Marriott

Marriott Swings to Profit, Sees Blending of Leisure Trips with Business

Marriott Swings to Profit, Sees Blending of Leisure Trips with Business

Marriott International announced financial results for second quarter of 2021.
The hotel operator reported revenue of $486 million in the quarter compared to a net loss of $234 million in the same period in 2020 amidst the coronavirus pandemic induced downturn in travel and to net income of $232 million in the same period in 2019.  The improvement was driven by leisure travel, while the company keeps “a close eye” on …

Matild Palace in Budapest Opens Its Doors to Guests

Matild Palace in Budapest Opens Its Doors to Guests

Marriott International announced the opening of the Matild Palace, a new property in Budapest that is part of the chain’s Luxury Collection group.
Located on the storied váci utca, or Váci Street, the Matild Palace building is listed as a UNESCO world heritage site.  It was built by Princess Marie Adelheid Amalie Clotildeof Saxe-Coburg and Gotha, or in German, Marie Adelheid Amalie Clotilde, Prinzessin von Sachsen-Coburg und Gotha, Herzogin zu Sachsen, …

Great Moments in Travel History – June 2021

June, the sixth month of the year, derives its name from the Latin name for the Junius, which in turn comes from the ancient Roman goddess Juno, wife of Saturn and protector and special counselor of the state.
The month of June includes the celebration of the summer solstice in the Northern hemisphere, the longest day of the year, where it is also the start of meterological summer. Midsummer is observed …

New Oceanfront St. Regis Resort Opens in Bermuda

New Oceanfront St. Regis Resort Opens in Bermuda

Marriott International announced the opening of the St. Regis Bermuda Resort on St. George’s Island.
The 120-key property is located on St. Catherine’s Beach, and has, 21 suites. Every guest room has a private balcony.
The property also offers two- and three-bedroom residences.
Dining options include Lina, an all-day restaurant featuring Bermuda coastal cuisine, as well as BLT Steak NY, a steakhouse with daily specials. In addition, the St. Regis Bar will offer …

Marriott Reports Q1 Revenue Down by 50%

Marriott Reports Q1 Revenue Down by 50%

Marriott International announced financial results for first quarter of 2021.
The hotel operator reported a net loss of $11 million in Q1, compared with a profit of $31 million in the same period in 2020, amidst the coronavirus pandemic-induced decline in travel.
Revenue fell to $2.32 billion to $4.68 billion in Q1 2020.
The company has seen a gradual recovery in the United States and Canada, as vaccines rolled out,  said Marriott CEO …

Ronald McDonald House Opens Inside a Marriott in Albuquerque

Ronald McDonald House Opens Inside a Marriott in Albuquerque

A new Ronald McDonald House opened inside the Marriott Springhill Suites at the Highlands in Albuquerque, New Mexico, it was announced by Ronald McDonald House Charities of New Mexico.
The Highlands House, as the space is called, is meant is to provide families of seriously ill children a place to stay while the children receive treatment, both at the adjacent Presbyterian Hospital, which is accessible via a skybridge, as well as …

Ritz-Carlton, San Francisco to Reopen Its Doors to Guests

Ritz-Carlton, San Francisco to Reopen Its Doors to Guests

Marriott International announced that the Ritz-Carlton, San Francisco hotel it will reopen to the public on April 15. Like most hotels in the Golden State, the property was subject to state-wide Covid restrictions.
Built in 1909, the hotel was built has 336 guestrooms, including 60 suites. The décor is inspired by the city’s bay and fog, featuring steely blues and greys.
The property’s 24,000 square feet (2,229 square meters) of meeting and …