Tag: May 2023
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...
AHLA Shares Statement About National Small Business Week
WASHINGTON—AHLA President and CEO Chip Rogers released the following statement marking National Small Business Week.
“Six in ten hotels are small businesses, and National Small...
On the ‘Road’ Again: Eric Danziger Debuts Third-Party Management Company
Armed with a well-documented reputation for building brands and companies, industry veteran Eric Danziger is at it again with the formation of a new...
The Westin Los Angeles Airport Announces Renovation Updates
LOS ANGELES—Located a few miles from SoFi Stadium, The Westin Los Angeles Airport offers modern wellness and will unveil a $45 million renovation in...