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- ⚡ Hotel CEOs' Lavish Earnings Highlight Disparity in Pay Structures
⚡ Hotel CEOs' Lavish Earnings Highlight Disparity in Pay Structures
⚡️ Top Stories
⚡ In a revealing display of corporate compensation, the hotel industry witnessed soaring paydays for its top executives in 2023. The spotlight was firmly on Hilton's Chief Executive Officer, Christopher Nassetta, whose staggering $57 million remuneration package led the pack, overshadowing counterparts at Marriott, Hyatt, Wyndham, Choice, IHG, and Accor. Read More.
⚡ Wyndham Hotels & Resorts has recently announced the appointment of Scott Strickland as their new Chief Commercial Officer, marking a significant move in their leadership team. With extensive experience in information systems, eCommerce, and business transformation garnered from his tenure at notable companies like D+M Holdings, Nissan, and Black & Decker, Strickland brings a wealth of expertise to his new role. Read More.
⚡ U.S. hotels are set to make a significant fiscal contribution this year, according to the latest report from the American Hotel & Lodging Association (AHLA). Read More.
⚡ Accor has doubled the group’s footprint in Japan with the opening of 22 hotels and over 6,000 rooms in the country.Prior to the addition of the 22 new hotels, Accor was operating 24 hotels in Japan, under eight brands: MGallery, Pullman, Swissôtel, Mercure, Novotel, ibis, ibis Styles and ibis budget. Read More.
⚡ Minor Hotels announced the signing of a strategic partnership with The Cavaleros Group to manage a hotel in Johannesburg, South Africa. The signing represents the upcoming debut of Minor Hotels’ NH Collection brand on the African continent. Read More.
⚡ Hyatt Hotels Corporation’s latest all-inclusive property, Dreams Estrella del Mar Mazatlán Golf & Spa Resort, opened its doors last Friday.The first Hyatt hotel in the seaside destination Mazatlán, Sinaloa, Mexico, the Dreams brand resort is part of the company’s expanding Inclusive Collection. Read More.