Articles tagged “marriott”

Ritz-Carlton Central Park May Be Sold

Ritz-Carlton Central Park May Be Sold

Gillian Tan and Patrick Clark, Bloomberg

A nationwide slowdown in room demand has hit New York City hotels harder than most cities and the owners of Ritz-Carlton Central Park are looking for a way out.

1 week ago

Marriott CEO on Cancer Diagnosis: ‘We Are Going to Soldier On’

Marriott CEO on Cancer Diagnosis: ‘We Are Going to Soldier On’

Danni Santana, Skift

Arne Sorenson thanked all his well-wishers Friday but then got right to business. Marriott had a so-so quarter but held out great promise for its expanded homesharing business. But you'll have to wait until 2020 to see any results.

2 weeks ago

Expedia Being Investigated for Conspiring With Hotels to Suppress Competition

Expedia Being Investigated for Conspiring With Hotels to Suppress Competition

David McLaughlin, Bloomberg

These are some pretty serious allegations but we'll have to wait and see how far this one gets before any juicy details emerge.

2 weeks ago

Marriott CEO Arne Sorenson Diagnosed With Pancreatic Cancer

3 weeks ago

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Dennis Schaal, Skift

When Expedia announced the acquisition of HomeAway in 2015, then-CFO Mark Okerstrom called it "a huge opportunity on a go-forward basis." Today, it still is, but now-CEO Okerstrom said the short-term rental business must strive to gain "harder yards." The ground game is tougher than anyone realized.

3 weeks ago

Hyatt CEO Found Homesharing Experiments ‘Challenging’

Hyatt CEO Found Homesharing Experiments ‘Challenging’

Deanna Ting, Skift

But Mark Hoplamazian didn't say Hyatt would never try it out again.

3 weeks ago

Marriott Still Dominant Over Loyalty Peers Despite Activist Campaigns

Marriott Still Dominant Over Loyalty Peers Despite Activist Campaigns

Grant Martin, Skift

Despite a vocal minority of unhappy loyalty program members, Marriott still appears to be dominating loyalty rankings. Perhaps this squeaky wheel doesn't need any grease.

4 weeks ago

Marriott Is Officially Getting Into the Homesharing Business

Marriott Is Officially Getting Into the Homesharing Business

Deanna Ting, Skift

This news will trigger responses from elated to downright furious, whether you're a Bonvoy member, Marriott hotel owner, a property manager, or just someone concerned about the growth of homesharing around the world.

4 weeks ago

Hotels Have a Problem With Plastics: A Skift Deep Dive

Hotels Have a Problem With Plastics: A Skift Deep Dive

Sarah Enelow-Snyder, Skift

The hotel industry is just waking up to the problem of plastic waste, but this is a two-way street. Hotels rely on this convenient, affordable material just as much as travelers do. The real struggle is turning newfound global awareness and municipal legislation into swift action.

4 weeks ago

Marriott and Southwest Airlines Top Annual Loyalty Awards

Marriott and Southwest Airlines Top Annual Loyalty Awards

Grant Martin, Skift

Despite a rocky integration with Starwood Preferred Guest, Marriott performed well in this year’s loyalty rankings. Southwest Airlines, meanwhile, continued its reliable drumbeat of dominance.

4 weeks ago

Marriott to Build World’s Tallest Modular Hotel in Manhattan

Marriott to Build World’s Tallest Modular Hotel in Manhattan

Patrick Clark , Bloomberg

This unusual style of construction has been gaining popularity over the past few years. Still, despite its advantages, upfront costs and limited factory size could make more widespread adoption slow.

1 month ago

Las Vegas Resort Named for Developer’s Son Set to Open in 2022

Las Vegas Resort Named for Developer’s Son Set to Open in 2022

Christopher Palmeri, Bloomberg

In a thoughtful touch, real estate mogul Steven Witkoff is naming Drew Las Vegas after his late son who died of an opioid addiction, and Witkoff plans to use some of the revenues to fund a foundation that battles addiction. The resort will be a Marriott property on the north end of The Strip that will emphasize non-gaming options.

1 month ago