New global program designed to introduce disconnectedyouth to hospitality, provide needed employment opportunities
CHICAGO, US - Media OutReach - Oct. 2 2018 - HyattHotels Corporation (NYSE:H) today announced the launch of RiseHY, a new global programdesigned to pair the hospitality industry's career opportunities with youngpeople who need them. As part of the initiative, Hyatt hotels around the world committo hiring 10,000 Opportunity Youth -- people ages 16 to 24 who are neither inschool nor working -- by 2025.
According to the InternationalLabour Organization,more than 40 percent of the world's young people are either unemployed orliving in poverty. As reported by Measureof America, there are 4.9 millionOpportunity Youth who are disconnected from the economy in the U.S. alone.
"We understand thechallenges young people face, and Hyatt hotels are uniquely positioned to bepart of the solution. Hospitality is one of the few industries where entry-levelopportunities often lead to fulfilling, life-long careers that can change thetrajectory of someone's life," said MalaikaMyers, chief human resources officer, Hyatt. "With the launch of RiseHY, Hyatthotels will harness the power of technology in ways our industry has never donebefore to scale career opportunities, bringing awareness to hospitalitycareers, setting candidates up for success from the start, and expanding trainingprograms as a path for employment."
Virtual Reality: BringingAwareness to Hospitality Careers
Using virtual technology, youth across global communities will beable to experience what employment inside a hotel looks like, from home or a communitycenter. With this immersive experience, candidates will be able to spend a "dayin the life" of hospitality professionals and learn about key roles Hyatthotels offer, including bell attendant, entry-level culinary, housekeeper,steward and waiter/waitress. Preview the experience at youvisit.com/tour/hyatt.
Digital Skill-Matching: SettingYouth Up for Success from the Start
Funded in part by Hyatt Hotels Foundation, digital technology thattaps into artificial intelligence will also be made available tocommunity-based organizations in order to identify candidates' inherent soft skillsand match those to entry-level roles in the hospitality industry -- and not justat Hyatt hotels. Candidates that match to hospitality roles will then have theoption to be referred to human resources teams at a variety of hotels throughcommunity-based organizations, ensuring they are set on a path that aligns withtheir skillset.
Training Programs withCommunity-Based Organizations: Pathways for Employment
As part of RiseHY, Hyatt hotels will build upon their long-standingengagements with local community-based organizations and further expand ourglobal network to scale training programs and accelerate Opportunity Youthhiring. Working with organizations like Grads of Life and Youth CareerInitiative (YCI), Hyatt hotels will provide on-the-job training and employmentopportunities across the globe.
"Grads of Life is thrilled to be part of Hyatt's ambitious effortto expand career opportunities for Opportunity Youth across the globe," said ElyseRosenblum, principal, Grads of Life. "We were honored to assist Hyatt indeveloping RiseHY and believe that this program will give many young adults achance to explore a career in hospitality -- an industry that offers significantopportunity for professional growth and advancement."
RiseHYbuilds on a long-standing commitment across Hyatt hotels worldwide, many ofwhich already have existing relationships with community-based organizationsproviding vocational training and career readiness programs.
"Hyatt's support of Youth Career Initiative since 2008 has helpedover 300 disadvantaged young people train and secure meaningful employment atHyatt hotels around the world," said Wolfgang M. Neumann, chair, InternationalTourism Partnership. "We are incredibly excited that Hyatt has chosen our YCIprogram as a strategic partner for RiseHY. Together, we aim to provide vocational skills, training and employmentopportunities to thousands of the most disadvantaged young people, empowering them to improvetheir lives and build successful careers in the hospitality industry."
"It has always been in the Hyatt DNA to build a diverse andinclusive global Hyatt family, and our hotels have been working with localorganizations for decades to bring employment opportunities to underservedmembers of our communities," said Mark Hoplamazian, president and CEO, HyattHotels Corporation. "RiseHY is a focused commitment that not only brings ourpurpose -- we care for people so they can be their best -- to life in ourcommunities, but it is also a business imperative to ensure we have a diversepipeline of great talent for the future."
Watch the videoannouncement from Chief Human Resources Officer Malaika Myers and learn more athyatt.com/risehy.
The term "Hyatt" is used for convenience torefer to Hyatt Hotels Corporation, one or more of its affiliates, and/or one ormore Hyatt hotels. Some of these positions will be at hotels managed by Hyattwhile other positions may be at hotels franchised by Hyatt and/or where a thirdparty is the employer. It does not refer to the Hyatt Hotels Foundation. Pleasenote that all hiring by Hyatt hotels is subject to applicable law, which mayinclude without limitation non-discrimination and minimum age requirements.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquarteredin Chicago, is a leading global hospitality company with a portfolio of 14premier brands. As of June 30, 2018, the Company's portfolio included more than750 properties in more than 55 countries across six continents. The Company'spurpose to care for people so they can be their best informs its businessdecisions and growth strategy and is intended to attract and retain topcolleagues, build relationships with guests and create value for shareholders.The Company's subsidiaries develop, own, operate, manage, franchise, license orprovide services to hotels, resorts, branded residences, vacation ownershipproperties, and fitness and spa locations, including under the ParkHyatt®, Miraval®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®,The Unbound Collection by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Ziva™,Hyatt Zilara™, Hyatt Residence Club® and exhale® brandnames. For more information, please visit www.hyatt.com