Hospitality and Travel Job Roles Soars With 169% Surge In Hiring: foundit Insights Tracker

Nov 27, 2023 | Business

foundit (formerly Monster APAC & ME), one of the leading talent management platforms, today published the foundit Insights Tracker (fit) for October 2023, formerly published as Monster Employment Index (MEI). According to the Malaysian fit report, job roles in the Hospitality and Travel sector have impressively grown by 169% over the past year.

The tracker also reveals a promising year-on-year (YoY) growth of 16% e-recruitment, as the index climbed from 69 in Oct 2022 to 80 in Oct 2023. Additionally, a month-on-month (MoM) analysis also indicated an increase reflecting a positive job market. The rising index values reveal a thriving labour market that will benefitemployers and job seekers alike.

Commenting on Malaysia’s job trends for May 2023, Sekhar Garisa, CEO, foundit, said, “Our findings indicate a strong momentum and a promising future for Malaysia’s labour market. However, in this competitive landscape, companies are  emphasising on individuals with sspecialised skills. Hence, job seekers must always be aware of the changing demands of the industry and equip themselves with the required skills. Upskilling and continuous learning will be the key to unlocking new opportunities and thriving in this dynamic landscape.”

Engineering, Construction, and Real Estate follow an upward trend in hiring activity, while the Oil and Gas, BFSI and IT/ Telecom & BPO Industries witness a drop in recruitment.

The Hospitality and Retail industries continue to lead the way among the industries, showing steady growth. The Hospitality industry saw a remarkable YoY growth of 111%, driven by Malaysia’s booming tourism industry, which draws an increasing number of domestic and foreign tourists. Similarly, the Retail industry at 108% marked noteworthy progress in e-recruitment owing to the huge retail sales. Being next in the rung, Engineering, Construction, and Real Estate industries also witnessed a YoY increase in October 2023 with a 42% rise in the hiring activity due to infrastructure developments, govt. policies, and rapid urbanisation plans of Malaysia. 

The Oil and Gas industry, along with BFSI, IT, Telecom/ISP, and BPO/ITES, recorded a substantial deceleration in hiring activity, with a YoY decrease of 11%, 9% and 6%, respectively. This trend can be attributed to economic slowdowns, or uncertainties that lead to reduced investments and lower demand for services.

However, barring these  industries, the overall hiring sentiment in Malaysia has been positive with Logistic, Courier/ Freight/ Transportation, Shipping/ Marine (+27%), Advertising, Market Research, Public Relations, Media and Entertainment (+17%) and Production/Manufacturing, Automotive and Ancillary (+12%) industries registered a substantial annual growth in October ’23. Overall, there has been an optimistic hiring in Oct ’23.

Hospitality, Retail & Real Estate Lead the Way in Hiring Trends

In terms of functional roles, Hospitality & Travel jobs continued to witness significant demand in Oct 2023, with a staggering YoY growth of 169% driven by international tourism. This economic recovery created an online demand for other job roles, such as Sales & Business Development (44%) and Marketing & Communications (12%) as well. A few of the other job roles that have showcased a robust YoY growth rate include Engineering/ Production, Real Estate (+10%), HR & Admin (+7%), Purchase/ Logistics/ Supply Chain (+6%) and Software, Hardware & Telecom (+5%)

The roles in Customer Service (-24%) were the sole function to exhibit a negative growth trend despite having a 19% increase over the last month. Several reasons can be attributed to this, including the advancements in technology that have led to the implementation of automated customer service systems such as chatbots and self-service portals. There have also been instances during challenging economic times where businesses need to prioritise cost-cutting measures, resulting in a decrease in hiring across various job roles, including customer service.

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.

Period for the report 

The period considered for the foundit Insights Tracker (fit) data is Oct 2022 Vs Oct 2023.

About foundit – APAC & Middle East 

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-spersonalised job searches, and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,

Visit: www.foundit.com.ph|www.foundit.my | https://www.foundit.in| https://www.founditgulf.com | https://www.foundit.sg| www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
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Topic: Press release summary

HuSTL Hospitality CEO Danni Eickenhorst Named to NSBA Leadership Council

Oct 25, 2023 | Business

 Eickenhorst will Work with Congress Members & Federal Officials to Advocate on Behalf of Small Businesses

Danni Eickenhorst, CEO of HuSTL Hospitality, the group behind Steve’s Hot Dogs, The Fountain on Locust and Steve’s Meltdown, was recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis.

Danni, a recognized leader in the St. Louis small-business community, joins the NSBA Leadership Council alongside other small-business advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C.

“As a small-business owner, I see daily the importance of being involved and active when it comes to laws and regulation and have a long track record of working with City and State officials to make our communities stronger – and to ensure that small businesses are supported,” stated Eickenhorst. “Joining NSBA’s Leadership Council will enable me to take our collective small-business message to the people that need to hear it most: Congress.”

