Hotel Dive

1 week ago | hoteldive.com | Noelle Mateer

This audio is auto-generated. Please let us know if you have feedback. Accommodations provider Sonder Holdings announced $50 million in annualized cost reductions and the sale of $18 million in Series A shares as the company finalizes its integration into Marriott International’s network, according to a Monday release. The San Francisco-based firm will reduce costs via layoffs, savings on software and “other efficiencies” in conjunction with the integration.

1 week ago | hoteldive.com | Noelle Mateer

This audio is auto-generated. Please let us know if you have feedback. Mandarin Oriental, Miami will close its doors later this month as it prepares to be demolished and redeveloped, a spokesperson for the Hong Kong-based hotel company confirmed to Hotel Dive. Some 430 employees will be laid off between May 31 and September, according to a Work Adjustment and Retraining Notice filed with Florida Commerce.

2 weeks ago | hoteldive.com | Noelle Mateer

This audio is auto-generated. Please let us know if you have feedback. AC Hotel by Marriott Savannah Historic District opened in Savannah, Georgia, Atlanta-based development and operations firm North Point Hospitality announced Thursday. The 170-room new-build hotel is the first under the AC Hotel by Marriott brand in Savannah, and its opening demonstrates North Point’s “continued focus on brand defining hotels in premium markets and locations,” President and CEO S. Jay Patel said in a statement.

2 weeks ago | hoteldive.com | Noelle Mateer

This audio is auto-generated. Please let us know if you have feedback. Aimbridge Hospitality named Michael Murray vice president of operations for Evolution Hospitality, its lifestyle division, the Plano, Texas-based firm announced Tuesday in a release obtained by Hotel Dive. Murray joined Aimbridge in 2016 as a general manager. Most recently, he was general manager of Hotel Paseo, an Autograph Collection by Marriott hotel in Palm Desert, California.

2 weeks ago | hoteldive.com | Noelle Mateer

This audio is auto-generated. Please let us know if you have feedback. When President Donald Trump’s tariffs sent markets reeling last week, travel and hospitality companies were among those impacted. The Dow Jones Hotel Index saw hotel company shares slump 6% on average the day following the tariffs’ rollout on April 2, Forbes reported. And that news followed major airline companies slashing their forecasts the month prior, also according to Forbes.