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Marriott International is aggressively signing up property managers for its Homes & Villas business, charging 15 percent commission on most stays, and barring property managers from working with Hyatt and Hilton, Skift has learned. The global lodging chain is even readying an employee discount program for stays at these properties.
Marriott for months has been signing up property managers. Vacasa and its new sister brand Turnkey as well as Natural Retreats are three of the more widely used management companies on Homes & Villas.
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The Travel and Meetings Society is preparing to launch a free global incubator program for early- to mid-stage travel startups to help entrepreneurs further their business models and ready them for investments, leaders of the organization s incubator team told BTN.
TAMS plans to open applications in May for the program s inaugural six-month cycle, so we can kick off in July and complete a full cycle in 2021, said program co-founder and co-leader Hansini Sharma, corporate travel practice lead at Acquis Consulting Group. We re looking to accept five or six companies [for the first round]. We want to keep it small and then scale up over time. We want to make sure companies are getting the attention they need and valuable use of time.
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
The gold is starting to lose its shine, as Donald Trump steps out of the presidential limelight and faces repercussions after the breach of the U.S. Capitol by his supporters.
The hotelier was caught up in multiple scandals during his time in office. This time, the blowback will severely impact his hospitality businesses, according to experts. It’s a blowback that will likely spread further than political donations and stumbling blocks to sell a Washington, D.C. property.
This month, several organizations have spoken up.
For Donald Trump, the cost of an incendiary presidential career started adding up on Day One: Macy’s department stores stopped selling his menswear collection after he called Mexican immigrants “rapists” during his first campaign event.
A few months later, after Trump called for a “total and complete shutdown” of Muslims entering the United States, he lost another partner, a Dubai company that had a license to sell Trump furniture in the Middle East, Africa and India.
Since then, his outrageous comments and controversial presidential actions have lost his business empire a slate of lucrative partners and investors.
In the wake of the deadly Jan. 6 riots by Trump supporters that led to a second impeachment, a fresh wave of businesses have canceled partnerships and contracts with Trump, tarnishing a once-lucrative brand so badly that hospitality experts and brand reputation consultants say it may never recover.