Advancing Hospitality Skills and Careers Is a Core Focus of Sands’ Priority on Workforce Development

NORTHAMPTON, MA / ACCESSWIRE / February 26, 2024 / Las Vegas Sands

Over the past year, Sands has made significant contributions to increasing skills and promoting careers in a variety of disciplines related to travel and tourism by supporting developmental opportunities that can help people working in its local communities' hospitality industry create long-term career paths and obtain higher-paying jobs.

Ensuring a pipeline of hospitality industry talent through skills development and career advancement is a core focus under the company's priority on workforce development, along with advancing opportunities for Team Members and the local labor pool as a whole. Sands aims to invest $200 million in workforce development programs by 2025, as one of its three primary corporate responsibility ambitions.

Initiatives to advancing hospitality industry workers span a variety of programs, based on each region's landscape and needs.

Singapore

In late 2023, Sands and Marina Bay Sands awarded funding to the first 49 recipients in the $1 million Sands Hospitality Scholarship Program, established to help cultivate a pipeline of talent and capitalize on the tremendous tourism growth projected in Singapore over the coming years. Aimed at encouraging the region's brightest talent to consider hospitality careers, the program will ultimately support more than 100 students in pursuing hospitality or tourism-related courses at six institutes of higher learning.

Since 2018, Marina Bay Sands has worked closely with the Singapore Institute of Technology to nurture promising talents who are keen to develop their careers in the hospitality industry. The integrated resort has donated more than $447,000 toward the Marina Bay Sands Bursary, which has provided financial assistance for 120 undergraduates pursuing bachelor of hospitality business degrees to help them hone their interest and skills toward a hospitality profession.

Marina Bay Sands also offers ongoing programs to host hospitality students onsite, provide trainings and offer mentoring. One initiative is the In Conversation With series, which hosts leaders in a variety of fields related to hospitality and tourism for learning sessions with students and aspiring professionals. Guest speakers have included acclaimed director Steven Caple Jr. and producer Lorenzo Di Bonaventura, known for their work on the blockbuster film "Transformers: Rise of the Beasts," chef and restaurateur Daniel Boulud, and environmental and sustainability experts from the Prince Albert II of Monaco Foundation.

So handeln Sie das Kursziel

Der Analyst erwartet ein Kursziel von 46,98$, was eine Steigerung von +5,00% zum aktuellen Kurs entspricht. Mit diesen Produkten können Sie die Kurserwartungen des Analysten übertreffen.

 

Morgan Stanley

 

Alle Partner

Übernehmen

Für Ihre Einstellungen haben wir keine weiteren passenden Produkte gefunden.
Bitte verändern Sie Kursziel, Zeitraum oder Emittent.Alternativ können Sie auch unsere Derivate-Suchen verwenden
Knock-Out-Suche | Optionsschein-Suche | Zertifikate-Suche

WerbungDisclaimer