Opinion Articles

CEO Pay in Hospitality 2023

The last time we did our CEO pay study it was pre-Covid, and things were looking very bright. Then the bottom fell out. Now in a post-Covid environment, it’s interesting to see some companies experiencing total recovery, while others have faced longer structural change. For example, public hotel companies, by and large, have had stock prices completely recovered, versus cruise lines, which have seen stock prices that have remained depressed by nearly 50%. Likewise, CEO pay has rebounded in a similar fashion.

Exploring the future of higher education with Luciana Vaccaro

Rector of HES-SO and president of swissuniversities, Dr Luciana Vaccaro, presented her priorities in the evolving higher education landscape and looked at ways of strengthening the collaboration with EHL at this important moment in time. Against the backdrop of global challenges, tech advancements and changing paradigms in teaching and learning, three overarching themes emerge as the critical pillars supporting the strategic trajectory of modern higher education for both HES-SO and EHL: internationalization, digitalization and continued learning - Welcome to the future of higher education!

The Power of Team Collaboration in Delivering Exceptional Guest Experiences

The success of the hospitality sector depends heavily on its ability to provide outstanding visitor experiences, which is mostly dependent on teamwork. In a time when client happiness is crucial, a team's combined effort becomes the key to success. This synergy enhances the efficiency and productivity of the service delivery and fosters an environment where innovative solutions to guest needs are born. Collaborative teams in hospitality can adapt more swiftly to the dynamic preferences of guests, ensuring personalized and memorable experiences. Moreover, when a team works in harmony, it leverages the diverse skills and perspectives of its members, leading to a richer, more nuanced approach to guest service.

How To Train Your Hospitality Staff for Any Emergency

Preparedness is a key element of effective hospitality. Guests at your hotel, resort, or other activity or accommodation should feel safe and looked after at all times. It’s crucial that your hospitality staff is also equipped to handle emergency situations. Learn how to train employees to assess risks, prevent adverse situations, and respond swiftly in times of crisis.

Exploring cultural diversity and sensitivity in luxury markets

In terms of breaking into new foreign markets, cultural sensitivity emerges as a pivotal factor in establishing trust and meaningful connections with customers rooted in their particular cultural identities and values. Based on a recent SBP, we discover the similarities and differences of three key global markets, (the UK, Japan and India), with special attention paid to the nuances that define them in the eyes of a Swiss luxury brand wanting to appeal to a new and diverse customer base.

Skills-based talent management in hospitality and tourism

Recent studies have proven that employees can be a major source of competitive advantage, but they must be managed effectively and considerately to reap those benefits. The industry presents unique challenges for employees and managers, such as long working hours, stressful customer interactions, seasonal rushes, and working on weekends. On top of these challenges, the industry is currently facing a talent shortage, making talent management even more critical.

Best education system in the world: The success of the swiss VET model

Switzerland may be small in size, but it is home to the world’s most innovative economy, ranking first in the world according to the World Intellectual Property Organization's 2023 Global Innovation Report. It’s also the kind of place where an apprentice can one day become a President of the Swiss Confederation, a CEO of the largest Swiss banking institution in the world or a Director of one of the country’s biggest open-air music festivals.

Generation Z work ethic: Defending the younger working generation

In a recent interview for the Guardian, the famous Hollywood star Jodie Foster said that Generation Z is “really annoying” to work with. Her comments have contributed to the ongoing debate regarding Gen Z’s work ethic. According to FOX news, it seems that Generation Z does not have the same spirit of abnegation, demands higher pay, and is more concerned about their work/life balance.