Tag: finance & development
Embassy Suites by Hilton Chattanooga Downtown Commences Construction
CHATTANOOGA, Tennessee—Vision Hospitality Group Inc. held a groundbreaking ceremony for the seven-story 184-suite Embassy Suites by Hilton Chattanooga Downtown. Located in downtown Chattanooga, the...
Best Western Ontario, California Opens
ONTARIO, California—Best Western Hotels & Resorts announced the opening of the Best Western Ontario. The property is owned by Verdant Ontario Mills LLC and...
Marriott International Reports Q1 2023 Financial Results
Marriott International, Inc. reported first-quarter 2023 results.
Anthony Capuano, president and CEO, said, “We are off to a great start in 2023. First quarter worldwide...
The Return of Incentive Management Fees: Payments to Operators Began Reaching Pre-COVID Levels Last...
Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more...
MGM Resorts International Reports Q1 2023 Financial Results
LAS VEGAS—MGM Resorts International reported financial results for the quarter ended March 31, 2023.
"MGM Resorts is executing across all of its geographies and channels...