REPORT: Hotel Boards Are Becoming Increasingly Diverse

Increase in women and Black board directors signals progress in the effort to diversify corporate boards across the hotel industry 

WASHINGTON, DC (September 29, 2023) – The percentage of hotel industry board seats held by Black members and women members, respectively, is going up. That’s according to recent research commissioned by AHLA Foundation and conducted by Penn State’s School of Hospitality Management. The increase exceeds the 2022 average in both categories for firms in the Russell 3000 Index, signaling progress in the effort to diversify corporate boards.  

The report highlights multiple gains for the industry. The 2022 data set analyzed 230 board members at 28 companies between 2016-2022. Key findings include: 

“It’s encouraging to see this progress. Our industry recognizes that with the board’s role in governance and oversight, increased diversity on hotel boards is a pathway to a more diverse hotel industry,” said Anna Blue, President of AHLA Foundation. “The business case for diversity is clear. Research validates the value of diverse perspectives and experiences in our organizations, which shows up in our business as better recruitment and retention, more innovation, and greater success overall.”  

The investment in this report to increase diversity is part of AHLA Foundation’s 5-year, $5 million commitment to advance DE&I across the hospitality industry.  

Click here to view the full report.