The document discusses disruptions in the hotel industry and their impact on career paths. Key points include: 1) Technology, outsourcing, and the rise of online booking platforms have commoditized hotels and made price the main differentiation factor, taking away customer loyalty. 2) This has changed the skills needed for hotel executives, who must now focus on branding, marketing, technology, and building customer loyalty through experiences. 3) High turnover rates among hotel managers are a problem, suggesting disruptions have increased stress, though some firms have created environments where employees feel committed and want to stay.