Corporate/Finance

  • An aerial view of BeachPlace Towers in Fort Lauderdale, Florida, part of Marriott Vacation Club.
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    Retrieved from Marriott Vacation Club on December 19, 2025
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    Marriott Vacations companies settle EEOC claim they revoked employee’s Sabbath accommodation

    The former worker, a Seventh-Day Adventist, had received Saturdays off until a change in management ended the religious accommodation, according to the agency.

    By Emilie Shumway • Dec. 19, 2025
  • Hyatt Hotels opened its first Hyatt Studios extended stay hotel in Mobile, Alabama.
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    Courtesy of Hyatt Hotels
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    Hyatt names Jason Ballard global brand leader for Essentials portfolio

    The company veteran is tasked with overseeing strategy, performance and brand evolution for the division as it enters its next phase of growth.

    By • Dec. 17, 2025
  • The exterior of Lotte New York Palace, on Madison Avenue in New York City.
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    Retrieved from Lotte New York Palace on December 16, 2025
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    Lotte buys land under New York Palace hotel for $490M

    The company bought the premises in an all-cash sale from the Archdiocese of New York after a previous extension of its long-term ground lease.

    By Lara Ewen • Dec. 16, 2025
  • Image shows Times Square with billboards.
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    Stephen Chernin via Getty Images
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    Investor trio acquires InterContinental New York Times Square hotel

    Gencom, Argent Ventures and Highgate purchased the luxury property from Tishman and MetLife for a reported $230 million, as the market maintains “long-term strength and global appeal.”

    By • Dec. 12, 2025
  • A rendering of a hotel and residences project in Miami
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    Courtesy of Mandarin Oriental Hotel Group
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    Mandarin Oriental shareholders approve go-private offer

    Jardine Matheson’s bid to acquire the remaining shares of the luxury hotel company, valued at $4.2 billion, moved closer to completion following a majority vote.

    By Lara Ewen • Dec. 12, 2025
  • A view of the dining room at Four Seasons San Francisco overlooking downtown San Francisco
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    Retrieved from Four Seasons Hotel San Francisco on December 04, 2025
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    With Fed rate cut, hospitality execs forecast 2026 hotel investment trends

    The latest reduction could boost U.S. investment activity next year, with luxury hotels and urban markets poised for strong growth, per leaders from JLL, AHLA and others.

    By • Dec. 11, 2025
  • An aerial view of Fishermans Wharf.
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    Getty Images
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    Park Hotels & Resorts to sell 5 non-core hotels

    The company anticipates gross proceeds of $198 million from closed and expected transactions as it reshapes its portfolio.

    By Lara Ewen • Dec. 11, 2025
  • A headshot of CEO Arash Azarbarzin
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    Courtesy of Viceroy
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    Viceroy Hotels & Resorts taps Highgate CEO Arash Azarbarzin for top role

    The luxury hospitality brand also named a new chief commercial officer, as well as several other executives, to “guide its next phase of growth.”

    By • Dec. 10, 2025
  • A cruise ship sails around the Amalfi Coast
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    Courtesy of 2025 Hilton
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    Hilton sets sail on loyalty growth with Explora Journeys partnership

    The tie-up is part of the new Hilton Honors Adventures immersive loyalty program extension and will allow members to earn and redeem points on luxury ocean travel.

    By • Dec. 9, 2025
  • Marriott added Sonder's portfolio of more than 9,000 rooms to its system in 2024.
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    Courtesy of Sonder
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    The top hospitality industry CEO moves of 2025

    Yotel, Vail Resorts and Remington all named new chief executives during the year, while the heads of Virgin Hotels Collection and Six Senses bade farewell.

    By • Updated Dec. 16, 2025
  • An interior view of Bunkhouse Hotels' Hotel Daphne in Houston, Texas.
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    Courtesy of Hyatt
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    Bunkhouse Hotels opens another boutique property in Houston

    Hotel Daphne comes after Hotel Saint Augustine debuted in the Texas city earlier this year, following Hyatt’s 2024 purchase of the brand’s parent company, Standard International.

    By • Dec. 8, 2025
  • An aerial view of Miraval The Red Sea hotel.
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    Courtesy of Hyatt
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    Hyatt taps Tamara Lohan as luxury brand leader

    The Mr & Mrs Smith co-founder will guide Hyatt’s global luxury strategy on an interim basis as the company announces multiple high-end property openings in the coming year.

