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Expect a tale of two holiday seasons as the well-off spend and the rest pull back | Gene Marks
The Guardian· 2025-11-30 15:00
Will retailers and merchants have a strong holiday season? That depends. This year, more than most, the 2025 holiday season will actually be two holiday seasons.If your business caters to higher-income individuals or if you’re located in a wealthier part of the country, you’ll probably have a decent holiday season. True, even the wealthy are cutting back. But according to the HR firm ADP average salaries have risen between 4.5% and 6.7% depending on whether workers stayed or switched jobs. The stock markets ...
X @Bloomberg
Bloomberg· 2025-11-30 14:00
At one of the world's leading hospitality schools, I learned the secret to five-start service. Hint: It might be hiding at your local Starbucks. https://t.co/CpLKfu2SCI ...
X @Forbes
Forbes· 2025-11-30 08:00
The gracious estate was the country retreat for the Ferragamo family’s formidable matriarch and her dozens of children and grandchildren. Now it’s a hotel and villas where simplicity reigns supreme.Read more: https://t.co/Lz7HsNefi5Photo: Victor Fritz https://t.co/vZRQZnhLke ...
X @Bloomberg
Bloomberg· 2025-11-30 00:00
At one of the world's leading hospitality schools, I learned the secret to five-start service. Hint: It might be hiding at your local Starbucks. https://t.co/NAj4BGxkSK ...
X @Bloomberg
Bloomberg· 2025-11-29 15:00
Hospitality Industry Insights - Five-star service secrets can be learned from unexpected places, such as Starbucks [1] Service Quality - Leading hospitality schools provide insights into achieving exceptional service standards [1]
X @Bloomberg
Bloomberg· 2025-11-28 11:10
At one of the world's leading hospitality schools, I learned the secret to five-start service. Hint: It might be hiding at your local Starbucks. https://t.co/KrtrLHmrwR ...
Ashford Inc. names new president, chief operating officer
Yahoo Finance· 2025-11-26 09:28
Core Insights - Ashford Inc. has appointed Hector Sanchez as president and Eric Batis as chief operating officer, effective immediately [1][2] - Sanchez aims to strengthen the asset management platform and drive growth across real estate businesses for advised REITs and third-party clients [2] - Batis will oversee daily operations and focus on acquisition strategy and operational oversight to enhance performance in the hospitality sector [5] Leadership Background - Sanchez previously served as head of real estate development and CEO of Ashford's subsidiary Premier, where he managed a development pipeline valued over $1 billion [3] - Batis was the executive vice president of operations at Ashford and has a background in real estate valuation and advisory services [4] Company Developments - Ashford Hospitality Trust recently sold three assets for nearly $70 million, and Braemar Hotels & Resorts is in the process of being sold [5] - The appointments of Sanchez and Batis follow the departure of former president and COO Jeremy Welter in July 2022 [6]
Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Maintains Strong Position in Hospitality Sector
Financial Modeling Prep· 2025-11-25 23:06
Core Viewpoint - Atour Lifestyle Holdings Limited (NASDAQ: ATAT) is experiencing significant growth in the hospitality sector, as evidenced by its strong financial performance and positive market outlook [2][3][5]. Financial Performance - In Q3 2025, Atour's net revenues increased by 38.4% year-over-year, reaching RMB 2,628 million (approximately $369 million) [2][6]. - The company's net income rose by 24.6% year-over-year to RMB 474 million (around $67 million), indicating robust growth [3][6]. Market Position - Atour operates a large network of 1,948 hotels with 219,359 rooms as of September 30, 2025, positioning itself as a leading player in the Chinese hospitality market [1]. - The company's market capitalization is approximately $5.24 billion, with a trading volume of 1,031,620 shares [5]. Stock Performance - Macquarie has reaffirmed its "Outperform" rating for ATAT, raising the price target from $39 to $44, reflecting confidence in the company's financial metrics and growth potential [3][6]. - The current stock price is $37.75, with a slight decrease of 0.21% during the trading day, and has shown volatility over the past year, ranging from a high of $42.34 to a low of $21.50 [4].