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                                                HOSPITALITY SCHOOLS RANKING
                                                                      Press Release

                                       Person          Mr. Michael Huckaby
                                                       Vice-President Global Marketing
                                       Address:        Laureate Hospitality Education
                                                       Rue du Lac 118 - CH – 1815 Clarens - Switzerland
                                       Contacts:       Tel: +41 (0)21 989 26 00 - Fax: +41 (0)21 989 26 78
                                                       E-mail: michael.huckaby@laureate-inc.com
                                                       Websites: www.glion.edu – www.lesroches.edu



     INDUSTRY RANKS SWISS HOSPITALITY EDUCATION TOPS IN THE WORLD

        CLARENS, SWITZERLAND SEPTEMBER 11, 2007: Glion Institute of Higher Education, Les
      Roches International School of Hotel Management and Ecole Hôtelière de Lausanne were recently
      ranked by industry as the top three schools in the world for preparing students for an international
      career in hospitality management. Laureate Hospitality Education, a division of Laureate Education,
      Inc., commissioned world-renowned market research firm Taylor Nelson Sofres, (TNS) Travel &
      Tourism (UK), the world’s largest provider of custom research and analysis, to conduct a broad
      industry survey among a large sample of hiring managers from leading hospitality organizations
      around the world. The sample set of hiring managers regularly recruit graduates at hospitality
      management schools for international careers in the industry.


      A global online survey was completed in June 2007 among a sample of almost 1400 hiring managers
      from leading firms in the hospitality industry. The sample included leading international hotel
      companies and other establishments from all major geographic regions. At the end of the fieldwork
      period, a total of 275 respondents from 52 countries and 40 leading international organizations,
      completed the survey – a statistically reliable response rate of 20%.


      The respondents were asked to rank the top schools around the world when “thinking about hiring
      graduates for an international career in the hospitality industry”. Respondents chose from among a
      list of forty of the most recognized hospitality management schools worldwide and were also given
      the ability to include other hospitality management schools not in the list.


      After analyzing the list of the Top 10 schools, the research further concluded that there are three tiers
      of hospitality management schools as determined by hiring managers. There was a significant



Ranking / October 2007                                                                                            1
statistical difference between the top 3 schools in tier 1 and the next two schools in tier 2. The third
        tier consisted of the remaining five rated schools among the Top 10.


        David Graves, President of Laureate Hospitality Education, an education network which operates two
        of the top-ranked schools, was pleased to confirm that hiring managers still consider Swiss hospitality
        education as the best in the world. “To our knowledge, this is the first extensive global survey ever
        conducted to rank the full spectrum of international hospitality management schools with true
        statistical validity.   The research findings affirm that Swiss hospitality education is still the most
        recognized in the world, and yet also confirms a distinct tiering of schools. We are very pleased that
        both of our institutions, Glion Institution of Higher Education and Les Roches International School of
        Hotel Management, were ranked among the top three in the world. In recent years we have invested
        heavily in new facilities, highly qualified professors, enhanced program development and strategic
        alliances to allow both institutions to flourish. It is not a surprise that our exceptional student bodies,
        coming from over 80 countries, have been recognized by industry for their outstanding management
        performance in international careers. Glion and Les Roches will continue to work closely with leaders
        in the hospitality industry to understand new trends and to meet future global requirements.”



Table 1:

Top Five International Hospitality Management Schools in the World                   for an International Career



  Based on frequency of school selection by hospitality industry hiring managers

  Sample Size = 275 respondents


  Institution                                                     Country           % of Respondents that
                                                                                    Ranked School in Top 5
                                                         TIER 1
  Ecole Hôtelière de Lausanne                              Switzerland                            50%
  Glion Institute of Higher Education                      Switzerland                            50%
  Les Roches International School of Hotel                   Switzerland                          48%
  Management
                                                         TIER 2
  Cornell University                                             U.S.A.                           35%
  Hotelschool, The Hague                                   Netherlands                            28%
                                                         TIER 3
  Oxford Brooks University                                  United Kingdom                        14%
  Swiss Hotel Management School                               Switzerland                         11%
  Hogere Hotel School Maastricht                           Netherlands                            11%
  Institut Hôtelière ‘César Ritz’                             Switzerland                         9%
  ESSEC Hospitality Business School                             France                            9%

  Note : Each tier represents a cluster statistically different from other tiers at a 95% confidence level.


  Ranking / October 2007                                                                                              2
__________________________________________________________________________________________

Taylor Nelson Sofres PLC (TNS) is a leading market research and information group and are the world’s largest
provider of custom research and analysis. TNS operates globally across 70 countries, allowing TNS to provide
internationally consistent, up-to-the-minute and high quality information and analysis. TNS Travel & Tourism is
employed by a portfolio of global clients in the leisure, tourism, hospitality and travel industries to undertake a
range of research and consultancy projects, designed to provide insight and knowledge.



Laureate Education, Inc. is focused on providing a superior university experience to students through the leading
global network of accredited campus-based and online universities. Addressing the rapidly growing global
demand for higher education, Laureate offers a broad range of career-oriented undergraduate and graduate
programs through campus-based universities located in Latin America, Europe, and Asia. Through online
universities, Laureate offers the growing population of non-traditional, working-adult students the convenience
and flexibility of distance learning to pursue undergraduate, master's and doctorate degree programs in major
career fields including engineering, education, business, and healthcare. Laureate Hospitality Education, division
of Laureate Education, Inc. operates from headquarters in Clarens, Switzerland.


