Nov 24, 2025 12:00 PM Eastern Standard Time AEG and Marriott Bonvoy Renew Global Partnership, Expanding More Than Decade-long Alliance Across Music, Sports, Live-Entertainment and Ticketing The renewed partnership underscores how both companies have evolved to understand what fans truly value when attending live events. From booking travel to experiencing shows to post-event memories, every aspect of the collaboration focuses on removing friction while adding genuine value that enhances rather than complica ...

The Zacks Hotels and Motels industry is hurt by economic uncertainty, labor shortages and rising wages,    as well as dismal occupancy and RevPAR. However, industry participants are focusing on growth strategies, including expanding their portfolios, converting properties, forming partnerships and enhancing loyalty programs. Industry players, such as Marriott International, Inc. (MAR) , Hilton Worldwide Holdings Inc. (HLT) and Choice Hotels International, Inc. (CHH) are likely to benefit from the factors me ...

（原标题：开云集团拟成立风投部门； 黛安芬退出中国市场丨二姨看时尚） 21世纪经济报道记者 高江虹 过去这一周，最新一季财报披露已经接近尾声，Gap交出不错的成绩单，销售连续七个季度正增长。但 全球最大的奢侈品电商LuxExperience的成绩喜忧参半，GMV下滑4.3%，净销售额下降4.2%，经调整 EBITDA亏损2810万欧元。但是，集团旗下Mytheresa、Net-A-Porter、Mr Porter及 YOOX等平台均实现 全面增长。尤其是完成对原属于历峰旗下的YNAP收购后的Mytheresa销售额和盈利能力均实现两位数增 长。 中国内地和香港市场的消费复苏势头明显，瑞士手表10月出口额同比下降4.4%，但是对中国的出口连 续第二个月增长，增幅达13%；而且上周日刚刚结束的富艺斯钟表名表拍卖三天总成交逾3亿港元，创 下了亚洲迄今最高常设钟表拍卖纪录。所谓"春江水暖鸭先知"，从收藏级名表的交投活跃可见市场温 度，因此上周意大利高级珠宝品牌Vhernier亚洲首店便选择落地香港。 然而值得注意的是，中国市场的复苏并不意味着遍地黄金重现，水土不服甚至竞争失败者亦是比比皆 是。最近哈罗德百货宣布明年关 ...

Core Insights - The hotel chain experienced growth due to added rooms, while the apartment-rental firm faced collapse due to high-cost leases [1] Group 1: Hotel Industry - The hotel chain successfully expanded its operations by adding more rooms, indicating a positive trend in the hospitality sector [1] Group 2: Apartment Rental Sector - The apartment-rental firm struggled significantly, leading to its collapse, primarily attributed to the burden of high-cost leases [1]

Accessibility StatementSkip Navigation BETHESDA, Md., Nov. 21, 2025 /PRNewswire/ --Â Marriott International, Inc.'s (Nasdaq: MAR) Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will speak at the Barclays 2025 Eat, Sleep, Play, Shop Conference, to be held on Thursday, December 4, in New York, NY. Ms. Oberg's remarks will be at approximately 8:15 a.m., Eastern Time, and will be webcast live. To access the webcast, please go to http://www.marriott.com/investor, and then click o ...

Core Insights - The domestic hotel market is increasingly competitive, leading hotel groups to focus on member acquisition and retention strategies [1][5] - Hilton has introduced a new membership tier, "Yao Diamond," marking its first change in membership structure in years, while other hotel groups have also been actively updating their membership systems [2][5] - The rapid changes in membership systems reflect both new growth opportunities and underlying challenges within the hotel industry [5][20] Membership System Adjustments - Hilton's membership adjustments include easier access to Gold and Diamond tiers, while the new Yao Diamond tier has a high spending requirement of $18,000 [2][10] - The introduction of the Yao Diamond tier aligns Hilton more closely with competitors like Marriott and Hyatt, which have similar high-tier memberships [2][10] - The overall trend shows that international hotel groups are differentiating their high-end memberships, but there is a risk of homogenization as many brands adopt similar strategies [3][10] Industry Trends and Challenges - The hotel industry is experiencing a collective push to enhance membership systems, with over ten hotel groups, including Jin Jiang and Huazhu, updating their membership offerings in 2024 alone [5][20] - The focus has shifted from merely acquiring customers through public channels to cultivating high-value members through tailored benefits [7][20] - Digital transformation is enabling hotels to better understand member preferences, allowing for more personalized and effective membership programs [8][20] Member Experience and Satisfaction - Despite the apparent enhancements in membership benefits, many members express dissatisfaction with the actual usability of these benefits, leading to a perception of "inflation" in membership tiers [10][12] - Common complaints include the difficulty in redeeming benefits and the high barriers to accessing promised perks, which diminishes trust in the membership systems [14][18] - The industry faces a challenge in ensuring that membership benefits are not only extensive but also genuinely valuable and accessible to members [19][20] Recommendations for Improvement - Future membership strategies should focus on precise targeting of different customer segments, ensuring that benefits align with specific needs [21][20] - Simplifying membership rules and making benefits more transparent can enhance member satisfaction and engagement [22][20] - Strengthening the execution of promised benefits is crucial for maintaining member trust and loyalty [23][20] - Building emotional connections through meaningful interactions and relevant partnerships can enhance the overall member experience [26][20]

