Thomas Pritzker, cousin of Illinois governor, steps down as head of Hyatt due to ties with Jeffrey Epstein

Billionaire Thomas Pritzker will be stepping down as executive chairman of Hyatt Hotels and will not be seeking reelection for the position over his ties to convicted sex offender Jeffrey Epstein, he announced on Monday.

From Hyatt to Holiday Inn, America's free hotel breakfast is facing a K-shaped economic threat

Free breakfast is a staple of the hospitality industry, but from Hyatt to Holiday Inn and Marriott, the economics and hotel business models are changing.