InterContinental Hotels Group (IHG) has signed a Management Agreement to bring the Crowne Plaza brand to the historic city of Lucknow, in northern India.
Source: New feed
IHG Signs Crowne Plaza Hotel in Lucknow India
May 11, 2020
Statement on Corporate Layoffs at Hyatt
May 11, 2020
Due to the historic drop in travel demand and the expected slow pace of recovery, Hyatt has made the extremely difficult decision to implement layoffs and restructure roles across its global…
Source: New feed
American Airlines and Hyatt Surprise Healthcare Workers at NYC Health + Hospitals/Elmhurst with Complimentary Vacations
May 8, 2020
CHICAGO (May 8, 2020) – In recognition of the extraordinary care they provide to their community, American Airlines (NASDAQ: AAL) and Hyatt Hotels Corporation (NYSE: H) today announced American…
Source: New feed
Virgin Hotels Files Lawsuit Against Owner Of San Francisco Property
May 7, 2020
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
Surge in Mergers and Acquisitions Activity Likely for Hotel Industry Post-COVID-19
May 7, 2020
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
Hyatt Reports First-Quarter 2020 Results
May 6, 2020
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
Urban Hotels Face More Hurdles Opening Amid the Coronavirus – Building Design & Construction
May 6, 2020
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.
Source: New feed
Hotel Equities to Manage Hotel Indigo in Winston-Salem
May 5, 2020
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 Selected To Operate Margaritaville Orlando Resort
May 4, 2020
Davidson Hotels & Resorts has been selected by Encore Capital Management to assume management of Margaritaville Resort Orlando.
Source: New feed
Fiesta Resort Saipan to Rebrand As Crowne Plaza Resort Saipan in 2022
May 4, 2020
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
Source: New feed