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Bloomberg Businessweek

Omni COO on Business Driving the Hotel Space

Oct 6, 2023
09:27
Snipd AI
Vince Parrotta, COO of Omni Hotels & Resorts, talks about growth, development, and labor issues in the hospitality business. The podcast discusses strategies for attracting and retaining employees, the effect of increasing demand for skilled culinary workers on pay scales, the performance and outlook for the hotel business, the state of business travel and potential for a recession.
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Podcast summary created with Snipd AI

Quick takeaways

  • ExxonMobil is developing solutions to reduce carbon emissions which can benefit industries like manufacturing, commercial transportation, and power generation.
  • The hotel industry is facing a shortage of talent across all levels and is implementing strategies such as competitive benefits packages and opportunities for promotions to attract and retain employees.

Deep dives

Addressing Carbon Emissions

ExxonMobil is working on solutions to reduce carbon emissions, such as carbon capture and clean energy from hydrogen. These solutions have the potential to benefit industries like manufacturing, commercial transportation, and power generation.

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