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Hotel Company News

Adagio Announce Ambitious Expansion Plans

Adagio Announce Ambitious Expansion Plans

🕔 Jun 1, 2020

Adagio is set to double its number of aparthotels by 2023. Despite a challenging 2020, the brands good economic health pre-COVID-19 and strong growth and performance in recent years has safeguarded its expansion plans.

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Corporate Finance News

Statement on Marriott International COVID-19 Update to Associates

Statement on Marriott International COVID-19 Update to Associates

🕔 Jun 1, 2020

The COVID-19 pandemic is having a more severe and sustained financial impact on Marriott business than 9/11 and the 2008 financial crisis, combined. From the first warning signs of this unprecedented event, the company took a number of steps to adapt and strengthen its business including reducing costs significantly and improving its liquidity.

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