Saturday, February 9, 2019

The Castell Project Releases 2019 Women in Hospitality Leadership Report


  
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

No comments: