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Since its 2021 acquisition of Red Lion Hotels Corporation, Sonesta International Hotels Corporation (Sonesta) has been busy coalescing brands, properties and strategy in a process that Sonesta Exec
Elate Group, Inc. (ELGP) expects to raise $5 million in an initial public offering (IPO) on Friday, November 10th, IPO Scoop reports. The company will be issuing 1,250,000 shares at a price of $4.00 per share. In the last 12 months, Elate Group, Inc. generated $4.9 million in revenue and $440,000 in net income. The […]
Today’s podcast looks at Southwest’s holiday fiasco financial hit, Airbnb and Google competition in Europe, and Sonesta’s brand additions.
Hotel company Sonesta on Tuesday said it would launch a new brand, Sonesta Essential, and that it had relaunched a brand, The James.
Sonesta International Hotels Corporation (Sonesta), one of the fastest-growing hotel companies in the U.S., today announced an investment in four boutique and lifestyle hotels in New York City. The hotels are all located in Midtown and were formerly known as The Benjamin, The Shelburne Hotel & Suites, the Gardens Suites Hotel and the Fifty Hotel & Suites. Each hotel will be rebranded under Sonesta’s portfolio of dynamic brands and operate as The Benjamin Royal Sonesta New York, The Shelburne Sonesta New York, The Gardens Sonesta ES Suites New York and The Fifty Sonesta Select New Yor...