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
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…
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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.
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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.
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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…
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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.
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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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