
83%<br />
CEO’s are of <strong>the</strong> op<strong>in</strong>ion that it is<br />
critical that generation Y needs to<br />
feel valued and recognised for <strong>the</strong>ir<br />
efforts to stick to <strong>the</strong>ir jobs<br />
77%<br />
CEO’s believe a higher<br />
remuneration can be a game<br />
changer for <strong>the</strong> generation Y<br />
and millennial’s<br />
71%<br />
CEO’s place constant feedback<br />
as a ma<strong>in</strong> concern for <strong>the</strong><br />
Generation next<br />
67%<br />
CEO’s assign a higher social<br />
conscience and strong sense of<br />
giv<strong>in</strong>g back as a core value for <strong>the</strong><br />
new generation of talent<br />
understand what really ticks <strong>the</strong>ir boxes.<br />
To satisfy this growth need is relatively<br />
easier for large hotel cha<strong>in</strong>s like Hilton,<br />
Intercont<strong>in</strong>ental and Starwood where<br />
<strong>the</strong> prospects are plentiful <strong>with</strong> multiple<br />
opportunities to work on new acquisitions,<br />
<strong>with</strong> new brands or new dest<strong>in</strong>ations <strong>in</strong><br />
emerg<strong>in</strong>g and frontier markets across<br />
<strong>the</strong> world. However, <strong>the</strong> smaller hotel<br />
companies struggle to fulfil this burn<strong>in</strong>g<br />
ambition of generation Y.<br />
Generation Y and millennials are a<br />
fasc<strong>in</strong>at<strong>in</strong>g new generation – <strong>the</strong>y are<br />
well researched, <strong>the</strong>y are <strong>in</strong>formed<br />
and <strong>the</strong>y learn so much more and very<br />
differently than what was <strong>the</strong> norm before.<br />
Social media and <strong>in</strong>ternet has fur<strong>the</strong>r<br />
revolutionised this learn<strong>in</strong>g process.<br />
Frederic Simon, CEO of Alila Hotels says,<br />
“In our <strong>in</strong>dustry we still have SOP’s – if<br />
we want <strong>the</strong> Millennials to appreciate <strong>the</strong><br />
<strong>in</strong>dustry enough to jo<strong>in</strong> it, we have learn to<br />
change <strong>the</strong> way we present it and also that<br />
once <strong>the</strong>y jo<strong>in</strong> us we have to change <strong>the</strong><br />
way we tra<strong>in</strong> <strong>the</strong>m. The Generation Y does<br />
not have <strong>the</strong> time or <strong>the</strong> m<strong>in</strong>d space to<br />
stick <strong>with</strong> SOP’s. We have to embrace <strong>the</strong>ir<br />
new form of learn<strong>in</strong>g.”<br />
(ii) In search of a wholesome<br />
experience<br />
The new generation are found to be<br />
more impatient <strong>in</strong> terms of <strong>in</strong>creas<strong>in</strong>g<br />
<strong>the</strong>ir experiences, and as a result, do<br />
not hesitate to consider disjo<strong>in</strong>ted or<br />
disconnected “next steps” as a learn<strong>in</strong>g<br />
path, that often looks very different from<br />
a typical career path. Be<strong>in</strong>g accessible<br />
is important to <strong>the</strong>m and <strong>the</strong>y have a<br />
voracious appetite to learn from people of<br />
experience. They often don’t want to make<br />
<strong>the</strong> mistakes of <strong>the</strong>ir parents, but <strong>in</strong>stead<br />
want to learn from those mistakes and<br />
make <strong>the</strong>ir own.<br />
(iii) Strong need for recognition<br />
and to feel valued<br />
A conversation <strong>with</strong> <strong>the</strong> generation Y<br />
today can’t be a generic conversation.<br />
The young don’t want to be treated like<br />
children. They are global, well-travelled<br />
and need to respect <strong>the</strong>ir supervisor<br />
to stay on a job. And <strong>the</strong>y only stay <strong>in</strong><br />
Kirk K<strong>in</strong>sell, President of Intercont<strong>in</strong>ental<br />
Americas says, “I always say that ‘hav<strong>in</strong>g<br />
a job isn’t hav<strong>in</strong>g a life.’ One has to<br />
seamlessly <strong>in</strong>tegrate all aspects of one’s<br />
life across all roles <strong>in</strong> <strong>the</strong>ir life. Employees<br />
don’t want a job for a life time anymore;<br />
<strong>the</strong>y want valuable life time experiences.<br />
Life time experiences <strong>with</strong> <strong>the</strong>ir company,<br />
<strong>the</strong>ir workplace, <strong>the</strong>ir families, <strong>the</strong>ir<br />
communities. They want to balance<br />
and sort <strong>the</strong>m all. People work for money,<br />
benefits and security, but <strong>the</strong>y<br />
cherish bosses that challenge, help<br />
grow, and take time to understand <strong>the</strong>m<br />
and <strong>the</strong>ir dreams.”<br />
places where <strong>the</strong>y feel <strong>the</strong>y are able to<br />
contribute and when <strong>the</strong>y do, <strong>the</strong>y want<br />
<strong>in</strong>stant recognition of <strong>the</strong>ir efforts for<br />
work well done. Empowerment, ability<br />
to assume responsibility and flexibility <strong>in</strong><br />
<strong>the</strong> opportunities to grow based on <strong>the</strong>ir<br />
preference and specialisation is what gets<br />
<strong>the</strong>ir attention. Any company that can help<br />
<strong>the</strong>m be <strong>the</strong> best <strong>in</strong> what <strong>the</strong>y want to be<br />
excites <strong>the</strong>m.<br />
Ben Subrata, CEO of Sudamala Resorts,<br />
says, “I see <strong>the</strong> young talent look<strong>in</strong>g for<br />
not only a place to work. They want to feel<br />
valued, appreciated, noticed. The one big<br />
danger of work<strong>in</strong>g <strong>with</strong> a big brand is you<br />
might end up as a number. This I how we<br />
differentiate our offer<strong>in</strong>g at Sudamala - if<br />
you are a character of your own you want<br />
your personality to sh<strong>in</strong>e you can take <strong>the</strong><br />
leap and decide to associate <strong>with</strong> a smaller<br />
brand like us but end up do<strong>in</strong>g a lot more<br />
that you would <strong>with</strong> a bigger brand.”<br />
(iv) It is a lot but not all about<br />
<strong>the</strong> money<br />
Jobs that are nei<strong>the</strong>r well paid, nor a<br />
source of creativity, are obviously no longer<br />
esteemed by <strong>the</strong> wider culture of generation<br />
Y or millennials. Young people –rightly or<br />
wrongly have <strong>the</strong> expectation of be<strong>in</strong>g well<br />
off. They will question <strong>the</strong> hours, <strong>the</strong>y will<br />
question <strong>the</strong> pay and this is a fact of life<br />
which will not change.<br />
However, pay<strong>in</strong>g more for <strong>the</strong>m would just<br />
be a start. Equally <strong>the</strong> fact rema<strong>in</strong>s that<br />
progress on pay is not go<strong>in</strong>g to be fast<br />
enough <strong>in</strong> our <strong>in</strong>dustry. A 10% salary raise<br />
across <strong>the</strong> board however nice sound<strong>in</strong>g<br />
will send <strong>the</strong> operat<strong>in</strong>g profit spirall<strong>in</strong>g down<br />
hence it is not a miracle one can expect.
