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Global eNewsletter of May 14, 2024
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Tuesday, 14th May 2024
 

Hyatt doubles down on Latin America growth with 30+ planned openings, Mexico investment opportunity and more...

Hyatt doubles down on Latin America growth with 30+ planned openings
Tuesday, 14th May 2024

Upcoming openings in Latin America & the Caribbean enhance Hyatt’s leadership in luxury, resort and lifestyle, creating unforgettable experiences in destinations that matter most to guests and World of Hyatt members.

Through 2027, Hyatt is committed to expanding its brand presence in new and exciting destinations throughout the region, meeting travelers in even more places – whether vacationing fwith family for a fun-filled stay or reconnecting with colleagues at a picturesque location >>

Hotels For Sale Globally presents new investment opportunities in Mexico
14 May 2024 : HotelsForSaleGlobally, a wholly-owned division of Hong Kong based, Lifestyle Concepts Group is pleased to announce that it has added a new hotel for sale in Mexico to its portfolio >>

Jumeirah Hotels & Resorts rebrands and renames hotels
14 May 2024 : The Dubai-born hospitality brand, which was launched in 1997, has redesigned its logo and renamed some of its hotels >>

IHG debuts two brands and enters new locations in Vietnam
14 May 2024 : Hotel Indigo and Vignette Collection will launch in market this year as IHG’s growth continues, a country portfolio of eight IHG brands increases choice for domestic and international guests >>

Minor Hotels tracks path to net zero with positive results
14 May 2024 : Minor Hotels' energy and greenhouse gas emission intensities, per rooms sold, decline nearly 8% and 11%, respectively, versus 2022 >>

HIGHLIGHT ARTICLE

Time to Rethink Hospitality: Building Long-term Value
Tuesday, 14th May 2024

Exclusive Feature - From shareholder to stakeholder focus: the long-term value model vs short-term gains model.

It’s clear that present Shareholder Capitalism models, driven by annual financial targets designed to maximise returns to shareholders – and where ROI and dividends dominate over all others – are more short-sighted than a well-thought-out and implemented Stakeholder Capitalism model, which focuses on creating long-term value for everyone >>

Management Company Compensation Slows in 2023
Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the US lodging industry recovered from the COVID-19 pandemic >>

In case you've missed it: Global eNewsletter of May 13, 2024
Marriott launches midscale hospitality segment in Japan, Hyde has made its debut in Turkey and more >>

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