Hyatt Hotels Corporation Reports Q2 2024 Results
CHICAGO—Hyatt Hotels Corporation reported second quarter 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO of Hyatt, said, “We posted solid second quarte
GBTA and Cvent Study Finds an Opportunity for Tech Integration to Transform Business Travel
ALEXANDRIA, Virginia—The Global Business Travel Association (GBTA) and Cvent released a new study titled, “The Future Is Now: Technology Transformation in Corporate Travel.”
Visual Matrix’s MOP Tech Increases Adoption by 440 Percent
RICHARDSON, Texas—Visual Matrix increased the growth of its MOP technology by 440 percent since Visual Matrix acquired the technology in November 2021. MOP is now used at more th
IHG Hotels & Resorts Reports Half-Year Results
IHG Hotels & Resorts reported half-year results ending June 30, 2024. Highlights include company performance with operating profit from reportable segments (+12 percent) and Ad
Rigorous Revenue Management: AI Tech Tools Take Pricing and Forecasting Accuracy to the Next Level
Revenue management in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the develop
This Week’s Comings & Goings
Aimbridge Hospitality announced Christopher Tatum as the new divisional president of its Full Service division. Read more about the appointment here. Marriott International annou
Valor Hospitality Partners Assumes Operation of Hilton Garden Inn Haymarket
ATLANTA, Georgia—Valor Hospitality Partners continued to grow its global portfolio, assuming operation of the Hilton Garden Inn Haymarket in Haymarket, Virginia. “The addition
Hilton Releases Q2 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its second quarter 2024 results. Highlights include: Overview Christopher J. Nassetta, president and CEO of Hilton, said,
Reasonable Care: Two Cases That Illustrate Its Vital Importance
A hotelier’s duty of reasonable care has already been established. The following incidents show how deficiencies in reasonable care can result in guest injury and consequent liab
Aimbridge Names Christopher Tatum Full Service Division President
PLANO, Texas—Aimbridge Hospitality announced Christopher Tatum as the new divisional president of its Full Service division. Tatum will be a member of the company’s executive l