News & Stories
Munich. Employees are stakeholders, just as important as shareholders. And therefore worth just as much. After all, a hotel without employees will be empty and is therefore worthless. Operators know it, owners/investors have yet to learn it. "Human capital" will be more than a number on an Excel spreadsheet in the future, as an - unusual - discussion at the Expo Real real estate and investment trade show in early October showed.
Munich. The trend has intensified over the past year: More and more companies are complaining that applicants are disappearing and can no longer be contacted. Speed, commitment in conversation and the right organisation help to avoid this happening, the hotel groups say.
Fuschl am See. The death of Red Bull founder in Austria, Dietrich Mateschitz, also touches Austria's tourism. The activity-driven entrepreneur owns, among other things, 13 restaurants and nine hotels. Through his passion for motor sports and lavish events, millions flowed into the country. He himself was the richest Austrian.
Munich. The corona crisis has turned the hospitality sector into a provider of insecure employment for the first time. The energy crisis is rapidly becoming an employment crisis as well. Tourism professors Celine Chang and Markus Pillmayer from Munich University of Applied Sciences have been conducting interdisciplinary research into the HR spiral since the pandemic outbreak and are now deriving initial strategies for action. In the future, "disruption" must be priced into business models and HR strategies. For the hospitality sector, there is no going back to the old days.
Bottighofen. The lack of staff has become a visible, unchangeable part of everyday life: Since this year, hotel guests have made this a much more frequent topic in their reviews. Most of them sympathise with this.
Augsburg. The shortage of skilled workers in Germany has reached a sad peak – with drastic consequences for the economy: according to the ifo Institute, 49.7% of the companies surveyed said in July that they were restricted by a lack of qualified skilled workers. In the hospitality industry, this means either reduced opening hours or reduced service. Many businesses are therefore asking themselves how they can attract young people to their company in the future...
Amsterdam. A new EU directive is intended, among other things, to give parents a better work-life balance. The rule has already been in force since 2 August. Employers in the hospitality industry are once again painfully affected by the new rule, as they are no longer able to find employees without it and already have problems setting up flexible working hours.
Paris/London. The dramatic staff crisis in the industry is desperately crying out for solutions, especially now, in the peak season. France found one; it is welcoming its first Tunisian seasonal workers. As for the UK, they are playing the long-term strategy. The kingdom has recently launched the biggest ever recruitment campaign and works with government and educational bodies to attract upcoming talents, both local and international.
Geneva. Good Gender News: In the Gender Gap Report 2022, Germany has reached 10th place out of 146 – the highest rank in 16 years. Iceland is in first place, Afghanistan is in last place. If the trend remains the same, it will take another 132 years to achieve full equality, according to the report.
London/Berlin. Flexible working hours are just as important to young people today as a job and a high salary, Millennials and GenZ have revealed. But the shortage will become even more glaring, experts say. Hotel associations are increasingly vocal in challenging politicians. Meanwhile, entrepreneurs are motivating their staff through shares, allowances or by hiring retirees.
