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Articles by Anna Breuer

Starwood Capital to Acquire Sofitel Budapest Chain Bridge Hotel

Starwood Capital to Acquire Sofitel Budapest Chain Bridge Hotel

Starwood Capital Group, a private investment firm, announced the acquisition of the Sofitel Budapest Chain Bridge Hotel from Orbis Hotel Group.
The Sofitel Budapest is located near the Széchenyi Chain Bridge, which crosses the Danube River, in Hungary’s capital city. Starwood is acquiring the property for €75 million ($89.4 million), subject to the approval of the European Union Merger Control Office.
The new owners plan an extensive restoration and renovation of the …

CDC: Fewer Than Half of World’s Busiest Airports Are Smoke-Free

An overwhelming majority of the world’s busiest airports continue to offer smoking areas to travelers and employees, putting millions of other travelers as well as airport workers at risk for second-hand smoke exposure.
The findings were published in a report from the Center for Disease Control and Prevention, “Smoke-Free Policies in the World’s 50 Busiest Airports,” published on Wednesday.
The report found that, as of August 2017, more than half of the …

Trump Soho New York Hotel to be Reflagged by End of Year

Trump Soho New York Hotel to be Reflagged by End of Year

The Trump Soho New York hotel in lower Manhattan will soon be undergoing a name change. The Trump Organization announced that its management and licensing agreement was bought out by real estate management firm CIM Group, the hotel’s owner.
CIM Group said that it will discontinue use of the Trump name by the end of the year. Since the November 2016 election, the hotel has struggled to attract guests and has …

Fall Travel Quiz Results Reveal Our Readers Are Smarter than a 5th Grader

Good news, class. The 2017 Fall Quiz turned out to be easier than we had anticipated and the class average rose as a result. Over 2,150 respondents took part and two lucky students won a pack of 15 United Airlines Boeing 747 trading cards.
Here are the numbers:
A record 12% of you earned an A, having answered every question correctly. This was a six-fold increase over the previous quiz.
Approximately 9% of …

Uber Concealed Data Breach Affecting 57 Million Accounts

Uber Concealed Data Breach Affecting 57 Million Accounts

Uber’s new CEO disclosed on Tuesday that hackers stole the personal data of 57 million customers and drivers and that the company concealed the breach for more than a year.
The news came as the ride-hailing company fired its chief security officer, Joe Sullivan, for his role in the cover-up.
The company said that the information that was stolen was limited to driver and passenger names, e-mail addresses, and telephone numbers. …

Brookstone Employee Arrested for Stealing 2 Million Delta Miles

Brookstone Employee Arrested for Stealing 2 Million Delta Miles

A former executive assistant at Brookstone’s corporate headquarters was arrested for theft after managers discovered she had stolen millions of Delta SkyBonus points when she was no longer an employee.
Tiffany A. Tomaselli of Manchester, New Hampshire, was taken into custody on Saturday after turning herself in to the Merrimack Police Department following the issuance of a warrant for her arrest. She was charged with theft.
Executives at the …

DOJ Files Suit to Block Merger Between AT&T and Time-Warner

DOJ Files Suit to Block Merger Between AT&T and Time-Warner

The U.S. Department of Justice filed suit Monday to block AT&T’s $85.4 billion bid to acquire Time Warner.
The move came as a surprise as many observers believed that the Trump administration would not obstruct such blockbuster deals.
AT&T is already one of the country’s largest telephone and Internet providers and, following its 2015 acquisition of DirecTV, also the largest television content distributor in the United States. Time Warner owns HBO, Warner …