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Marriott

Sonder appoints independent board chair as challenges continue

Sonder appoints independent board chair as challenges continue

Sonder Holdings Inc., a hospitality company that blends elements of hotels and short-term rentals, announced the appointment of Janice Sears as independent board chair, effective immediately, as reported by Skift. Sears, who has served on Sonder's board since 2016, replaces cofounder and CEO Francis Davidson in the role.

Marriott confirms 833 layoffs at Bethesda headquarters

Marriott confirms 833 layoffs at Bethesda headquarters

Marriott International will lay off 833 employees at its Bethesda headquarters, effective 3 January as part of global cost cutting, as confirmed by the Washington Business Journal. The hospitality giant, which filed a WARN notice with the state last week, said the reductions will primarily affect corporate roles, not hotel

Marriott’s corporate restructuring underway, scale TBD

Marriott’s corporate restructuring underway, scale TBD

Per Skift, Marriott International, the world's largest hotel company, has initiated a significant corporate restructuring, including widespread layoffs affecting hundreds of employees. This move, part of an $80-90 million annual cost-saving initiative, primarily impacts corporate-level positions. The restructuring follows Marriott's doubling in size over the past

Feds’ infrastructure spending may buoy midscale hotel segment

Feds’ infrastructure spending may buoy midscale hotel segment

Skift notes Choice Hotels desire to climb the property ladder, citing a development pipeline that anticipates “30% higher revenue-per-available room potential than current properties,” even as Marriott slashes headquarters staff to achieve $90 million in annual savings and promises to cut property owner-partner costs, while increasing midscale flags. One interesting