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 Speranza Forms Hospitality Talent Scouts, Inc.; Executive Search
and Consulting Firm to Provide “Key People” Services
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NEW YORK, N.Y., September 12, 2005 — Hospitality veteran Frank Speranza today announced the formation of Hospitality Talent Scouts, Inc. (HTS), an executive search and consulting firm.  Headquartered in New York City, the firm will provide a broad array of services to the hospitality industry.

“Good talent is always hard to find and attract,” said Speranza, HTS CEO.  “With the hotel economy in a robust rebound, we predict that people will be the number one issue facing hotel owners and management for at least the next three years.”

HTS will focus on several key areas:
 

Recruiting — The firm will provide executive recruiting at both the corporate and hotel levels.  “We have worked in a wide array of corporate, operations, sales and marketing and human resources positions and virtually every position in a hotel, ranging from executive housekeeper through general manager, and know the skills and attributes needed to succeed,” Speranza said.  “We also know how to match up personalities to the existing staff in order to enhance the culture.”
Property-based Services — When a hotel needs to fill a key position quickly, HTS will literally move into the property until the position is filled to help analyze the local market, identify all the competitors’ counterparts by name and skills, and quickly locate the right talent. 
Selection Services — The firm will support owners or asset managers by providing a “second,” professional opinion of a potential candidate, including review of resume, references and a personal interview, to verify that the candidate is the best person for the job.  “Should the candidate that we endorse not meet an owner’s expectations, HTS will conduct a complimentary search for a replacement,” he said.
Retention Services — HTS will analyze a property’s turnover history and provide the insights and solutions needed to make substantial reductions in turnover.  In addition, the firm can work with its clients to help retain key people who have indicated a desire to leave their current employment.
Competitive Talent Assessments — The firm will conduct a competitive-set audit of the management staff of other local hotels by a specific management discipline.  The assessment includes identifying and ranking key staff positions to determine who has the “best” staff in a specific market.  The results enable owners to fairly assess their own staff and to help in recruitment efforts. 
Training Seminars — HTS has the expertise to provide training at both the property and corporate levels on how to attract, and more important, retain the best possible associates.  Each seminar is custom-tailored to each specific need.
Operational Consulting — The firm can call on its years of hands-on operations expertise to provide real, workable plans to help mold organizations, both in terms of establishing culture and in executing the business plan.
Exclusive Candidate Representation — HTS will enter into a contractual agreement with hospitality professionals under which the firm will exclusively work on the candidate’s behalf to locate a new position within a specified timeframe.  All fees are paid by the future employer.  In addition, the firm will provide resume consulting services.   “Oftentimes, great talent knows it must make a change to continue to enhance their careers,” he said.  “This representation process helps pair managers with the right situations.”

Previously, Speranza, a 30-year hospitality veteran, worked with Interstate Hotels & Resorts for 10 years, five of which as an operational vice president.  In that role, he oversaw portfolios in America and Canada, ranging in size from 15 to 26 hotels, both branded and non-branded properties. 

Prior to his tenure at Interstate, Speranza worked in various senior hospitality positions in the New York City area, including with such properties as The Waldorf Astoria, Hilton International’s New York Vista Hotel at The World Trade Center (subsequently known as The Marriott World Trade Center), The Hotel Macklowe and Macklowe Conference Center (now The Millennium Broadway) and the East Side Kimberly Suite Boutique Hotel.

Speranza holds a Bachelors of Science degree from Florida International University’s School of Hospitality Management.  His hotels have won numerous awards throughout his operations career, and he was inducted in 1998 into The Waldorf-Astoria Distinguished Alumni Association.

“It takes the best people to maximize a hotel’s potential,” Speranza said.  “Our goal is to help properties and corporations locate, nurture and build teams that will consistently outperform their competition.”

Hospitality Talent Scouts, Inc. (HTS) is an executive search and consulting firm headquartered in New York, N.Y.  For more information please visit the Web site at www.HospitalityTalentScouts.com

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Contact:

 Hospitality Talent Scouts, Inc.
645 West 27 th Street
New York, NY 10001
Tel: 212-564-3334 | Fax: 212-202-4280
E-mail:info@hospitalitytalentscouts.com
www.HospitalityTalentScouts.com


 


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