Skip to content

Search

Latest Stories

Castell Project opens nominations for Castell Award

It will be the second year for the award that recognizes a woman hotel industry leader

THE CASTELL PROJECT, a nonprofit organization dedicated to promoting the careers of women in the hospitality industry, is now accepting nominations for its second annual Castell Award. The award recognizes a woman in the industry who meets specific criteria for advancing the cause of female hotel executives.

The winner of the Castell Award is selected based on whether they exhibit four characteristics. As a change-maker, they must lead strategic improvement programs for their organization. As a trailblazer, they must open new paths in the industry. They must create opportunities for women as a gender equity-champion, and they must be a principled professional who demonstrates ethical business conduct.


“Women will one-day hold one in every three leadership seats in the hospitality industry and the Castell Award provides public recognition for the remarkable females leading the way and inspiring us all,” said Peggy Berg, president and founder of the Castell Project.  “We invite men and women at all levels in the industry to nominate a woman leader or woman who inspires them. The Castell Award recognizes their work and encourages other women who will follow.”

Women held 8 percent of hospitality industry leadership positions in 2019, according to the Castell Project’s third annual Women in Hospitality Industry Leadership report released in February. That includes managing director, president, partner, principal and CEO.

The award will be presented at this year’s Lodging Conference held in Phoenix at the JW Marriott Desert Ridge Resort in September.  The winner will receive a handcrafted award acknowledging their leadership.

The inaugural 2019 award was presented to Heather McCrory, CEO for North and Central America at ACCOR. Her selection came in part because of her work as executive sponsor for Accor’s international RiiSE network to promote diversity, launched one year ago.

“Heather stood out as a powerful female making a difference in the industry,” Berg said at the time. “She understands wholeheartedly that as part of an international hospitality company, a more diverse team is a better performing team. Heather is an inspiration to other women as they find their own paths to success.”

Nominations for the award can be made at https://surveys.str.com/s3/Castell-Award-Nomination-Form. Deadline for submissions is March 15.

More for you

AHLA Foundation expands hospitality education

AHLA Foundation expands hospitality education

Summary:

  • AHLA Foundation is partnering with ICHRIE and ACPHA to support hospitality education.
  • The collaborations align academic programs with industry workforce needs.
  • It will provide data, faculty development, and student engagement opportunities.

THE AHLA FOUNDATION, International Council on Hotel, Restaurant and Institutional Education and the Accreditation Commission for Programs in Hospitality Administration work to expand education opportunities for students pursuing hospitality careers. The alliances aim to provide data, faculty development and student engagement opportunities.

Keep ReadingShow less
Report: Global RevPAR to rise 3–5 percent in 2025

Report: Global RevPAR to rise 3–5 percent in 2025

Summary:

  • Global hotel RevPAR is projected to grow 3 to 5 percent in 2025, JLL reports.
  • Hotel RevPAR rose 4 percent in 2024, with demand at 4.8 billion room nights.
  • London, New York and Tokyo are expected to lead investor interest in 2025.

GLOBAL HOTEL REVPAR is projected to grow 3 to 5 percent in 2025, with investment volume up 15 to 25 percent, driven by loan maturities, deferred capital spending and private equity fund expirations, according to JLL. Leisure travel is expected to decline as consumer savings tighten, while group, corporate and international travel increase, supporting RevPAR growth.

Keep ReadingShow less
Hotel data challenges report highlighting AI and automation opportunities in hospitality

Survey: Data gaps hinder hotel growth

Summary:

  • Fragmented systems, poor integration limit hotels’ data access, according to a survey.
  • Most hotel professionals use data daily but struggle to access it for revenue and operations.
  • AI and automation could provide dynamic pricing, personalization and efficiency.

FRAGMENTED SYSTEMS, INACCURATE information and limited integration remain barriers to hotels seeking better data access to improve guest experiences and revenue, according to a newly released survey. Although most hotel professionals use data daily, the survey found 49 percent struggle to access what they need for revenue and operational decisions.

Keep ReadingShow less
Hyatt Way partnership

Hyatt taps Way for unified guest platform

Summary:

  • Hyatt partners with Way to unify guest experiences on one platform.
  • Members can earn and redeem points on experiences booked through Hyatt websites.
  • Way’s technology supports translation, payments and data insights for Hyatt.

HYATT HOTELS CORP. is working with Austin-based startup Way to consolidate ancillary services, loyalty experiences and on-property programming on one platform across its global portfolio. The collaboration integrates Way’s system into Hyatt.com, the World of Hyatt app, property websites and FIND Experiences to create a centralized booking platform.

Keep ReadingShow less
Report: CMBS delinquency rate hits 7.23 percent in July

Report: CMBS delinquency rate hits 7.23 percent in July

Summary:

  • U.S. CMBS delinquency rate rose 10 bps to 7.23 percent in July.
  • Multifamily was the only property type to increase, reaching 6.15 percent.
  • Office remained above 11 percent, while lodging and retail fell.

THE U.S. COMMERCIAL mortgage-backed securities delinquency rate rose for the fifth consecutive month in July, climbing 10 basis points to 7.23 percent, according to Trepp. The delinquent balance reached $43.3 billion, up from $42.3 billion in June.

Keep ReadingShow less