Global News

Marriott International and MGM Resorts International announce long-term license agreement

Marriott International, Inc. (Nasdaq: MAR) and MGM Resorts International (NYSE: MGM) announced today an exclusive long-term strategic licensing agreement and the creation of MGM Collection with Marriott Bonvoy, which will launch in October 2023, and encompass 17 of MGM’s unrivaled resorts, representing more than 40,000 rooms in Las Vegas and other cities across the U.S.

Marriott International
Global News

U.S. hotel results for week ending 8 July

Due to constricted business travel during the Fourth of July, U.S. hotel performance fell from the previous week and showed weaker year-over-year comparisons, according to STR‘s latest data through 8 July. 

Hotel Industry Outlook
Global News

Marriott International releases annual serve 360 report

Marriott International, Inc., today published its 2023 Serve 360 Report highlighting data as of year-end 2022 and shared the company’s continued progress on its Environmental, Social, and Governance (ESG) efforts. Marriott’s sustainability and social impact platform, Serve 360: Doing Good in Every Direction, guides the company’s efforts toward its 2025 Sustainability and Social Impact Goals. The full report can be accessed on the company’s Serve 360 website. Key report takeaways can be seen in the video below.

Marriott
Global News

Europe’s Tourism rebound continues into 2023, driven by strong travel enthusiasm

Europe’s tourism recovery is maintaining its momentum despite economic headwinds, reaching about 95% of 2019 levels of international tourist arrivals. Though inflation and increased travel costs are squeezing consumers’ wallets, travel spending is still prioritised over other discretionary expenses. The latest data available shows that one-quarter of reporting European destinations have surpassed pre-pandemic levels of foreign arrivals.

European travel sentiment survey
Global News

citizenM aims for 100% green building certifications

Award-winning hotel and lifestyle brand citizenM highlights the company’s latest achievements and priorities in its annual ESG report, including its focus on credible ESG data, sustaining high green building standards, rolling out salary transparency projects for employees, and an ambitious decarbonization plan across its global portfolio. Underscoring citizenM’s ongoing commitment to making change for environmentally and socially conscious travelers, the brand cements its position among those “who think purposefully about their impacts on the world.”

citizenM
Join over 60,000 industry leaders.

Never miss a trend.

Advertisements