Three hotel chiefs were awarded $36 million or more. One saw his pay effectively go negative. And a fourth turned down his bonus. Welcome to the eye-catching world of CEO pay.
A company-wide AI rollout is rare in hospitality because hotel data is fragmented. Hyatt spent two years fixing that. Now comes the harder part: proving it works.
Accor opened its 800th hotel in China and plans to add 800 more in five to six years, focusing on midscale and premium brands. Plus, more hotel deal and development news.
Hotels that cut fossil fuels can lower operating costs and risk and even improve guest comfort, but the industry still treats decarbonization as optional, too expensive, confusing, and hard to compare or find.