Danni Eickenhorst is the CEO of HuSTL Hospitality Group, a serial entrepreneur and founder. Danni is a community builder and a devoted St. Louisan who bleeds red, yellow and navy blue. She has built a platform that she utilizes to shine a light on causes that she cares about in the community – and is constantly working to make the St. Louis region a better place for everyone – especially startups and small businesses. In addition to her new role with the NSBA, Danni also currently sits on the boards of the South Grand Cultural Alliance and the Midtown Alley Business Alliance.

Eickenhorst joined the NSBA Leadership Council as part of her efforts to tackle the many critical issues facing small business, including tax reform, regulatory restraint, health care costs and how access to capital will impact small business. The NSBA Leadership Council is focused on providing valuable networking between small-business advocates from across the country while ensuring small business a seat at the table as Congress and regulators take up key small-business proposals.

“I am proud to have Danni Eickenhorst as part of our Leadership Council,” stated NSBA President and CEO Todd McCracken. “She came to us highly recommended, and has a track record of advocating for the causes she cares about – including small business. I look forward our partnership for years to come.”

HuSTL Hospitality
Danni Eickenhorst
314-580-8874
www.huSTL.group

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Malaysian Hospitality Sector Sees a 59% Growth in Hiring: foundit Insights Tracker

May 8, 2023 | Business

foundit (formerly Monster APAC & ME) (www.foundit.my), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for Malaysia, formerly published as Monster Employment Index (MEI). According to the tracker, e-recruitment in Malaysia has grown impressively by 13% over the past six months.

Additionally, the tracker recorded a YoY increase of 2.6%, with the index rising to 78 in March 2023 from 76 in March 2022. The tracker showed a 3% rise month over month, with an index of 76 in February. These encouraging figures imply that the labour market is improving gradually but steadily and that demand for online jobs will continue to increase in the upcoming months.

Commenting on Malaysia’s job trends for Malaysia, Sekhar Garisa, CEO, foundit, said, “The job market in Malaysia has displayed remarkable resilience, showing consistent growth over the past year, reflecting a gradual but positive shift in the labour market. Despite ongoing concerns surrounding the global economic outlook, many companies are still actively seeking new talent, particularly individuals with specialized, high-demand skill sets. Hence, job seekers must stay up-to-date with industry demands and focus on building skills that give them an edge.”

Hospitality and Retail Top the Charts, while IT and Logistic Industries Witness a Drop in Hiring Activity

The fit reveals that the Hospitality industry continued to dominate the job market in March 2023, with a YoY increase of 59%. The industry’s increased adoption of sustainable solutions has been key in driving hiring demand. The Retail and BFSI industries saw a YoY increase in hiring demand in March 2023, with a 26% rise in Retail due to increasing sales in the consumer market, while BFSI saw a 17% increase driven by the development of digital banking ecosystems. Among others, the Oil and Gas industry saw an improved hiring demand in March 2023 with a YoY increase of 6%, as the sector was going through its low since November 2021.

However, the IT, Telecom/ISP, and BPO/ITES industries recorded a consecutive drop in hiring activity, with a YoY decrease of 24%. This trend can be attributed to recent retrenchments and hiring freezes by major tech companies. Additionally, the Logistics, Courier/Freight/Transportation, and Shipping/Marine industries experienced a major setback in hiring demand, with a YoY decrease of 21%. Other industries such as Engineering, Construction and Real Estate, Production/Manufacturing, Automotive and Ancillary, and Advertising, Market Research, Public Relations, Media, and Entertainment also saw a decline in hiring. These changes could be due to uncertain global economic conditions.

Hospitality & Travel, Sales & Business Development, and Finance & Accounts Lead the Way in Hiring Trends

In terms of functional roles, Hospitality & Travel saw the most significant demand in March 2023 with a growth of 210% YoY, followed by Sales & Business Development, which registered a consecutive uptick in hiring demand of 15% YoY. The Finance & Accounts function also saw an increase in risk management and compliance roles, with a growth of 13% YoY. The hospitality sector is experiencing a surge due to the rise in domestic tourism. Similarly, the Finance & Accounts function is seeing a rise in compliance roles due to regulatory changes, online sales channels.

On the other hand, the pace of growth moderated further for Customer Service roles, which registered a double-digit decline of 51% YoY. Additionally, Purchase/ Logistics/ Supply chain and Software, Hardware & Telecom job roles exhibited a decline in online recruitment levels vis-a-vis the previous year in March 2023, with a decline of 9% YoY and 3% YoY, respectively. There were fewer opportunities created YoY for Engineering/Production, and Real Estate professionals, with a decline of 2%, while other functions such as Marketing & Communications and HR & Admin saw a positive trend of 8% YoY and 1% YoY, respectively.

The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.

Period for the report

The period considered for the foundit Insights Tracker (fit) data is March 2022 to March 2023.

About foundit – APAC & Middle East

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches and precision hiring. foundit strongly believes that a job title doesn’t define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

To learn more, about foundit in APAC & Gulf,
Visit: www.foundit.my | www.foundit.com.ph | https://www.foundit.in| | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.idhttps://www.founditgulf.com | https://www.foundit.sg | www.foundit.com.hk | https://www.foundit.id

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034


Topic: Press release summary

Helix Hospitality Announces the Acquisition of the Hampton Inn & Suites East Eagle Point

Jun 29, 2022 | Business

 Helix Hospitality, a Chicago-based hotel group, is pleased to announce the acquisition of the Hampton Inn & Suites (6220 Farley Court) in Birmingham, Ala.