Core Viewpoint - Tribal leaders express concerns that tourism development is obstructing one of the main migration routes of the Serengeti [1] Group 1 - The tourism development project is seen as a threat to the natural migration patterns of wildlife in the Serengeti [1] - Local tribes are advocating for the preservation of migration routes to maintain ecological balance [1] - The conflict between tourism interests and environmental conservation is highlighted as a significant issue [1]

Core Insights - The Ritz-Carlton has launched its second collaboration with Madrid-based fashion label Late Checkout, expanding its luxury lifestyle offerings with a new collection that includes accessories, loungewear, and children's pieces [2][3] - The collection reflects a blend of The Ritz-Carlton's heritage and Late Checkout's playful spirit, featuring a color palette of navy, ivory, and light blue [2][4] - The campaign for this collection is set against the backdrop of The Ritz-Carlton, Nikko, and features actor Josh Hutcherson, emphasizing a cinematic narrative that intertwines luxury and irreverence [5][6] Product Offerings - The new collection includes featherlight knits, velvet Sukajan jackets, shawl-collar dressing gowns, and floor-grazing pajama sets, along with kids wear such as rugby polos and caps [4] - Home essentials like throws and umbrellas are also part of the collection, designed with a vintage travel-inspired globe motif [4] - The collection aims to provide an aspirational yet lived-in style, showcasing thoughtful craftsmanship with a sense of play [4] Marketing and Launch Strategy - The global launch of "Late Checkout: A Ritz-Carlton Story - Chapter II" is scheduled for November 18, 2025, starting with a retail pop-up in New York [8] - Subsequent launch events will occur in Dubai and Geneva, with an immersive "Very Late Checkout" suite stay experience planned from December 12, 2025, to March 1, 2026 [9] - The marketing campaign includes a film directed by Rogelio González, highlighting the serene and cinematic qualities of The Ritz-Carlton, Nikko [5][6] Brand Collaboration - The collaboration with Late Checkout is described as a natural evolution for The Ritz-Carlton, aiming to resonate with travelers across various lifestyles [3][5] - Creative Director Alex Turrión emphasizes the expanded narrative and personal touch of the collection, showcasing how it connects with different aspects of travel and home life [5] - The partnership aims to maintain the spirit of the original collaboration while exploring new dimensions of luxury and lifestyle [5][6]

Core Points - Marriott International has accused Sonder of threatening guest safety to secure financial support for its bankruptcy wind-down [1][4] - Sonder filed for Chapter 7 bankruptcy, leading to the termination of its licensing agreement with Marriott [5] - The abrupt termination caused confusion and forced guests to vacate accommodations with little notice [2][3] Group 1: Marriott's Actions - Marriott filed an emergency court motion alleging Sonder leveraged guest safety as a bargaining chip [1] - The hotel chain terminated its long-term licensing agreement with Sonder due to concerns over guest safety and security [1][4] - Marriott communicated with guests to ensure their safety and welfare amid Sonder's liquidation [4] Group 2: Sonder's Situation - Sonder, based in San Francisco, operated thousands of short-term rental units globally before filing for Chapter 7 liquidation [5] - The company announced its bankruptcy plans on November 9, leading to immediate operational wind-down in the US [2][5] - Guests were instructed to vacate Sonder properties by 11 a.m. on November 10, causing chaos for those affected [3]

Acquisition Activities - JD Properties has acquired the 102-key George Williams Hotel in Brisbane for an estimated AUD34 million, translating to approximately AUD333,333 per key [1] - The Tang Shing-bor family sold the 45-key Hotel Victoria Tsim Sha Tsui for HKD118 million, approximately HKD2.6 million per key, representing a loss of about HKD212 million or 64% from its 2018 purchase price [2] - The Mercure Hotel Townsville has been acquired by a new entrant in Queensland's hotel investment market, featuring 174 keys and located on a substantial 43,300 sqm land parcel [3] - AB Capital has expanded its Japan portfolio with two acquisitions in Osaka, which will be rebranded under City Express by Marriott, marking the brand's debut in the Asia-Pacific region [5] Property Features and Developments - The George Williams Hotel features a leased restaurant, meeting facilities, and has undergone over AUD1.2 million in refurbishments [1] - Hotel Victoria includes retail space leased to a restaurant and has a total gross floor area of 1851 sqm [2] - Mercure Hotel Townsville offers wellness and recreation facilities, including an outdoor swimming pool and 13 conference spaces [3] - Johor Bahru City Square will undergo a multi-phase enhancement to expand its total floor space by approximately 1,858 sqm, adding over 300 retail outlets and various amenities [4] Market Trends and Strategic Moves - The hotel market in Townsville is characterized by limited branded supply and development constraints, reflected in a tight initial yield of sub 7% [3] - The redevelopment of Johor Bahru City Square is timed with the upcoming Johor Bahru–Singapore Rapid Transit System expected in 2026, enhancing connectivity [4] - AB Capital's investment strategy is driven by perceived undersupply in Osaka's midscale accommodation segment and growing demand from travelers [5]