Tag: February 2024
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...
Marcus Hotels & Resorts Agrees to Jointly Acquire Loews Minneapolis Hotel
MILWAUKEE—Marcus Hotels & Resorts announced that it has reached an agreement to jointly acquire the Loews Minneapolis Hotel with Hempel Real Estate and Robinson...
Davidson Hospitality Names eTip as a Digital Partner for Cashless Tipping
SAN FRANCISCO—eTip announced its designation as a digital tipping partner to Davidson Hospitality Group. As the demand for cashless tipping rises among hotel guests,...
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...