GMH Hotels: Hyatt’s $1B Sale, Marriott & Sonder, Sober Travel Trends

In this episode, we explore the major sale of Hyatt Regency Orlando for over $1 billion, marking the largest single-asset sale in Hyatt's history, as part of Hyatt’s strategy to shift towards an asset-light model. We also discuss Marriott International's new long-term licensing agreement with Sonder Inc., which will add over 9,000 rooms to Marriott’s portfolio, and the growing “sober travel” trend driven by Gen-Z and wellness-focused travelers, with more hotels and airlines embracing non-alcoholic beverage options. Tune in for insights on these significant developments shaping the hospitality industry with the one and only Sarah Dandashy & Steve Turk! — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts! This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live! Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!