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IHG Honors Servicemembers With Rewards Points

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WHY IT RATES: IHG is marking the 10th anniversary of IHG Army Hotels by giving away 1,000,000 IHG Rewards Club points to servicemembers. —Janeen Christoff, TravelPulse Senior Writer


IHG (InterContinental Hotels Group) is celebrating hospitality for heroes this November in honor of Veterans Day and National Veterans and Military Families Month.

As part of the campaign, IHG will mark the 10th anniversary of IHG Army Hotels–a unique portfolio of hotels located on 40 U.S. military installations in the U.S. and Puerto Rico, which provide services and amenities tailored to meet the needs of military travel.

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IHG Army Hotels are now inviting eligible fans to nominate an important service member in their lives, including active duty, retired or veteran, during a new hospitality for heroes sweepstakes.

To enter the sweepstakes on Instagram, simply follow @IHGArmyHotels, post a photo and caption of the member of the military recognizing them for their service, tag @IHGArmyHotels and include the hashtags #sweepstakes, #ihgah10, and #hospitalityforheroes.

Fans can also enter by emailing a photo and caption directly to IHGAHSweepstakes@ihg.com. IHG will select five winners to win 200,000-IHG® Rewards Club-points at random once the sweepstakes ends November 15, 2019.

Chuck Sourbeer, IHG’s Head of Operations, IHG Army Hotels, said: “At our military hotels, we are proud to serve those who have served, and we recognize the sacrifice that those in uniform and their families make every day. We hope this sweepstakes encourages travelers to celebrate the special military member in their lives and possibly win IHG Rewards Club points they can use to take their hero on an exciting trip, or simply travel to visit them.”

In addition to providing true hospitality on-post, IHG offers the IHG Military Appreciation Leisure Rate–a military discount for U.S. and Canadian active duty, veterans, retired military personnel and family members at participating IHG hotels across the U.S., Canada, Mexico, Latin America and the Caribbean. From luxurious Caribbean resorts to family-friendly suites situated near popular theme parks, IHG has a hotel brand to suit every budget and lifestyle.

IHG also supports veterans through its IHG Veterans Hiring initiative, which offers comprehensive job listings across IHG corporate offices, IHG Army Hotels and at IHG-branded hotels around the globe. Designed as a resource that is easy to navigate, the hospitality career portal encourages veterans to put their passion to work.

Elie Maalouf, chief executive officer, Americas, said: “Everyday, thousands of members of the military and their families choose to stay at an IHG-branded hotel. No matter where their journey takes them, we thank them for their service and are honored to continue to support them on-post through IHG Army Hotels, off-post at one of nearly 5,800 IHG hotels worldwide and through our longstanding focus on connecting veterans with careers in the hospitality industry.”

A Legacy of Service

Established under the U.S. Army’s Privatization of Army Lodging (PAL) Program, IHG Army Hotels includes IHG as the exclusive hotel operator and manager and Lendlease as the owner and developer. IHG Army Hotels features IHG’s well-known and well-loved brands such as Holiday Inn Express, Candlewood Suites and Staybridge Suites®. The portfolio also includes a group of on-post historic buildings converted to hotel accommodations – the Historia Collection.

IHG Army Hotels properties offer traditional conveniences, as well as unique amenities specifically designed for military travelers–such as daily complimentary breakfast and weekly socials across all properties, courtesy shuttle service and pet-friendly accommodations. Additionally, all guests staying at IHG Army Hotels can earn IHG Rewards Club points to redeem toward a future stay at any one of IHG’s hotels worldwide.

Colleagues at IHG Army Hotels often have decades of experience on-post, including former employees of U.S. Army Lodging, military spouses, veterans and retired military personnel. This extensive knowledge of the military lifestyle has proven essential for hotel colleagues in delivering an outstanding guest experience as part of IHG’s family of brands.

Over the last decade, IHG Army Hotels properties have reinvested in the local military communities they serve. Collectively, properties have donated more than $740,000 toward the Fisher House Foundation, which builds comfort homes where military and veterans’ families can stay free of charge while a loved one is in the hospital. Additionally, IHG Army Hotels supports various U.S. Army Family and Morale, Welfare and Recreation (MWR) programs throughout the year.


SOURCE: IHG press release.

This post was published by our news partner: TravelPulse.com | Article Source

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MGM Resorts Addresses Effects of COVID-19 and Near-Term Plans

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A statement just released by MGM Resorts International sheds light on the company’s current status and the ways in which it’s maneuvering to mitigate fiscal damages being inflicted by the COVID-19 pandemic.

All operations at MGM’s domestic hotel and casino properties have been suspended since March 16, 2020. “At MGM Resorts, we are committed to doing our part to mitigate the spread of COVID-19, including the closure of our properties across the United States,” said Bill Hornbuckle, Acting CEO and President of MGM Resorts.

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“While this will undoubtedly have a significant negative effect on our business in the near-term, we are well-positioned to emerge from the current crisis in light of our strong liquidity position and valuable asset portfolio. We are currently making very difficult decisions, but believe these will be in the best interest of the Company long-term.”

As of March 26, 2020, MGM Resorts Domestic Operations reported liquidity balances of approximately $3.9 billion, including $1.5 billion drawn under its revolving credit facility.

The other good news is that MGM’s figures for domestic business performance during the first two months of 2020 were strong: $1.3 billion, up significantly from the $27 million seen in the same period in 2019. Of course, in March, the company incurred substantial operating losses due to the escalation of the coronavirus public health emergency, but MGM says that it’s swiftly implementing policies to “significantly reduce expenses to protect its financial position.”

The company estimated that between 60 and 70 percent of its domestic operating expenses are variable, and is leveraging means of minimizing these costs, including implementing hiring freezes, furloughs and other headcount reductions. “Most of our employees are either working from home or have been put on furlough,” Hornbuckle disclosed in an online video message addressed to MGM team members.

MGM said that it’s also reviewing fixed operating expenses and corporate expenditures to identify further opportunities for cost-cutting. In addition, “the Company is evaluating all capital spend projects and expects to defer at least 33 percent of planned 2020 domestic capital expenditures.”

By proactively and carefully managing its expenses and other cashflow items, monitoring its balance sheet and fully drawing its revolving credit facility, MGM Resorts remains confident that it will successfully, “weather this downturn and ultimately rebound from the impacts of the current crisis.”

For more information, visit mgmresorts.com.

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