Online Travel
Airbnb Isn’t Running out of Hosts or Listings
Today's podcast discusses Airbnb’s host bonanza, Marriott’s earnings boost, and Carl Icahn’s JetBlue bet.
Marriott International News
The journey of the largest hotel chain in the world, Marriott International, Inc. - now with more than seven thousand hotel, residential, and timeshare properties - began with a root-beer stand in Washington, D.C. in 1927 started by J. Willard and Alice S. Marriott. Following its $13.3 billion acquisition of Starwood Hotels & Resorts in 2016, it became the largest global hotel company. It currently commands a mammoth portfolio of more than two dozen hotel brands such as JW Marriott Hotels, The Ritz-Carlton, The Luxury Collection, Delta Hotels, Marriott Vacation Club, Le Méridien, Sheraton Hotels and Resorts, Courtyard, Fairfield, and W Hotels. Its properties contain nearly a million and a half rooms worldwide. Through its premier loyalty program Bonvoy, it is engaged in partnerships with the likes of United Airlines, Uber, American Express, Hertz, and others to optimize customer engagement.
Hotels
MGM Resorts Got Las Vegas Boost From Super Bowl and F1
Las Vegas's hosting of the Super Bowl helped MGM Resorts post records in its hotel revenues. Demand may stay strong as the company expects to fully roll out a Marriott licensing tie-up by the end of March.
Hotels
Marriott’s Earnings Were Good but the Reactions Were Bad
The stock market being as ugly as NJ and NY weather this morning probably had a lot more to do Marriott’s outsized decline than the earnings report.
Hotels
Marriott: Strong 2023 With Record Luxury Hotels Deals
The volatility of the day-to-day horse race can obscure the bigger picture: Marriott's management delivered stellar results in 2024, with an effective 48% profit margin.
Hotels
Marriott's Ad Network: Slow Rollout for Plan to Target Hotel Guests
In May 2022, Marriott said it would let non-hotel marketers place ads on its site, lobby TVs, and guest-room Wi-Fi portals. But it's been largely quiet since then. Here's an update.
Travel Technology
Journera Shuts Down Despite High-Profile Partners and Investors
Big travel companies had higher priorities than to share data among one another. That's one of the reasons Journera didn't succeed.
Hotels
Dubai Hotels Cash In On Rich Tourists With Permanent Residences
As more wealthy travelers are looking to relocate to Dubai, hotel companies have spotted a massive opportunity by leasing out their luxurious brands to developers.
Hotels
7 Facts About The Ritz-Carlton Yacht Collection
Superyachts run by Marriott brand Ritz-Carlton are setting the pace in a new segment. If you're short on ideas for Valentine's Day, now's the time to drop a hint.
Hotels
Marriott vs. Hilton: What Their 2024 Hotel Pipelines Reveal
Hotel execs gathered this week to compare the sizes of their hotel pipelines. The companies with the largest hotel development forecasts were Marriott and Hilton, and the types of properties proving popular says a lot about their strategic directions.
Hotels
Marriott to Expand Apartments by Marriott Bonvoy
Marriott International, Inc. announced plans to further expand its new Apartments by Marriott Bonvoy brand offering with signed agreements in the United States, Italy, and the Kingdom of Saudi Arabia.