Keyword: Hyatt Hotels Corp.
The company plans to reduce the pay and schedules of two-thirds of its corporate employees from April 1 through May 31.
Companies are struggling to deal with the loss of roomnights and uncertainty about what the future will bring.
Hotel stocks have dropped, and hotel companies are pulling and downgrading their 2020 guidance amid COVID-19 concerns.
As hotel companies wait for the long-term effects of the COVID-19 coronavirus outbreak, new initiatives and plans are helping businesses stay afloat.
The 80-room Quirk Hotel Charlottesville includes a locally curated gallery with works from local, regional and national artists.
Hyatt Hotels Corporation has withdrawn its previous 2020 outlook as a result of the COVID-19 outbreak.
The upcoming property will be located next to the Miami Beach Convention Center, which underwent a $600 million renovation last year.
Hyatt Hotels Corporation’s CEO said that the group would continue to look for “fee-based or non-real estate intensive acquisitions”.
A year after closing on the Two Roads Hospitality acquisition, Hyatt reported some ups and downs in its earnings for 2019.
The 220-room Hyatt Centric Downtown Portland in Oregon marks the upper-upscale brand’s first location in the region.