YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The owner of more than 100 Marriott hotel properties is claiming the company is behind on payments.
The Service Properties Trust yesterday issued a letter to Marriott International seeking an $11 million advance to cover the payment shortfall.
Service Properties officials say Marriott is bound to pay a minimum return of $194.6 million annually through 2035 under the contract.
Read more from Fox Business.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Banker pleads guilty to fraud scheme
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Caterpillar to acquire John Fabick Tractor Co.
Eric Schmitt introduces Modern Skies Act
Springfield airport to cut the ribbon on $35M in construction projects