Lausanne, 3 March 2015 – Ecole hôtelière de Lausanne (EHL) takes a look at market developments and trends to support hospitality sector growth and provide the best education to the industry’s future leaders.
Hospitality industry calls for innovation
The hospitality sector is growing – and fast. According to the World Travel & Tourism Council’s latest research, travel and tourism contributed a total of 9.5% of world GDP in 2013. According to the same study, the hospitality industry will represent close to 10% of global employment by 2022. This phenomenal growth is accompanied by major changes in the way we do business. From new expectations of the GenY segment, increased pressure on profit margins, to a rise in the financialization of hotel business models, the hospitality industry is entering a new era – and this era requires a new type of hotelier, with a wider range of expertise and open mindset. Hotel schools are consequently under pressure to adapt their programs and answer industry expectations for the next generation of managers.
EHL ready for the challenges ahead
Regularly recognized as the leading institution for hospitality management education, including the Hospitality Award for Best Hotel Management School in 2013 and 2014, EHL keeps close tabs on these market trends and developments.
Download the full press release below to find out how EHL answers these market needs, or contact us for more information.