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Hyatt Reports Q2 2023 Financial Results

CHICAGO—Hyatt Hotels Corporation reported second-quarter 2023 financial results. Highlights include: Net income was $68 million in the second quarter of 2023 compared to $206 million...
Sustainable travel

Hyatt Publishes DE&I Report and Advances ESG Initiatives

CHICAGO—Hyatt Hotels Corporation published its 2022 World of Care Highlights and Diversity, Equity & Inclusion Report, which contains information about colleagues and hotels that...
acquisitions

Wyndham Signs Deal to Bring 16 LuxUrban Hotels Into the Trademark Collection Brand

PARSIPPANY, New Jersey, and MIAMI, Florida—Wyndham Hotels & Resorts and LuxUrban Hotels, Inc. announced a newly signed deal to bring 16 LuxUrban hotels, representing...
hotel construction

Lodging Econometrics: Marriott, Hilton, and IHG Lead U.S. Hotel Construction Pipeline

According to the most recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), in the second quarter of 2023, the franchise companies...

Elise Capital Acquires Holiday Inn Express & Suites Picayune-Stennis Space Center

ATLANTA, Georgia—Elise Capital announced the acquisition of the Holiday Inn Express & Suites Picayune-Stennis Space Center, located in Picayune, Mississippi. This property marks the...
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