Recently, I covered US airline CEO compensation for last year, since proxy statements have been filed in the past few weeks. Curiosity got the best of me, so I also had a look at CEO compensation for the major hotel chains, just for fun.
Honestly, it’s not quite as interesting as at the airlines (at least to me), but I figure some others are curious as well, so here’s a quick rundown…
That’s simply because the hotel business is a bit easier (which isn’t to say it’s easy, but just as a relative matter). The major hotel groups have stable business models and take an asset-light approach, so they’re just taking a cut on hotel revenue, along with some other revenue streams (like loyalty). So profitably doesn’t vary wildly year-to-year, unlike with airlines, where they can make billions one year, and lose billions the next year. As you can see, there’s a bit more consistency in year-to-year pay among hotel CEOs vs. airline CEOs.
A great solo travel tip spotted this week on One Mile at a Time.
