North America
Sonesta Announces 30 New Franchise Agreements
Sonesta International Hotels Corporation signed 30 new franchise agreements across seven of its brands in Q3 2024.
Sonesta Select
North America
RLJ, Xenia, DiamondRock, and Chatham Report Earnings
Quarterly reports were mostly positive, but the week ended on a down note as hospitality stocks were down across the board.
North America
Hyatt to Expand in Upper-Midscale Through Luxury
Hyatt Hotels held an Investor Day today. They are forecasting $650 to $850 million of free cash flow by 2025 and will be 80% asset-light for their earnings mix.
Effective Thursday, the Board of Directors of Louvre Hotel Group has appointed Federico J. Gonzalez as Group CEO.
Hilton announced the signing of a management agreement for the first all-inclusive Curio Collection by Hilton property in the Dominican Republic , the new build Zemi Miches All-Inclusive Resort, Curio Collection by Hilton.