Then we will take a look at the lenders’ ability to access sufficient fairness capital, debt capital, and operating grants to serve this market. We will talk about some of the capacity constructing resources obtainable to minority-owned businesses and leave plenty of time for dialogue so that attendees can share their experiences and solutions. Kurt Summers, Treasurer of the City of Chicago, kicked us off with personal tales of the … Read More
The Travel Corporation (TTC) has announced the restructuring of its American salesforce representing its premium and luxury brands under a single entity, The Velvet Collection. Including Red Carnation Hotel Collection, Uniworld Boutique River Cruises, Insight Vacations, Luxury Gold and African Travel, the goal of the Velvet Collection is to have one sales team as one resource of cross-trained TTC professionals across its premium brands to
Hyatt Hotels Corporation (H) shares had been largely outpacing the broader market over the last several years. Then the coronavirus brought the entire travel and leisure industry to as close to a complete halt as possible.
Even as the economy starts to turn around and consumer spending bounces back, the hotel and travel industry remains largely devastated, for now.
Hyatt’s first quarter revenue fell 20%, as the virus didn’t