Within a week or two, Marriott hotels will start to post hotel rates as inclusive of mandatory hotel-imposed fees on its own website. This move represents the end of a minor skirmish in the struggle against deceptive hotel pricing—the end result of an agreement between Marriott and the state of Pennsylvania requiring Marriott to post…
Marriott, AirBnB, Others See Global Travel Rebounding in 2022
February 18, 2022
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NEW YORK—Marriott and Hilton, two of the biggest U.S. hotel chains, told investors they expect people to resume packing their bags for business and leisure this year at rates not seen since before the pandemic. Hotel and other travel-related companies delivered rosy outlooks in this week’s quarterly results, citing rising vaccination rates and falling COVID-19…
Marriott CEO Sorenson Dies After Battle With Cancer
Marriott International Chief Executive Officer Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said on Tuesday. The first non-family member to head the hotel chain, Sorenson, 62, had earlier this month stepped back from full-time role to treat cancer that was diagnosed in 2019. Marriott said he died on Monday…
IBM, 3M, PepsiCo Among Leading US Firms That House Chinese Communist Party Units: Leaked Database
Hundreds of Chinese Communist Party (CCP) members are embedded within the Chinese divisions of major U.S. corporations, from IBM to PepsiCo to 3M, a leaked CCP-member database revealed. The existence of Party units within foreign companies in China is hardly surprising, given that the regime mandates any organization with at least three CCP members to…
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