Hotels & Resorts

Marriott Declares 73-Cent Quarterly Dividend Payable Dec. 31

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Marriott Declares 73-Cent Quarterly Dividend Payable Dec. 31

Bethesda – November 05, 2026 -- Marriott International, Inc. (Nasdaq: MAR) said its board of directors declared a quarterly cash dividend of 73 cents per share of common stock.

Marriott's portfolio spans 10,200 properties in 148 countries and territories

The dividend comes from a lodging portfolio of more than 10,200 properties across 148 countries and territories as of September 30, 2026. The portfolio covers luxury, premium, select, midscale, extended stay and all-inclusive brands. Marriott franchises, operates and licenses hotel, residential, timeshare, yacht and outdoor lodging products, and runs its travel platform, Marriott Bonvoy.

Shareholders of record on November 19 receive payment on December 31

The dividend is payable on December 31, 2026, to shareholders of record as of the close of business on November 19, 2026.

Wynn Resorts Q3 Profit Falls to $17.3M as Revenue Drops $144.7M

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Wynn Resorts Q3 Profit Falls to $17.3M as Revenue Drops $144.7M

LAS VEGAS – November 05, 2026 -- Wynn Resorts, Limited (NASDAQ: WYNN) reported third-quarter 2026 net income attributable to the company of $17.3 million, down from $88.3 million a year earlier, as operating revenues fell $144.7 million to $1.69 billion from $1.83 billion.

Diluted earnings per share were $0.17, against $0.85 in the third quarter of 2025. Adjusted net income was $33.9 million, or $0.33 per diluted share, compared with $88.7 million, or $0.86 per share. Adjusted Property EBITDAR dropped $105.9 million to $464.2 million from $570.1 million.

Wynn Palace and Las Vegas post the largest revenue declines

Operating revenues fell $51.7 million at Wynn Palace, $45.8 million in Las Vegas, $30.1 million at Wynn Macau and $17.1 million at Encore Boston Harbor. Adjusted Property EBITDAR declined $44.6 million in Las Vegas, $34.5 million at Wynn Palace, $18.5 million at Wynn Macau and $8.3 million in Boston.

UrVenue Opens Las Vegas HQ to Showcase Non-Gaming Revenue Tech

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UrVenue Opens Las Vegas HQ to Showcase Non-Gaming Revenue Tech

Las Vegas – September 18, 2026 -- UrVenue will open its new Las Vegas Strip headquarters on Sept. 30 to demonstrate technology aimed at driving non-gaming revenue for resort and casino operators, coinciding with an industry event expected to draw 25,000 gaming and hospitality executives to the city.

UrVenue hosts an Open House at its new Grand Canal Shoppes office from 8 a.m. to 3 p.m.

The event takes place at The Venetian Resort's Palazzo side, Level 2M, above the Waterfall Atrium. Attendees can book personally guided, 30-minute sessions in advance, with additional visits available outside Open House hours by contacting UrVenue directly.

SMARTLINEN's Ask Debbie Adds Voice AI in English, Spanish

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SMARTLINEN's Ask Debbie Adds Voice AI in English, Spanish

Miami – September 18, 2026 -- SMARTLINEN® has upgraded Ask Debbie, described as the hospitality industry's first AI linen expert, to respond to spoken questions in real time in both English and Spanish. The update lets hotel and laundry staff query operational data by voice instead of navigating reports or software screens.

Ask Debbie now answers spoken questions about inventory in real time

Staff can ask direct questions such as how many bath towels have not returned from the laundry or whether pool towel supply meets daily demand. Ask Debbie processes the query, analyzes the hotel's SMARTLINEN® data, and delivers a verbal answer in either language.

Sunset World Group Partners With ECOCE to Meet Circular Economy Law

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Sunset World Group Partners With ECOCE to Meet Circular Economy Law

Cancún, Mexico – September 18, 2026 -- Sunset World Group will launch a formal partnership with recycling non-profit ECOCE on September 18, 2026, to align its hotel operations with Mexico's Circular Economy Law.