    By Lara Ewen • Dec. 4, 2025
  • A view of the dining room at Four Seasons San Francisco overlooking downtown San Francisco
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    Retrieved from Four Seasons Hotel San Francisco on December 04, 2025
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    Blackstone buys San Francisco Four Seasons amid market’s ‘AI revolution’

    The deal, reportedly priced near $130 million, comes as the city’s beleaguered hospitality market makes a comeback thanks to its growing AI sector, per Blackstone COO Jon Gray.

    By • Dec. 4, 2025
  • An phone screen with the Expedia icon.
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    Getty Images
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    Expedia names its first chief AI, data officer

    Xavier Amatriain, a former Google executive, will don dual hats for the travel company. The move is a nod to data quality's criticality for IT initiatives.

    By Nicole Laskowski • Dec. 3, 2025
  • An aerial image of Hyatt Ziva Rose Hall
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    Courtesy of Hyatt
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    Tortuga Resorts names CEO to usher in next phase of growth

    Leo Schlesinger's appointment comes after the company acquired the Playa Hotels & Resorts real estate portfolio from Hyatt for $2 billion.

    By • Dec. 3, 2025
  • An aerial view of Aria Resort & Casino and Vdara Hotel & Spa in Las Vegas
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    Retrieved from Marriott International on December 03, 2025
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    Realty Income invests $800M in 2 Las Vegas resorts

    The perpetual preferred equity investment in Aria Resort & Casino and Vdara Hotel & Spa builds on the firm’s relationship with owner Blackstone Real Estate.

    By • Dec. 3, 2025
  • Las Vegas Skyline
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    Getty Images
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    MGM rebrands NoMad Las Vegas as The Reserve at Park MGM

    The brand transition will take effect in mid-December, and the property is expected to join Marriott Bonvoy's Autograph Collection in early 2026.

    By Lara Ewen • Dec. 2, 2025
  • Two businesses executives shake hands in office
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    Getty Images
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    Ashford Inc. names new president, chief operating officer

    Hector Sanchez was previously CEO of Ashford Inc. subsidiary Premier, while Eric Batis was most recently the asset management firm’s executive vice president of operations.

    By Lara Ewen • Nov. 26, 2025
  • An interior shot of Cirrus, a Sonder-owned hotel.
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    Courtesy of Sonder
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    From Bonvoy to bankrupt: Sonder’s end outlined

    A timeline recap details Sonder’s history of financial woes, Marriott’s breaking point and where the industry stands after the failed partnership.

    By • Nov. 26, 2025
  • The exterior of a CitizenM hotel.
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    Courtesy of Marriott International
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    CitizenM rebrands to Another Star

    The name change follows Marriott International’s acquisition of the citizenM lifestyle hotel brand earlier this year.

    By • Nov. 25, 2025
  • A bar with plush seating and a red-and-orange color palette.
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    Courtesy of Ashford Hospitality Trust
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    Ashford Hospitality Trust offloads 3 assets for nearly $70M

    The Dallas-based real estate investment trust is selling properties in New Orleans, Houston and Austin, Texas, in a bid to improve cash flow.

    By Lara Ewen • Nov. 24, 2025
  • An exterior image of Hillsboro Beach Resort by Kasa.
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    Retrieved from Kasa on November 21, 2025
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    Kasa CEO on Sonder’s fatal flaw, property takeover after collapse

    Apart-hotel company Kasa is slated to add several Sonder properties following its abrupt wind-down, which CEO Roman Pedan says resulted, in part, from Sonder’s master-lease operating approach.

    By • Nov. 21, 2025
  • A bed in a hotel room.
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    Courtesy of IHG Hotels & Resorts
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    IHG chief development officer for the Americas departs

    Julienne Smith is no longer with the company after holding the title for roughly six years, IHG confirmed.

    By • Nov. 20, 2025
  • The logo of a Marriott hotel
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    Brandon Bell/Getty Images via Getty Images
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    Marriott, Sonder implosion detailed in court filing

    Marriott claims Sonder used “guest safety as a bargaining chip” to gain funding for its wind-down. The bankrupt company also owes Marriott millions, per legal documentation.

    By • Nov. 19, 2025
  • An exterior view of the Sheraton Phoenix Downtown hotel.
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    Courtesy of JLL
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    Brookfield buys Sheraton Phoenix Downtown from Blackstone

    The 1,003-key convention center hotel sold in “one of the largest hotel sales in Arizona’s history,” according to JLL, which brokered the transaction.

    By • Nov. 19, 2025