Red Roof Advocates For Women In Hotel Leadership And Ownership – Forbes

Red Roof Advocates For Women In Hotel Leadership And Ownership – Forbes

 

Report on Red Roof’s Contribution to Sustainable Development Goals through Diversity and Inclusion Initiatives

Introduction

This report analyzes the corporate strategies implemented by the hospitality brand Red Roof, focusing on their alignment with the United Nations Sustainable Development Goals (SDGs). While the hospitality workforce includes a significant number of women, their representation in executive leadership and ownership remains disproportionately low. Red Roof has instituted specific programs designed to address these disparities, contributing directly to several key SDGs. This analysis will focus on the “SHE, inspired by Red Roof” and “RIDE with Red Roof” initiatives and their impact on gender equality, economic growth, and reduced inequalities.

Analysis of Corporate Initiatives and SDG Alignment

Advancing SDG 5: Gender Equality

Red Roof’s corporate strategy demonstrates a significant commitment to SDG 5: Gender Equality, which aims to end all forms of discrimination against women and girls and ensure women’s full participation in economic and public life. The company’s “SHE, inspired by Red Roof” program is a primary vehicle for this commitment.

  • Objective: The program was specifically designed to empower women across all levels of the organization.
  • Key Support Areas: It provides mentorship, essential resources, and a professional network to foster advancement into property ownership and corporate leadership roles.
  • Measurable Impact: The company reports that its efforts have resulted in a corporate structure where:
    1. Women comprise 59% of the total team.
    2. Women hold 40% of leadership positions at the director level and above.

These outcomes represent tangible progress toward Target 5.5, which calls for ensuring women’s equal opportunities for leadership at all levels of decision-making.

Fostering SDG 8: Decent Work and Economic Growth & SDG 10: Reduced Inequalities

The company expanded its inclusion efforts with the “RIDE with Red Roof” initiative, which directly supports SDG 8: Decent Work and Economic Growth and SDG 10: Reduced Inequalities. This program broadens the focus from gender to include other underserved and underrepresented communities, promoting inclusive and sustainable economic growth.

  • Inclusive Entrepreneurship: By providing pathways to hotel ownership, the program aligns with Target 8.3, which promotes development-oriented policies that support entrepreneurship and innovation. It acknowledges that valuable leadership and business management skills are transferable from other industries, thereby lowering entry barriers.
  • Economic Inclusion: The RIDE initiative directly addresses Target 10.2, which aims to empower and promote the social and economic inclusion of all, irrespective of gender, race, or economic status.
  • Demonstrated Results: Since the launch of RIDE and the rebranding of SHE, Red Roof has onboarded over 30 new hotel owners who are either women or from other underrepresented groups.

Strategic Partnerships for Financial Inclusion (SDG 17)

Overcoming Systemic Barriers to Capital

A significant barrier to achieving the goals of SDG 5 and SDG 10 is the lack of equitable access to capital for women and minority entrepreneurs. The RIDE with Red Roof program is structured to mitigate this challenge by connecting aspiring hoteliers with financial resources.

The Role of Multi-Stakeholder Partnerships (SDG 17)

Red Roof’s approach exemplifies SDG 17: Partnerships for the Goals, which encourages public-private and civil society partnerships to support the achievement of sustainable development. A key example is the company’s strategic partnership with Bridge, a financial platform.

  • Purpose of Partnership: The collaboration is designed to increase and accelerate access to capital for Red Roof hotel owners.
  • Intended Outcome: This partnership makes hotel ownership more attainable and sustainable for women and other underrepresented entrepreneurs in the hospitality sector.
  • Function: It provides franchisees with the tools, resources, and direct financial pathways necessary to launch, grow, and thrive in the current economic environment.

Conclusion

Red Roof’s “SHE” and “RIDE” initiatives provide a clear framework for how a corporation can integrate Sustainable Development Goals into its core business model. By focusing on mentorship, resource provision, and strategic financial partnerships, the company actively contributes to advancing gender equality (SDG 5), promoting inclusive economic growth through entrepreneurship (SDG 8), reducing systemic inequalities (SDG 10), and leveraging partnerships to achieve these goals (SDG 17). This model serves as a replicable example for the wider hospitality industry to foster a more inclusive and equitable future.

