The long-shuttered Monte Palace hotel on Portugal's Sao Miguel island is planning to reopen in 2021, and will likely change its name. The property has won accolades dating back to 1990.
Some companies are striving to retain talented employees by offering older workers flexible working arrangements, such as part-time schedules and phased retirements. Last year, about 25% of employees worked for companies that allowed flexible working arrangements, an increase from 19% in 2015, according to the Transamerica Center for Retirement Studies.
A former Uber employee filed a lawsuit this week with the California Superior Court, claiming the company did little to address sexual harassment and racial discrimination allegations in the workplace. Uber recently waived its forced arbitration policy for customers or employees alleging sexual assault or harassment.
Black Enterprise released its list of 2018 Top Executives in Corporate Diversity, highlighting leaders who prioritize diversity in the workplace, particularly in the tech industry. "I think that we have to stop thinking about diversity as a zero-sum game because all of the data out there sort of suggests why diversity and inclusion is important for any organization," says Cynthia Bowman, chief diversity and inclusion officer of Bank of America.
A free smartphone app that affords wide-ranging real-time communication between guests, staff and management has been unveiled by the One&Only hotel in Cape Town, South Africa. Called ALICE ("A life-improving customer experience"), the feature offers access to TripAdvisor as well as the hotel's amenities.
The way to make America's startups more diverse is to get more women and minorities onto the capitalization table at the beginning of a company's life, according to entrepreneur and investor Sarah Kunst. "Founders should make sure to look for co-founders, advisers, employees and angels who are from varied backgrounds, a smart move given that diverse teams are smarter," she writes.
Blackstone Group will reportedly buy luxury hotel owner LaSalle Hotel Properties for $4.8 billion. The deal comes three days after Blackstone agreed to give up the last of its Hilton stake and represents a premium of nearly 35% above LaSalle's share price on March 27, the day before Pebblebrook Hotel Trust announced a proposed all-stock bid for LaSalle.
The Mannin Hotel on the Isle of Man has taken the UNESCO Biosphere pledge, calling for commitment to sustainability and community engagement in six categories. "Promoting the island as a special place to live, work and visit and protecting its unique qualities is embedded in our business culture," said Rom Kesa, the hotel's general manager.