CHICAGO--(BUSINESS WIRE)--As part of Mr & Mrs Smith's participation in World of Hyatt, members can be more immersed in wildlife through stays at Asilia Africa's safari camps. ...

Core Insights - MGM Resorts International is transitioning NoMad Las Vegas into The Reserve at Park MGM, with the rebranding effective from December 17, 2025 [1][2] - The Reserve at Park MGM will feature 293 rooms and suites, maintaining a sophisticated guest experience [2] - The venue names will be refreshed, including NoMad Pool to The Terrace Pool, NoMad Library to The Library, and NoMad Bar to The Reserve Bar [2] - In early 2026, The Reserve at Park MGM is expected to join Marriott Bonvoy's Autograph Collection, allowing members to book stays and earn points [3] - The MGM Collection with Marriott Bonvoy will include 13 destinations on the Las Vegas Strip, enhancing the partnership's portfolio [4] Company Overview - MGM Resorts International is a global entertainment company listed on the S&P 500, with a diverse portfolio of hotels, casinos, and entertainment venues [5] - The company operates 31 unique hotel and gaming destinations worldwide, including notable brands and a 50/50 venture in sports betting and online gaming [5] - MGM Resorts is pursuing expansion opportunities in Asia, particularly in Japan, while focusing on sustainability and community impact [5]

Core Insights - The hospitality industry in the Middle East is experiencing significant transformation, driven by unprecedented tourism growth, with an expected contribution of $367 billion to the region's economy and support for 7.7 million jobs by 2025 [2] Group 1: Investment in Aquatic Attractions - Resorts are increasingly investing in aquatic attractions to enhance guest experiences and drive revenue, with surf tourism projected to reach nearly $96 billion by 2030 [1] - The Grand Hyatt Dubai has partnered with WhiteWater to introduce the Middle East's first FlowRider® Triple within a newly opened 20,000 m² water park, aimed at boosting family demand and year-round profitability [1][2] - The addition of water parks is seen as a strategic move to attract families, extend guest stays, and increase overall property revenue, with average daily rates potentially increasing by $25–$150 per room [4] Group 2: Competitive Landscape - The hospitality market is becoming highly competitive, where exceptional service alone is insufficient to stand out; properties must invest in unique attractions [2][5] - The trend of adding aquatic amenities is not limited to Dubai, as seen with the Regnum Carya Golf & Spa Resort in Turkey and the Dead Sea Marriott Resort & Spa in Jordan, both of which have introduced new water parks and attractions to enhance guest retention [4] Group 3: Changing Guest Expectations - There is a shift in how hotel operators approach luxury, focusing on expanding guest expectations by providing extensive amenities that cater to families [3] - The emphasis is on creating complete destinations where guests can enjoy a variety of experiences without needing to leave the property [3][5]

Core Insights - Wynn Resorts, Limited will hold an Analyst & Investor UAE Market Tour to discuss the UAE market and the Wynn Al Marjan Island project on December 4, 2025 [1][2] - The event will feature presentations from CEO Craig Billings and the Wynn Al Marjan Island management team, focusing on the resort's expected financial performance [2] - Attendance is by invitation only for institutional investors and analysts, with the investor presentation available on the company's investor relations website [3] Financial Performance - The financial results for the third quarter ended September 30, 2025, were reported by Wynn Resorts, indicating ongoing financial activities and performance metrics [5]

Core Insights - The Sunset Royal Beach Resort, part of the Sunset World Group, plays a significant role in the conservation of sea turtles during the nesting season from May to October, with dedicated staff monitoring and protecting the turtles and their eggs [1][2]. Group 1: Turtle Conservation Efforts - In 2025, 85 female turtles nested on the beach in front of the Sunset Royal Hotel, comprising 83 green turtles and 2 loggerhead turtles, resulting in 10,345 eggs laid and 8,388 hatchlings emerging [2]. - The Benito Juárez City Council recommended expanding nesting pen capacities due to a significant increase in female turtle arrivals in 2024, highlighting the importance of conservation efforts [2]. Group 2: Company Background and Environmental Initiatives - Sunset World Group is a family-owned business with over 30 years of experience in the hospitality industry, focusing on environmental conservation and sustainability [4]. - The company has implemented an Energy Efficiency Program across its six hotels in Cancun and The Riviera Maya, utilizing clean and renewable energy from Mexican wind farms and geothermal plants to reduce its carbon footprint [4]. Group 3: Employee Training and Activities - Staff at the Sunset Royal Hotel receive ongoing training in various conservation techniques, including proper beach preparation, safe handling of nesting females, and controlled release of hatchlings [6]. - The resort offers a range of family-friendly entertainment and activities, enhancing the overall guest experience while promoting environmental awareness [3].