10<br />
Christoph Hoffman, CEO 25Hour<br />
hotels concedes, “When it comes to<br />
remuneration, our <strong>in</strong>dustry is a bit of a joke<br />
compared to o<strong>the</strong>r <strong>in</strong>dustries. No wonder<br />
<strong>the</strong> best hotel school graduates don’t<br />
jo<strong>in</strong> hotel operations after four years of<br />
hospitality education. The only solution is<br />
multiply our room rate by three and <strong>the</strong>n<br />
we can raise <strong>the</strong> salary. Yet, I doubt that<br />
money can buy loyalty or happ<strong>in</strong>ess for<br />
<strong>the</strong> young. If we look at <strong>the</strong> Technology<br />
<strong>in</strong>dustry (Googles of this world), <strong>the</strong>y<br />
make such a good effort of giv<strong>in</strong>g freedom<br />
to people. We need to learn from <strong>the</strong>m,<br />
become a little more adventurous and<br />
foster a job atmosphere that allows more<br />
freedom. The young today need <strong>the</strong><br />
opportunity to impact change, be <strong>in</strong>volved,<br />
leave <strong>the</strong>ir own personality and have a<br />
certa<strong>in</strong> work-life balance.”<br />
In view of <strong>the</strong> limitations of <strong>the</strong> <strong>in</strong>dustry,<br />
86% CEO’s believe that <strong>in</strong>tangible factors<br />
can prove to just a strong a motivator as<br />
tangible benefits of pay.<br />
(v) Show me <strong>the</strong> love - constant<br />
feedback and appreciation<br />
Generation Y stands for greater levels<br />
of personal career development and<br />
progression – <strong>the</strong>y need to feel that<br />
Christopher Cowdray, CEO Dorchester Collection says, “Generation Y is certa<strong>in</strong>ly<br />
more sensitive and have a deeper social conscience. They want to know more and are<br />
confident about challeng<strong>in</strong>g ideas. The expectations of those especially who have been<br />
Universities is to want a fast track to <strong>the</strong>ir careers. In our bus<strong>in</strong>ess this is complicated<br />
because senior level positions need to know how to lead people and that is not a stage<br />
which is easy to fast track <strong>in</strong>to. There is a shift <strong>in</strong> <strong>the</strong> value system – <strong>the</strong> fundamental<br />
th<strong>in</strong>gs like pension is not relevant to <strong>the</strong>m. They want cash <strong>in</strong> hand. They want career<br />
progression and growth.”<br />
<strong>the</strong>y have an <strong>in</strong>put <strong>in</strong>to <strong>the</strong> bus<strong>in</strong>esses<br />
<strong>the</strong>y work for and that <strong>the</strong>ir voices are<br />
be<strong>in</strong>g heard. Priority areas for <strong>the</strong> way<br />
any bus<strong>in</strong>ess manages <strong>the</strong> younger<br />
generation, <strong>the</strong>refore, evolve around <strong>the</strong><br />
understand<strong>in</strong>g that no ‘one-size-fits-all’<br />
approach can last <strong>in</strong> any organization,<br />
but ra<strong>the</strong>r a greater need to work <strong>with</strong><br />
<strong>the</strong> <strong>in</strong>dividual. Regular communication<br />
<strong>with</strong> employees and com<strong>in</strong>g toge<strong>the</strong>r<br />
to celebrate shared successes are just<br />
some of <strong>the</strong> ways <strong>in</strong> which a company can<br />
foster an environment that places greater<br />
emphasis on <strong>the</strong> needs of <strong>the</strong> <strong>in</strong>dividual.<br />
(vi) Social conscience is very<br />
important for <strong>the</strong> Generation Y<br />
As a group, this next generation appears<br />
to have a broader global perspective<br />
and is more value-centred, particularly<br />
about giv<strong>in</strong>g back to <strong>the</strong>ir communities<br />
or be<strong>in</strong>g associated <strong>with</strong> movements like<br />
susta<strong>in</strong>ability and community actions.<br />
The Corporate Social Responsibility<br />
<strong>in</strong>itiatives, work <strong>in</strong> <strong>the</strong> local community,<br />
through charity fundraisers and events,<br />
empowers employees <strong>with</strong> a reward<strong>in</strong>g<br />
feel<strong>in</strong>g of giv<strong>in</strong>g back – which is just as<br />
important to <strong>the</strong>m as recognition for<br />
good performance.<br />
Filip Boyen, COO, Belmond Ltd. says,<br />
“The generation Y expects more money,<br />
fast career growth, flexibility and have a<br />
strong dislike for anyth<strong>in</strong>g mundane. We<br />
also have to revolutionise <strong>the</strong> feedback<br />
process and also how often we appraise<br />
<strong>the</strong> Generation Next – it is not someth<strong>in</strong>g<br />
that can happen once a year. They need<br />
feedback and need it constantly.”
A Look <strong>in</strong>to <strong>the</strong> Future – The Oracle Speaks<br />
11<br />
The generation Y<br />
and millennial<br />
employee<br />
• Wants career growth and a clear road map for development<br />
• Is confident, well researched and not afraid to question or express <strong>the</strong>ir op<strong>in</strong>ion<br />
• Values a balanced approach to life and flexibility at work<br />
• Craves recognition, feedback and looks for mean<strong>in</strong>g <strong>in</strong> life<br />
• Rates <strong>the</strong> social aspects like team spirit, work environment and sense of pride<br />
as highly as money<br />
• Needs to feel respect for <strong>the</strong>ir manager and seeks senior executives as mentors<br />
The new age CEO<br />
• Leads by example<br />
• Believes <strong>in</strong> <strong>in</strong>spir<strong>in</strong>g and coach<strong>in</strong>g as aga<strong>in</strong>st command<strong>in</strong>g<br />
• Is a role model and shares his story to <strong>in</strong>spire <strong>the</strong> young<br />
• Actively delegates responsibility and doesn’t hoard power<br />
• Seeks commercial returns apart from operational efficiency<br />
• Builds partnership and creates a strong employer brand<strong>in</strong>g <strong>in</strong> companies<br />
The bottom l<strong>in</strong>e<br />
• Understand<strong>in</strong>g what <strong>the</strong> generation Y and millennials seek from an employer<br />
will become a competitive advantage <strong>in</strong> <strong>the</strong> hunt for <strong>the</strong> best talent<br />
• The ability to offer growth, flexibility, transparency and feedback is <strong>the</strong> way<br />
to reta<strong>in</strong> employees<br />
• Parity <strong>in</strong> pay is important for <strong>the</strong> young and it needs to be performance based<br />
• Technology is go<strong>in</strong>g to transform <strong>the</strong> recruitment processes and <strong>the</strong> ability<br />
to <strong>in</strong>novate <strong>in</strong> <strong>the</strong> recruitment will enable best recruitment<br />
• Honest and carefully considered employer brand<strong>in</strong>g, will help attract <strong>the</strong><br />
“right” people to <strong>the</strong> organisation
12<br />
Proactive solutions from <strong>the</strong> CEO’s desks<br />
What can hotel companies do to address <strong>the</strong> issues and manage <strong>the</strong><br />
young talent better?<br />
1. Different is good – Foster diversity at<br />
all levels<br />
There is overwhelm<strong>in</strong>g agreement amongst <strong>the</strong> CEO’s that<br />
diversity is absolutely critical to <strong>the</strong> growth of <strong>the</strong> <strong>in</strong>dustry<br />
and <strong>the</strong>ir respective companies.<br />
Wolfgang Neumann, CEO of Rezidor Hotel Group says,<br />
“One of <strong>the</strong> key challenges we have as an organisation is we<br />
don’t have enough women <strong>in</strong> leadership positions. We have<br />
launched women <strong>in</strong> leadership <strong>in</strong>itiative – I am a passionate<br />
believer <strong>in</strong> equal rights and equal pay. Today we have 16%<br />
women <strong>in</strong> Senior Management and we want that number<br />
doubled by 2016.”<br />
In hotel <strong>in</strong>dustry, a history of recruit<strong>in</strong>g and promot<strong>in</strong>g from<br />
<strong>with</strong><strong>in</strong> has seen bus<strong>in</strong>esses and companies become <strong>in</strong>creas<strong>in</strong>gly<br />
<strong>in</strong>sular and homogenous. One of <strong>the</strong> big challenges is <strong>the</strong> need<br />
to stop recruit<strong>in</strong>g on <strong>the</strong> basis of ‘similarity attraction’ on <strong>the</strong> part<br />
of <strong>the</strong> exist<strong>in</strong>g management, and start recruit<strong>in</strong>g people who are<br />
very different from <strong>the</strong> current workforce.<br />
Glo Hotels CEO, Aarne Hallama says, “Our <strong>in</strong>dustry is often<br />
called <strong>in</strong>sular but we have consciously worked to change that<br />
and need to keep do<strong>in</strong>g that. Our new Market<strong>in</strong>g Director<br />
comes from an Elevator company and an Agency <strong>in</strong> London<br />
