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Sonesta appoints co-CEOs to succeed John Murray
Yahoo Finance· 2026-01-13 09:35
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Sonesta International Hotels announced that two executives will succeed CEO John Murray, effective April 1. Keith Pierce, who currently serves as executive vice president and president of franchise and development at Sonesta, and Jeff Leer, executive vice president of Sonesta operator The RMR Group, will replace Murray as co-CEOs. Murray is retiring from his Sonesta po ...
Marriott International Announces Release Date For Fourth Quarter 2025 Earnings
Prnewswire· 2026-01-12 21:30
BETHESDA, Md., Jan. 12, 2026 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report fourth quarter 2025 earnings results on Tuesday, February 10, 2026, at approximately 7:00 a.m. Eastern Time (ET). The company will hold a conference call for the investment community on Tuesday, February 10, 2026, at 8:30 a.m. (ET). Marriott International's President and Chief Executive Officer, Anthony Capuano, and Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will discuss t ...
Warburg Pincus to buy 41% stake in Lemon Tree Hotels unit Fleur Hotels
Yahoo Finance· 2026-01-12 11:06
Core Viewpoint - Lemon Tree Hotels is undergoing a strategic reorganization, including the acquisition of a 41.09% stake in its subsidiary Fleur Hotels by Warburg Pincus for Rs9.6bn ($106.4m), which will enable Lemon Tree to focus on an asset-light hotel management model [1][3]. Group 1: Acquisition Details - Warburg Pincus will invest Rs9.6bn ($106.4m) in multiple tranches to acquire a 41.09% stake in Fleur Hotels, with the transaction set to be executed by Coastal Cedar Investment [1]. - The acquisition is part of a broader strategic reorganization that will see Fleur Hotels listed as a separate entity, allowing Lemon Tree to concentrate on hotel management and branding [2]. Group 2: Strategic Reorganization - The reorganization aims to create two focused platforms: one asset-light business for hotel management and branding, and another dedicated to hotel ownership and development [7]. - Lemon Tree will transfer its current hotel assets to Fleur, which will manage all future hotel acquisitions and developments, shifting Lemon Tree to an asset-light model [4]. Group 3: Mergers and Shareholding Structure - Lemon Tree will merge its wholly owned subsidiaries, Carnation Hotels and Hamstede Living, into itself, while four other subsidiaries will merge with Fleur in exchange for shares [5]. - Upon completion of the demerger, Lemon Tree shareholders will hold 32.96% of Fleur, with Lemon Tree directly owning 41.03% and Warburg Pincus holding 26.01% [6]. Group 4: Future Listing - Fleur is expected to be listed as a separate entity on Indian stock exchanges within 12 to 15 months following necessary approvals [7].
Marriott appoints new executives as leadership shuffle continues
Yahoo Finance· 2026-01-12 09:46
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Marriott International has appointed three executives “to drive the company’s continued expansion,” as two long-time leaders prepare to depart, the company announced Friday. Satya Anand, currently president of Marriott’s Europe, Middle East and Africa region, will become group president for the U.S., Canada and the Caribbean and Latin America region. Meanwhile, Neal J ...
Java World Mag Reports Filing Clarifies That Exposure Is Exclusively LuxUrban-Related and Not Personal in Nature
Globenewswire· 2026-01-10 22:45
San Francisco, CA, Jan. 10, 2026 (GLOBE NEWSWIRE) -- Java World Mag Reports Filing Clarifies That Exposure Is Exclusively LuxUrban-Related and Not Personal in NatureA close review of the filing underscores that the exposure at issue is entirely LuxUrban-related, commercial in nature, and detached from any pattern of personal financial mismanagement.Mr. Ferdinand’s financial posture, as reflected in the filing, shows minimal consumer obligations and no lifestyle-driven debt. The liabilities addressed arise s ...
