Divya Paramesh, vice chairman, human sources at Host Accommodations & Resorts (Nasdaq: HST), sat down for a video interview at Nareit’s REITwise: 2026 Instructional Convention in Hollywood, Florida, March 24-26.
Paramesh emphasised that robust expertise technique—significantly management improvement and succession planning—is immediately tied to long-term REIT efficiency.
“It creates that management continuity…and the flexibility to execute persistently over time,” she stated, noting that efficient decision-making, asset efficiency, and threat administration all rely upon having the suitable leaders in place on the proper time.
At Host, this method contains common expertise opinions with senior management and a deliberate concentrate on constructing a pipeline throughout the group. That pipeline begins early, Paramesh stated. Applications like the corporate’s “Rising Stars” initiative establish high-potential staff and put money into their improvement from the beginning of their careers.
Trying forward, Paramesh highlighted three important ability areas for REITs: AI fluency, strategic decision-making, and alter management. Whereas AI can speed up entry to data, she burdened the significance of what she referred to as “AI knowledge,” or the flexibility to use that information successfully in capital allocation and portfolio selections.
She additionally underscored the significance of exposing youthful expertise to the breadth of alternatives throughout the REIT trade and creating intentional improvement experiences.
“Individuals are on the lookout for studying, development, and objective,” Paramesh stated, including that organizations that ship on these priorities will likely be finest positioned to draw and retain the subsequent era of leaders.
