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Hyatt appoints Vikas Chawla as President – India & Southwest Asia
The Economic Times· 2026-04-01 07:02
The chain said it continues to expand its portfolio and pipeline across key urban and leisure destinations in India. Chawla will report to David Udell, Group President, Asia Pacific at Hyatt. "The creation of this new senior leadership role reflects both the scale of opportunity we see in India and our commitment to this market," said Udell. "Over more than four decades, Hyatt has built a strong foundation in India. As we enter our next phase of growth, Vikas’ extensive experience and entrepreneurial leade ...
InterContinental Hotels Group PLC Announces Transaction in Own Shares - April 01
Accessnewswire· 2026-04-01 06:00
InterContinental Hotels Group PLC Announces Transaction in Own Shares - April 01 <!-- Twitter Tags --> <!-- Facebook Tags --> <!-- Injecting site-wide to the head --> <!-- End Injecting site-wide to the head --><!-- Inject secured cdn script --> <!-- ========= Meta Tags ========= --> <!-- PWA settings --> <!-- Add manifest --> <!-- End PWA settings --> <!--Add favorites icons--><!-- End favorite icons --> <!-- render the required CSS and JS in the head section --> <!-- loadCSS function header.jsp--> <!-- Go ...
Hilton Announces First Quarter 2026 Earnings Release Date
Businesswire· 2026-03-31 17:00
MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. (NYSE: HLT) will report first quarter 2026 financial results before the stock market opens on Tuesday, April 28, 2026, followed by a conference call at 9 a.m. EDT. Christopher J. Nassetta, president & chief executive officer, Hilton, and Kevin Jacobs, executive vice president & chief financial officer, Hilton, will discuss the company's performance and lead a question-and-answer session. Participants may listen to the live web. ...
Swiss-Belhotel expands in Indonesia with new contracts in Q1 2026
Yahoo Finance· 2026-03-31 12:10
Swiss-Belhotel International has announced a series of new hotel management contract signings in the first quarter (Q1) of 2026, accelerating its expansion plans in Indonesia. The company is broadening its presence across the archipelago to strengthen its market reach. Key cities identified for expansion include Bali, Batam, Bengkulu, Central Kalimantan, Lampung, Semarang, Tangerang, and Yogyakarta. The portfolio spans several market segments: luxury and upper upscale brands, including MĀUA by Swiss-Be ...
Hotel101 Global Holdings Corp. Takes Next Step for Proposed US$300 Million Series A Perpetual Preferred Share Offering
Globenewswire· 2026-03-31 11:00
The net proceeds of the proposed transaction are expected to be applied mainly toward fueling the Company's strategic expansion of Hotel101 projects worldwide, advancing its innovative, prop-tech hospitality platform, accelerating its progression to pure asset-light growth and worldwide expansionSINGAPORE, March 31, 2026 (GLOBE NEWSWIRE) -- Hotel101 Global Holdings Corp. (NASDAQ: HBNB) (“HBNB,” “Hotel101 Global” or the “Company”) announced today that its Board of Directors has called for an extraordinary ge ...
Patel Family Office and AHQ sign $1bn deal to establish hospitality platform
Yahoo Finance· 2026-03-31 10:27
Patel Family Office and Abdel Hadi Abdullah Al-Qahtani & Sons (AHQ) have signed a $1bn agreement for establishing AYARA, a hospitality platform focused on developing 50 business hotels in Saudi Arabia by 2029. The agreement was signed at the FII PRIORITY Summit in Miami, a global leadership event. Ayara aims to address Saudi Arabia’s growing need for reliable, standardised mid-market business accommodation amid ongoing Vision 2030 economic diversification efforts. Patel Family Office will collaborate w ...
InterContinental Hotels Group PLC Announces Transaction in Own Shares - March 31
Accessnewswire· 2026-03-31 07:43
Core Viewpoint - The Company has announced the purchase of its ordinary shares on the London Stock Exchange, reflecting a strategic move to utilize shareholder authority granted at the previous Annual General Meeting [1] Group 1: Share Purchase Details - On 30 March 2026, the Company purchased a specific number of its ordinary shares priced at 20340/399 pence each [1] - The purchase was executed through Goldman Sachs International (GSI) [1] - This action was in accordance with the authority granted by shareholders at the Company's Annual General Meeting held on 8 May 2025 [1] Group 2: Instructions and Announcements - The purchase was carried out following instructions issued by the Company on 17 February 2026 [1] - The announcement regarding the purchase instructions was also made on 17 February 2026 [1]
G6 Hospitality unveils hotel procurement solution for franchisees
Yahoo Finance· 2026-03-30 09:58
G6 Hospitality has launched the G6 Marketplace, a hotel procurement platform designed to streamline supply chain operations for its franchisees in the US and Canada. The platform centralises sourcing, pricing and ordering for supplies, aiming to minimise the time and effort required to manage multiple vendors. It addresses issues such as fragmented supplier ecosystems and cost volatility within hospitality procurement by consolidating pricing, inventory, suppliers, and ordering processes into a single i ...
InterContinental Hotels Group PLC Announces Transaction in Own Shares - March 30
Accessnewswire· 2026-03-30 06:10
Core Viewpoint - InterContinental Hotels Group PLC has announced the purchase of its own shares, indicating a strategic move to enhance shareholder value through share buybacks [2][3]. Group 1: Share Purchase Details - The company purchased a total of 46,000 ordinary shares on March 27, 2026 [3]. - The lowest price paid per share was $129.45, while the highest price was $131.10, with an average price of $130.3164 [3]. - Following this transaction, the total number of ordinary shares in issue is 150,345,674, excluding 5,431,782 shares held in treasury [3]. Group 2: Authorization and Execution - The share purchase was conducted through Goldman Sachs International on the London Stock Exchange, in accordance with the authority granted by shareholders at the Annual General Meeting on May 8, 2025 [2]. - The company issued instructions for the purchase on February 17, 2026, which were previously announced [2].
ATLANTIC Hotels adopts IDeaS revenue management for Frankfurt launch
Yahoo Finance· 2026-03-27 11:17
German hotel group ATLANTIC Hotels has implemented IDeaS’ revenue management platform at its forthcoming Frankfurt/Main property, scheduled to open in mid-2026. The hotel group seeks to improve its pricing and inventory strategies by using IDeaS’ AI-based G3 RMS system as it prepares to expand in the German market. Situated in the Sparda-Bank Tower, the new hotel will feature 373 rooms and suites spanning 20 floors, seven conference rooms, and direct access to Messe Frankfurt. By integrating the G3 RMS ...