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Marriott Scales Back 2025 Revenue Forecast Amid Government Spending Cuts

2025-05-07 18:52:46| Hotel Resource

According to Reuters, Marriott International has reduced its full&year room revenue forecast due to uncertainties caused by tariffs and federal spending cuts under President Donald Trump's administration, resulting in decreased demand.


Category: Hospitality

 

LATEST NEWS

Mercure Rockhampton Hotel in Queensland and Adjoining Land Listed for Sale

2025-05-07 18:19:09| Hotel Resource

Due to increasing interest in regional Queensland investment opportunities, the Mercure Rockhampton hotel and an adjoining development site will be listed for sale later this month. CBRE Hotels, on behalf of Fifty Group, is managing the sale.


Category: Hospitality

 

HVS Asset & Hotel Management Renews Contract for Woodmark Hotel & Still Spa in Kirkland, Washington

2025-05-07 18:14:48| Hotel Resource

HVS Asset & Hotel Management announced the renewal of its hotel&management agreement with the Woodmark Hotel & Still Spa. This assignment continues HVSs operation of the property since 2022.


Category: Hospitality

 

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