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| Patty Berg |
ATLANTA, GA — Officials of Castell Project, Inc., a 501(c)3 nonprofit
organization dedicated to accelerating the careers of women professionals in
the hospitality industry, released the
2019 Women in Hospitality Industry Leadership report.
Following the inaugural 2018 study, the report tracks gender
parity data at various upper levels throughout the hospitality industry.
“While the discourse is improving since the previous Women
in Hospitality Industry Leadership report, we have quite a way to go to achieve
equitable opportunity for women in upper leadership,” said Peggy Berg,
president, Castell Project, Inc.
“For example, women are about half of director-level
employees in hotel companies, but females make up only one in 22 CEOs and one in
nine presidents.
"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.
For more details on the report, please contact:
Chris Daly, media
(703) 435-6293
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