Marriott
Marriott Bids Award Chart ‘Adieu,’ Moves to Dynamic Pricing Model
Marriott Bonvoy, the hotel chain’s guest loyalty program, will be making significant changes in the coming week.
The changes, which go into effect on Tuesday, include a move to dynamic award pricing and the elimination of the standard award chart.
In effect, the hotelier will eliminate its current award charts and replace it with what it termed, in October 2021, “flexible points redemption rates,” when it originally announced these plans.
From Tuesday through …
Hyatt Reports Q4, FY 2021 Loss While Hilton and Marriott Report Gains
Hilton Worldwide, Hyatt Hotels, and Marriott International all announced financial results for both the fourth quarter of 2021 as well as the full fiscal year.
While Marriott and Hilton reported profits for the quarter as well as the complete year, Hyatt recorded losses.
Hyatt posted a $29 million loss for the fourth quarter and a $203 million loss for the full year. Those numbers compare favorably to 2020, when the fourth quarter …
Marriott Executive Chairman J.W. Marriot to Retire in May
Marriott International announced plans on Monday for the retirement of J.W. Marriott Jr., known as Bill in the hospitality industry, as executive chairman and the appointment of David Marriott to succeed him as chairman of the board.
Mr. Marriott’s retirement as chairman, which was originally announced in 2020, is effective immediately following the company’s stockholder meeting in May, at which point David Marriott will become chairman.
Marriott began as a nine-stool …
Great Moments in Travel History – February 2022
February is the shortest month of the year in both the Julian and Gregorian calendars, and has 28 days in common years – that is years with 365 days – and 29 days in leap years, such the year 2020. It is also the month of love, as Valentine’s Day falls exactly in the middle of the month.
The month’s name, February, is a divisive issue when it comes to pronunciation, …
Marriott Anchorage Downtown Reopens After Major Renovation Project
Marriott International announced the completion of renovations to the Marriott Anchorage Downtown hotel.
The scope of the work included the property’s guest rooms, public spaces such as lobbies, restaurants, and meeting and event space.
The Marriott Anchorage Downtown is centrally located in the city’s downtown area near the Dena’ina Civic and Convention Center that opened in 2008 and is used for conventions, trade shows, meetings, and concerts. It’s also a 12-minute drive …
As 2022 Approaches, Airlines and Hotels Extend Elite Status Once Again
While the number of people flying and driving great distances hit a pandemic high over the Thanksgiving holiday, the travel industry isn’t seeing sustainable increases as the world heads into the final six weeks of the year.
Airlines and hotel chains are making note and taking steps to keep their best customers happy with yet another year of bestowed elite status, mirroring at least in part what happened at the end …
Marriott Reports $220 Million Profit, Sees ‘Continued Meaningful Improvement’
Marriott announced financial results for third quarter of 2021.
The hotelier reported a profit of $220 million for the quarter, compared to $100 million in profit in the same period last year. Revenue was $3.9 billion, a figure that was up 75% when compared to Q3 2020.
Revenue in 2020 was significantly impacted by the coronavirus-induced decline in travel.
The chain’s CEO, Anthony Caputo, said that the company witnessed “continued meaningful improvement in …