before. We recruit people for <strong>the</strong> right attitude and tra<strong>in</strong> for skill.<br />
A teacher, a drama school graduate might be more passionate<br />
than a hotel school graduate. Hotel companies should seek out<br />
<strong>the</strong> right candidate.”<br />
Gerald Lawless, Group CEO, Jumeirah adds, “If all o<strong>the</strong>r<br />
<strong>in</strong>dustries are recruit<strong>in</strong>g from our <strong>in</strong>dustry <strong>the</strong>re is a case <strong>in</strong><br />
po<strong>in</strong>t for us to start recruit<strong>in</strong>g from o<strong>the</strong>r sectors. We are very<br />
proud of <strong>the</strong> number of female applicants <strong>in</strong> our company<br />
especially from <strong>the</strong> region and UAE <strong>in</strong> specific who are<br />
<strong>in</strong>creas<strong>in</strong>gly show<strong>in</strong>g <strong>the</strong> promise of jo<strong>in</strong><strong>in</strong>g <strong>the</strong> <strong>in</strong>dustry. If<br />
people don’t express an <strong>in</strong>terest to jo<strong>in</strong> our <strong>in</strong>dustry, we have to<br />
<strong>in</strong>trospect on <strong>the</strong> why and th<strong>in</strong>k about how can we change it.”<br />
A good talent strategy has to be based on customisation<br />
and <strong>in</strong>novation – it is great if more and more hotel companies<br />
look and f<strong>in</strong>d talent from o<strong>the</strong>r discipl<strong>in</strong>es as long as <strong>the</strong>y<br />
understand good hospitality practices. The key is to not<br />
conf<strong>in</strong>e people to SOP’s and brand standards – people have<br />
to express <strong>the</strong>mselves beyond that. The spontaneity of a<br />
personality needs to be preserved and fostered.<br />
Symon Bridle, COO, Rosewood Hotel Group says, “When<br />
we are look<strong>in</strong>g for new talent at <strong>the</strong> management level we do<br />
turn to <strong>the</strong> more traditional avenues like hotel schools. But it is<br />
constantly chang<strong>in</strong>g. As an example for one of our new hotel
13<br />
open<strong>in</strong>gs <strong>in</strong> Beij<strong>in</strong>g, we organised <strong>the</strong><br />
<strong>in</strong>itial recruitment at an Art Gallery which<br />
is a non-traditional venue and <strong>the</strong> reason<br />
is we want more of <strong>the</strong> fresh personalities<br />
know<strong>in</strong>g and confident that we can tra<strong>in</strong><br />
for <strong>the</strong> skills <strong>in</strong> house.”<br />
<strong>Hospitality</strong> <strong>in</strong>dustry could also do well <strong>with</strong><br />
more ‘left-bra<strong>in</strong>ed’ logical and analytical<br />
personalities as aga<strong>in</strong>st be<strong>in</strong>g dom<strong>in</strong>ated<br />
by ‘right-bra<strong>in</strong>ed’ people who are creative<br />
and <strong>in</strong>tuitive. But <strong>the</strong> fact rema<strong>in</strong>s that to<br />
recruit and – more importantly – reta<strong>in</strong> this<br />
diverse talent most hotel companies will<br />
also need a culture that nurtures such a<br />
development. In our experience <strong>with</strong> hotel<br />
companies, lett<strong>in</strong>g go of <strong>the</strong> traditional<br />
m<strong>in</strong>d set is <strong>the</strong> hard part.<br />
Stephen Walden, CEO, Maybourne Hotel<br />
Group says, “One of my core obligations<br />
as CEO is to hire <strong>the</strong> f<strong>in</strong>est people and<br />
that means not just look<strong>in</strong>g at <strong>with</strong><strong>in</strong> <strong>the</strong><br />
<strong>in</strong>dustry. I particularly like to hire from<br />
outside as those <strong>in</strong>dividuals br<strong>in</strong>g fresh<br />
th<strong>in</strong>k<strong>in</strong>g. But when I br<strong>in</strong>g people <strong>in</strong> to<br />
our bus<strong>in</strong>ess, particularly from outside of<br />
<strong>the</strong> sector, I do so carefully and one at a<br />
time. You have to be very sensitive and<br />
help <strong>the</strong>m understand <strong>the</strong> culture and <strong>the</strong><br />
work<strong>in</strong>g environment.”<br />
He adds “We have recently hired a senior<br />
HR professional from Louis Vuitton and a<br />
Head of IT from Hogg Rob<strong>in</strong>son. I have<br />
also reta<strong>in</strong>ed a Brand Consultancy whose<br />
last assignment was <strong>with</strong> Mulberry. I<br />
passionately believe that we can learn<br />
from o<strong>the</strong>r sectors like retail, fashion,<br />
high end residential designers and o<strong>the</strong>r<br />
bus<strong>in</strong>esses e.g. NetJets to br<strong>in</strong>g a higher<br />
level of personalization for <strong>the</strong> customer;<br />
allow<strong>in</strong>g us to tailor- make experiences <strong>in</strong><br />
our suites, tak<strong>in</strong>g on board technologies to<br />
see how <strong>the</strong>y are th<strong>in</strong>k<strong>in</strong>g differently to us<br />
<strong>in</strong> hospitality.”<br />
2. Actively work to change<br />
<strong>the</strong> <strong>in</strong>dustry’s image and<br />
perception<br />
The CEO’s have consistently raised<br />
<strong>the</strong> issue of <strong>the</strong> <strong>in</strong>dustry’s media image<br />
be<strong>in</strong>g old, outdated and even <strong>in</strong>accurate.<br />
Although at <strong>the</strong> first <strong>in</strong>stance <strong>the</strong>re is<br />
curiosity and <strong>in</strong>terest <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry, many<br />
buy <strong>in</strong>to <strong>the</strong> impression that <strong>the</strong> <strong>in</strong>dustry<br />
offers poor job security and a lot of<br />
stress, and that tra<strong>in</strong><strong>in</strong>g to get a job is not<br />
important or of any value.<br />
A wholesome and concentrated effort<br />
needs to be made to contribute jo<strong>in</strong>tly to<br />
an updated and more nuanced image. An<br />
ideal way of do<strong>in</strong>g this is by showcas<strong>in</strong>g<br />
<strong>the</strong> career paths of various professionals<br />
and stars <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry. There are<br />
so many highly successful CEO’s and<br />
professionals who have achieved excit<strong>in</strong>g<br />
careers <strong>with</strong>out be<strong>in</strong>g celebrities. There<br />
is also more to <strong>the</strong> <strong>in</strong>dustry than “foul<br />
mou<strong>the</strong>d chef’s”. And <strong>the</strong>re are <strong>in</strong> fact far<br />
more <strong>in</strong>terest<strong>in</strong>g stories to profile <strong>in</strong>clud<strong>in</strong>g<br />
<strong>the</strong> need to emphasise entrepreneurship<br />
and highlight <strong>the</strong> multiple ways of jo<strong>in</strong><strong>in</strong>g<br />
<strong>the</strong> <strong>in</strong>dustry, ris<strong>in</strong>g <strong>the</strong> ranks despite<br />
com<strong>in</strong>g from completely divergent<br />
backgrounds and hav<strong>in</strong>g a flourish<strong>in</strong>g<br />
career <strong>in</strong> it. Ano<strong>the</strong>r way of reach<strong>in</strong>g <strong>the</strong><br />
young is through <strong>the</strong> high school students<br />
and <strong>the</strong>ir parents who are consider<strong>in</strong>g<br />
future educational options way before<br />
University education.<br />
Frederic Simon CEO of Alila Hotels<br />
says, “Image of a hotel <strong>in</strong>dustry suffers<br />
ow<strong>in</strong>g to low f<strong>in</strong>ancial rewards and long<br />
hours. However this image is chang<strong>in</strong>g.<br />
The perception of jo<strong>in</strong><strong>in</strong>g <strong>the</strong> <strong>in</strong>dustry is<br />
completely different based on culture and<br />
sensitivity. Europe, Middle East, Asia – it<br />
is all different. The fact is career growth<br />
potential is fast and enormous for those<br />
who want to build a career <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry.<br />
We just need to profile <strong>the</strong> facts better.”<br />
In certa<strong>in</strong> geographies like <strong>the</strong> Middle<br />
East, hospitality is perceived as a dynamic,<br />
forward-th<strong>in</strong>k<strong>in</strong>g sector and an excit<strong>in</strong>g<br />
<strong>in</strong>dustry to work <strong>in</strong>. Today’s customers are<br />
ever more vocal, and rightly so, about any<br />
negative experiences which, of course,<br />
affect reputation. The hospitality sector<br />
can attract younger generations by stay<strong>in</strong>g<br />
relevant and <strong>in</strong>terest<strong>in</strong>g, constantly try<strong>in</strong>g<br />
to better itself and improve what it has<br />
done <strong>in</strong> <strong>the</strong> past. A career <strong>in</strong> hospitality<br />
is <strong>in</strong>credibly reward<strong>in</strong>g and dynamically<br />
evolv<strong>in</strong>g – this is especially <strong>in</strong>terest<strong>in</strong>g for<br />
<strong>the</strong> young talent.
