Illinois Gov. JB Pritzker recounted his $1.4 million blackjack winnings when asked about a 2024 tax return his re-election campaign shared a day earlier. The billionaire Hyatt hotel heir has released his returns annually while in office.⁠Read more: https://t.co/Wrb4oCAImy https://t.co/juMx9uPaca ...

Independent hotel brands alliance Global Hotel Alliance (GHA) has made two senior leadership appointments. Steve Ayalo has been promoted to vice president of IT governance, risk and compliance, and Matthew Lloyd to vice president of marketing technology and CRM. In a LinkedIn post, GHA said: “Both have been instrumental in strengthening our cybersecurity, MarTech, and customer engagement capabilities. Their leadership will play a key role in driving innovation, operational excellence, and global growth a ...

Paradise Acquiring Grand Hyatt Incheon West Tower for KRW210 billion in South KoreaParadise SegaSammy Inc, a subsidiary of South Korea-based Paradise Co., Limited (“Paradise”), will be acquiring 501-key Grand Hyatt Incheon West Tower from KAL Hotel Network, a subsidiary of South Korea-based Hanjin Group, for KRW210 billion. The land will remain under the ownership of South Korea-based Incheon International Airport Corporation. This translates to approximately KRW419 million per key and accounts for about 5. ...

TOKYO (Reuters) -A leading indicator of Japan's service-sector inflation perked up in August, data showed on Thursday, backing up the central bank's view that rising labour costs will help keep inflation sustainably around its 2% target. The services producer price index, which tracks the price companies charge each other for services, rose 2.7% in August from a year earlier, Bank of Japan data showed, accelerating from a revised 2.6% gain in July. Hotel prices rose 7.6% year-on-year in August, acceler ...

Core Insights - Alibaba's Tmall Genie has officially entered the "space intelligence" era, transforming smart homes into environments that can perceive and think, enhancing user experience through AI-driven automation [1][3][9] Group 1: Strategic Upgrade - Tmall Genie announced a comprehensive upgrade to its "space intelligence" strategy, focusing on three core capabilities to transition the industry from "device networking" to "space awakening" [3][5] - The system utilizes a distributed spatial network host as the "nerve center," integrating AI space sensors and AI environment sensors to create a spatial perception network, enabling predictive capabilities [3][5] - A partnership with top brands like Fotile and Serta has led to the establishment of the "Space Intelligence Alliance," facilitating seamless collaboration across multiple devices and scenarios [3][7] Group 2: Technological Breakthroughs - Tmall Genie 3.0 redefines the relationship between people, space, and devices, extending smart home interactivity beyond traditional appliances to include smartphones and smartwatches [5][9] - AI space sensors can cover areas up to 64 square meters and track the dynamics of up to five individuals, allowing for precise location recognition and scene linkage [5][9] - The AI environment sensors monitor health metrics in real-time, learning user habits and anticipating needs, thus ending the era of manual adjustments [5][9] Group 3: Ecosystem Expansion - Tmall Genie is rapidly expanding its ecosystem, with over 70 flagship experience stores established in key commercial areas by 2025 [7] - The launch of the "Genie Future Home Space Intelligence Designer Alliance" at the conference aims to provide comprehensive solutions from technology implementation to aesthetic scenarios [7][9] Group 4: Future of Hospitality - The Tmall Genie Future Hotel 4.0 introduces three AI solutions aimed at addressing revenue growth, service experience, and operational efficiency challenges in the hotel industry [10][13] - The AI-driven desktop marketing system redefines hotel revenue models, achieving a 98% response rate for service requests through natural voice interactions [12][13] - The initiative has partnered with over 20 collaborators, expanding its ecosystem and accelerating the transition from digitalization to intelligence in the hospitality sector [12][13]

Market Overview - U.S. stock futures showed mixed results, with Dow futures increasing approximately 0.1% [1] Company-Specific Movements - Diversified Energy Company PLC DEC experienced a significant decline of 6.6%, dropping to $14.37, following the announcement of a proposed secondary offering of 5,713,353 ordinary shares [1] - Turbo Energy, S.A. TURB saw a sharp decline of 24.1% to $9.41 after a substantial increase of 359% on Tuesday due to being awarded a $53 million contract for energy storage projects in Spain with a total capacity of 366 MWh [3] - ChowChow Cloud International CHOW fell 11.9% to $11.11 after a previous surge of 215% on Tuesday [3] - Pebblebrook Hotel Trust PEB decreased by 8.5% to $10.56 as the company initiated a $350 million convertible senior notes offering to repurchase 2026 notes [3] - WEBTOON Entertainment Inc. WBTN dropped 5% to $19.76 after a 39% increase on Tuesday, following a non-binding agreement with Disney to develop a digital comics platform [3] - loanDepot, Inc. LDI fell 5% to $4.22 in pre-market trading [3] - DRDGOLD Limited DRD decreased by 4.3% to $22.36 [3] - Mercurity Fintech Holding Inc. MFH declined by 2.1% to $9.34 after a previous surge of over 18% on Tuesday [3]

NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- via InvestorWire — Nightfood Holdings inc. (NGTF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the full publication, “Automation and AI Unlock New Value Across Global Service Industr ...

September 5, 2025 10:43 PM GMT Gaming, Lodging and Real Estate | Asia Pacific TWA#36/2025: Positive on Malls in China and India We believe Chinese luxury malls will benefit from rising inbound tourists. We upgraded HLP to OW. Indian malls should benefit from GST cuts on products sold in malls. We expect SJM's weaker position to continue. 3Q25 RevPAR rebound is leisure- driven, and 4Q25 might slip. China Hotels: • What's the outlook, post summer holiday? What's the outlook, post summer holiday? India Propert ...

Hotel Industry & Investment - The company leader has been running the company for 18 years [1] - The company committed to restoring the Walter hotel, a significant part of New York culture and the luxury hotel business [2] - The hotel was sold for just under $2 billion USD [3] - The restoration was funded by partners, indicating a capital-light business model [3] - The hotel was reduced from 1,400 rooms to 375 rooms with 375 condominiums being sold [3] Hotel Restoration & Quality - A very large amount of money was invested in the restoration without cutting costs or corners [4] - The restoration focused on exceptional detail and quality in every aspect [4]

Welcome back to Money Movers. In 2017, New York's iconic Waldorf Historia Hotel closed for extensive renovations. Now, eight years later, the doors to the Waldorf are back open for bookings in the nearly 400 guest rooms and suites.And today, the hotel announcing the reopening of its 43,000 square ft of event spaces, including a 1500 person capacity grand ballroom, a historic one. I got a chance to be in there with the CEO, Chris Netta of Hilton. We also talked exclusively about the company's bet on luxury, ...