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Search results for “Arne Sorenson”
Marriot's RevPAR in Greater China drops 90% in February
02/28/2020
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8:49:40 PM
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Marriott estimates to earn $25 million less in monthly fee revenue, compared to its 2020 base-case outlook.
Executives optimistic despite pressures in China
08/21/2019
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6:14:20 PM
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Most major hotel companies reported softer revenue-per-available-room growth in China during the second quarter because of the ongoing U.S.-China trade war as well as protests in Hong Kong.
Marriott CEO on US-China trade war: 'Anxiety levels' are up
07/19/2019
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9:56:08 AM
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Marriott has 310 deals signed for new properties in China. Marriott currently operates 346 properties in the country.
Burning questions: Too many brands? Too much tech?
06/16/2019
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11:29:42 PM
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The key is “providing choice broad enough to keep them (guests) with us,” he said, “as opposed to going to an (online travel agency), Google and being an intermediary customer.”
Why do hotel companies have so many brands?
03/12/2019
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5:14:10 PM
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Hotel brands do matter. But they matter more to hotel owners than to hotel customers.
Big data and the need for a data strategy
02/01/2019
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4:52:58 PM
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Amazon’s recommendation engine is estimated to generate more than 1/3 of its purchases by using AI to identify, rank, and serve up recommendations. But what would happen if Amazon decided to start selling hotel rooms using this knowledge?
Hotels: A flexible future?
10/30/2018
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3:42:11 PM
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A Hilton spokesperson said: “The new pricing structure will provide added flexibility for those who want it and cost-savings for those who do not require the flexibility to change their reservations.”
Marriott still working through Starwood integration two years after deal
08/10/2018
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9:27:26 AM
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Marriott’s net income for the second quarter was $610 million, a 25 percent increase from last year.
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