Castell Project’s annual benchmark report on “Women in Hospitality Industry Leadership 2019” is now available at no charge.
Women are now about half of director-level employees in hotel companies, which is progress. But, only one in 22 CEOs and one in nine presidents are women. There clearly is a disconnect where highly competitive women are not being considered for promotion.
Data driven companies and broad international studies show that companies with gender diverse leadership drive higher profits. A move from no female leaders to 30 percent representation is associated with a 15 percent increase in the net revenue margin, according to a study of 22,000 firms.
The Castell Project appreciates the support of American Hotel & Lodging Educational Foundation, which brings this annual research project to you. And we appreciate your interest in opening leadership opportunities to strong contributors throughout the hotel industry.