Sonesta

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Portnoy’s lack of complaint

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If you’re a brand company which has management or franchise agreements with a Reit  - and that’s a fair few, given that Reits aren’t allowed to get into putting the mint on the pillow game themselves - you will have been watching SVC’s antics with a quickly-beating heart.

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    Pandemic
    Service Properties Trust has received a notice of termination from Hyatt with respect to the management agreement for 22 Hyatt Place hotels owned by subsidiaries of SVC.
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    Video - In Focus
    Alexi Khajvai joins us this week with Elaine Simon, Senior Managing Editor for Hotel Management to discuss the big news in the USA as "Trump leaves under a dark cloud", what will this mean for hoteliers? Will a Biden presidency be good for brand USA? And what impact will it have on international tourism? Brands beware: "Watch out here they come" as Sonesta racks up 1200 hotels, 13 brands and "a pretty powerful franchise platform". Alexi and Elaine also discuss the latest developments from the creative Process C-19 initiative and we hear from Julie Rey-Gore who sat down with Paul Pisani, Senior Vice President of Hotel Development at Corinthia Hotels, to discuss the developments they have in the pipeline and what luxury means in 2021.