CHAPTER 8

Final Thoughts

Hospitality’s Great Reset

On July 4, 2023, 15,000 employees from the most iconic hotels in Los Angeles, including brands such as Ritz Carlton, Fairmont, Hyatt, Inter-Continental, and Hilton, as well as recently unionized independent and boutique hotels were on strike. While the immediate dispute revolves around wages and work rules, the glaring issue is widening income inequality plaguing the industry. Unless a new mindset is adopted, this strike may just be the beginning, threatening the entire service sector, derailing the travel boom, and leading to job losses and a recession. During the pandemic, hotels received $15 billion in federal bailouts and returned to profitability quickly by cutting jobs and guest services ...

Get Talent Disruption now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.