|Bid||137.48 x 400|
|Ask||147.00 x 200|
|Day's Range||136.73 - 138.25|
|52 Week Range||93.15 - 149.21|
|PE Ratio (TTM)||38.08|
|Earnings Date||May 8, 2018|
|Forward Dividend & Yield||1.32 (0.99%)|
|1y Target Est||145.20|
The card is aimed a the ‘most premium and often-traveling, globetrotting’ customers, the company says.
The demand for more modern hotel rooms has prompted major renovations at properties throughout the area.
A boutique hotel that feels unique to Tampa is pivotal to Water Street's overarching goal: Building an urban identity in a city that's better known for highways and strip centers than a walkable downtown.
China Lodging Group, Ltd (ADR) (NASDAQ: HTHT) is one of the leading hotel operators in China. It owns or operates more than 3,700 properties, with around 380,000 rooms. To compare, Marriott International Inc (NYSE: MAR), has 6,500 properties in 127 countries with about 1.2 million rooms.
U.S. property investment firm Starwood Capital Group launched its bid for minority stakes in Austrian property companies CA Immo and Immofinanz as it seeks exposure to markets in central and eastern Europe. "Starwood Capital considers Austria, Germany and (central and eastern Europe) as attractive markets and is committed to increasing its real estate exposure there," it said on Wednesday. Starwood, a private equity firm that says it has $56 billion in assets under management, last month said it wanted to acquire up to 26 percent of CA Immo and up to 5 percent of Immofinanz, at only slight premiums to their share prices at the time, minus any dividends paid before completion of the deals.
In a bid to provide richer benefits to its loyalty members and drive occupancy, Marriott (MAR) unveils plans to unify the benefits from its loyalty program across its three major loyalty portfolios.
DETROIT (AP) — Marriott is combining its Marriott, Starwood and Ritz-Carlton loyalty programs into a single program this August.
In the long-anticipated move, Marriott’s members will be able to earn points faster, all with the same currency.
BETHESDA, Md., April 16, 2018 /PRNewswire/ -- Today, Marriott International announced it will introduce one set of unified benefits across Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest (SPG) for its members in August 2018. This will create an incredibly rich hospitality loyalty program in which members will earn more points faster than under the prior programs -- on average 20% more points for every dollar spent. "We listened to the travel aspirations of our members and set our sights on unlocking the full potential of our loyalty programs," said David Flueck, Senior Vice President of Global Loyalty, Marriott International.
Black Sea Trade and Development Bank (BSTDB) and Bulgaria's Postbank, a unit of Greece's Eurobank (EURBr.AT), will lend 58.3 million euros ($72 million) for the construction of the first Marriott hotel in Bulgaria, officials said. The 12-year loan will be made to I Tower Development, a special-purpose company set-up in Bulgaria to build the 107 metre-high hotel, which will be on Macedonia Square in downtown Sofia and is expected to be completed in 2020. Marriott International Inc posted revenue of $5.88 billion in the fourth quarter of 2017.
Romney has been quietly receiving the financial backing of some of the most powerful names and donors in Republican circles, such as Henry Paulson, George W. Bush and Daniel Loeb.
TownePlace Suites by Marriott, one of the hotel conglomerate's extended stay brands, opened its 112-suite hotel in Drexel Town Square on April 13.
To buy back about one-quarter of its equity, Hilton will do a secondary offering of 60 million shares at $73 each. Further gains in Hilton stock were expected April 12 with HLT opening at almost $82 per share (though it closed up just 0.43%). All this is great for China, but before you put out your buy orders on Hilton stock it might help to understand that hotel chains aren’t chains anymore.
The 263-room hotel would be part of an 82-acre development that would include retail, about 2.25 million square feet of commercial space, walking trails and marina improvements.
In the competitive world of eye-popping credit-card travel rewards, the way to maximize benefits these days is to load your billfold with multiple cards. You may want one card for everyday spending, one for travel and restaurant purchases, one to get lounge access and one to waive baggage and priority boarding fees if you don’t have elite status. “The rate at which you earn has never been better,” says Brian Kelly, founder and chief executive of The Points Guy, a travel news and reviews site. Table: It pays to have different credit cards for different purchases to maximize travel rewards.
Blockchain technology has the potential to shake up the travel industry by giving airlines and hotels a way to bypass controlling intermediaries like Expedia (EXPE.O) or Amadeus (AMA.MC) and gain better access to customer data. Major players including Lufthansa (LHAG.DE) and citizenM hotels are partnering with startups and talking to large corporate clients about whether they can do group bookings via blockchain instead of using middlemen, who charge up to 25 percent of ticket or room prices in fees. Blockchain, which functions as an online record-keeping system maintained by a group of peers rather than a central agency or authority, also offers new business opportunities in tracking bags and flight delays.
BETHESDA, Md., April 5, 2018 /PRNewswire/ -- Marriott Rewards and Starwood Preferred Guest (SPG®) continue to help members get the most out of travel through the latest loyalty points promotions. With Marriott Rewards MegaBonus® and SPG More Nights, More Starpoints promotions, members can earn bonus points for every night they stay, beginning with their third night. Points can be redeemed for free nights, flights, exclusive experiences on Marriott Rewards Moments and SPG Moments, with Marriott Rewards MORE shopping portal, and much more.