The travel and tourism industry has an excellent record of female representation. However, women still represent a minority in the travel industry and do not make up a majority in the C-suite of large global companies. For example, only one woman is on the executive team of Las Vegas Sands – that’s 4% female representation. And American Airlines has only three percent female management. In other words, the travel and tourism industry needs more female leaders.
The latest study by Phocuswright found that men and women in the travel industry gave the industry’s gender equality a four-star rating on a five-point scale. While only 21% of men rated gender equality as excellent, 57% of women gave it a four-star rating. Additionally, 60% of women surveyed said that a lack of female leaders in the travel industry was the biggest obstacle to their advancement.
Importance of Women in the Travel Industry
While the travel industry is increasingly female-friendly, the top management remains overwhelmingly male-dominated. This study of more than 300 professionals found that women represent 70 percent of the industry’s workforce. This group’s 50 most influential female members hail from all sectors and include visionaries, pragmatists, trailblazers, and message shapers. Yet there are no definite data about the gender divide in the industry. But despite their successes, they still face unique challenges.
In fact, the biggest obstacle to increasing the number of 旅行業界の女性 is the lack of diversity. While diversity is important, it can also be an impediment to progress. In November, MSCI ESG Research published a report that noted that companies with a high percentage of female directors generated an average return on equity of 10.1% per year compared to those without. Therefore, more women are needed in the travel industry to ensure the success of the industry.
Although women make up 70% of the workforce in the travel industry, the top management is still largely male-dominated. The travel industry has an increasing number of female-owned companies, and the growth of this industry is largely due to the diversity of its employees. The number of female-owned companies has increased by a factor of 2.2 compared to companies without gender-balanced leadership. The gender gap between the two sectors is a sign of a company’s willingness to make changes.
In fact, there is an ongoing debate on how to increase the number of Women in Travel industry. Some argue that women should not be limited to the field of travel. But this is not the case. The industry is diverse enough to make the female perspective of travel industry leaders more valuable. And women-owned companies have a better chance of attracting customers.
But it is worth noting that the travel industry has made notable improvements for women. In fact, there are still many unfulfilled jobs in the industry that require women. It is essential to promote diversity and inclusion in the travel industry to ensure the long-term growth of the industry. This will also help increase the profitability of companies.
The Bottom Lines
The travel industry is dominated by women. Nonetheless, there is a lot of room for more female leadership in the travel industry. And this is just one example of the many great things women are doing. The travel industry is a strong, female-dominated industry. In addition, there is a wide range of different types of women in the travel industry. Some are visionaries, others are pragmatists, while others are trailblazers.
