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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 />

HOTELIER is published eight times a year by Kostuch Media<br />

Ltd., Mailing Address: 14 – 3650 Langstaff Rd. Ste. 33,<br />

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Copyright, <strong>Hotelier</strong> <strong>2022</strong> ©<br />

Return mail to: Publication Partners 1025 Rouge Valley Dr.,<br />

Pickering, Ontario L1V 4N8<br />

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

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