14<br />
Puneet Chhatwal<br />
CEO<br />
Steigenberger Hotels<br />
Frederic Flageat-Simon<br />
CEO<br />
Alila Hotels and Resorts<br />
Simon Coombs<br />
CEO<br />
Shaza Hotels<br />
Beat R Sigg<br />
Group CEO<br />
Victoria Jungfrau Collection<br />
Gerald Lawless<br />
President & Group CEO<br />
Jumeirah Group<br />
Laura Tarkka<br />
CEO<br />
Glo Hotels<br />
Alejandro Bernabe<br />
CEO<br />
Kemp<strong>in</strong>ski Hotels<br />
Guy Hutch<strong>in</strong>son<br />
COO<br />
Rotana Hotels<br />
These po<strong>in</strong>ts suggest that <strong>the</strong>re is a need<br />
to change <strong>the</strong> <strong>in</strong>dustry’s image and create,<br />
as one of <strong>the</strong> respondents stated, a ‘career<br />
culture’, which could also encourage <strong>the</strong><br />
new generation to exhibit loyalty to <strong>the</strong><br />
<strong>in</strong>dustry, and ideally, to one company <strong>with</strong><strong>in</strong><br />
<strong>the</strong> <strong>in</strong>dustry.<br />
Yaron Ashkenazi, CEO, Grand City hotels<br />
says, “The image of <strong>the</strong> <strong>in</strong>dustry is “service<br />
given by servants” which is far from <strong>the</strong><br />
reality. The hotel <strong>in</strong>dustry apart from room<br />
and food and beverage deals <strong>with</strong> aspects<br />
as diverse as eng<strong>in</strong>eer<strong>in</strong>g, sewage,<br />
ma<strong>in</strong>tenance, f<strong>in</strong>ance, telecommunication,<br />
real estate and above all people. We need<br />
to send <strong>the</strong> message that it is one of <strong>the</strong><br />
most <strong>in</strong>terest<strong>in</strong>g <strong>in</strong>dustries because it is<br />
extremely diversified.”<br />
The o<strong>the</strong>r issue has been that hotel<br />
companies have focussed before solely<br />
on <strong>the</strong> key four departments. Where we<br />
have to do better is to highlight <strong>the</strong> different<br />
choices <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry and a big range of<br />
professions – if you start <strong>in</strong> F&B doesn’t<br />
mean you need to stay <strong>the</strong>re. It is now a<br />
more <strong>in</strong>tegrated <strong>in</strong>dustry and people need<br />
to realise that.<br />
Importance of Employer brand<strong>in</strong>g<br />
The young are more demand<strong>in</strong>g because<br />
<strong>the</strong>y know more. They are well researched,<br />
have a huge amount of choice, and <strong>with</strong><br />
<strong>the</strong> speed of media dissem<strong>in</strong>ate <strong>the</strong>ir views<br />
widely. The Generation Y and Millennials<br />
are also clever <strong>in</strong> differentiat<strong>in</strong>g between<br />
market<strong>in</strong>g blurb and reality – <strong>the</strong>y want a<br />
brand that represents what <strong>the</strong>y aspire to<br />
be. People won’t leave companies if <strong>the</strong><br />
brand engages <strong>the</strong>m and <strong>the</strong>y still want<br />
<strong>the</strong> brand to look after you and manage<br />
your career. If we can’t show <strong>the</strong> career<br />
growth to <strong>the</strong> young – <strong>the</strong> <strong>in</strong>dustry and its<br />
work is commoditised.<br />
Laura Tarkka, CEO, Glo Hotels says,<br />
“A brand needs to speak to <strong>the</strong> young<br />
talent. It is not about f<strong>in</strong>d<strong>in</strong>g talent - it is<br />
about f<strong>in</strong>d<strong>in</strong>g <strong>the</strong> right talent and creat<strong>in</strong>g<br />
an aspirational pull factor <strong>with</strong> <strong>the</strong> brand<br />
so <strong>the</strong> best people want to jo<strong>in</strong> and<br />
grow <strong>with</strong> your brand.”<br />
It is critical to clearly articulate a<br />
company’s vision and make sure that<br />
employees can identify <strong>with</strong> it. Obviously,<br />
<strong>the</strong> vision must <strong>in</strong>clude positive outcomes<br />
for <strong>the</strong> bus<strong>in</strong>ess, but it must also relate to<br />
<strong>the</strong> company’s reputation, what personal<br />
development opportunities it creates for<br />
<strong>the</strong> employees, a clear plan on how one<br />
can actually deliver on <strong>the</strong> vision and<br />
ways that <strong>the</strong> vision will positively<br />
impact <strong>the</strong>m, <strong>the</strong> key stakeholders and<br />
broader communities.<br />
And <strong>the</strong>re are advantages of be<strong>in</strong>g small or<br />
big – <strong>the</strong>y will attract <strong>the</strong> right type of talent<br />
look<strong>in</strong>g for a certa<strong>in</strong> opportunity that fit<br />
<strong>the</strong>ir specific needs.<br />
Christoph Hoffman, CEO of 25 hour<br />
hotels says, “Identify<strong>in</strong>g <strong>the</strong> high potential<br />
people is key, whe<strong>the</strong>r <strong>the</strong>y have little or a<br />
lot of hotel experience. 70% of <strong>the</strong> people<br />
who applied to 25h are very aware that<br />
we are different than <strong>the</strong> big names. The<br />
brand itself attracts <strong>the</strong> right people to<br />
<strong>the</strong> company. We want to focus more and<br />
more on our employer brand, namely how<br />
are we perceived. We want to identify <strong>the</strong><br />
match between our DNA and<br />
<strong>the</strong> people.”
Make it fun and learn from those<br />
who get it right<br />
IT companies like Google, entice people<br />
to jo<strong>in</strong> <strong>the</strong> <strong>in</strong>dustry. They have even made<br />
geeky “cool”. This sort of fresh th<strong>in</strong>k<strong>in</strong>g<br />
helps to reta<strong>in</strong> good young talent. We need<br />
to look at forward th<strong>in</strong>k<strong>in</strong>g bus<strong>in</strong>esses (e.g.<br />
Apple Stores/fashion houses & boutiques)<br />
and be <strong>in</strong> sync <strong>with</strong> <strong>the</strong> modern world.<br />
Stephen Walden of Maybourne Hotel<br />
Group says,” My mantra is “create a place<br />
where people want to be” and that covers<br />
both guests and colleagues.”<br />
Many young people are concerned that<br />
<strong>the</strong> <strong>in</strong>dustry is stressful, that <strong>the</strong> work<br />
environment is poor and that job security<br />
is non-existent. The fact is <strong>in</strong> bank<strong>in</strong>g<br />
depend<strong>in</strong>g on whe<strong>the</strong>r you are <strong>in</strong> M&A,<br />
Trad<strong>in</strong>g or Investment Bank<strong>in</strong>g you are<br />
work<strong>in</strong>g a m<strong>in</strong>imum of 16 hours <strong>in</strong>clud<strong>in</strong>g<br />
most weekends and holidays. Somehow<br />
still <strong>the</strong> bonus at <strong>the</strong> end of <strong>the</strong> year seems<br />
to make it worthwhile. What our <strong>in</strong>dustry<br />
needs is for <strong>the</strong> young to feel proud of<br />
Peter Strebel, of Omni Hotels says,<br />
“In North America, Conta<strong>in</strong>er Store<br />
consistently gets ranked as one of <strong>the</strong><br />
top choice of employers – so what we<br />
do is spend time <strong>with</strong> <strong>the</strong>se companies<br />
to learn how <strong>the</strong>y keep <strong>the</strong>ir associates<br />
happy. More hotel companies need to<br />
learn from unrelated bus<strong>in</strong>esses<br />
or specific companies to <strong>in</strong>crease<br />
employee satisfaction.”<br />
work<strong>in</strong>g <strong>the</strong> weekend or an odd shift and<br />
have so much fun while at it that <strong>the</strong>y can<br />
talk about it on Monday morn<strong>in</strong>g <strong>with</strong> an<br />
<strong>in</strong>fectious enthusiasm and sense of pride.<br />
People work<strong>in</strong>g <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry are strongly<br />
united on <strong>the</strong> best th<strong>in</strong>gs about <strong>the</strong> job<br />
be<strong>in</strong>g <strong>the</strong> congenial colleagues and <strong>the</strong><br />
workplace atmosphere. This aspect is<br />
particularly important to young people,<br />
and is <strong>the</strong>refore needs to be emphasised<br />
as one of <strong>the</strong> ma<strong>in</strong> messages.<br />
Wolfgang Neumann, “Our <strong>in</strong>dustry is too<br />
traditional, we need to <strong>in</strong>novate, learn from<br />
o<strong>the</strong>rs and break down <strong>the</strong> hierarchies.<br />
Our society is chang<strong>in</strong>g. It is obvious we<br />
need to th<strong>in</strong>k different.”<br />
15<br />
3. Make <strong>the</strong> sector f<strong>in</strong>ancially<br />
