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Hyatt Hotels said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted global travel by keeping people indoors. Hyatt said it had also cut pay for senior management, board members and all employees in corporate offices as part of a restructuring, adding …
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A Texas-based hotel empire begrudgingly pledged to return coronavirus aid for small businesses after the feds threatened to go after big companies that kept the money. The Ashford Group of Companies slammed the Trump administration for shifting the rules of its $659 billion Paycheck Protection Program — as it announced plans to repay the loans …
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On any other Friday evening in mid-April, “The Loopy Doopy” rooftop bar at the Conrad Hotel in Battery Park City would be abuzz with Goldman Sachs bankers wrapping bright blue blankets around their shoulders while sipping overpriced happy-hour drinks. But this year, the bar is closed, and there are no bankers checked into the luxury …
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Marriott is probing its second major data breach in just over a year — one that may have exposed personal information for millions of hotel guests, the company said. The breach — the third Marriott has reported in less than two years — potentially exposed the names, addresses, birth dates, loyalty account details and other …
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An investor is suing Sen. Richard Burr for securities fraud connected to stock sales he made after private coronavirus briefings, court papers show. Wyndham Hotels shareholder Alan Jacobson filed the lawsuit Monday in Washington, DC, federal court, alleging that the North Carolina Republican “acted as a scofflaw in a time of national crisis” by exploiting …
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After temporarily closing their doors to ward off the coronavirus, some of New York City’s largest hotel chains are already predicting a summer rebound. “The property looks forward to welcoming guests later this summer,” a Hilton spokesperson told The Post of the Hilton New York Midtown — New York’s largest hotel, with 1,878 rooms. The …
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Major hotel chains are closing en masse, for the first time in history, because of the coronavirus — prompting requests for aid from President Trump.