Core Insights - YY Group Holding Limited has announced a partnership with JW Marriott to provide staffing services across its properties in Thailand, enhancing its presence in the premium hospitality segment [1][4] - The collaboration is expected to accelerate YY Circle Thailand's growth trajectory in Southeast Asia and contribute to its revenue pipeline for 2025 and beyond [3][4] Company Developments - YY Circle Thailand has built a portfolio of internationally recognized hotel clients, including Central Group, CP All, Shangri-La, Banyan Tree, Hyatt, and Sheraton, with JW Marriott being the latest addition [2] - The partnership will involve supplying casual staffing solutions tailored to JW Marriott's operational needs, covering various functions such as guest services, food & beverage, housekeeping, events, and back-of-house operations [3] Strategic Goals - The partnership aligns with YY Group's strategy to expand its workforce solutions business across high-demand service sectors, particularly in the hospitality industry [4] - With rising tourism and evolving guest expectations, YY Group is positioned to benefit from increasing demand for flexible and reliable staffing solutions in Thailand [4]

Core Insights - Vail Resorts has appointed Celeste Burgoyne as Executive Vice President & Chief Revenue Officer, effective January 26, 2026, to drive growth and oversee marketing and guest experience [1][2][3] Company Overview - Vail Resorts operates a network of premier ski resorts, including Vail Mountain, Breckenridge, and Whistler Blackcomb, among others, with a commitment to providing an "Experience of a Lifetime" [4] - The company aims to achieve a zero net operating footprint by 2030 and supports its employees and communities [4] Leadership Background - Celeste Burgoyne has a strong background in driving growth at lululemon, where she was responsible for over $7.5 billion in revenue and led guest experience innovation [2][3] - She has been with lululemon since 2006, playing a key role in expanding the brand from fewer than 10 stores to over 750 globally [2][3]

Core Viewpoint - Ashford Hospitality Trust has signed definitive agreements to sell three hotels, expecting to generate approximately $69.5 million in gross proceeds, which will enhance cash flow and reduce future capital expenditures [1][2]. Group 1: Sale Details - The sale of Le Pavillon, a 226-room hotel in New Orleans, is priced at $42.5 million, equating to $188,000 per key, with a capitalization rate of 2.6% based on net operating income [3]. - The Embassy Suites by Hilton Austin Arboretum and Embassy Suites by Hilton Houston Near the Galleria, totaling 300 rooms, are being sold for $27.0 million, or $90,000 per key, with expected completion in January 2026 [4]. - Adjusted for anticipated capital expenditures of $14.5 million, the combined sale price represents a 2.2% capitalization rate on net operating income [5]. Group 2: Financial Impact - The company anticipates more than $2 million in annual cash flow improvement and $14.5 million in future capital expenditure savings following the sales [1][2]. - The majority of the proceeds from the sales will be used to retire mortgage debt, thereby improving cash flow after debt service and eliminating significant future capital expenditure obligations [2]. Group 3: Company Overview - Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels [6].

Core Viewpoint - DiamondRock Hospitality Company announced the redemption of all outstanding shares of its 8.250% Series A Cumulative Redeemable Preferred Stock on December 31, 2025, utilizing approximately $121.5 million in cash to fund the redemption price and accrued dividends [1][2]. Group 1: Redemption Details - The Company will redeem 4,760,000 shares at a price of $25.00 per share, plus accrued and unpaid dividends [1]. - The quarterly dividend of $0.515625 per share on the Series A Preferred Stock is declared and payable on December 31, 2025, to shareholders of record as of December 19, 2025 [2]. - After the redemption date, the Series A Preferred Stock will no longer be outstanding, and dividends will cease to accrue [3]. Group 2: Company Overview - DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a portfolio of 36 premium quality hotels and resorts, totaling approximately 9,600 rooms [4]. - The Company's portfolio is strategically positioned in leisure destinations and top gateway markets, operating under leading global brand families and independent boutique hotels [4].

Core Viewpoint - Vail Resorts, Inc. will release its financial results for the fiscal first quarter of 2026 on December 10, 2025, after market close, followed by a conference call to discuss the results [1]. Financial Results Announcement - The financial results for the fiscal first quarter ended October 31, 2025, will be announced after market close on December 10, 2025 [1]. - A conference call will be held at 5:00 p.m. Eastern Time on the same day to review the financial results [1]. Conference Call Details - The call will be accessible via broadcast at investors.vailresorts.com [2]. - Participants can join by dialing (800) 267-6316 in the U.S. or Canada, or +1 (203) 518-9783 internationally, with the conference ID MTNQ126 [2]. - A replay of the call will be available two hours after the conclusion until December 17, 2025 [2]. Company Overview - Vail Resorts operates a network of premier ski resorts, including Vail Mountain, Breckenridge, and Whistler Blackcomb, among others [3]. - The company aims to achieve a zero net operating footprint by 2030 and is committed to supporting employees and communities [3]. - Vail Resorts also manages a collection of hotels and retail locations across North America [3].