Analysis of Sustainable Development Goals (SDGs) in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 5: Gender Equality

    The article’s central theme is the advancement of women in the hospitality industry. It directly addresses the underrepresentation of women in “executive leadership and ownership roles” and details initiatives like “SHE, inspired by Red Roof” which are specifically “designed to support women across all levels of the organization.”

  • SDG 8: Decent Work and Economic Growth

    The article focuses on promoting entrepreneurship and hotel ownership, which contributes to job creation and economic growth. It discusses how Red Roof’s programs support aspiring entrepreneurs by providing “educational resources tailored to hotel ownership, operations and leadership” and fostering the growth of small and medium-sized enterprises (hotels).

  • SDG 10: Reduced Inequalities

    The article explicitly mentions efforts to reduce inequalities. The “RIDE with Red Roof” initiative expanded the company’s commitment “beyond gender equity to include other underserved and underrepresented communities.” This directly aligns with the goal of promoting the social and economic inclusion of all, irrespective of their background.

2. What specific targets under those SDGs can be identified based on the article’s content?

  1. SDG 5: Gender Equality

    • Target 5.5: Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life.

      The article highlights the problem of women being “underrepresented in executive leadership” and explains how Red Roof’s programs aim to create “pathways for advancement” and ensure women “have a seat at every table where decisions are made.” The statistic that women hold “40% of our leadership roles at the director level and above” directly relates to this target.

    • Target 5.a: Undertake reforms to give women equal rights to economic resources, as well as access to ownership and control over… other forms of property, [and] financial services…

      The initiatives discussed are focused on empowering women to achieve “hotel ownership.” The “RIDE with Red Roof” program is specifically designed to help “ensure access to capital for women hoteliers” by connecting them with lenders and financial partners, directly addressing the need for access to economic resources and financial services.

  2. SDG 8: Decent Work and Economic Growth

    • Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship… and encourage the… growth of micro-, small- and medium-sized enterprises, including through access to financial services.

      The article describes programs that foster entrepreneurship in the hospitality sector. By providing “mentorship, resources and a strong professional network” and helping new owners secure capital, Red Roof is promoting the growth of new hotel businesses (small and medium-sized enterprises) and supporting job creation.

  3. SDG 10: Reduced Inequalities

    • Target 10.2: By 2030, empower and promote the social, economic and political inclusion of all, irrespective of… sex… or other status.

      The article details the evolution of the “SHE” program into “RIDE with Red Roof,” which “expanded our commitment beyond gender equity to include other underserved and underrepresented communities.” This shows a clear policy to empower and promote the economic inclusion of various groups, directly aligning with this target.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

  1. Proportion of women in leadership positions: The article provides a direct metric: “women comprise 59% of Red Roof’s team, and they hold 40% of our leadership roles at the director level and above.” This is a clear indicator for measuring progress towards Target 5.5.
  2. Number of new women and minority owners: The article states, “Since the launch of RIDE and the rebranding of SHE, Red Roof has welcomed over 30 new owners who are either women or representatives of underserved markets into our ownership community.” This number serves as a direct indicator for Targets 5.a, 8.3, and 10.2, measuring the success of programs aimed at increasing ownership among these groups.
  3. Establishment of financial access programs: The article mentions a specific “partnership with Bridge, a platform focused on increasing and accelerating access to capital for Red Roof hotel owners.” The existence and outcomes of such partnerships are indicators of the effort to provide access to financial services, relevant to Targets 5.a and 8.3.

4. SDGs, Targets, and Indicators Summary

SDGs Targets Indicators
SDG 5: Gender Equality 5.5: Ensure women’s full and effective participation and equal opportunities for leadership.

5.a: Give women equal rights to economic resources and access to ownership and financial services.

– Proportion of women in leadership roles (stated as 40% at director level and above).
– Number of new women hotel owners (part of the “over 30 new owners” figure).
SDG 8: Decent Work and Economic Growth 8.3: Promote policies that support entrepreneurship and the growth of small- and medium-sized enterprises through access to financial services. – Number of new entrepreneurs supported (over 30 new owners).
– Establishment of partnerships to provide access to capital (e.g., partnership with Bridge).
SDG 10: Reduced Inequalities 10.2: Empower and promote the social and economic inclusion of all, irrespective of sex or other status. – Number of new owners from underserved markets (part of the “over 30 new owners” figure).
– Expansion of programs (SHE to RIDE) to include underrepresented communities beyond gender.

Source: forbes.com