PGY runs an asset-light model, with most loans sold via ABS or forward flow deals. Capital is pre-raised and deployed only at origination, limiting PGY's credit exposure during market stress. This ...

Hotel turnover[1] increased 15.0% year-over-year to RMB 26.9 billion in the second quarter of 2025. Total adjusted EBITDA rose 11.3% y-o-y to RMB 2.3 billion. In line with its commitment to ...

Lennar’s profit rebound faces a hidden land-bank threat ...

Paul Tham, CFO of Singapore's CapitaLand Investment, discusses the company's recent earnings results and its shift to an asset-light business strategy. He also highlights the key areas where he sees ...

ITC Hotels' results show that as long as hotel providers offer a good product, higher room rates are not going to harm occupancy anymore. ITC Hotels signed 28 hotels in 2025, adding nearly 2,800 keys ...

Earnings Call Insights: Taylor Morrison Home Corporation (TMHC) Q3 2025 Sheryl Palmer, Chairman, President & CEO, reported, "We are pleased to report strong third quarter results despite the ...

Chen provided 2026 guidance: "we expect our Group Revenue to grow 2% to 6% year-over-year and 5% to 9% if excluding DH. And we expect our manachised and franchise revenue to grow 12% to 16% ...

A divide has opened between some of the largest, publicly traded private-markets firms as they strive to expand, with most following an “asset-light” strategy as opposed to the balance sheet-heavy ...

Hyatt Hotels Corporation (NYSE:H) said it will acquire Playa Hotels & Resorts N.V. (NASDAQ:PLYA) for $2.6 billion, which encompasses $900 million in debt and a per-share price of $13.50. Hyatt, which ...

Ever since acquiring control of Burger King Worldwide in a 2010 leveraged buyout, investment firm 3G Capital has put its stamp on the company, with a focus on capital efficiency and shareholder value.

Pagaya Technologies Ltd. PGY operates a capital-efficient model that largely avoids holding loans on its balance sheet, significantly reducing its exposure to credit risk and market volatility. This ...