hospitality

Aimbridge’s Thomas Song Discusses Outlook of Hospitality Industry
Q&A

Aimbridge’s Thomas Song Discusses Outlook of Hospitality Industry

"The [hospitality] industry is consolidating, and we want to be the consolidator of choice."
By Russ Banham | January 21, 2022
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U.S. Loses 140,000 Jobs Amid New Lockdowns
The Economy

U.S. Loses 140,000 Jobs Amid New Lockdowns

The December jobs report shows "the economy’s not just tapping on the brakes, but actually has been thrown into reverse."
By Matthew Heller | January 8, 2021
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California Governor Vetoes Return-to-Work Bill
Risk & Compliance

California Governor Vetoes Return-to-Work Bill

The requirements of the bill "place too onerous a burden on employers navigating the tough challenges” of the pandemic, Gov. Gavin Newsom says.
By Matthew Heller | October 2, 2020
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Marriott Takes Revenue Hit From Empty Rooms
Risk & Compliance

Marriott Takes Revenue Hit From Empty Rooms

“In the last few months, we have seen the impact of COVID-19 spread throughout our business in an unprecedented way."
By Matthew Heller | May 11, 2020
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Aramark Buys Avendra, AmeriPride for $2.3B
Strategy

Aramark Buys Avendra, AmeriPride for $2.3B

The acquisitions will complement Aramark’s 2016 buy of group-purchasing firm HPSI and significantly increase its uniform business.
By Matthew Heller | October 16, 2017
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China’s HNA Group Buys 25% of Hilton for $6.5B
Strategy

China’s HNA Group Buys 25% of Hilton for $6.5B

The Chinese conglomerate makes its second foray into the U.S. hotel industry in six months, paying a premium of 14.6% for Blackstone's stake in Hilton.
By Matthew Heller | October 26, 2016
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Apollo Global to Buy Timeshare Operator for $2B
Strategy

Apollo Global to Buy Timeshare Operator for $2B

The private-equity firm's acquisition of Diamond Resorts adds to a hospitality portfolio that also includes Caesars Entertainment.
By Matthew Heller | June 29, 2016
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