Tag: 2024
Kimpton Virgilio Opens as Brand’s First Boutique Hotel in Mexico City
MEXICO CITY—Kimpton Virgilio, Kimpton Hotels & Restaurants' first boutique hotel in Mexico City, has opened. Kimpton Virgilio delivers a balance between the operations of...
Principal–Agent Relationships: Examining a Hotelier’s Liability for the Acts of Its External Service Providers
Hotel companies sometimes hire independent entities—persons or firms—to provide certain guest services. In most such cases, the laws of agency are in play: the...
Raines Takes Growth to Next Level After 35 Years of Operating
You can’t succeed and thrive for 35 years and multiple generations without learning to pivot and adapt to change, and Raines has certainly done...
Marriott International Reports Full-Year and Q4 2023 Results
Marriott International reported full-year 2023 and Q4 2023 financial results. Highlights include:
Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2 percent worldwide, 3.3...
Extended Stay America Announces Groundbreaking of New Select Suites Prototype
CHARLOTTE, North Carolina—Extended Stay America announced the groundbreaking of the first new construction Extended Stay America Select Suites prototype in Wildwood, Florida. The franchised...