The Need for Big Data and Quantitative Skills Training In Hospitality

Dr. Giuliano Bianchi | October 4, 2018

By Dr. Giuliano Bianchi & Dr. Isabella Blengini The hospitality industry is becoming increasingly complex, with financial engineering, corporate governance, and strategic interactions with other sectors now part and parcel of daily life. In addition, publicly-traded major hotel chains manage a portfolio of brands and deal with a range of other industries at the same time. Hotels can no longer rely on experience and 'savoir-faire' to get by, but need to hire staff who are comfortable with quantitative skills such as mathematics and statistics. This is why, as economists, we believe hospitality business schools that teach subjects suc...