Hotel chain Marriott enjoyed a positive quarter thanks to a jump in overseas travel. The company on Thursday (Nov. 2) posted quarterly earnings showing an 8.8% increase in revenue per available room (RevPAR), including a 22% jump in RevPAR for international properties, particularly in the Asia/Pacific (APAC) region. Speaking...
This summer has brought a travel boom. Just not in the way airlines might have expected. As Bloomberg News reported Thursday (Aug. 3), travelers seem to want to take international trips, which has left domestic airlines slashing prices and feeling strained, with JetBlue lowering its outlook for the year, and...
America’s hoteliers are projecting a busy year despite rising prices for travel and dining. That’s according to a Sunday (Feb. 19) report by The Wall Street Journal, citing recent comments from hotel chain executives. “It is abundantly clear that people love to travel,” Marriott CEO...
Today in the connected economy, hotel chain Marriott joins forces with Yahoo to launch a media network that lets advertisers reach guests with targeted commercials. Plus, Uber unveils several new ridesharing features, and Plaid partners with VGS to provide tokenization services. Marriott Launches Media Network...
January 28, 2020
Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Bank runs. Trade wars. And now, most recently, the coronavirus pandemic that, at this writing, has spread to 18 countries across the globe, spanning Asia, Europe and North America. The death toll is on […]
December 31, 2019
It’s the list no one likes to be on. It’s kind of like being on the “worst dressed list” except that we’re talking about stolen data and, probably, lots of...
December 04, 2018
Let’s try this a different way, if only to make a vital point with insincerity. We must give credit to the criminals who engineered the recently disclosed data breach that...
November 02, 2023
Hotel chain Marriott enjoyed a positive quarter thanks to a jump in overseas travel. The company on Thursday (Nov. 2) posted quarterly earnings showing an 8.8% increase in revenue per available room (RevPAR), including a 22% jump in RevPAR for international properties, particularly in the Asia/Pacific (APAC) region. Speaking during an earnings call, Marriott Chief Financial Officer Leeny Orberg noted the […]
August 03, 2023
This summer has brought a travel boom. Just not in the way airlines might have expected. As Bloomberg News reported Thursday (Aug. 3), travelers seem to want to take international trips, which has...
February 19, 2023
America’s hoteliers are projecting a busy year despite rising prices for travel and dining. That’s according to a Sunday (Feb. 19) report by The Wall Street Journal, citing recent comments...
May 16, 2022
Marriott has joined forces with Yahoo to launch a media network that lets advertisers target consumers using guest data. As The Wall Street Journal (WSJ) reported Monday (May 16), the...
