According to the World Travel & Tourism Council's (WTTC) " Economic Impact of Travel & Tourism 2012" summary report, the broader industry is projected to generate nearly 1-in-10 jobs around the globe by 2022 through direct employment, jobs created in the supply sectors and the spending of industry employees. As a global hotel company, IHG and our franchisee community will contribute to the significant growth of our industry's economic impact over the next decade.
"We're doing our part through the IHG Academy to close the skills gap in our industry between open jobs and those eligible for employment," added Kinsell. "We're proud of all of our hotel owners and employees, who are strengthening our economy for the long-term by rolling up their sleeves to help develop a skilled workforce equipped to meet today's hospitality industry needs."
Since launching in Shanghai, China in 2006, the IHG Academy program has successfully developed by using a business model that enables collaboration with small to medium-sized organizations, often local to the hotel location. In some instances, participants have even started careers in IHG-branded hotels. Supportive career development is an important aspect of every program that helps give employees the potential to grow from entry-level to management positions.
"We're thrilled about the growth of our IHG Academy program through exciting collaborations such as this with Cape Breton University," said David Jerome, senior vice president, Corporate Responsibility, IHG. "We continue to leverage our deep service culture around the world to mentor and train talent, while bringing on board more IHG owners and employees ready to start new academies. Strong supporters who are enthusiastic and engaged are critical to our mission's success. We want to create recruitment links in our industry for people who may not have considered a career in hospitality or otherwise been employable."Around the world, more than 132 hotels in the IHG family of brands, including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, and Candlewood Suites® have established more than 80 IHG Academy programs, including 16 programs in Europe and 56 programs in Asia, the Middle East and Africa. In the U.S., IHG has collaborated with top universities and nonprofit organizations to create the IHG Academy programs, including New York University, Atlanta Children's Shelter, Wayland School in Boston, and Temple University and Holy Family University in Philadelphia. In Mexico, IHG-branded hotels have partnered with the Youth Career Initiative (YCI) of Mexico City and Cancun, and, in Latin America, the Youth Career Initiative (YCI) of Sao Paulo, Brazil and the Panama International School. The IHG Academy has an active pipeline of programs in the Americas that are under development. These new academies, which are in the process of finalizing agreements, include programs sponsored by employees at IHG's regional headquarters in Atlanta and by managed and franchised hotels in major U.S. markets such as Give Kids the World with Holiday Inn Lake Buena Vista; and the Kemmons Wilson School of Hospitality and Resort Management at the University of Memphis with Holiday Inn Memphis - Wolfchase Galleria and the Holiday Inn Downtown Memphis. For more information and to read IHG's current Corporate Responsibility Report, please go to www.ihg.com/responsibility. Notes to Editors: IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty program with over 67 million members worldwide. IHG franchises, leases, manages or owns over 4,500 hotels and more than 666,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years. InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc, www.facebook.com/ihg or www.youtube.com/ihgplc. SOURCE IHG (InterContinental Hotels Group)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts