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Marriott enters into long-term licensing agreement with Sonder

Hotel Business

“We are excited about the addition of Sonder’s portfolio to our system, which will expand our portfolio of longer-stay accommodations in key markets around the world,” said Tim Grisius, global officer, M&A, business development and real estate, Marriott International.

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What does the interest-rate cut mean for hoteliers?

Hotel Business

“The recent 50-basis-point rate cut is a boost for the market, exceeding expectations with the Federal Reserve also signaling further significant cuts in Q3 and Q4 of 2024, as well as in 2025 and 2026,” said Dennis S. Hopefully, the Fed will continue to make incremental rate cuts, which will enhance investor confidence as we head into 2025.”

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Sonder inks licensing agreement with Marriott

Serviced Apartments

A full integration is expected in 2025. “We’re More than 9,000 live Sonder units are expected to join Marriott’s portfolio by the end of 2024, with approximately 1,500 units anticipated to join its system in the future.

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Earth Day action: Sustainability in hospitality and real estate

Boutique Hotel News

Craig Bryant, strategy and business development director, Fresh : “Within the business, we have some key corporate objectives under our Future Foundations platform, which is divided into three areas: planet, places and people. Initiatives such as the Glasgow Declaration and the Future of Tourism coalition aim to do just that.”

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Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

While they have been influential in driving growth and business development within their own respective organisations, their voices will no doubt shape the direction of the short-term rental industry moving forward. This skill will be paramount in O’Keefe’s new role as she builds new partnerships and continues to nurture existing ones.

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MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

Franchisees must be willing to sign single or multi-unit development agreement of no less than three stores within two years. Taco Bell committed to making all consumer-facing packaging recyclable, compostable or reusable by 2025 worldwide. Best of all, we got all of that at an affordable price. Taco Bell's 2020 Commitments.

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Tops in Global Cuisine and Tips for Tots

Modern Restaurant Management

Taylor will oversee Revolution’s Marketing, Sales, and Business Development operations and spearhead the company’s new Account Management strategy. Taylor brings deep experience in restaurant off-premise ordering and extensive executive leadership experience in both startup and growth-oriented businesses. Rob Taylor.

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