New Hyatt Caption Brand For Millennials Who Like Tiny Rooms [First Hotel Opening in Memphis]

May 02 2022

The very first Caption by Hyatt, the Caption by Hyatt Beale Street Memphis, will open this summer as a category 3 redemption. Additional properties are planned in Shanghai, Osaka, Tokyo and Saigon.

Since the brand was launched, Hyatt has opened its first tommie hotels as well. And I’m not sure I understand how the concepts are really supposed to be different. Hopefully seeing a Caption property open will help explain this.

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JetBlue Doubled Down On Stupid With Higher Cost Offer For Spirit Airlines

jetblue
May 02 2022

Spirit’s rejection was a gift to JetBlue which was already offering to overpay for Spirit. The “winner’s curse” was in effect, Since the market knows what Spirit is worth, in order to ‘win’ JetBlue was having to overpay. And indeed, Spirit is worth less to JetBlue than it is to Frontier.

JetBlue’s revised offer, unfortunately for their shareholders, was the same amount of money while extracting less value from the deal.

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