“The Hampton Inn & Suites in East Eagle Point is our first acquisition in the post-COVID era and we couldn’t be more excited,” said JR Patel, President and Chief Operating Officer of Helix. “Our team is energized for growth and we’re excited to add another beautiful asset to our growing portfolio. It’s also great to be back in Alabama, where it all started for our founders nearly 30 years ago.”

The 106-room hotel is situated just 20 minutes from central Birmingham off Highway 280, with proximity to the McWane Science Center, Birmingham Civil Rights Institute and Botanical Gardens, as well as Oak Mountain State Park. Guests can enjoy free hot breakfast each day, complimentary Wi-Fi, an outdoor pool, fitness center, pet-friendly accommodations, a business center, 800-square-feet of event space, meeting rooms and much more.

The new property is the 11th in Helix’s growing portfolio with hotels located throughout the South and Midwest. The company has grown from humble beginnings, as operators, running and managing a single hotel in nearby Montgomery to one of the country’s leading hospitality management groups. Helix prides itself on over two decades of proven success, a custom technology backbone designed for strategic operational efficiency, and a veteran leadership team with extensive experience in both hotel investment and management.

For more information about the Hampton Inn & Suites East Eagle Point, please visit: https://www.hilton.com/en/hotels/bhmlbhx-hampton-suites-birmingham-280-east-eagle-point/ and for more information on Helix Hospitality, please visit helixhotels.com.

About Helix Hospitality

Chicago-based Helix Hospitality is a hotel ownership and management company with a nationwide reach, representing many of the top hotel brands in the country. Founded in 2012, Helix Hospitality has 11 properties and over 300 employees, with plans for further expansion and acquisitions. For more information about Helix Hospitality please visit helixhotels.com or follow along on Facebook, Instagram, Linkedin, or Twitter.

Helix Hospitality is a member of the Pii Capital Family, a Chicago-based family office with over 30 years of successful development and growth in the commercial real estate industry. Pii Capital includes Helix Hospitality as well as SPACE Self Storage, which develops and invests in self storage facilities in growing cities across the United States. For more information, please visit pii.capital.

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Carly Kuikman

(978) 604 – 0904

https://www.wearecoordinate.com/

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Hospitality 360 Launches Kuantan 188, Malaysia’s Second Tallest Tower; Targeting 350,000 Visitors This Year

Feb 22, 2022 | Business

Hospitality 360, the hospitality arm of MAA Group Berhad, is pleased to announce the unveiling of Kuantan 188, a 188-metre tower that graces the heart of Kuantan, Pahang as well as Malaysia’s second-tallest tower, on 20 February 2022.
Locals and tourists alike can now buy tickets online at Kuantan 188’s official website, travel Artificial Intelligence (“AI”) technology platform Go Tifi and on site to visit this iconic tower with the only 360-degree view of Kuantan. They can enjoy a panoramic view of Kuantan City and the Kuantan River, while adrenaline junkies are sure to enjoy extreme activities such as the ‘Sky Walk’, ‘Drop Zone’ and ‘Anthena Climb’ similar to those found at Macau Tower and Taipei 101.

The launch saw Kuantan 188 unveil its new logo and receive certification as an official member of the World Federation of Great Towers. It was a momentous and auspicious occasion with the attendance of YB Datuk Seri Dr Santhara J.P., Deputy Minister of Tourism, Arts and Culture Malaysia; Datuk Seri Mohd Sharkar, Chairman of the Pahang State Tourism, Culture, Environment, Plantation and Commodities Committee; and Dato’ Indera Omar Naresh Mohan (“Dato’ Indera Omar”), the President and Group CEO of Hospitality 360.

“Malaysians and the people of Pahang are lucky to have the second tallest tower in our country with stunning views. I believe that today’s launch will give a new breath and an injection of exciting spirit to the management of Kuantan 188 to further develop this tower to the eyes of the world, especially in attracting more domestic and foreign tourists to visit Kuantan 188 and Pahang,” said YB Datuk Seri Dr Santhara.

“This launch coincides with the takeover of tower operations on 1 January 2022. We aim to make Kuantan 188 a modern tourism destination hub in Pahang and the East Coast by launching a series of activities here in the coming months,” Dato’ Indera Omar mentioned.

Kuantan 188 is a strategic landmark developed by the Federal Government through the East Coast Economic Region Development Council (ECERDC) in collaboration with the Pahang state. Kuantan 188 is part of a series of developments to improve the Kuantan Waterfront, a key asset and cultural heritage that will enhance the city’s tourist attractions in the area.

Guests may visit the tower from 10.00am to 10.00pm on weekdays or 10.00am to 12.00am on weekends with tickets beginning from RM15 for adults and RM10 for children to visit the observation deck; RM28 for adults and RM18 for children to visit the Skydeck; and RM38 for adults and RM18 for children to visit both the observation deck and Skydeck.






Topic: Press release summary