attractive – Remuneration<br />
should be about “total<br />
rewards” not just salaries<br />
<strong>Hospitality</strong> <strong>in</strong>dustry needs to be at <strong>the</strong><br />
forefront of attract<strong>in</strong>g and reta<strong>in</strong><strong>in</strong>g talent<br />
by br<strong>in</strong>g<strong>in</strong>g <strong>in</strong> employment benefits and<br />
flexible work arrangements for staff<br />
whilst educat<strong>in</strong>g <strong>the</strong>ir employees on a<br />
‘total rewards perspective’ that <strong>in</strong>volves<br />
consider<strong>in</strong>g base pay, variable pay, benefits<br />
and work-life balance toge<strong>the</strong>r. There is<br />
a critical need for companies to keep <strong>the</strong><br />
critical talent pool grow<strong>in</strong>g - not necessarily<br />
through or only through salaries, but<br />
Guy Hutch<strong>in</strong>son, COO of Rotana Hotels<br />
& Resorts says, “If you are passionate<br />
you can grow <strong>in</strong> this <strong>in</strong>dustry like <strong>in</strong> no<br />
o<strong>the</strong>r <strong>in</strong>dustry. People compla<strong>in</strong> about<br />
low pay <strong>in</strong> our <strong>in</strong>dustry and it is true that<br />
work<strong>in</strong>g <strong>in</strong> hotels is not a straight path to<br />
become <strong>the</strong> richest person <strong>in</strong> <strong>the</strong> world<br />
but it is not <strong>the</strong> same as say<strong>in</strong>g we do so<br />
badly at all. I often speak at hotel schools<br />
and tell <strong>the</strong>m when asked – look out of<br />
<strong>the</strong> w<strong>in</strong>dow this is <strong>the</strong> car I drove<br />
here <strong>in</strong> – it is not a sob story.”<br />
Frank Fiskers<br />
President & CEO<br />
Scandic Hotels<br />
Christopher Cowdray<br />
CEO<br />
Dorchester Collection<br />
Abid Butt<br />
CEO<br />
Banyan Tree Hotels & Resorts<br />
Raul Gonzalez<br />
CEO<br />
Barcelo Hotels & Resorts<br />
Wolfgang M. Neumann<br />
CEO<br />
Rezidor Group<br />
Lilian Roten<br />
Head<br />
Swissotel Hotels & Resorts<br />
Rakesh Sarna<br />
CEO<br />
Taj Hotels<br />
Michael Wale<br />
Group President EMEA<br />
Starwood Hotels & Resorts
16<br />
through experience, responsibility and<br />
o<strong>the</strong>r <strong>in</strong>tangibles.<br />
Vivek Nair, Chairman & CEO, Leela Hotels<br />
and Resorts says, “On a remuneration<br />
basis we might not be market leaders<br />
but what we can provide <strong>in</strong>stead is a very<br />
steady career path and fast track growth.<br />
We believe this can dist<strong>in</strong>guish us.”<br />
Often, tailored benefits, like <strong>in</strong>surance or<br />
<strong>the</strong> flexibility to work from home, can be<br />
worth as much as a pay raise. The cost of<br />
provid<strong>in</strong>g <strong>the</strong>se benefits is much lower than<br />
<strong>the</strong> perceived value by employees, and can<br />
partly take care of lesser ‘salary <strong>in</strong>creases’.<br />
Such benefits are practical as <strong>the</strong>y are less<br />
costly than comparable pay <strong>in</strong>creases,<br />
and <strong>the</strong>y give a unique proposition to<br />
<strong>the</strong> workforce. This is an easy way to<br />
maximise <strong>the</strong> companies’ returns on such<br />
costs <strong>with</strong>out <strong>in</strong>creas<strong>in</strong>g across-<strong>the</strong>board<br />
expenses. Employees should be<br />
encouraged to th<strong>in</strong>k that <strong>the</strong>y are worthy of<br />
best-<strong>in</strong>-class perks. Most companies have<br />
a remuneration package that is base salary<br />
driven. If companies had a performance<br />
driven component it could actually <strong>in</strong>stil<br />
a strong spirit of entrepreneurialism and<br />
partnership <strong>in</strong> <strong>the</strong> team so <strong>the</strong> young feel<br />
<strong>the</strong>y belong way more.<br />
Rakesh Sarna, CEO of Taj Group says, “In<br />
general, <strong>the</strong> talent management practices<br />
<strong>in</strong> hotel <strong>in</strong>dustry are <strong>in</strong> a nascent stage.<br />
By develop<strong>in</strong>g <strong>the</strong> right k<strong>in</strong>d of talent<br />
management practices, one could make<br />
younger talent jo<strong>in</strong> <strong>the</strong> <strong>in</strong>dustry and stay<br />
<strong>with</strong> it. Interventions related to work life<br />
balance, joy at <strong>the</strong> workplace and <strong>in</strong><br />
life, allow<strong>in</strong>g an employee to f<strong>in</strong>d his/her<br />
natural talent and develop<strong>in</strong>g it etc. would<br />
make <strong>the</strong> <strong>in</strong>dustry much more attractive<br />
for younger generation.”<br />
Provide constant feedback and be<br />
transparent<br />
Any effective talent management strategy<br />
must be built to reta<strong>in</strong> and reward<br />
employees appropriately and mak<strong>in</strong>g<br />
f<strong>in</strong>ancial rewards transparent is a key<br />
element to it. This is essential for <strong>the</strong><br />
new generation which thrives by tak<strong>in</strong>g<br />
ownership and work towards <strong>the</strong> target.<br />
Lilian Roten, Head Swissotel Hotels &<br />
Resorts says, “We need to make sure that<br />
we are always communicative and foster<br />
an open door policy that allows our people<br />
to be au<strong>the</strong>ntic, forward th<strong>in</strong>k<strong>in</strong>g and most<br />
importantly question <strong>the</strong> status quo. This<br />
is especially relevant as a lot of what we<br />
learnt 30 years ago <strong>in</strong> hotel schools is not<br />
relevant anymore.”<br />
Mohammed Al Mulla, CEO Katara<br />
<strong>Hospitality</strong> says, “We value our<br />
responsibility to Qatar National Vision<br />
2030 and <strong>the</strong> role we play <strong>in</strong> <strong>the</strong> creation<br />
of a local knowledge economy. Tra<strong>in</strong><strong>in</strong>g<br />
and equipp<strong>in</strong>g Qatari nationals for<br />
successful careers <strong>in</strong> hospitality is one<br />
of <strong>the</strong> tasks at <strong>the</strong> top of our agenda.<br />
In light of that, conduct<strong>in</strong>g regular<br />
performance reviews and consultations<br />
<strong>with</strong> our employees also ensures we are<br />
identify<strong>in</strong>g <strong>the</strong> future stars early on <strong>in</strong> <strong>the</strong><br />
course of <strong>the</strong>ir development, so that <strong>the</strong>y<br />
can go on to management positions<br />
<strong>with</strong><strong>in</strong> our organisation. All of this helps<br />
to ensure that we are develop<strong>in</strong>g <strong>the</strong><br />
company’s future leaders from <strong>with</strong><strong>in</strong><br />
<strong>the</strong> bus<strong>in</strong>ess.”<br />
Tak<strong>in</strong>g a longer term view<br />
and stick<strong>in</strong>g to <strong>the</strong> promise <strong>in</strong><br />
hard times<br />
Hotel <strong>in</strong>dustry is extremely cyclical and<br />
bus<strong>in</strong>ess plans change frequently dur<strong>in</strong>g<br />
tough market situations – <strong>the</strong> <strong>in</strong>dustry has<br />
been guilty of fir<strong>in</strong>g at <strong>the</strong> bottom <strong>the</strong>reby<br />
los<strong>in</strong>g good people and hir<strong>in</strong>g <strong>the</strong>m back at<br />
<strong>the</strong> top at an <strong>in</strong>creas<strong>in</strong>g cost. This needs to<br />
change through countercyclical plann<strong>in</strong>g.<br />
The best talent needs to be shown plans<br />
that go fur<strong>the</strong>r than <strong>the</strong> recession, as this<br />
will motivate <strong>the</strong>m to stay <strong>with</strong> <strong>the</strong> company.<br />
Budget cuts may cause good employees<br />
to look for better opportunities and<br />
companies need to give <strong>the</strong>m reasons to<br />
stay by creat<strong>in</strong>g advancement opportunities.<br />
These steps will not only allow companies<br />
to keep <strong>the</strong>ir best employees <strong>in</strong> a downturn<br />
but also put <strong>the</strong>m <strong>in</strong> a much stronger<br />
position than <strong>the</strong> competition when <strong>the</strong><br />
good times come back.<br />
4. Make <strong>Talent</strong> Management<br />
a Core Part of <strong>the</strong> Strategy<br />
<strong>Talent</strong> Management should be<br />
everyone’s responsibility<br />
Every leader should be a role model – not<br />
only <strong>the</strong> CEO’s because often time’s people<br />
