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The Large Resort CEOs Noticed $50+ Million Packages in 2023

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Skift Take

In the present day’s podcast appears at CEO salaries, Ben Drew’s subsequent steps, and a brand new Boeing whistleblower.

Good morning from Skift. It’s Wednesday, April 10. Right here’s what it is advisable know in regards to the enterprise of journey at this time.

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Episode Notes

A number of main resort CEOs took dwelling extra money in 2023 than they did the earlier 12 months. Senior Hospitality Editor Sean O’Neill gives details about their pay packages. 

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Hilton CEO Christopher Nassetta was the best paid resort government in 2023, making $56.8 million. He was awarded about $8.3 million in whole compensation the earlier 12 months. O’Neill cites stock-market positive aspects as a motive why Nassetta’s pay bundle was considerably greater. Hilton’s inventory worth jumped 42% final 12 months, and Nassetta acquired $16.3 million in inventory awards. 

Hyatt CEO Mark Hoplamazian was the second-highest paid resort CEO in 2023, making near $56.4 million.

Subsequent, Viator President Ben Drew has introduced he’s leaving the corporate, experiences Senior Hospitality Editor O’Neill.  

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Drew mentioned he would go away Viator — Tripadvisor’s journey experiences model — on April 12 for “a brand new alternative in a brand new business.” Drew, who had beforehand labored at Expedia and Deloitte, has served as Viator president since 2020. Viator generated about $4 billion in gross bookings final 12 months, a determine Drew mentioned was solely about 1% of the experiences bought on-line and off. 

Lastly, a whistleblower at Boeing claims the planemaker took shortcuts to make each the 787 and 777, writes Airways Reporter Meghna Maharishi. 

Boeing engineer Sam Salehpour mentioned the corporate has dismissed repeated issues in regards to the high quality management of the 787 Dreamliner and 777. These fashions are among the many most used widebodies within the aviation business. Federal authorities are presently investigating Salehpour’s claims, which have been made public on Tuesday. He had filed a criticism with the Federal Aviation Administration in late January. 

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Boeing has disputed a few of the claims and mentioned it has labored to enhance the manufacturing and high quality management processes of the 787. 

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