Disney to stop payment of 1 lakh workers to save $500 million a month :Report

Disney to stop payment of 1 lakh workers to save $500 million a month during COVID-19, Financial Times reported. Disney will give healthcare benefit to staff and has asked them to apply for benefit through US’ $2 trillion relief package .

Its theme parks and hotels have been shut across US and Europe for 5 weeks

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Castle Hotel, Autograph Collection in Orlando, Florida Sold

Waramaug Hospitality announced that it acquired the Castle Hotel, Autograph Collection, located in Orlando, Florida.

The 214-room lifestyle getaway property, part of the Autograph Collection by Marriott, offers boutique hotel rooms adorned with luxurious bedding and ample workstations, providing a seamless stay for both business and leisure travelers alike.

The property is conveniently located along International Drive moments from the Orange County Convention Center, Wheel at ICON Park, Pointe Orlando as well as Universal Orlando Resort, SeaWorld, and Walt Disney World. Universal's newest theme park, Epic Universe, currently scheduled to open in 2023, is located across the street from the hotel.

The property will continue to be managed by Schulte Hospitality Group. 

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