Sunset World Group commits to circular economy standards across its hotel portfolio

The agreement targets the integration of processes that meet the principles and standards set by the Circular Economy Law, covering resource use, waste reduction, and reintroduction of materials into production cycles. Sunset World Group operates six hotels across Cancun and Playa del Carmen.

Sanctuary Camelback Resort Shifts to Local Ownership, Plans 2027 Overhaul

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Sanctuary Camelback Resort Shifts to Local Ownership, Plans 2027 Overhaul

Paradise Valley, Ariz. – – September 18, 2026 -- Sanctuary Camelback Mountain Resort & Spa has transitioned to independent local ownership under a joint partnership between Berger Holdings and RJ Hospitality, backing a multi-year, multi-million-dollar renovation across all 110 accommodations starting in Summer 2027.

New owners commit multi-year capital plan touching every guest room by September 2027

The renovation, designed by architecture firm Hart+Howerton, will refresh all 110 guest rooms and casitas beginning Summer 2027, with a target completion date of September 2027. A second phase in 2028 will focus on upgrades to the resort's culinary outlets and its Sanctuary Spa.

Wynn Resorts Prices $900M Notes to Refinance 2027 Debt

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Wynn Resorts Prices $900M Notes to Refinance 2027 Debt

Las Vegas – September 17, 2026 -- Wynn Resorts Finance, LLC and its subsidiary Wynn Resorts Capital Corp. priced $900 million in aggregate principal amount of 6.875% Senior Notes due 2035 in a private offering, Wynn Resorts, Limited (NASDAQ: WYNN) announced. Both issuers are indirect wholly-owned subsidiaries of Wynn Resorts. The offering is expected to close on or about September 17, 2026, subject to customary conditions.

Proceeds target redemption of 5.250% notes maturing 2027

Wynn Resorts Finance plans to contribute or lend the net proceeds, combined with cash on hand, to subsidiary Wynn Las Vegas, LLC. Wynn Las Vegas will use the funds to redeem in full its outstanding 5.250% Senior Notes due 2027, issued jointly with Wynn Las Vegas Capital Corp., and to cover fees and expenses tied to both the new issuance and the redemption.

Target Hospitality Closes Upsized $298M Secondary Share Sale

The Woodlands, Texas – September 17, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has closed an upsized secondary offering of 16,100,000 shares of common stock at $18.50 per share, after underwriters fully exercised their option to purchase an additional 2,100,000 shares on top of the original 14,000,000-share deal.

Selling stockholders linked to TDR Capital LLP monetize a 16.1 million-share stake

The shares were sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. At $18.50 per share, the total offering, inclusive of the upsized option, was valued at roughly $297.9 million. Target Hospitality did not sell any shares in the transaction and received no proceeds from the offering.

Mews Launches Unified POS System for US, Canada Hotels

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Mews Launches Unified POS System for US, Canada Hotels

New York – September 17, 2026 -- Mews has launched Mews POS in the United States and Canada, allowing hotels to run property management, food and beverage operations and payments on a single system. The platform, already live in more than 20 countries across Europe and APAC since its 2024 introduction, connects every order, charge and guest interaction automatically across a property.

Standalone POS systems cost hotels two hours of daily reconciliation work per property

Most point-of-sale systems on the market were built for standalone, full-service restaurants, forcing hotels to pay for complexity they do not need. Staff typically spend two hours a day manually reconciling POS, property management and accounting systems, according to Mews. Revenue losses stem from manual posting errors, missed checkouts and gaps between disconnected software APIs.

Info-Tech: Siloed Casino Systems Hide True Guest Value

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Info-Tech: Siloed Casino Systems Hide True Guest Value

Arlington, Va. – September 16, 2026 -- Casino operators are losing visibility into total player value because core systems for gaming, hospitality, and loyalty were built to process isolated transactions rather than track a single guest identity, according to a new blueprint from Info-Tech Research Group.