The hospitality industry is one of the fastest-growing sectors in the world. It has also proven its resilience as it bounces back after Covid 19. Even in the face of a global pandemic, with the rise of newer variants, the market is expected to reach $5297.78 billion in 2025 at a CAGR of 6%, according to the Hospitality Global Market Report 2021. In the UAE, Dubai airport is also anticipating another busy period with passenger numbers expected to hit over 1 million, translating to high hotel demands. This has experts in the tourism industry optimistic about a continued recovery for the hospitality sector.
However, it does have its share of unique problems as well. An unexpected effect occurred with lockdown measures hitting all industries during 2020 and 2021. Employees were forced to slow down and, in the process, figured out how overworked and undervalued they felt. Enter- The Great Resignation! According to a McKinsey report, 47% of the hospitality workforce is resigning or will have left in the next six months. This questions the methods with which industry leaders have been managing their workforce so far. And brings to light another question- How can strong coaching, mentoring, training, and upskilling help bring about change?