Hyatt Hotels Corp

Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers
Business

Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers

Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to announce Tuesday. Under the terms of the deal, Costco will offer Peloton’s Bike+ in 300 of its U.S. stores for $1,999, and on […]

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Hyatt CEO: US travel to China has dropped off sharply
Travel

Hyatt CEO: US travel to China has dropped off sharply

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Hoplamazian, CEO of Hyatt, discusses the hotel giant’s business in China, amid changing travel trends and a closely-watched US presidential election. Source

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About 10,000 U.S. hotel workers strike as contract talks break down
World

About 10,000 U.S. hotel workers strike as contract talks break down

The Hyatt Regency Washington on Capitol Hill is seen on August 21, 2024 in Washington, DC.  Anna Rose Layden | Getty Images Some 10,000 U.S. hotel workers began a multi-day strike in several cities on Sunday after contract talks with hotel operators Marriott International, Hilton Worldwide and Hyatt Hotels stalled, the Unite Here union said. Unite Here, which represents workers in hotels, casinos, and airports across the United States […]

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Watch CNBC’s full interview with Hyatt CEO Mark Hoplamazian
Travel

Watch CNBC’s full interview with Hyatt CEO Mark Hoplamazian

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hyatt CEO Mark Hoplamazian joins ‘Money Movers’ to discuss their plans to acquire Standard International, the parent company of the Standard and Bunkhouse Hotels brands, and what this acquisition means for Hyatt. Source

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‘Travel is too expensive right now’: Americans are spending less or skipping trips altogether
Travel

‘Travel is too expensive right now’: Americans are spending less or skipping trips altogether

Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. […]

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Travelers are finally cracking under the pressure of high costs
Travel

Travelers are finally cracking under the pressure of high costs

During the second-quarter earnings period, many companies signaled travel demand is expected to drop in 2024. Source

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Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
World

Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped Americans try to scrape by. That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds to an increasingly popular view […]

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Your family vacation was ruined, and the company apologized — with a heartfelt be aware penned by ChatGPT
Travel

Your family vacation was ruined, and the company apologized — with a heartfelt be aware penned by ChatGPT

Responding to offended buyers is a single of the most difficult components of her work, Natasha said. Obtaining the proper terms, conveying the ideal amount of contrition — particularly when the hotel is just not at fault (study: rain complaints) — is a monotonous and time-consuming system, stated the director of a five-star vacation resort, […]

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Luxury hotels move into Nashville as demand for rooms surges
Business

Luxury hotels move into Nashville as demand for rooms surges

Nashville is seeing an unprecedented surge in luxury hotels, with renowned brands such as the Four Seasons Hotel, the W Hotel and the Grand Hyatt opening their doors in Music City. More than 90 new hotels have been constructed in Nashville since 2013, contributing more than 14,000 rooms to the city’s accommodation offerings, according to […]

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These are the 50 most effective resorts in the planet
World

These are the 50 most effective resorts in the planet

The best resort in the world is Passalacqua, an 18th century villa on the edge of Italy’s Lake Como.     That’s in accordance to the 50 Finest business, which introduced the outcomes of “The World’s 50 Ideal Resorts” in London on Tuesday. The villa resort is the former house of composer Vincenzo Bellini and sits […]

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