The lawsuit states that the owner is attempting to seize upon the disruption created within the hotel industry by the current COVID-19 pandemic as an opportunity to prematurely and wrongfully terminate the HMA upon manufactured and false grounds.
Source: New feed
Many smaller hotel companies will have no choice but to combine with their larger counterparts in order to survive post-COVID-19, creating a more consolidated industry in the process, says GlobalData.
Source: New feed
CHICAGO (May 6, 2020) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported first-quarter 2020 financial results. Net loss attributable to Hyatt was $103 million, or $1.02…
Source: New feed
Everything from density concerns to elevator capacity, and guest room sizes are challenges to overcome. This will all hinge on the industry’s ability to reassure guests that safety and security are paramount.
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Atlanta-based hotel owner and operator Hotel Equities (HE) announced its appointment as the management firm for Hotel Indigo. The boutique hotel is located in the historic Pepper Building in the heart of downtown Winston-Salem, North Carolina, at 104 W. 4th Street.
Source: New feed
Davidson Hotels & Resorts has been selected by Encore Capital Management to assume management of Margaritaville Resort Orlando.
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IHG has signed a long-term agreement with Asia Pacific Hotels Inc to take on management of Fiesta Resort & Spa Saipan, in the Commonwealth of Northern Mariana Islands, from May 2020
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Sabre Corporation on Friday issued the following statement from Sabre President and CEO Sean Menke regarding its merger agreement with Farelogix
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Sun Capital Partners, Inc. today announced that on April 26, 2020 its affiliates completed the sale of Boston Market Corporation to Engage Brands, LLC, one of the Rohan Group Of Companies, owned by real estate investor and restaurant operator, Jignesh (Jay) Pandya of Bucks County, Pennsylvania. Terms of the private transaction were not disclosed.
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CHICAGO (April 29, 2020) – Guided by its purpose of care and experience delivering world-class hospitality for more than 60 years, Hyatt today announced a Global Care & Cleanliness Commitment to…
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