Bill Lougheed graduated in 1966 with honours from the School of Hotel and Restaurant Management at the University of Denver. He was then recruited for the management trainee development program of Sheraton Corporation in Chicago. In 1969 he returned to Canada as Supervisor of Staff Training with Canadian Pacific Hotels, where he subsequently became Director of Personnel. He joined Ryerson University in 1974 and taught Human Resources Management at the School of Hospitality and Tourism Management. He Chaired the School from 1981 to 1986. On retiring from the School in 2006, he received several awards in recognition of his service to the industry. He was appointed by the Government of Ontario in 2004 as a panel member to review the qualifications of selected Ontario colleges to be granted applied arts degree status in hospitality. On his retirement in 2006, the Ted Rogers School of Business, Ryerson University created the William F. Lougheed Hospitality & Tourism Management Award.