The hospitality industry has seen a significant increase in outsourcing labor and part-time staff. As a result, many outsourced staff, temporary, or part-time employees may not be looking their best in company-issued garments upon their first day and therefore not feeling like they are a part of the team. JW Marriott Nashville recognized these challenges within its housekeeping department, which operates with a significant amount of outsourced labor. They sought a modern way of preparing
Located on the scenic Hammock Coast, the historic city of Georgetown is home to a new boutique property, The George Hotel. Housed in the former Georgetown Times building, the property represents a couple of “firsts”: the first hotel to open and operate on the city’s historic Front Street in more than 50 years, as well as The Indigo Road’s first property to open in the company’s home state of South Carolina. The George accentuates the
Marriott International, Inc. announced a long-term licensing agreement with Sonder Holdings Inc., which is expected to add over 9,000 rooms to Marriott’s portfolio by year-end and approximately 1,500 rooms to its pipeline. Under this agreement, Sonder’s open and pipeline portfolio, which primarily consists of apartment-style accommodations in urban markets, is expected to be added to the Marriott system under a new collection called “Sonder by Marriott Bonvoy.” With over 9,000 rooms expected to be added
NORWALK, Connecticut—Shatterproof announced its 2025 Shatterproof Hospitality Heroes honoree, Amanda Hite. Hite is the president of STR, a CoStar Group company, and is being recognized for her courage and commitment to raising awareness of substance use disorders and ending addiction stigma. She will be honored during the eighth annual Hospitality Heroes Reception, which will be held during the Americas Lodging Investment Summit (ALIS) on January 29, 2025. The event will also raise funds to support
Hyatt Completes Sale of Hyatt Regency Orlando
Category: Finance & Development, Financing, Real Estate
CHICAGO, Illinois—Hyatt Hotels Corporation announced that an affiliate of Hyatt has completed the sale of the 1,641-room Hyatt Regency Orlando and adjacent 45 acres of land to affiliates of RIDA Development Corporation and an Ares Management Real Estate fund for approximately $1.07 billion while retaining a long-term management agreement under the Hyatt Regency brand. In connection with the transaction, Hyatt retained $265 million of non-controlling preferred equity and provided an additional $50 million of seller