Adjusting Asset Management Staffing Strategies
Adjusting Asset Management Staffing Strategies — By David Mansbach

AETHOS Consulting Group · 16 Oct

The hotel industry faces an extraordinary challenge today: how to operate a hotel in the "new normal." With the near future so cloudy, it is close to impossible to effectively set accurate property and company forecasts; at this time occupancies and revenue per available room numbers are at painfully inadequate levels.

The Long-Term Incentive Dilemma Of Asset-Management Pay
The Long-Term Incentive Dilemma Of Asset-Management Pay — By David Mansbach

AETHOS Consulting Group · 28 Aug

The economic impact of COVID-19 has devastated the hotel industry in myriad ways, from sinking revenues to company restructurings. Hilton announced in June that it was laying off 2,100 employees, about 22% of its corporate staff. In March, Marriott reported it would furlough roughly two-thirds of its 4,000-person corporate workforce.

Compensation Impact on Taking Money from the Government (CARES Act HEC)
Compensation Impact on Taking Money from the Government (CARES Act HEC) — By Keith Kefgen

AETHOS Consulting Group · 16 Apr

To receive financial assistance (in the case of air carriers and contractors), or loans and loan guarantees (in the case of other eligible businesses), a company must agree to the following limits (which generally apply during the period of assistance and for one year thereafter) on annual compensation and severance payments for each officer and other employee (other than a unionized employee) whose "total compensation" exceeded $425,000 in 2019 ("CARES Act HCEs"):

Coronavirus Crisis Management: Market Research vs. Steady Leadership
Coronavirus Crisis Management: Market Research vs. Steady Leadership — By Thomas Mielke

AETHOS Consulting Group · 3 Mar

The Financial Times this weekend reported on the trillions of dollars that have been wiped out thus far due to the coronavirus disease 2019 (COVID-19) outbreak. According to the newspaper, stocks in hospitality companies have been particularly hit, having fallen by a reported 19% in Europe compared to last week - one of the strongest declines for the sector since the terror attacks of 9/11. The still-growing number of countries, and companies, enforcing travel bans is exasperating the situation.

Human Capital And The Current State Within the Hotel Asset Management Community
Human Capital And The Current State Within the Hotel Asset Management Community — By David Mansbach

AETHOS Consulting Group · 19 Sep

Regardless of where we are in the hotel cycle, the importance of high-performing asset management is critical to the success of any hotel owner. Over the last 20 years I have had the pleasure to work closely with this community assisting clients, such as public REITS and private equity groups, recruit high-performing executives, allowing owners to maximize value for their hotel property and/or portfolio. My thoughts regarding some important human capital misconceptions in the world of asset management will hopefully help shape the future for 1) hotel owners to attract and retain top talent and 2) for asset management executives thinking about charting their future career path.

CFO Compensation in the Gaming Industry
CFO Compensation in the Gaming Industry — By Keith Kefgen

AETHOS Consulting Group · 13 Aug

The CFO is typically the second most important role in a public company behind the CEO. That is clearly the case in the gaming industry. As most industry leaders know, AETHOS conducts a study of gaming CEO pay each year, so we decided to look at the state of CFO pay as well. Our analysis included 33 public gaming companies, that includes operators and manufacturers. The data represents CFO total direct compensation, including base salary, short and long-term incentives and other pay, reported in percentile format and includes cuts at the 25th, 50th and 75th percentiles for each component of compensation. The raw data is provided here.

AETHOS Consulting Group Shares 2019 Insights for Human Capital in Hospitality: Challenges in Finding Labor and Artificial Intelligence Among Trends in the US
AETHOS Consulting Group Shares 2019 Insights for Human Capital in Hospitality: Challenges in Finding Labor and Artificial Intelligence Among Trends in the US

AETHOS Consulting Group · 3 Jan

AETHOS Consulting Group's US partners have gathered their collective thought leadership and now share predictions, concerns and issues for the coming