leave <strong>the</strong>ir immediate supervisor not <strong>the</strong><br />
CEO’s vision. Hence, at all levels people<br />
should assume that responsibility. It has to<br />
be a team effort – As a CEO it is def<strong>in</strong>itely a<br />
core obligation, but it is equally everyone’s<br />
responsibility to contribute <strong>in</strong> this regard.<br />
Gerald Lawless, Group CEO of Jumeirah<br />
says, “An enlightened, modern, flexible<br />
approach is absolutely necessary to<br />
cont<strong>in</strong>ue to attract young people to <strong>the</strong><br />
<strong>in</strong>dustry. The hours are not go<strong>in</strong>g to get<br />
shorter but <strong>the</strong>re are ways to provide<br />
flexibility that can make a difference. We<br />
are now talk<strong>in</strong>g about provid<strong>in</strong>g flexible<br />
tim<strong>in</strong>gs to parents who might have school<br />
drop offs to do <strong>in</strong> <strong>the</strong> morn<strong>in</strong>g hence a late<br />
start can make all <strong>the</strong> difference to <strong>the</strong>m.<br />
We are talk<strong>in</strong>g about job shar<strong>in</strong>g and part<br />
tim<strong>in</strong>g, crèche facilities for young mo<strong>the</strong>rs<br />
to welcome <strong>the</strong>m back to <strong>the</strong> jobs.“
17<br />
Normal Arundel, CEO, Rydges Hotels – “As<br />
a small company we don’t operate like a<br />
cha<strong>in</strong>. We see ourselves as a collection<br />
of bus<strong>in</strong>esses run by GM’s and place <strong>the</strong><br />
responsibility of talent on <strong>the</strong> person who<br />
runs that bus<strong>in</strong>ess. What we try to do is<br />
f<strong>in</strong>d people who have special talent and<br />
once we have <strong>the</strong>m push <strong>the</strong>m forward.<br />
He adds, “One th<strong>in</strong>g we have discovered<br />
is you can’t corporatize <strong>Talent</strong><br />
management. We can’t delegate it to<br />
HR or any one department. We don’t<br />
systemise it so we simply make it part of<br />
<strong>the</strong> KPI for every s<strong>in</strong>gle member so it is<br />
considered as someth<strong>in</strong>g everyone needs<br />
to practice. The catch is we tell people –<br />
if you want to progress you need to make<br />
people <strong>in</strong> your bus<strong>in</strong>ess progress.”<br />
Recruitment is critical – hire people<br />
for <strong>the</strong> job <strong>the</strong>y will do<br />
Hotel companies also need to move away<br />
from over promis<strong>in</strong>g. It is common to have<br />
hotel companies promise <strong>the</strong> world and<br />
<strong>in</strong>vite young talent to be part of <strong>the</strong> most<br />
dynamic, fastest grow<strong>in</strong>g or most awarded<br />
company where you can grow <strong>the</strong> ranks to<br />
be <strong>the</strong> General Manager or CEO.<br />
For a House keep<strong>in</strong>g department employee<br />
(which is a very important job) – hotel<br />
companies very clear mandate should be<br />
to provide <strong>the</strong> correct job profile and recruit<br />
for that job profile as aga<strong>in</strong>st recruit<strong>in</strong>g for<br />
<strong>the</strong> CEO. If we have 30 – 40% turnover <strong>in</strong><br />
<strong>the</strong> <strong>in</strong>dustry it happens for a reason.<br />
Rupert Simoner, CEO, VI International<br />
says, “In talent management hotel<br />
companies have generally focussed on<br />
all parts of <strong>the</strong> process except on <strong>the</strong><br />
recruitment part. We call th<strong>in</strong>gs differently<br />
now – <strong>in</strong>stead of a waiter it might be a<br />
server and <strong>the</strong> job description has evolved<br />
to read more <strong>in</strong>terest<strong>in</strong>g. But we are still<br />
fish<strong>in</strong>g <strong>in</strong> <strong>the</strong> same pond. The key is to<br />
look at motivated people not necessarily<br />
from hotel schools or apprenticeship<br />
programs but just as much at 30+ career<br />
changers who might be look<strong>in</strong>g for<br />
someth<strong>in</strong>g different <strong>in</strong> life.”<br />
Lothar Pehl, Head of Global Initiatives<br />
Starwood says, “There is limited merit <strong>in</strong><br />
mak<strong>in</strong>g a candidate go through multiple<br />
rounds of psychometric tests if <strong>the</strong> job<br />
<strong>the</strong>y eventually have to perform has<br />
noth<strong>in</strong>g remotely <strong>in</strong>tellectual about it.”<br />
Empower your Human Resources<br />
Team<br />
With <strong>the</strong> unprecedented <strong>in</strong>crease <strong>in</strong> luxury<br />
hotel open<strong>in</strong>gs, <strong>the</strong> young talent today<br />
have lots of career opportunities.<br />
Dilip Rajakarier, CEO of M<strong>in</strong>or Hotel<br />
Group says, “In most organisations, HR<br />
is driven by policies and procedures and<br />
unfortunately people hide beh<strong>in</strong>d <strong>the</strong>se<br />
policies. People say – we can’t do this or<br />
that. In our case if we f<strong>in</strong>d <strong>the</strong> right person,<br />
we make it happen. Because from a simple<br />
cost benefit analysis we know <strong>the</strong> right<br />
person will <strong>in</strong>deed pay his <strong>in</strong>vestment many<br />
times over. More importantly, <strong>the</strong> candidate<br />
will appreciate us for go<strong>in</strong>g that extra<br />
mile and it makes him committed to <strong>the</strong><br />
company. You have to break rules and you<br />
cannot hide beh<strong>in</strong>d policies and procedures.<br />
You need to be creative. Don’t tie <strong>the</strong> hands<br />
of <strong>the</strong> young and ask <strong>the</strong>m to swim.”<br />
Pull out all stops to reta<strong>in</strong> <strong>the</strong><br />
best talent<br />
The <strong>in</strong>dustry is grow<strong>in</strong>g at a tremendous<br />
pace and is probably not do<strong>in</strong>g anywhere<br />
near enough what it can to attract<br />
young talent. 58% of CEO’s <strong>in</strong>terviewed<br />
expressed concern about o<strong>the</strong>r <strong>in</strong>dustries<br />
aggressively recruit<strong>in</strong>g and poach<strong>in</strong>g <strong>the</strong><br />
hotel school graduates for <strong>the</strong>ir transferable<br />
skills and attitude. Fur<strong>the</strong>r, elite hotel<br />
schools state statistics that only 30% of<br />
students who study hospitality actually<br />
rema<strong>in</strong> <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry and an even lower<br />
percentage actively jo<strong>in</strong> hotel operations.<br />
This is a clear <strong>in</strong>dication that <strong>the</strong> <strong>in</strong>dustry is<br />
simply not <strong>in</strong>vest<strong>in</strong>g enough time or money<br />
<strong>in</strong> gett<strong>in</strong>g people to want to stay.<br />
Puneet Chhatwal, CEO Steigenberger<br />
Hotels and Resorts says,” The new age<br />
talent challenge is not just about hir<strong>in</strong>g<br />
or tra<strong>in</strong><strong>in</strong>g <strong>the</strong> right people. It is just as<br />
important to keep people motivated and<br />
engaged – it is about reta<strong>in</strong><strong>in</strong>g <strong>the</strong> best<br />
talent. This is even more relevant <strong>in</strong> our<br />
<strong>in</strong>dustry where we have to make <strong>the</strong> extra<br />
effort to keep <strong>the</strong> best <strong>with</strong><strong>in</strong> our <strong>in</strong>dustry<br />
first and <strong>the</strong>n our respective companies.”<br />
Perhaps <strong>in</strong> many ways we have become<br />
conservative <strong>in</strong> our bus<strong>in</strong>ess about giv<strong>in</strong>g<br />
responsibility to <strong>the</strong> young. Employers need<br />
to take need to take more risks <strong>with</strong> young<br />
graduates and let <strong>the</strong>m know that <strong>the</strong>y<br />
will not be put <strong>the</strong>m on jobs way below<br />
<strong>the</strong>ir capacity but <strong>in</strong>stead are go<strong>in</strong>g to<br />
challenged. We are go<strong>in</strong>g to give you a job<br />
<strong>with</strong> responsibility. The hotel schools are<br />
turn<strong>in</strong>g out great people – it is up to us to<br />
give <strong>the</strong>m more responsibility.<br />
58% of CEO’s <strong>in</strong>terviewed expressed concern about o<strong>the</strong>r <strong>in</strong>dustries<br />
aggressively recruit<strong>in</strong>g and poach<strong>in</strong>g <strong>the</strong> hotel school graduates for<br />
<strong>the</strong>ir transferable skills and attitude.
