Who invests money better, men or women?
Fidelity Investments found surprising answers to that question when it surveyed nearly 3,000 people. The group was almost evenly divided between the sexes. Yet only a tenth of women said their investments would outperform men’s.
Meantime, a separate analysis by Fidelity shows women consistently generated larger returns on their investments with the company.
And yet another Fidelity study reveals just a third of women surveyed see themselves as investors and barely one quarter of them say they are comfortable with their knowledge about investing.
Why DO women lack confidence in their ability to make wise investments?
The BIGGEST reason is because women are uninformed, and the reason women are uninformed is because they lack access to opportunities. Specifically, women don’t know how to meet the people and institutions that offer investment options beyond traditional savings methods. That is especially true in commercial real estate investment, and even more real in hotel investment.
In today’s episode, we focus on women steeped in hotel investment and talk about how they are changing the dynamic in favor of female investors. These women are committed to helping women build wealth through hotel ownership.
Featured are Mary Beth Cutshall, who recently founded Amara Capital, a women-only hotel investment platform; Talene Staab, global head of Tru by Hilton and founder of a new women’s advisory council; and Tracy Prigmore, founder of TLTsolutions, which is dedicated to educating women in the basics of real investment and teaching them how to steadily accumulate wealth.
Ginny Morrison of Evanston, Illinois, is a 33-year veteran of Spire Hospitality, a hotel management company with a portfolio that spans coast-to-coast. As vice president of sales and marketing, Morrison saw the coronavirus pandemic decimate the meetings business. More than a year later, she’s witnessing a comeback as small-meeting planners are actively booking events for the last half of 2021 and beyond. As public health agencies expand COVID-19 vaccination programs across the U.S. and states ease up on public-gathering restrictions designed to keep the virus at bay, the hotel industry is seeing small meetings begin a comeback. In Episode 317, Long Live Lodging covers the state of the small-meetings sector and how hotels can grab their share of the meetings business during and post-pandemic. This report is part of our ongoing coverage about the coronavirus pandemic and its impact on the hospitality industry.
The Hunter Hotel Investment Conference will be the industry’s first large event to be held during the coronavirus pandemic. The Atlanta event will be a hybrid format of in-person and virtual access, also an industry first. Lee Hunter, chairman of the conference, knows the level of expectation is high among other conference planners as well as industry professionals eager to network after more than a yearlong hiatus. Episode 316 of Lodging Leaders podcast features Hunter as he tells what it takes to re-launch the industry’s conference circuit amid the COVID-19 outbreak.