Exploring How Female Executives are Being Empowered

by | Apr 2, 2023

Welcome to a blog post celebrating women who lead and excel in the hospitality and real estate industries. From hotel owners and chefs to independent brokers and developers, these women have made an indelible mark on their respective fields. Today, we’re shining a spotlight on some truly inspiring female forces who have shattered the glass ceiling, broken stereotypes, and empowered leaders everywhere. So whether you’re a woman looking for inspiration or someone who seeks to learn more about some of the most influential women in business, you’ve come to the right place.

22 inspirational female leaders in hospitality

In the world of hospitality and real estate, it’s essential to recognize the contributions of female leaders. The International Hospitality Management (IHM) editorial team has taken the initiative to feature 22 inspiring women who have made a significant impact in the industry. From hotel general managers to real estate executives, the selection highlights the diverse achievements and experiences of women in leadership positions. Such recognition not only celebrates the accomplishments of these exceptional leaders but also serves to inspire the next generation of women in this field. Through this collective effort to showcase female empowerment and representation, the IHM editorial team promotes progress and diversity in the hospitality industry.

Pillar 1: Women’s Empowerment in Real Estate Industry

The blog section “Pillar 1: Women Empowerment in Real Estate Industry” focuses on the efforts to empower women in the real estate sector. It highlights the importance of expanding women’s access to economic opportunities, especially in industries dominated by men. The blog points out that women’s empowerment in the real estate industry is guided by international labor standards on gender equality and the Women’s Empowerment Principles. The section also highlights the role of aid for trade in advancing gender equality by increasing gender mainstreaming in aid. The blog shows support for female leaders in the real estate industry and encourages them to stay strong in their beliefs and the power within themselves. Overall, the blog strives to promote gender equality and empower women in the hospitality and real estate sectors.

Hotel chains support diverse leadership models

As the hospitality industry continues to recognize the importance of cultural diversity, hotel chains are supporting diverse leadership models. This includes promoting women to higher positions within the company and employing people from different cultural backgrounds. Additionally, they are investing in training programs to equip employees with the necessary skills and knowledge for leadership positions. By embracing diverse leadership models, hotel chains are creating a positive work environment that encourages innovation and creativity. This approach has been supported by a recent study with 340 hotel workers, which found that empowering leadership and psychological empowerment were strongly correlated with job performance. As a result, the industry has recognized the value of women’s empowerment and is taking significant steps to close the global gender gap in leadership. Hotels, large and small, are learning from each other to promote successful leadership models that can be applied across a variety of organizations. As such, the innovative Woman Leader of the Year Finalists is recognized for their influence in shaping a more equal and empowered industry.

Investment in new skills for the female pipeline

Investing in the skills of the female workforce is crucial to closing the gender gap in leadership positions. In the hospitality and real estate industries, companies are putting effort into developing a pipeline of competent and confident women leaders. This investment includes leadership development programs, mentorships, and training programs that target specific skills such as communication and decision-making. By providing women with the tools they need, these companies are ensuring that their workforce is equipped to take on a range of leadership roles, from small businesses to larger corporations. This investment in the new skills of the female pipeline reinforces the idea that women are competent and capable leaders who can make a significant contribution to the success of the business.

Egon Zehnder and Bain committed to the Female Force project

Egon Zehnder and Bain are both dedicated to the Female Force project, which focuses on collecting data to provide suggestions for closing the gender gap in leadership worldwide. This commitment shows the importance of gender equality and the significant returns that investments in gender equality can yield. The Female Force project’s community includes successful women entrepreneurs and corporate business leaders who have joined forces to change the face of business leadership. Their work is essential to achieving the goal of having more women in senior leadership roles, as we have seen continued advancement toward our 2018 gender goal of 26% women in senior leadership roles. Egon Zehnder, Spencer Stuart, and Heidrick are committed to integrating female leaders to achieve gender equality in senior leadership roles. By supporting initiatives like the Female Force project, they demonstrate their dedication to creating a more equitable future.

Data collection for closing the global gender gap in leadership

As highlighted in the previous sections, women continue to face challenges in leadership positions across various industries, including hospitality and real estate. To address this, companies are investing in new skills for their female pipeline and supporting diverse leadership models. But to make informed decisions, data collection is crucial in closing the global gender gap in leadership. A study with 340 hotel workers showed that empowering leadership and psychological empowerment can positively impact women’s career advancement. Egon Zehnder and Bain are committed to the Female Force project, which aims to collect data on gender equality and women’s leadership in Asia, ultimately reducing bias and promoting equal opportunities for women. It is essential to continue efforts towards achieving gender equality and empowering women to lead from small companies to listed companies, as exemplified by the Innovative Woman Leader of the Year Finalists.

Study with 340 hotel workers

In a study conducted with 340 hotel workers, it was found that empowering leadership and psychological empowerment were key factors in enhancing job satisfaction and improving work performance. This reinforces the importance of promoting and supporting female leaders in the hospitality industry, as female empowerment has been shown to have a positive impact on the overall work environment. Investing in new skills for the female pipeline can also aid in closing the global gender gap in leadership roles. It’s heartening to see hotel chains like Egon Zehnder and Bain committed to supporting the Female Force project, and the recognition of innovative female leaders in the industry through initiatives such as the Innovative Woman Leader of the Year awards. With continued efforts to empower women in hospitality and real estate, the industry can benefit from the talents and contributions of a diverse range of leaders.

Empowering leadership and psychological empowerment

The section on empowering leadership and psychological empowerment in the blog “Empowered leaders: Female forces in hospitality and real estate” highlights the importance of leadership behavior in creating empowering work environments. As per the factual data presented, empowering leadership positively influences employees’ psychological empowerment, which further influences their work engagement and proactive behavior. The blog emphasizes the need for diverse leadership models, investment in new skills for the female pipeline, and data collection to close the global gender gap in leadership. Additionally, the blog sheds light on the innovative woman leader of the year finalists, recognizing their commendable contributions to the industry. Overall, the section draws attention to the positive impact of empowering leadership and the need for gender diversity in the hospitality and real estate industries.

Learning small companies to listed companies

As the blog highlights the empowered female leaders in the hospitality and real estate industries, it is also essential to address the need to support and empower small companies to grow into listed companies. The study with 340 hotel workers shows that innovative leadership plays a significant role in the success of companies, regardless of their size. With investment in new skills for the female pipeline and diverse leadership models, hotel chains are paving the way for small businesses to learn and grow. Egon Zehnder and Bain have also committed to the Female Force project, which aims to collect data and close the global gender gap in leadership. By empowering small businesses to reach their full potential, the industry can unlock opportunities for more women to rise into senior management positions, contributing to a more gender-equal future in the hospitality and real estate industries.

Innovative Woman Leader of the Year Finalists

The Innovative Woman Leader of the Year finalists is a testament to the progress being made in the hospitality and real estate industries regarding gender diversity in leadership positions. These women represent a range of backgrounds and accomplishments, from hotel executives to sustainability professionals. They are paving the way for others to follow and are shining examples of the impressive talent and contributions that women bring to the table. By recognizing and celebrating their achievements, we can continue to encourage and inspire more women to pursue leadership roles in the future. The empowerment of women in these industries is not just a moral imperative, it’s also smart business. Research has shown that companies with diverse leadership teams perform better financially and are more innovative. It’s time for these industries to fully embrace the power and potential of their female forces.