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Hyatt shares surged to $27 in early trading alongside an upswing in the broader stock market. The shares priced at $25 on Wednesday, within the expected range. Proceeds from the sale of the 38 million Class-A shares will go to the Pritzker family, which...
Tags: purchasing managers, Hyatt Hotels Corp., public offering, CBS Corp., trades higher, initial public, hotel corp, hotel chain
In a significant move, two Chennai-based banking software product companies have come together to announce a business marriage. The marriage will see Polaris Software Lab, a financial technology company promoted by Arun Jain, taking over Suresh Kamath-founded...
Tags: Analjit Singh, EIH, Oberoi, max india, hotel chain
These are some of the companies that a recent article by CNN.Money.com lists as having gone bankrupt in this unsteady economy. Phoenix Coyotes Perhaps this is the comeuppance for planting a hockey team in the desert. In May, the Phoenix...
Tags: phoenix coyotes, chapter 11, bankruptcy, million, billion, debts, assets, jim balsillie, jerry reinsdorf, hockey, team, hartmarx, brands, clothing, six flags, parks, company, established, consumers, wall street, stores, products, filenes basement, syms, travelers, recession, hotel chain, crunch gym
The hotel chain is optimistic the project will be successful. The Tallinn-based hotel chain Uniquestay Hotels has recently expanded its business by remarketing its existing hotels and opening a new country club, the Vihula Manor. The recently renovated...
Tags: chain, hotel chain