18<br />
<strong>in</strong>dividual development goals than to<br />
have established traditional development<br />
stages. Communication should <strong>the</strong>refore<br />
emphasise that <strong>the</strong> <strong>in</strong>dustry offers great<br />
opportunities for that k<strong>in</strong>d of <strong>in</strong>dividually<br />
tailored development, not only for people<br />
who are happy to stay where <strong>the</strong>y are but<br />
also for those who want to progress. The<br />
<strong>in</strong>dustry also offers ample opportunities to<br />
tailor hours and capacity to life stage and<br />
personal preferences.<br />
Abid Butt, CEO of Banyan Tree Hotels<br />
says, “The Millennials need establish<strong>in</strong>g<br />
clear development plans and career paths.<br />
Organisations have to cont<strong>in</strong>ue identify<strong>in</strong>g<br />
and acknowledg<strong>in</strong>g deserv<strong>in</strong>g employees<br />
and determ<strong>in</strong>e those employees that<br />
contribute significantly more than o<strong>the</strong>rs.<br />
We also need to review long term pay<br />
trends <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry – especially for <strong>the</strong><br />
right candidate.”<br />
Us<strong>in</strong>g <strong>the</strong> exit <strong>in</strong>terviews to<br />
your advantage<br />
In <strong>the</strong> employee employer lifecycle and<br />
association, an important <strong>in</strong>teraction that<br />
is often overlooked is <strong>the</strong> moment <strong>the</strong>y<br />
say good bye. When employees leave, it<br />
is important that <strong>the</strong>y leave happy and <strong>in</strong><br />
good terms. This is especially important<br />
for <strong>the</strong> young generation as <strong>the</strong>y are highly<br />
communicative on all social platforms<br />
about <strong>the</strong>ir experience. A happily sent off<br />
employee is not only more likely to return,<br />
<strong>the</strong>y will also cont<strong>in</strong>ue to be ambassadors<br />
for <strong>the</strong> company.<br />
Glo Hotels CEO, Aarne Hall, “Exit<br />
<strong>in</strong>terviews are such a great way to learn<br />
about what went wrong, why are people<br />
leav<strong>in</strong>g – every company should focus<br />
on it. And if it has been done well, you<br />
will know as <strong>the</strong> person will come back to<br />
jo<strong>in</strong> <strong>the</strong> firm after a few years. That is <strong>the</strong><br />
best feel<strong>in</strong>g.”<br />
Successful companies encourage staff<br />
to make career changes that it’s <strong>in</strong> <strong>the</strong>ir<br />
best <strong>in</strong>terests.<br />
Frederic Simon, CEO of Alila Hotels says,<br />
“I believe <strong>in</strong> go<strong>in</strong>g all out to develop <strong>the</strong><br />
Beat Sigg, CEO, Victoria Jungfrau<br />
Collection says, “I am a firm believer<br />
that people should go out, change, and<br />
improve <strong>the</strong>ir perspective and return if and<br />
when <strong>the</strong>y f<strong>in</strong>d <strong>the</strong> best fit for <strong>the</strong>mselves.<br />
It is our aim and responsibility to give our<br />
brightest and best what <strong>the</strong>y need - <strong>in</strong> our<br />
company or help <strong>the</strong>m get it elsewhere.<br />
The idea is always to br<strong>in</strong>g <strong>the</strong>m back.<br />
As a small company this is especially<br />
important for us to offer and engage <strong>the</strong><br />
new generation. Some are eager to move<br />
forward and for us <strong>the</strong> difficulty is we can’t<br />
make it happen <strong>in</strong>ternally all <strong>the</strong> time. So<br />
our focus is to stay <strong>in</strong> touch and <strong>in</strong> <strong>the</strong><br />
future, whenever <strong>the</strong>re is an open<strong>in</strong>g we<br />
reach <strong>the</strong> right people if we have stayed <strong>in</strong><br />
touch all along.”<br />
right talent. You have to create a culture<br />
of learn<strong>in</strong>g and development. This means<br />
hav<strong>in</strong>g a plan for your best talent <strong>in</strong>stead<br />
of <strong>the</strong> tendency to say “he is do<strong>in</strong>g such<br />
a great job so let’s make sure he stays on<br />
<strong>the</strong> job”.<br />
5. Offer <strong>in</strong>dividually tailored<br />
development plans and<br />
flexibility<br />
Personal development is <strong>the</strong> new career<br />
mantra for young people generally.<br />
It is more important for <strong>the</strong>m to have<br />
Only 30% of students who study hospitality<br />
actually rema<strong>in</strong> <strong>in</strong> <strong>the</strong> <strong>in</strong>dustry and even lower<br />
percentages actively jo<strong>in</strong> hotel operations.<br />
Raul Gonzalez, CEO, Barcelo Hotels<br />
& Resorts says, “From our experience,<br />
Generation Y are not desperate or overly<br />
keen to move or be mobile unlike what is<br />
popular perception. Those who are mobile<br />
still have limitations. So it is a personal<br />
story and has to be dealt case to case as<br />
it should be.”<br />
Young generation have different demands<br />
– <strong>the</strong>y want managers <strong>the</strong>y can respect<br />
and <strong>the</strong>y also expect clear leadership<br />
paths and roles of <strong>the</strong> manager be<strong>in</strong>g<br />
one of a coach than a commander. They<br />
also need constant feedback and clarity<br />
<strong>in</strong> communication. This requires that <strong>the</strong><br />
<strong>in</strong>dustry needs to be more focussed on<br />
leadership and management tra<strong>in</strong><strong>in</strong>g. If we<br />
have to successfully encourage employees<br />
to stay and build <strong>the</strong>ir careers <strong>in</strong> <strong>the</strong><br />
<strong>in</strong>dustry <strong>the</strong>re has to be ways of develop<strong>in</strong>g<br />
more career development opportunities.<br />
Generation Y needs variety – to keep <strong>the</strong><br />
<strong>in</strong>terest levels high, <strong>the</strong> key is to allow <strong>the</strong><br />
young to personalise <strong>the</strong>ir experience and<br />
choose what excites <strong>the</strong>m.<br />
The young have always been <strong>in</strong> a hurry<br />
and it is not that th<strong>in</strong>gs are different today.<br />
Everyone needs a good salary. The young<br />
also need a sense of ownership and sense<br />
of mak<strong>in</strong>g a difference. And I am sure<br />
most will agree that seek<strong>in</strong>g a sense of<br />
recognition and ownership is not such a<br />
hard ask.
