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Global Hyatt changes name to Hyatt Hotels

From AP News | 2009-07-02 18:54:42

Hotel and resort company Global Hyatt changes name to Hyatt Hotels

Global Hyatt Corp., the privately held hotel and resort company, said Thursday it has changed its name to Hyatt Hotels Corp. The renamed Hyatt Hotels is the parent of companies that own, operate, manage and franchise hotels, resorts and timeshare properties. Based in Chicago, its brands include Hyatt, Andaz ...

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Hotel stocks trade mixed after sector downgrade

From AP News | 2009-07-01 18:47:20

Hotel stocks trade mixed after bearish forecast and sector downgrade by Barclays analyst

Hotel companies' shares were mixed on Wednesday afternoon after a Barclays Capital analyst, calling herself "extremely bearish," downgraded the lodging sector and said an industry recovery is likely to lag far behind an economic recovery. Barclays analyst Felicia Hendrix lowered the sector to a "Negative" rating from ...

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WOES FOR A HOTELIER

From BusinessWeek | 2009-06-25 16:01:46

WOES FOR A HOTELIER

There's not much comfy about the hotel business these days. The downturn has brought a bust in corporate travel and the rise of the dreaded "staycation" as folks stick close to home. The latest victim: Extended Stay Hotels, a chain with 680-plus properties where the average stay runs 18 to 20 nights. The chain filed ...

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Extended Stay Hotels Files For Bankruptcy

From Getty Images | 2009-06-16 00:00:37

Extended Stay Hotels Files For Bankruptcy

SAN RAFAEL, CA - JUNE 15: The logo for the Extended Stay hotel is on display of one of its hotels on June 15, 2009 in San Rafael, California. Struggling hotel chain, Extended Stay Hotels, filed for Chapter 11 protection listing ...

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Even with Scott Air Force Base's own 400-room Scott Inn, the military installation will send an overflow of 40,000 room nights to area hotels this...

Group 'innocent of Corfu damage'

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