hotels

GBTA: Move 2020 Hotel RFP Process To Next Year
GBTA: Move 2020 Hotel RFP Process To Next Year
May 05, 2020  |  B2B Payments

The Global Business Travel Association (GBTA) is in favor of postponing the hotel request-for-proposal (RFP) process for corporate travel bids until 2021 due to the...

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Marriott Takes In $920M Via Credit Card Deals Amid COVID-19
Marriott Takes In $920M Via Credit Card Deals Amid COVID-19
May 05, 2020  |  Retail

As it weathers a lull in travel because of COVID-19, Marriott International Inc. has taken in $920 million in cash via arrangements with co-branded credit...

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Texas Hotel Group To Give Back $70M In PPP Loans
Texas Hotel Group To Give Back $70M In PPP Loans
May 03, 2020  |  Loans

Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to...

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OYO Names Former Starbucks Executive To Board
OYO Names Former Starbucks Executive To Board
May 01, 2020  |  Retail

OYO Hotels & Homes has named Troy Alstead, who previously served as Starbucks’ COO, as an independent member of its board of directors. The executive...

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Texas Hotelier Nets $59M In PPP Loans
Texas Hotelier Nets $59M In PPP Loans
April 23, 2020  |  Loans

The biggest benefactor of the Paycheck Protection Program (PPP) is a Dallas, Texas-based hotelier named Monty Bennett, who has received $59 million from the program...

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Marriott Plans For Reopening And Keeping Guests, Workers Safe From COVID-19
Marriott Plans For Reopening And Keeping Guests, Workers Safe From COVID-19
April 20, 2020  |  Coronavirus

Arne Sorenson, Marriott International Inc.’s CEO, said the deadly coronavirus pandemic will change the experience of staying in a hotel — at least temporarily —...

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Travel’s Long Journey Back To Normal
Travel’s Long Journey Back To Normal
April 15, 2020  |  Travel Payments

While there are very few industries that have not been affected by the COVID-19 outbreak in some way,  travel as a vertical has been hit...

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Hilton, AmEx Donate Up To 1M Rooms To Healthcare Workers
Hilton, AmEx Donate Up To 1M Rooms To Healthcare Workers
April 06, 2020  |  Coronavirus

As healthcare workers fight the COVID-19 pandemic, Hilton and American Express will donate 1 million hotel rooms across the U.S. to those working on the...

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Pushed By SoftBank, Oyo Reaches For Profitability
Pushed By SoftBank, Oyo Reaches For Profitability
March 26, 2020  |  Travel Payments

Hotel chain Oyo, which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive...

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