Hotels

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Marriott’s Data Breach and 7 Other Hospitality Trends This Week

Marriott’s Data Breach and 7 Other Hospitality Trends This Week

Sarah Enelow-Snyder, Skift

This week in hospitality, Marriott revealed a gargantuan security breach involving 500 million Starwood guests. And, as Airbnb continues on its path to going public, the company hired a longtime Amazon executive as its new chief financial officer.

1 week ago

Hotelier Ian Schrager Thinks Co-Living Is the Future of Hospitality

Hotelier Ian Schrager Thinks Co-Living Is the Future of Hospitality

Benjamin Solomon, Bloomberg

Here at Skift, we've been preaching this word for awhile now. Can we say we told you so?

1 week ago

Loyalty Points Were Also a Target in Marriott Hack

Loyalty Points Were Also a Target in Marriott Hack

Jenny Surane and Katherine Chiglinsky, Bloomberg

We look forward to reading complaints in points message boards by hackers to dissatisfied with Marriott's new redemption structure.

1 week ago

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CEO Interview: How AccorHotels Is Rethinking Its Food and Beverage Strategy

CEO Interview: How AccorHotels Is Rethinking Its Food and Beverage Strategy

AccorHotels + Skift

From the simplest inn to the fanciest five-star resort, hotels are adding food and beverage concepts to their amenity offerings. Not only are these designed to make money, but they’re expected to attract locals and create social media buzz.

3 weeks ago

Marriott’s Starwood Data Breach Joins a Decade-Long List of Hotel Data Exposures

Marriott’s Starwood Data Breach Joins a Decade-Long List of Hotel Data Exposures

Sean O'Neill, Skift

Several years ago, the hotel industry fought U.S. federal watchdog efforts to fine chains for negligent data protection practices, arguing that hotels had things under control. Hmm. A rash of hotel security incidents since then undercuts the claims of hotels, which need to take a more bank-like approach to data protection.

2 weeks ago

Marriott Data Breach Does Little to Rattle Already Weary Loyalty Members

Marriott Data Breach Does Little to Rattle Already Weary Loyalty Members

Grant Martin, Skift

Loyalty members don't seem to be too bothered by Marriott's recent breach of more than 500 million users' personal data. Part of that could be low expectations for Marriott, or because this isn't the first data breach rodeo for many.

2 weeks ago

What Marriott’s Data Breach Means for the Hotel Giant and Guests

What Marriott’s Data Breach Means for the Hotel Giant and Guests

Deanna Ting, Skift

Starwood Preferred Guest elite members thought that not getting full stay credits would be the absolute worst of this mega-merger.

2 weeks ago

Marriott Says Hackers Breached Data on 500 Million Starwood Guests

Marriott Says Hackers Breached Data on 500 Million Starwood Guests

Giles Turner and Sree Vidya Bhaktavatsalam, Bloomberg

The hotelier acquired Starwood brands in 2016 for $14 billion but it seems like since 2014 hackers were accessing data in guest reservation systems on millions of guests, including some passport numbers and credit card information. Will this be yet another setback for the broader industry effort to persuade consumers to share information in exchange for better service?

2 weeks ago

Club Med Owner Fosun Looks to Raise $548 Million in Hong Kong IPO

Club Med Owner Fosun Looks to Raise $548 Million in Hong Kong IPO

Crystal Tse and Jinshan Hong, Bloomberg

Hong Kong's IPO market is on a tear this year, and Fosun wants to grab a piece of that investor enthusiasm by spinning out its tourism group. It's been three years since Fosun took over Club Med, and the turnaround plan seems to be on track.

2 weeks ago

Dubai’s Hotel Market Is Saturated, Says Developer Looking Elsewhere Now

Dubai’s Hotel Market Is Saturated, Says Developer Looking Elsewhere Now

Zainab Fattah and Manus Cranny, Bloomberg

Build it and they will come had been Dubai's mantra forever. But oversupply has caught up with the city whose economy is still seeing the impact of lower oil prices. Billionaire hotel developer Khalaf Al Habtoor can't stomach the resulting lower room rates so he's moving his cranes to other projects now.

2 weeks ago

U.S. Hotel Occupancy Projected to Hit New Record in 2019 Despite Recent Softness

U.S. Hotel Occupancy Projected to Hit New Record in 2019 Despite Recent Softness

Deanna Ting, Skift

Bottom line for hotels? They haven't hit the top in terms of growth just yet, and probably won't for at least another year or two.

2 weeks ago

AccorHotels Wants to Buy Out Its Largest Eastern European Franchisee

AccorHotels Wants to Buy Out Its Largest Eastern European Franchisee

Deanna Ting, Skift

Why go asset light when you can be asset right, or get into "active asset management" as AccorHotels likes to call it?

2 weeks ago