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Devon and Cornwall’s economies falling off a cliff as Reeves hammers tourism
Yahoo Finance· 2026-01-24 12:00
The hoteliers say: “These changes to business rates present the most significant challenge to accommodation providers in terms of their ongoing viability, and many will face tough decisions in terms of employment and their ability to invest.”On Tuesday, 100 hotel bosses, including executives at chains such as Hilton, Butlin’s and Holiday Inn, wrote to Rachel Reeves demanding relief from ruinous taxes.By contrast, these figures rose by no more than 14pc across London boroughs.Telegraph analysis of government ...
X @The Wall Street Journal
The Wall Street Journal· 2026-01-24 10:19
First they came for the closets. Then they took the bath tubs. Now, hotels are stripping away the bathroom door.“I’ve been married for 25 years, I love my husband, but I don’t want to see him use the restroom.”🔗 https://t.co/NuPvoxir6U https://t.co/KabgorE1ZL ...
Hotel101 Global Holdings Corp. Announces Proposed Offering of Convertible Preferred Shares to raise up to USD 300 Million
Globenewswire· 2026-01-24 04:35
Core Viewpoint - Hotel101 Global Holdings Corp. plans to raise up to USD 300 million through the issuance of perpetual convertible preferred shares to support its prop-tech, asset-light business model and facilitate global expansion [1][3]. Proposed Transaction - The proposed capital raise is subject to market conditions and regulatory approvals, and may occur in one or more private placements or registered offerings [2][3]. - The net proceeds from the capital raise will be directed towards the strategic expansion of Hotel101 projects worldwide, enhancing its technology-enabled hospitality platform [3]. Growth Strategy - For 2026, the company aims to secure commitments for a substantial portfolio of hotel rooms across multiple countries, primarily through joint ventures and licensing agreements with local partners [4]. - The long-term vision includes establishing and operating one million Hotel101 rooms across 100 countries, leveraging regional expertise for scalable growth [4][7]. Business Model - Hotel101 operates an asset-light, prop-tech hospitality platform with a standardized "HappyRoom" model and condotel structure, aiming to deliver consistent and affordable hospitality globally [5][7]. - The company generates revenue through the advance sale of hotel units during construction and from long-term recurring revenue from hotel operations [7]. Operational Milestones - The first global Hotel101 project, Hotel101-Madrid, is expected to start accepting guests by March 2026, marking a significant step in the company's global expansion plans [8].
WYNDHAM HOTELS & RESORTS TO REPORT FOURTH QUARTER AND FULL-YEAR 2025 EARNINGS ON FEBRUARY 18, 2026
Prnewswire· 2026-01-22 21:30
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of franchised properties, with approximately 8,300 hotels across approximately 100 countries on six continents. Through its network of over 855,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, ...
New Chase IHG One welcome offers: Earn up to 175,000 bonus points
Yahoo Finance· 2026-01-22 21:28
Core Insights - Chase is promoting two IHG credit card bonuses, with the IHG One Rewards Premier being highlighted as the superior option due to its simplicity and enhanced benefits [1][12] Group 1: IHG One Rewards Traveler Credit Card - The IHG One Rewards Traveler Credit Card offers a welcome bonus of up to 120,000 points, which includes 90,000 points after spending $2,000 in the first 3 months and up to 30,000 additional points for spending on eligible purchases [4][7] - The ongoing APR for purchases ranges from 19.24% to 27.74% variable [4] - This card provides a low-cost option for earning IHG points, with no annual fee and the benefit of getting the fourth night free on award stays [7][10] Group 2: IHG One Rewards Premier Credit Card - The IHG One Rewards Premier Credit Card has a welcome offer of 175,000 bonus points after spending $5,000 in the first 3 months [10][12] - It features an annual fee of $99 and offers a rewards rate of up to 26x points at IHG hotels, 5x points on travel, dining, and gas stations, and 3x points on all other purchases [11][12] - Key benefits include earning a free night on each account anniversary, automatic Platinum Elite status, and a statement credit of up to $120 every four years for Global Entry, TSA PreCheck, or NEXUS application fees [11][12]
Loews Hotels & Co Announces Americana by Loews Hotels in Arlington, Texas
Prnewswire· 2026-01-22 14:45
