Skip to content

Search

Latest Stories

Marriott pledges to employ over 3,000 refugees by 2026

The company launches careers site for refugee job opportunities in the U.S.

Marriott pledges to employ over 3,000 refugees by 2026

In honor of World Refugee Day, Marriott International has pledged to hire over 1,500 refugees in Europe by 2026. This is in addition to the company’s commitment to employ the same number of refugees by 2025 in the U.S., Marriott said in a statement.

“At Marriott International, we believe in being a force for good and making a positive and sustainable impact in the communities where we do business,” said Anthony Capuano, president/CEO of Marriott, during the Tent Partnership for Refugees European Business Summit this week. “Across Europe, this has included support for refugees from Ukraine since the start of the war. Our focus on creating job opportunities has already led to over 970 refugees hired across dozens of our hotels in the European region. Marriott’s goal to hire an additional 1,500 refugees in Europe builds on the work we’re doing to promote opportunities for refugees in the U.S. and highlights our steadfast commitment to put people first and provide economic opportunity for refugees and underrepresented populations.”


According to the statement, Marriott has embraced a culture of inclusivity, welcoming guests and associates worldwide for over 96 years. “With a strong focus on skills development and training, the company empowers refugees to build a brighter future for themselves, their families, and their communities. Marriott is offering support to recently resettled refugee employees, including on-site translators, prayer rooms, and help with navigating public transportation. To further their commitment, Marriott has launched a careers site to showcase job opportunities for refugees in the U.S.”

Marriott remains committed to its partnership with the International Rescue Committee in training and employing refugees,” the statement said. “Since 2016, the company’s support has enabled the IRC to train close to 1,000 refugees in hospitality and workforce skills through initiatives like the Hospitality Link program. This year, Marriott is extending its support to the IRC's Hospitality Link program in Tucson, AZ, and Denver. The company will also assist in enhancing training for IRC economic empowerment staff to develop effective job readiness programs for refugee clients.”

Meanwhile, Marriott recently announced plans for expanding in the affordable midscale lodging segment with a new extended-stay brand referred to as Project MidX Studios. MidX is intended to operate in the U.S. and Canada.

More for you

Report: Global RevPAR to rise 3–5 percent in 2025

Report: Global RevPAR to rise 3–5 percent in 2025

Summary:

  • Global hotel RevPAR is projected to grow 3 to 5 percent in 2025, JLL reports.
  • Hotel RevPAR rose 4 percent in 2024, with demand at 4.8 billion room nights.
  • London, New York and Tokyo are expected to lead investor interest in 2025.

GLOBAL HOTEL REVPAR is projected to grow 3 to 5 percent in 2025, with investment volume up 15 to 25 percent, driven by loan maturities, deferred capital spending and private equity fund expirations, according to JLL. Leisure travel is expected to decline as consumer savings tighten, while group, corporate and international travel increase, supporting RevPAR growth.

Keep ReadingShow less
Trump reviewing 55 million us visas
Getty Images

Trump reviewing 55 million visas

Summary:

  • The Trump administration says it is reviewing more than 55 million visa holders.
  • Reviews cover a wide range of visas for law enforcement and overstay violations.
  • The administration also suspended worker visas for foreign commercial truck drivers.

THE TRUMP ADMINISTRATION is reviewing more than 55 million people who hold valid U.S. visas for potential violations. It is expanding a policy of “continuous vetting” that could result in revocation and deportation.

Keep ReadingShow less
Peachtree Funds Rio Las Vegas Renovations | $176M CPACE Loan
Photo credit: Hyatt Hotels Corp.

Peachtree originates retroactive CPACE loan for Rio Vegas

Summary:

  • Peachtree Group originated a $176.5 million retroactive CPACE loan for a Las Vegas property.
  • The deal closed in under 60 days and ranks among the largest CPACE financings in the U.S.
  • The company promotes retroactive CPACE funding for commercial real estate development.

PEACHTREE GROUP ORIGINATED a $176.5 million retroactive Commercial Property Assessed Clean Energy loan for Dreamscape Cos.’s Rio Hotel & Casino in Las Vegas. The deal, completed in under 60 days, is its largest credit transaction and one of the largest CPACE financings in the U.S.

Keep ReadingShow less
Spark Acquires Home2 Suites Wayne, New Jersey
Photo Credit: Hunter Hotels

Spark acquires Wayne, N.J., Home2 Suites

Summary:

  • Spark acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey.
  • Hunter Hotel Advisors facilitated the transaction with DC Hospitality Group affiliates.
  • The 2020-built hotel is near William Paterson University and less than 20 miles from Manhattan.

SPARK GHC RECENTLY acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey, from affiliates of DC Hospitality Group. Hunter Hotel Advisors facilitated the deal for an undisclosed amount.

Keep ReadingShow less
Global hotel construction pipeline reaches record 15,871 projects in Q2 2025, with U.S. and Dallas leading growth
Photo Credit: iStock

Report: Global pipeline hits 15,871 projects

Summary:

  • Global pipeline hit a record 15,871 projects with 2.4 million rooms in Q2.
  • The U.S. leads with 6,280 projects; Dallas tops cities with 199.
  • Nearly 2,900 hotels are expected to open worldwide by the end of 2025.

THE GLOBAL HOTEL pipeline reached 15,871 projects, up 3 percent year-over-year, and 2,436,225 rooms, up 2 percent, according to Lodging Econometrics. Most were upper midscale and upscale, LE reported.

Keep ReadingShow less