Sonesta wants to be in the business of licensing hotel brands rather than owning hotel buildings, just like its larger, asset-light competitors. Sonesta plans to sell 114 hotels to pivot towards a ...

Sonesta International Hotels, the eighth-largest hotel group in the U.S. by number of units, is orchestrating the sale of 114 properties in a pivot to a franchise model. CEO John Murray doesn't ...

Sonesta International Hotels Corp. has launched the first prototype for Simply Suites, its midprice extended-stay brand, the company announced this week. The prototype for the Simply Suites brand, ...

On today’s briefing we discuss Vrbo needling Airbnb with new billboards, Sonesta’s upbeat take on its opportunities, and IHG’s new net-zero hotel in the UK. Airbnb responded to Vrbo's ...

Her expertise is in personal finance and investing, and real estate. Constructive receipt is an accounting term that refers to a situation in which an individual or business is required to pay ...

The news moves fast, but understanding takes time. At Vox, we don’t chase every headline. We focus on what really matters. We break down the biggest stories — and the ones others overlook ...

The message was left on a receipt and referred to the rising tensions nationwide surrounding immigration. A server at the restaurant posted a picture of the receipt on social media and in less ...

For the second time in two weeks, DOGE's "receipts" don't match its claims. Despite doubling the number of listed contracts, the updated itemized savings now total $9.6 billion, a sharp drop from ...

MANILA, Philippines — Vice President Sara Duterte “has the obligation” to explain the questionable names found on the receipts used to justify the use of the Department of Education’s ...

Elon Musk’s government cost-cutting initiative, the Department of Government Efficiency, has been on a mission to slash spending and has recently dangled an enticing value proposition by ...

It had claimed savings on its "wall of receipts" of $16.5 billion, mainly in canceled contracts. By Tuesday, the claimed amount saved in canceled contracts was down to about $8 billion ...

Mega-billionaire Elon Musk has posted a “wall of receipts” online that he claims shows how much money he has saved taxpayers with his cost-slashing “Department of Government Efficiency ...