Human Resources Reports - Hospitality Net

December 8, 2002

Hotel Companies May Be Subject to Shareholder Approval on Option Re-Pricing - By Keith Kefgen & Doug Rosen - HVS Executive Search

In light of recent corporate scandals, several public agencies have championed new regulations in an effort to regain public trust in corporate America. Recently, the New York Stock Exchange made several proposals to the Securities and Exchange Commission to both modify existing, and add new corporate governance listing standards. This article will focus on the NYSE's recommendation that shareholders must be given the opportunity to vote on all equity compensation plans, specifically option re-pricing.

HVS

Report

November 18, 2002

Audio Interview w/ David W. Butler, Dean of the Cornell University Hotel School - Discussing eCornell, Priorities in Recruiting New Talent and the Future of the Hotel School

Cornell University - a name at the top of the list when one considers a quality education in preparation for a career in the hotel industry. In this streaming audio interview from NYC, we sit down with Cornell University Hotel School Dean David W. Butler to discuss what Cornell is doing to find future leaders in the industry. Have times changed? Can Cornell live by reputation alone? David Butler gives us his thoughts, an introduction to eCornell and more. Today's School of Hotel Administration is the most sophisticated service-oriented management school in the world. The Hotel School is home to 850 undergraduates from the United States and 42 countries, 120 graduate students (master's and Ph.D. degrees), and more than 1,700 industry professionals from 90 countries enrolled in executive education. Each year about 250 industry leaders visit Cornell to lecture, confer, and offer guidance to our students. More than 100 hospitality companies recruit our students for full-time and summer employment.

Report

November 17, 2002

HVS Publishes Updated Canadian Lodging Outlook

HVS in Canada is well recognized for our comprehensive feasibility studies, easy-to-understand hotel appraisals, strata-title hotel appraisals, assistance with management and franchise negotiations, and selective asset management. As our professionals hold both the AACI and the MAI (member of the Appraisal Institute in the United States) designations, we can work for clients (and our reports are accepted) on both sides of the border.

HVS

Report

May 30, 2002

On the wrong track? Employment issues in the UK hotel industry- By Jake Egberts, consultant, hotel consultancy services, PKF (PKF Opinion Piece)

'WANTED', I read on my daily SouthWest train journey into London Waterloo, 'staff who fulfil the following criteria: minimum of 18 years of age, enthusiastic, ability to deal with the public in a professional manner and willing to do shift work.'

PKF

Report

May 26, 2002

Executive Talent in a Changing Environment - By: Michael S. Kogen - HVS International Executive Search

Hospitality executives face the daunting task of identifying business practices and organizational structures that will allow their companies to succeed in a swift global environment. The future success of lodging organizations will be driven by the ability of executives to identify, predict, interpret and capitalize on trends in a fast-changing competitive market, while keeping in mind the clear mission: satisfying the needs of the customer.

HVS

Report

May 20, 2002

Director Pay in Public Hotel Companies - By: Keith Kefgen & Michael S. Kogen - HVS Executive Search

The old axiom, "you get what you pay for," implies that all things have a price/value relationship. However, paying the highest price does not always ensure getting the best quality. In the world of corporate governance, human capital is the commodity, and it too has a price. Our recent study of Director compensation takes a look at the price/value relationship and compares the hotel, restaurant and gaming segments of the hospitality industry. All data contained in our report comes from public documentation.

HVS

Report

April 28, 2002

What Should You Expect From Your Search Firm? - Written By: David Mansbach - HVS Executive Search

The best executive search firms assist executives of client organizations in defining executive positions, identifying well-qualified and motivated candidates, and selecting those best suited through comprehensive, quality-assured search processes. Because utilizing an executive search firm requires a substantial investment of time and money, it is critical for restaurant executives to have a keen understanding of what to expect from the client-executive search firm relationship.

HVS

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April 14, 2002

HVS Executive Search Compensation Trends Now, about that Raise,… - Article by Keith Kefgen and Stephen Goebel

A dollar just isn't worth what it used to be. As a matter of fact, it's worth just a little bit more! According to the American Institute for Economic Research's Cost-of-living-Calculator, $100 will buy $2.85 more today than it did in the year 2000, and $6.30 more than in 1999. For those of us who have grown up through years of runaway inflation, that is a startling piece of news.

HVS