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Hyatt signals $2B Playa real estate sale and 6.7%-7.7% net rooms growth outlook while advancing asset-light strategy
Mark Samuel Hoplamazian, President, CEO & Director, expressed enthusiasm for the completed acquisition of Playa Hotels & Resorts and the agreement to sell the entire Playa Real Estate portfolio, ...
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OPAD Q3 2025 Deep Dive: Asset-Light Strategy and Cost Discipline Amid Challenging Housing Market
Technology real estate company Offerpad (NYSE:OPAD) in Q3 CY2025, with sales falling 36.2% year on year to $132.7 million. Next quarter’s revenue guidance of $112.5 million underwhelmed, coming in ...
ITC Hotels' results show that as long as hotel providers offer a good product, higher room rates are not going to harm occupancy anymore. ITC Hotels signed 28 hotels in 2025, adding nearly 2,800 keys ...
Management expressed confidence in the asset-light strategy and projected ongoing growth in both licensing and experiential businesses. Kohn stated, "I am confident that we might have the right -- we ...
Hotel turnover[1] increased 15.0% year-over-year to RMB 26.9 billion in the second quarter of 2025. Total adjusted EBITDA rose 11.3% y-o-y to RMB 2.3 billion. In line with its commitment to ...
Following an extensive strategic review, Captivision's management has determined that the Korean operations, while historically part of the company's manufacturing base, represent a legacy business ...
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has completed the sale of both The Westin San Francisco Airport and Aloft San Francisco Airport to a venture led by Ultima ...
Paul Tham, CFO of Singapore's CapitaLand Investment, discusses the company's recent earnings results and its shift to an asset-light business strategy. He also highlights the key areas where he sees ...
MBD Group has signed a master franchise pact with Radisson Hotel Group to launch 50 Radisson Collection MBD and Radisson RED MBD hotels across India, betting on an asset-light strategy to scale luxury ...
BEIJING, Jan. 27, 2026 /PRNewswire/ -- Pony.ai, a global leader in achieving large-scale mass production and commercialization of autonomous driving technology, today announced a strategic partnership ...
SINGAPORE and SHANGHAI, Aug. 20, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT) (HK: 01179), one of the world's leading hospitality groups, delivered robust second-quarter results for 2025, ...
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