5 things to know: 7 September 2018
5 things to know: 7 September 2018
07 SEPTEMBER 2018 9:13 AM

From the desks of the Hotel News Now editorial staff:

  • Hotel companies come together on employee safety
  • US economy sees strong hiring month in August
  • Caesars nears equal pay for all employees
  • Hotel revenue in Barcelona dips 14%
  • Weekly US hotel performance results

Hotel companies come together on employee safety: The heads of major international hotel brands came together with the American Hotel & Lodging Association at the National Press Club in Washington, D.C., Thursday to announce a new “Five-Star Promise” initiative, which aims to improve guest and employee safety through more in-depth sexual harassment training and safety devices for employees, Hotel News Now’s Bryan Wroten writes.

Outgoing AH&LA President and CEO Katherine Lugar said, “The companies here, along with many others, are committing to provide an additional layer of security to U.S. hotel employees by deploying safety devices. This can be an important line in additional protection, particularly for those whose job requires them to go room to room.”

“Hilton President and CEO Chris Nassetta; Hyatt Hotels Corporation President and CEO Mark Hoplamazian; InterContinental Hotels Group CEO of the Americas Elie Maalouf; Marriott International President and CEO Arne Sorenson; and Wyndham Hotels Group President and CEO Geoff Ballotti each spoke about the different aspects of the Five-Star Promise,” Wroten reports.

U.S. economy sees strong hiring month in August: The U.S. economy recorded another strong month of hiring, adding 201,000 jobs in August, CNN Money reports.

Wages increased 2.9% compared to last year, which is the strongest rate since 2009. “However, that number is not adjusted for inflation, which has been rising in recent months and eating into workers' paychecks,” the news outlet reports.

The unemployment rate stayed at a historical low of 3.9%.

Caesars nears equal pay for all employees: Caesars Entertainment Corporation announced that it “found no meaningful differences in the average pay of men and women in almost all jobs,” according to a news release. The company is working to close the pay gap between men and women.

Pay data from 2016 for 32,200 non-union employees from corporate headquarters and 40 properties was reviewed by Caesars. The data showed that 99% of women at corporate headquarters and 98% of women in non-union positions at the properties in the study “are in jobs with no meaningful differences between the average pay of men and women, after accounting for neutral factors.”

The release also states that a 2018 follow-up study using pay data shows “Caesars is already moving toward 100% pay equity in all jobs.”

The company did not include union employees in the review because “Caesars is obligated to pay unionized workers established compensation rates under the terms set forth in collective bargaining agreements with the union that dictate the wages paid to all union members.”

Hotel revenue in Barcelona dips 14%: Barcelona has seen hotel revenue decrease by 14% this summer, which is a result of the city having a “negative reputation internationally,” Reuters reports. 

Gremi d’Hotels de Barcelona also pointed to an assault on a U.S. visitor by a Barcelona street vendor as adding to the city’s fallen reputation, Reuters added. Spend of international visitors in Spain increased 9.5% during July.

Weekly U.S. hotel performance results: Hotels in the U.S. reported positive year-over-year results for the week ending 1 September, according to data from STR, parent company of HNN.

Occupancy for the U.S. hotel industry increased 1.6% to 67%, average daily rate rose 3% to $125.16 and revenue per available room increased 4.6% to $83.88.

Of the top 25 U.S. markets, the St. Louis, Missouri-Illinois market saw the largest jump in RevPAR of 21.1% to $70.51. Houston, Texas, recorded the steepest declines in RevPAR (-19.2% to $55.94) and ADR (-4.2% to $95.94) for the week in comparison with the week that followed the landfall of Hurricane Harvey in 2017.

Compiled by Danielle Hess.

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