Posts Tagged ‘Marriott International’

Clear Lanes to Hit Two Million Milestone this Week

Tuesday, November 25th, 2008

Clear®, the leader in airport security fast lanes, announced that the number of trips through the nationwide Clear Lanes since the service began is expected to hit two million over the next week. Clear had announced that it reached one million uses just six months ago. And, this past week, Clear processed over 10,000 [...]

Expedia, Inc. Reports Third Quarter 2008 Results

Thursday, October 30th, 2008

Expedia announced financial results for its third quarter ended September 30, 2008.
“Yes, it’s a difficult environment, but that’s everyone’s news, and for travel any predictions about its depth or duration would be foolish,” said Barry Diller, Expedia, Inc.’s Chairman and Senior Executive. “What is important for shareholders of Expedia to know is that the [...]

Hotel buyouts a bonanza for many mutual funds

Sunday, July 8th, 2007

Hotel buyouts are proving a bonanza for mutual funds which snapped up Hilton, Marriott and other hotel stocks after the September 11, 2001, attacks.
Private-equity firm Blackstone Group’s (BX.N) $20 billion bid for Hilton Hotels Corp. (HLT.N) on Tuesday sparked a 27 percent rise in shares of the second-biggest U.S. hotel chain over Thursday and Friday, [...]

Online travel industry grows but changes loom down the road

Thursday, June 7th, 2007

To gain footholds in the $40 billion online travel industry, Orbitz and Travelocity built up significant market presences using virtually identical business models. In targeting Internet-savvy consumers, both companies provided discounted prices and packaged travel in an almost identical format. Recently, however, increased competition has begun to force changes.
Direct sellers, such as AMR Corp.’s (AMR) [...]

Marriott hotel slated for entertainment center in China

Tuesday, June 5th, 2007

A Marriott hotel will be part of a massive entertainment, retail and gaming complex taking shape in Macao, China.
The 968-room Macao Studio City Marriott Hotel, slated to open in 2009, will be in a 30-story tower as part of a 4 million-square-foot development known as Macao Studio City, according to a statement from Bethesda-based [...]

Marriott to open 8th hotel in Paris.

Wednesday, May 30th, 2007

Marriott will open its third Renaissance branded hotel in Paris in 2009, under a management agreement with Empire SAS, a wholly-owned subsidiary of Altarea SA, a publicly traded French company.
When opened, it will be Marriott’s eighth hotel in the Paris metropolitan area.
The 118-room Renaissance Paris Arc de Triomphe will be located on Avenue Wagram [...]

Butler County hotel set to open

Wednesday, May 30th, 2007

A Courtyard by Marriott hotel will offer newly developed amenities for travelers, Marriott International Inc. announced Tuesday.
The Courtyard Cincinnati-North at Union Centre will open June 5 on Muhlhauser Road in West Chester, the company said Tuesday. The five-story, 126-room hotel in Butler County includes a restaurant, indoor pool with a whirlpool spa, exercise room [...]

For the Brands, Asian Development is a Once in a Lifetime Opportunity.

Thursday, April 19th, 2007

China and India are the fastest growing economies in the world and are expected to stay that way for the foreseeable future. Many international companies have had large operating and development teams in the region for sometime. Uniformly all companies are accelerating their activity. Those with mid-market and economy brands see this as the opportune [...]

The Jordan Valley Marriott Resort & Spa helps local young women to better their lives

Monday, April 16th, 2007

In its endeavor to continually help its community, the Jordan Valley Marriott Resort & Spa employs more than 30% of its employees from the local village of Sweimeh, located near the Resort. Several young women from Sweimeh have chosen to work for the resort and have excelled in their different jobs.
One of these young [...]

Marriott hotel likely for Kingston area

Sunday, February 25th, 2007

A five-star hotel under the franchised Marriott Hotels brand could soon be established in Kingston, George-town, in direct competition with the 250-room Buddy’s International Hotel and Resort and the well-established Le Meridien Pegasus.
This newspaper understands that a consortium of private developers, which includes foreign investors, has expressed interest and has begun groundwork for the construction [...]

Marriott proposes 250-room hotel in Fort Wayne

Saturday, February 24th, 2007

Marriott International has proposed building an 11-story hotel in downtown Fort Wayne that would include 250 rooms and a 4,000-square-foot ballroom. The hotel proposal is a critical piece of the proposed $125 million Harrison Square project, a public-private development that calls for new shopping, housing and a city-owned baseball stadium.

Marriott plans Ft. Wayne hotel

Saturday, February 24th, 2007

FORT WAYNE - Marriott International Inc. has proposed building an 11-story hotel in downtown Fort Wayne that would include 250 rooms and a 4,000-square-foot ballroom.
The hotel proposal is a critical piece of the proposed $125 million Harrison Square project, a public-private development that calls for new shopping, housing and a city-owned baseball stadium downtown.