                                                     - End -




Ranking / October 2007                                                                                            3

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Top Hospitality Schools in the World

  • 1. 1 HOSPITALITY SCHOOLS RANKING Press Release Person Mr. Michael Huckaby Vice-President Global Marketing Address: Laureate Hospitality Education Rue du Lac 118 - CH – 1815 Clarens - Switzerland Contacts: Tel: +41 (0)21 989 26 00 - Fax: +41 (0)21 989 26 78 E-mail: michael.huckaby@laureate-inc.com Websites: www.glion.edu – www.lesroches.edu INDUSTRY RANKS SWISS HOSPITALITY EDUCATION TOPS IN THE WORLD CLARENS, SWITZERLAND SEPTEMBER 11, 2007: Glion Institute of Higher Education, Les Roches International School of Hotel Management and Ecole Hôtelière de Lausanne were recently ranked by industry as the top three schools in the world for preparing students for an international career in hospitality management. Laureate Hospitality Education, a division of Laureate Education, Inc., commissioned world-renowned market research firm Taylor Nelson Sofres, (TNS) Travel & Tourism (UK), the world’s largest provider of custom research and analysis, to conduct a broad industry survey among a large sample of hiring managers from leading hospitality organizations around the world. The sample set of hiring managers regularly recruit graduates at hospitality management schools for international careers in the industry. A global online survey was completed in June 2007 among a sample of almost 1400 hiring managers from leading firms in the hospitality industry. The sample included leading international hotel companies and other establishments from all major geographic regions. At the end of the fieldwork period, a total of 275 respondents from 52 countries and 40 leading international organizations, completed the survey – a statistically reliable response rate of 20%. The respondents were asked to rank the top schools around the world when “thinking about hiring graduates for an international career in the hospitality industry”. Respondents chose from among a list of forty of the most recognized hospitality management schools worldwide and were also given the ability to include other hospitality management schools not in the list. After analyzing the list of the Top 10 schools, the research further concluded that there are three tiers of hospitality management schools as determined by hiring managers. There was a significant Ranking / October 2007 1
  • 2. statistical difference between the top 3 schools in tier 1 and the next two schools in tier 2. The third tier consisted of the remaining five rated schools among the Top 10. David Graves, President of Laureate Hospitality Education, an education network which operates two of the top-ranked schools, was pleased to confirm that hiring managers still consider Swiss hospitality education as the best in the world. “To our knowledge, this is the first extensive global survey ever conducted to rank the full spectrum of international hospitality management schools with true statistical validity. The research findings affirm that Swiss hospitality education is still the most recognized in the world, and yet also confirms a distinct tiering of schools. We are very pleased that both of our institutions, Glion Institution of Higher Education and Les Roches International School of Hotel Management, were ranked among the top three in the world. In recent years we have invested heavily in new facilities, highly qualified professors, enhanced program development and strategic alliances to allow both institutions to flourish. It is not a surprise that our exceptional student bodies, coming from over 80 countries, have been recognized by industry for their outstanding management performance in international careers. Glion and Les Roches will continue to work closely with leaders in the hospitality industry to understand new trends and to meet future global requirements.” Table 1: Top Five International Hospitality Management Schools in the World for an International Career Based on frequency of school selection by hospitality industry hiring managers Sample Size = 275 respondents Institution Country % of Respondents that Ranked School in Top 5 TIER 1 Ecole Hôtelière de Lausanne Switzerland 50% Glion Institute of Higher Education Switzerland 50% Les Roches International School of Hotel Switzerland 48% Management TIER 2 Cornell University U.S.A. 35% Hotelschool, The Hague Netherlands 28% TIER 3 Oxford Brooks University United Kingdom 14% Swiss Hotel Management School Switzerland 11% Hogere Hotel School Maastricht Netherlands 11% Institut Hôtelière ‘César Ritz’ Switzerland 9% ESSEC Hospitality Business School France 9% Note : Each tier represents a cluster statistically different from other tiers at a 95% confidence level. Ranking / October 2007 2
  • 3. __________________________________________________________________________________________ Taylor Nelson Sofres PLC (TNS) is a leading market research and information group and are the world’s largest provider of custom research and analysis. TNS operates globally across 70 countries, allowing TNS to provide internationally consistent, up-to-the-minute and high quality information and analysis. TNS Travel & Tourism is employed by a portfolio of global clients in the leisure, tourism, hospitality and travel industries to undertake a range of research and consultancy projects, designed to provide insight and knowledge. Laureate Education, Inc. is focused on providing a superior university experience to students through the leading global network of accredited campus-based and online universities. Addressing the rapidly growing global demand for higher education, Laureate offers a broad range of career-oriented undergraduate and graduate programs through campus-based universities located in Latin America, Europe, and Asia. Through online universities, Laureate offers the growing population of non-traditional, working-adult students the convenience and flexibility of distance learning to pursue undergraduate, master's and doctorate degree programs in major career fields including engineering, education, business, and healthcare. Laureate Hospitality Education, division of Laureate Education, Inc. operates from headquarters in Clarens, Switzerland. - End - Ranking / October 2007 3