Target Hospitality: Aiming In The Right Direction Towards Growth (NASDAQ:TH)
Seeking Alpha· 2026-01-09 22:15
Four months since my previous coverage , Target Hospitality Corp. ( TH ) has stayed flat and slow-moving after decreasing by 9.9%. While this contradicts my bullish view of this stock, I perfectly understand the cautious market stance. AfterI have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I hav ...
Target Hospitality: Aiming In The Right Direction Towards Growth
Seeking Alpha· 2026-01-09 22:15
Group 1 - Target Hospitality Corp. (TH) has remained flat and slow-moving after a decrease of 9.9% over the past four months, which contradicts the bullish view on the stock [1] - The cautious market stance is acknowledged, indicating a potential hesitance among investors regarding the stock's performance [1] - The analyst has nearly two decades of experience in the logistics sector and focuses on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] Group 2 - The analyst has been trading in the Philippine stock market since 2014, initially investing in blue-chip companies and now diversifying across various industries and market cap sizes [1] - The entry into the US market occurred in 2020, with the analyst gaining awareness of the market through a relative's trading account before opening their own [1] - The analyst has holdings in US banks, hotels, shipping, and logistics companies, using analyses from Seeking Alpha to compare with the Philippine market [1]
Marriott International Announces Changes to its Continent Leadership and a Strategic Realignment Across Key Regions
Prnewswire· 2026-01-09 13:45
Brian King's three-decade career at Marriott has been defined by transformative growth and innovation. As President, Enterprise Transformation & CALA, King delivered record-breaking performance across Marriott's portfolio in the region, which now spans 37 countries and territories, accelerating Marriott's footprint and strengthening profitability in the region. He spearheaded Marriott's entry into the affordable midscale segment through the acquisition of the City Express brand, positioning the company to c ...
Shaza Hotels selects IDeaS for G3 revenue system rollout
Yahoo Finance· 2026-01-09 11:08
UAE-based Shaza Hotels has entered a preferred partnership with SAS company IDeaS to deploy the latter’s G3 revenue management system (RMS) across its current and future properties. Under the agreement, Shaza Hotels will use G3 RMS to support forecasting, pricing and inventory management, group displacement evaluation, and automation of routine tasks across its commercial operations. The system has already been implemented at Mysk Al Balad Madinah in Saudi Arabia, with further rollouts under considerati ...
This Is My Absolute Best Dividend Stock Idea Right Now
The Motley Fool· 2026-01-09 01:32
Core Viewpoint - Marriott International is positioned as a strong dividend stock despite a modest yield of approximately 0.8%, supported by a robust business model that emphasizes steady growth and significant cash returns to shareholders through share repurchases [4][15]. Business Model and Financial Performance - Marriott operates on an "asset light" business model, primarily acting as a platform operator for hotels owned by other companies, which allows for strong cash flow without heavy capital investment in real estate [6][7]. - In Q3, Marriott's total revenue increased by 4% year-over-year to about $6.5 billion, with base management and franchise fees rising nearly 6% to approximately $1.2 billion, while net income surged by 25% year-over-year [8]. - The company returned a total of $3.1 billion to shareholders over the past three quarters, with expectations to return about $4 billion for the full year, reflecting a solid return for a company with a market capitalization of around $88 billion [9]. Growth Opportunities - Marriott's growth is expected to continue, driven by an increase in hotel openings, room additions, and enhanced customer loyalty engagement, with 17,900 net rooms added in Q3, marking a 4.7% year-over-year increase [10]. - The development pipeline reached a record of approximately 3,900 properties and over 596,000 rooms, which is anticipated to drive fee growth and customer acquisition [10]. - The Marriott Bonvoy loyalty program added 12 million members in Q3, bringing total membership to nearly 260 million, which supports pricing power and enhances brand value for hotel owners [12]. Market Position and Valuation - Marriott's stock trades at a price-to-earnings ratio of 34 and a forward price-to-earnings ratio of 27, indicating that investors are willing to pay a premium for its growth story [15]. - The company’s dividend is underpinned by a fee-based model, a strong loyalty platform, and consistent room growth, which are expected to contribute to both share price appreciation and dividend growth over the long term [15].