19<br />
Why is <strong>the</strong> hotel<br />
<strong>in</strong>dustry such an<br />
excit<strong>in</strong>g place to be<br />
- THE CEO’s<br />
ELEVATOR PITCH<br />
Golden age of travel and a<br />
growth <strong>in</strong>dustry<br />
We are an <strong>in</strong>dustry of <strong>the</strong> future<br />
expect<strong>in</strong>g strong growth go<strong>in</strong>g<br />
forward <strong>in</strong> terms of both domestic<br />
consumption and foreign visitors.<br />
Our <strong>in</strong>dustry is one of <strong>the</strong> largest<br />
global employers, we drive large %<br />
of GDP <strong>in</strong> many countries, tourism<br />
is grow<strong>in</strong>g and for anybody who<br />
jo<strong>in</strong>s <strong>the</strong> <strong>in</strong>dustry, <strong>the</strong>re couldn’t be<br />
a better time.<br />
Fast track to be<strong>in</strong>g an<br />
entrepreneur<br />
Barriers to entry <strong>in</strong> this <strong>in</strong>dustry to an<br />
entrepreneurial venture or ancillary<br />
bus<strong>in</strong>ess support<strong>in</strong>g <strong>the</strong> bus<strong>in</strong>ess are<br />
not very high. Hence, <strong>the</strong> experience<br />
of work<strong>in</strong>g <strong>in</strong> this <strong>in</strong>dustry can help<br />
you become a boss of your own faster<br />
than any o<strong>the</strong>r <strong>in</strong>dustry – if that’s what<br />
one wants.<br />
Unprecedented career<br />
opportunities<br />
This is a meritocratic <strong>in</strong>dustry and<br />
<strong>the</strong>re is possibly no o<strong>the</strong>r place where<br />
you can still get to <strong>the</strong> top armed <strong>with</strong><br />
<strong>the</strong> right skills and common sense.<br />
Where it might take 15 – 20 years for<br />
a candidate to be <strong>the</strong> GM of a big<br />
division <strong>in</strong> ano<strong>the</strong>r bus<strong>in</strong>ess<br />
(as an example heavy <strong>in</strong>dustries), for a<br />
good hotelier a GM position is possible<br />
<strong>in</strong> a matter of half that time.<br />
Travel and passion for f<strong>in</strong>er<br />
th<strong>in</strong>gs <strong>in</strong> life<br />
This <strong>in</strong>dustry can offer you a job <strong>in</strong><br />
any corner of <strong>the</strong> world. Work<strong>in</strong>g <strong>in</strong><br />
hospitality is a fasc<strong>in</strong>at<strong>in</strong>g opportunity<br />
to tour <strong>the</strong> world and live and work<br />
<strong>with</strong> varied cultures, languages and<br />
people. If you have a genu<strong>in</strong>e love<br />
for art, ambience, luxury, food or<br />
w<strong>in</strong>e, work<strong>in</strong>g <strong>in</strong> <strong>the</strong> bus<strong>in</strong>ess can be<br />
extremely enjoyable.<br />
The pace and <strong>the</strong> pulse<br />
This is a bus<strong>in</strong>ess that is rich <strong>in</strong> life<br />
experiences. It is a job where when<br />
you go to work <strong>in</strong> <strong>the</strong> morn<strong>in</strong>g and you<br />
can’t be sure what will happen – it is<br />
anyth<strong>in</strong>g but static or predictable and<br />
bor<strong>in</strong>g. If you crave for adventure –<br />
you can be excited every day of your<br />
work<strong>in</strong>g life.<br />
Work<strong>in</strong>g <strong>with</strong> people is <strong>the</strong><br />
most reward<strong>in</strong>g th<strong>in</strong>g you<br />
can do<br />
Mak<strong>in</strong>g o<strong>the</strong>r people feel good is<br />
someth<strong>in</strong>g to be proud of. Provid<strong>in</strong>g<br />
good service is hard, and requires<br />
skill and expertise and if you have <strong>the</strong><br />
passion for deal<strong>in</strong>g <strong>with</strong> people one<br />
can really make a difference to<br />
ano<strong>the</strong>r person.
20<br />
About <strong>the</strong> Author<br />
Aradhana Khowala<br />
Aradhana is Manag<strong>in</strong>g Partner at Bridge.Over Group and for <strong>the</strong> past six years has overseen <strong>the</strong> rapid growth of its strategy consult<strong>in</strong>g<br />
bus<strong>in</strong>ess. Passionate about people and transform<strong>in</strong>g companies, her comb<strong>in</strong>ed experience <strong>in</strong> <strong>the</strong> Hotel and <strong>Hospitality</strong> Consult<strong>in</strong>g<br />
<strong>in</strong>dustry has spanned Europe, Asia, Middle East and Africa over <strong>the</strong> last 15 years. Prior to Bridge.Over, she was work<strong>in</strong>g for Jones Lang<br />
LaSalle <strong>in</strong> London and before that for a Strategy Consult<strong>in</strong>g practice <strong>in</strong> Europe as well as <strong>in</strong> Operations for a Global hotel cha<strong>in</strong><br />
<strong>in</strong> Asia.<br />
Aradhana has executed consult<strong>in</strong>g mandates <strong>in</strong> over 35 countries globally and her particular <strong>in</strong>terest lies <strong>in</strong> help<strong>in</strong>g hotels and owners<br />
<strong>with</strong> strategic reviews, project feasibilities, elaborat<strong>in</strong>g bus<strong>in</strong>ess plans, turn-around restructur<strong>in</strong>gs and buy side due diligence. Apart from<br />
strategy, she is especially focussed on manag<strong>in</strong>g <strong>the</strong> issue of talent and its pipel<strong>in</strong>e development <strong>in</strong> emerg<strong>in</strong>g and frontier markets <strong>in</strong><br />
Africa and currently work<strong>in</strong>g towards ensur<strong>in</strong>g <strong>the</strong>re are sufficient educational and vocational tra<strong>in</strong><strong>in</strong>g <strong>in</strong>stitutes to susta<strong>in</strong>ably fuel <strong>the</strong><br />
growth of tourism <strong>in</strong> <strong>the</strong> region.<br />
In 2014, she was featured by Swiss Economic magaz<strong>in</strong>e Bilan as one of <strong>the</strong> next generation leaders who will likely def<strong>in</strong>e <strong>the</strong> future<br />
of <strong>the</strong> hospitality <strong>in</strong>dustry. Aradhana has a bachelor’s degree <strong>in</strong> Hotel Management from IHM Mumbai <strong>in</strong> India, an MBA <strong>in</strong> International<br />
<strong>Hospitality</strong> from Ecole hôtelière de Lausanne <strong>in</strong> Switzerland and an Advanced Program <strong>in</strong> Hotel Real Estate Investments from Cornell<br />
University, New York. A keen <strong>in</strong>dustry practitioner, she speaks regularly at <strong>in</strong>dustry conferences, has authored many articles on a range<br />
of diverse hospitality related topics and serves on <strong>the</strong> Advisory Board of BE Health – a charity that aims to prevent HIV/AIDS and<br />
Tuberculosis <strong>in</strong> Asia and Africa.
21<br />
About Bridge.Over Group<br />
Bridge.Over Group is a boutique strategy consult<strong>in</strong>g firm dedicated to solv<strong>in</strong>g bus<strong>in</strong>ess<br />
challenges for hospitality visionaries across <strong>the</strong> globe. Sought after by hotel owners,<br />
<strong>in</strong>vestors and management companies alike for its entrepreneurial way of th<strong>in</strong>k<strong>in</strong>g,<br />
Bridge. Over Group is a partner of choice for companies seek<strong>in</strong>g fresh ideas for<br />
change and improvement <strong>in</strong> <strong>the</strong> hospitality and tourism <strong>in</strong>dustries.<br />
Bridge.over Group SA<br />
28 Boulevard du Pont d’Arve<br />
1205 Geneva, Switzerland<br />
T: +44 78 8186 6049<br />
E: aradhana.khowala@bridge-over.com<br />
W: www.bridge-over.com<br />
About World Tourism Forum Lucerne<br />
World Tourism Forum Lucerne is a highly exclusive, <strong>in</strong>dependent and global platform<br />
where <strong>the</strong> top Management of hospitality, tourism and leisure companies from around<br />
<strong>the</strong> globe can meet a selection of handpicked current and future leaders as Next<br />
Generation Participants. World Tourism Forum Lucerne is led by Prof. Mart<strong>in</strong> Barth<br />
and is unique <strong>in</strong> be<strong>in</strong>g <strong>the</strong> only global event <strong>in</strong> travel and tourism <strong>with</strong> a high priority<br />
and clear focus on <strong>the</strong> <strong>in</strong>tegration of tomorrow’s <strong>in</strong>dustry leaders <strong>with</strong> <strong>the</strong> exist<strong>in</strong>g<br />
top management. Dur<strong>in</strong>g April 23 – 24, 2015 this year’s summit will convene aga<strong>in</strong> <strong>in</strong><br />
Lucerne, Switzerland, where three generations, <strong>the</strong> public and private sector as well<br />
as all <strong>the</strong> different segments of our sector will meet <strong>in</strong> one room and work toge<strong>the</strong>r on<br />
<strong>the</strong> future of our <strong>in</strong>dustry.<br />
Prof Mart<strong>in</strong> Barth<br />
World Tourism Forum Lucerne<br />
c/o Lucerne School of Bus<strong>in</strong>ess<br />
Institute of Tourism<br />
Rösslimatte 48, P.O. Box 2940<br />
6002 Lucerne, Switzerland<br />
T: +41 (0) 41 228 99 80<br />
E: mart<strong>in</strong>.barth@wtflucerne.org<br />
W: www.wtflucerne.org
Bridge.over Group SA<br />
28 Boulevard du Pont d’Arve<br />
1205 Geneva, Switzerland<br />
T: +44 78 8186 6049<br />
E: aradhana.khowala@bridge-over.com<br />
W: www.bridge-over.com