Hilton CEO Christopher Nassetta was awarded $56.8 million in pay last year, more than CEOs at rival hotel operators Marriott, Hyatt, Wyndham, Choice, IHG, and Accor, according to recent SEC filings.
Hilton CEO Christopher Nassetta was awarded $56.8 million in pay last year, more than CEOs at rival hotel operators Marriott, Hyatt, Wyndham, Choice, IHG, and Accor, according to recent SEC filings.
Skift Global Forum, happening September 17-19 in New York City, is set to be a transformative event for both the travel industry as a whole, and the sectors within. That of course includes the giant that is hospitality. This year’s forum features an exceptional lineup of speakers from the sector, including CEOs from Marriott International, Wyndham Hotels & Resorts, MGM Resorts International, and the founder of Newfoundland’s iconic Fogo Island Inn. These industry luminaries will share their insights, strategies, and visions for the future of lodging in a rapidly evolving landscape.
Good morning from Skift. It’s Tuesday, June 4. Here’s what you need to know about the business of travel today.
Wyndham’s top boss wants to shed his hotel group’s reputation for focusing on economy hotels in the U.S. through a strategy to expand worldwide and offer brands that range from economy to luxury.
Choice Hotels International said the organic growth of its development pipeline is healthy despite claims it has recently relied on growth by acquisitions instead.
Good morning from Skift. It’s Wednesday, February 22. Here’s what you need to know about the business of travel today.
Rob Goldstein, CEO and chairman of Las Vegas Sands Corp., was last year’s best-compensated public hotel company CEO, collecting $40 million. The second-most was Patrick Pacious, president and CEO of Choice Hotels International, who earned $27 million in total compensation.
Wyndham Hotels & Resorts reported on Thursday that it saw weaker profitability in the second quarter. The operator of hotels with about 851,500 rooms worldwide faced tough year-over-year comparisons. Its portfolio skews toward affordable roadside hotels, which benefited especially strongly in the immediate months of the pandemic easing.
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