Core Insights - Americana by Loews Hotels will replace the existing Sheraton Arlington Hotel, marking a significant evolution for both the market and the brand [1] - The new hotel will be the 28th property of Loews Hotels, honoring the heritage of the iconic Americana Hotel in Bal Harbour, Florida [2] - The project reflects confidence in Arlington as a growing destination, with a focus on service excellence and design for both group and leisure travelers [3] Hotel Features - The hotel will feature 507 guest rooms, including 39 suites, with standard room sizes ranging from 350 to 400 square feet [3] - It will offer over 83,000 square feet of total indoor and outdoor meeting and event space, including a 10,000-square foot Event Barn [3] - Meeting and event highlights include a Grand Ballroom of 17,337 square feet and a total of 44,789 square feet of interior meeting space [4] Strategic Importance - The opening of Americana by Loews Hotels deepens the company's presence in Arlington, contributing to a total of 1,695 guest rooms and over 374,000 square feet of meeting space across its three hotels in the area [4] - The project aligns with Loews Hotels & Co's strategy to invest in destinations that provide long-term value for guests and the surrounding community [4]
Marriott International Again Named One of Fortune's World's Most Admired Companies
Prnewswire· 2026-01-22 12:00
Core Insights - Marriott International has been named one of Fortune's World's Most Admired Companies, ranking number one in the Hotels, Casinos, and Resorts category and number 14 overall [1][2] Group 1: Recognition and Awards - The company has appeared on Fortune's Most Admired Companies' list since its inception in 1998, highlighting its consistent performance and reputation in the industry [1] - Recent accolades include being named to Fortune and Great Place to Work's 100 Best Companies to Work For in 2025, reflecting the company's strong workplace culture [3] Group 2: Employee Development and Retention - Marriott's Elevate program, designed for frontline associates, has resulted in a 25% higher retention rate and participants being 5.5 times more likely to be promoted compared to non-participants [3] Group 3: Community Engagement - The company has surpassed its goal of 15 million cumulative volunteer hours globally since 2016, achieving this milestone ahead of schedule and setting a new goal of contributing an additional 15 million hours by 2030 [4] Group 4: Company Overview - As of September 30, 2025, Marriott operates over 9,700 properties across more than 30 brands in 143 countries and territories, showcasing its extensive global presence [5]
Wyndham-Reside partnership expands amid apart-hotel boom
Yahoo Finance· 2026-01-22 09:39
Group 1 - The Heid Lofts by Reside has been opened in Philadelphia, expanding the Wyndham-Reside partnership's portfolio of apartment-style accommodations [3][8] - The property features 96 apartment-style units equipped with full kitchens and in-suite laundry, catering to the growing demand for extended stay accommodations [8] - The partnership aims to accelerate market entry and strengthen operational performance in the extended-stay and short-term rental markets [5] Group 2 - Reside is focusing on expansion into major U.S. gateway cities, with upcoming locations planned in Los Angeles, Chicago, Denver, and Cleveland [5] - Other hotel companies, such as Hilton and Marriott, are also expanding in the apartment-style accommodation segment, indicating a competitive market landscape [6][7] - The Heid Lofts represents a strategic addition to Wyndham's residential hospitality portfolio, responding to increasing consumer demand for home-style stays [8]
Xenia Hotels & Resorts Stock: Solid Fundamentals And Rising Dividends (NYSE:XHR)
Seeking Alpha· 2026-01-22 01:38
Group 1 - The focus is on building a financial portfolio aimed at achieving financial independence through investments in dividend stocks, which provide a steady income stream [1] - There is a strong interest in financial markets and a continuous effort to learn about various sectors [1] Group 2 - No stock, option, or similar derivative positions are held in the companies mentioned, but there may be plans to initiate a long position in XHR within the next 72 hours [2] - The article expresses personal opinions and is not influenced by compensation from any company mentioned [2] Group 3 - Past performance is not indicative of future results, and no specific investment recommendations are provided [3] - The views expressed may not represent those of Seeking Alpha as a whole, and the analysts involved may not be licensed or certified [3]
Xenia Hotels & Resorts: Solid Fundamentals And Rising Dividends
Seeking Alpha· 2026-01-22 01:38
Group 1 - The focus is on building a financial portfolio aimed at achieving financial independence through investments in dividend stocks, which provide a steady income stream [1] - There is a strong interest in financial markets and a continuous effort to learn about various sectors to identify potential investment opportunities [1] Group 2 - No stock, option, or similar derivative positions are held in the companies mentioned, but there is a possibility of initiating a long position in XHR within the next 72 hours [2] - The article expresses personal opinions and is not influenced by compensation from any company mentioned [2] Group 3 - Past performance of investments is not indicative of future results, and no specific investment recommendations are provided [3] - The views expressed may not represent the overall opinions of Seeking Alpha, and the analysts involved may not be licensed or certified [3]