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Fragmented Performance Dampens Spring Hotel Outlook

Fragmented Performance Dampens Spring Hotel Outlook

NEW YORK—While new bookings are up at the start of the spring season, with 17 of the top 25 North American markets showing committed occupancy growth compared to last month, the pace of those bookings is relatively flat. New commitments ...

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Grand Hyatt Opens in Rio de Janeiro

Grand Hyatt Opens in Rio de Janeiro

CHICAGO—Hyatt Hotels Corporation has announced the opening of Grand Hyatt Rio de Janeiro in Brazil. Guests can enjoy its prime beachfront location in the exclusive Barra da Tijuca neighborhood and access to world-class shopping, dining, and cultural and outdoor activities. ...

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Marriott Reaffirms Commitment to Starwood Deal

Marriott Reaffirms Commitment to Starwood Deal

BETHESDA, Md.—Marriott International today reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, confident that the previously announced amended merger agreement is the best course for both companies. The combined company will offer stockholders significant equity upside and greater ...

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Clement Palo Alto Set to Open This Month

Clement Palo Alto Set to Open This Month

PALO ALTO, Calif.—The Clement Palo Alto is set to open this month with 23 one-bedroom suites. The Clement Palo Alto service includes personalized concierge services, breakfast, lunch, and dinner in an on-premise location of the guest’s choice. All wine, beer ...

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