Hotelier June 2022
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LETTERS TO THE EDITOR<br />
ROSANNA CAIRA<br />
Editor & Publisher<br />
AMY BOSTOCK<br />
Managing Editor<br />
NICOLE DI TOMASSO<br />
Assistant Editor<br />
COURTNEY JENKINS<br />
Art Director<br />
JENNIFER O'NEILL<br />
Design Assistant<br />
WENDY GILCHRIST<br />
Director of Business Development<br />
ELEANOR SANTOS<br />
Account Manager<br />
KIMONE CLUNIS<br />
Sales & Marketing Assistant/<br />
Events Co-ordinator<br />
DANNA SMITH<br />
Administrative Assistant<br />
DANIELA PRICOIU<br />
Accounting Services<br />
CIRCULATION PUBLICATION PARTNERS<br />
kml@publicationpartners.com<br />
ADVISORY BOARD<br />
Andrew Weir, Destination Toronto; Anne Larcade, Sequel<br />
Hotels & Resorts; Anthony Cohen, Cresent Hotels — Global<br />
Edge Investments; Bonnie Strome, Hyatt Hotels; Christiane<br />
Germain, Germain Hotels; David McMillan, Axis Hospitality<br />
International; Don Cleary, Marriott Hotels; Geoffrey Allan,<br />
Project Capital Management Hotels; Hani Roustom, Friday<br />
Harbour Resort; Heather McCrory, Accor; Laura Baxter, Co-Star<br />
Reetu Gupta, Easton's Hotels; Ryan Killeen, The Annex Hotel<br />
Ryan Murray, The Pillar + Post Hotel; Stephen Renard, Renard<br />
International Hospitality & Search Consultants<br />
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The following letters reference the<br />
editorial in the April/May issue called<br />
Investing in Human Capital<br />
The issue of labour shortages in our industry is not<br />
something we can turn around quickly and the root<br />
problem comes down to an overarching lack of “infrastructure.”<br />
By this I’m speaking of infrastructure in a broader context. Yes,<br />
transportation infrastructure is a huge problem and has been for<br />
many years. If we can’t provide a reasonable manner for people<br />
to get to work, we’ll be constrained forever. The last thing we<br />
need are a multitude of government employees trying to<br />
re-invent the wheel and listening to the cry of NIMBY-ism as it<br />
relates to development. We need look no further than how long<br />
it has taken to get the Eglinton Line in place. Major cities in<br />
Europe have dealt with this a long time ago. Money into efficient<br />
transportation infrastructure is an investment.<br />
But housing is also an issue of infrastructure. You can’t attract<br />
employees to work in our industry in the core or almost anywhere<br />
else in the GTA unless they can find housing. When they lost their<br />
jobs at the outset of the pandemic, they also lost their housing<br />
and now they can’t get back in. Then ask the developers how long<br />
it takes to get approvals in place to develop new residential. The<br />
timelines from the people that I have spoken to would suggest this<br />
a long-term issue. Compensation structures have to change, but<br />
realistic solutions to create places that industry people can live<br />
and a means to realistically get to work are as big an issue.<br />
~ DAVID LARONE,Special advisor, Valuation & Advisory<br />
Services, CBRE Hotels | CBRE Limited<br />
In 2005, as CEO of the IH&RA (International Hotel and<br />
Restaurant Association), we identified the shortage of 12<br />
to 15 million workers in our industry and formed a committee to<br />
tackle the issue with six major Geneva-based international<br />
organizations. We assembled labour unions, employers,<br />
immigration, tourism, educators, hotel chains, restaurant groups<br />
and developed a plan. Since then the industry has ceased to<br />
interact globally. That is irresponsible and unsustainable.<br />
~ DAVID MCMILLAN, Axis Hospitality<br />
[Labour shortages] will be the issue for the foreseeable<br />
future and returning customer demand will only serve to<br />
bring this into focus. I predict that wise, forward-thinking<br />
investors will see an absolute need to bring investment dollars to<br />
both the physical assets and talent resources in order to secure<br />
a more competitive position in operational performance. It<br />
would not surprise me to see clever investors including talent<br />
within their PIPs, investments that could competitively improve<br />
operational performance of an asset for years. Smart management<br />
teams will also continue to dig hard into key antecedents<br />
of talent attraction and retention efforts. There are definitely<br />
huge opportunities for industry / academic partnerships here.<br />
The actions that brought us to this labour shortage, not caused<br />
but compounded by the pandemic, will not be useful tools in<br />
moving us out of it.<br />
~ WILLIAM MURRAY, Assistant Professor, School of<br />
Hospitality, Food & Tourism Management, University of Guelph<br />
hoteliermagazine.com JUNE <strong>2022</strong> | 3