Articles tagged “marriott”

Marriott’s Foray Into Short-Term Rentals No Longer an Experiment — It’s a Business: Exec

Marriott’s Foray Into Short-Term Rentals No Longer an Experiment — It’s a Business: Exec

Rosie Spinks, Skift

Hospitality giants moving into the short-term rental space hasn't always gone smoothly. But Marriott's vice president of Homes & Villas said that the company isn't getting its feet wet anymore — it's found a business model that works and wants to grow it.

2 days ago

How Global Hotel Chains Differ in Approach to Asia-Pacific’s Huge Opportunity

How Global Hotel Chains Differ in Approach to Asia-Pacific’s Huge Opportunity

Raini Hamdi, Skift

Who has the best setup in Asia? No one-size-fits-all approaches there. But as competition increases amid a softer market, expect strategies and structures to evolve.

1 week ago

Marriott to Focus on Reducing Food Waste in 2020

Marriott to Focus on Reducing Food Waste in 2020

Claire Ballentine, Bloomberg

Food waste accounts for a lot more higher global greenhouse emissions than aviation. And hotels are one place where a lot of it is inevitable. Marriott is making a good sustainability move.

2 weeks ago

What Happens to Washington D.C. Tourism During an Election Year?

What Happens to Washington D.C. Tourism During an Election Year?

Rosie Spinks, Skift

All eyes will be on the American presidential campaign come 2020, but despite all the attention on the nation's capital, the effect that an election year has on tourism in Washington D.C. isn't so straightforward.

3 weeks ago

Marriott CEO Sorenson Offers Update on Cancer Treatment

Marriott CEO Sorenson Offers Update on Cancer Treatment

Nancy Trejos, Skift

Marriott keeps growing despite a drop in earnings this quarter. CEO Arne Sorenson is optimistic, even as he prepares for surgery to treat his pancreatic cancer. Sorenson isn't missing his morning workouts, and said he would be healthy for the next earnings call in 2020.

1 month ago

Boutique Hotels Say They Face Unique Challenges Going Plastics-Free

Boutique Hotels Say They Face Unique Challenges Going Plastics-Free

Micheline Maynard, Skift

For boutique hotels to cut back on plastics, customers have to demand it — and then cooperate.

1 month ago

Marriott Sells St. Regis New York to Qatar for $310 Million

Marriott Sells St. Regis New York to Qatar for $310 Million

Patrick Clark and Gillian Tan, Bloomberg

Yet another trophy asset for the Qatar Investment Authority, which is making good its plans to take direct stakes in companies and assets in North America and Asia.

1 month ago

Accor CEO to Doubters in Asia: Our Brand-Heavy Strategy Is Working

Accor CEO to Doubters in Asia: Our Brand-Heavy Strategy Is Working

Raini Hamdi, Skift

Having more brands when cheap money is chasing real estate is good for Accor, but may not be for its hotel owners. This is especially true in Asia where owners are hoping that in time it won’t be a case of too many Accor hotels chasing too few hotel guests.

2 months ago

Marriott to Showcase New Look for W Hotels in Downtown New York

Marriott to Showcase New Look for W Hotels in Downtown New York

Patrick Clark, Bloomberg

It's commonplace for a franchisor to update a property to showcase a refreshed look before asking its real estate partners to invest in similar upgrades. But Marriott International's redo of W Hotels matters more than most such efforts. The wider hotel industry will be curious about the direction of W Hotels, a brand Marriott won as part of its 2016 acquisition of Starwood.

2 months ago

Marriott Is Buying Elegant Hotels in Barbados in Further All-Inclusive Push

Marriott Is Buying Elegant Hotels in Barbados in Further All-Inclusive Push

Patrick Whyte, Skift

Buying Elegant Hotels will add another seven Caribbean hotels to Marriott's all-inclusive offering. It's a sure sign that the company is taking this part of the market much more seriously in 2019.

2 months ago

Marriott Drives Deeper Into Luxury Short-Term Rentals as a Loyalty Play

Marriott Drives Deeper Into Luxury Short-Term Rentals as a Loyalty Play

Sean O'Neill, Skift

Airbnb has nothing to worry about. Marriott is mainly interested in using rentals as a tool to build brand loyalty. So the Bethesda, Maryland-based hotel giant won't threaten the established players in short-term rental booking.

2 months ago

New Resort Fee Legislation Would Disrupt How Hotels Are Sold Online

New Resort Fee Legislation Would Disrupt How Hotels Are Sold Online

Dennis Schaal, Skift

This is going to be a slugfest. Some hotels view resort fees as key to business and argue that they are already transparent in how they advertise them. Consumers, states, and now federal legislators are putting great pressure on that notion. Something's gotta give — and the status quo is not a likely winner.

2 months ago