Business & Finance

Kiwi Collection Welcomes Erik Wachtmeister to Advisory Board

JANUARY 18, 2008. The newest addition to the esteemed Kiwi Collection Advisory Board is Erik Wachtmeister, Chairman and Founder of aSmallWorld.net - the increasingly popular private online community that allows members to network more effectively with like-minded individuals. Wachtmeister joins the ranks of other prominent Kiwi Collection Advisory Board members, including Gamal Aziz (MGM Grand Hospitality), Sonu Shivdasani (Six Senses Group) and Matthew Upchurch (Virtuoso) to name a few. Kiwi Collection, a Web-based luxury travel resource (www.kiwicollection.com), is where discerning travelers go to find the world's best accommodations and insider travel advice.

"The Kiwi Collection welcomes Erik Wachtmeister to our Advisory Board with open arms," said Philippe Kjellgren, President of Kiwi Collection, Inc. and Mary Gostelow, Editor-in-Chief of WOW Travel. "His networking vision has garnered an impressive community of individuals who are keyed in to the best in world travel and who have their finger on the pulse of the next best destinations. We look forward to gaining insight with their membership base - and Erik's own travel expertise."

An invitation-only online community, aSmallWorld.net was created in 2004 by Wachtmeister and his wife Louise in order to establish a forum for wealthy individuals to share trusted opinions and information. Frequently described as "myspace for millionaires," the site offers travel suggestions, feedback, lively forum discussions, listings of events around the world, a personal messaging service, suggestions and user ratings for travel and restaurants, and city-based resources. Prior to establishing aSmallWorld, Wachtmeister founded Viking Internet, a UK-listed investment vehicle and served as the Web site's CEO after holding senior corporate finance positions with Ladenburg, Thalmann in New York and Los Angeles, Rothschild in New York, and Lehman Brothers in London and New York. He received his MBA from INSEAD in 1983, and his BS in Foreign Service from Georgetown University in 1977.

Coming Up In The March Online Hotel Business Review


Feature Focus
Hotel Human Resources 2015: Recruiting and Retaining the Best Employees
Due to the ever-increasing demands for improvements in guest experience, intense pressures are brought to bear on hotel workforces, as well as on the Human Resource professionals who are responsible for recruiting, training and retaining them. Meeting and exceeding guest expectations requires a substantial investment in recruiting and development, so that top talent can be hired, and career paths can be established to ensure the continuation of five-star service performances. So important is staff development that most HR professionals believe that retaining and rewarding their best employees, and cultivating the next generation of corporate leaders represent their greatest challenges. And they are expected to accomplish these feats at a time when competition for in-demand skilled talent has never been greater, and when HR budgets are still constrained due to the slow-growth recovery following the Great Recession of 2007-2009. HR strategies continue to evolve as social media has become an accepted means for recruiting purposes, and there is also a greater emphasis on metrics so that investments in HR practices and policies can be measured and justified. In addition, issues surrounding demographic changes in the workforce are being addressed. A large percentage of existing workers are ageing out of the industry, just as the Millennial generation is entering it, and there is also greater diversity in the workforce which affects many aspects of HR operations. The March Hotel Business Review will examine some of the challenges facing HR professionals, and will report on some of the best practices they are employing to achieve their goals.