Hotels

Category Archives for Hotels.

As Hotels Struggle, One Chain Markets Rooms As An Escape From Your Spouse During Lockdown

Apr 18 2020

Facing an unprecedented downturn, hotels are struggling to stay afloat. Some are turning to unconventional means to fill rooms, like providing luxury quarantine services or serving the homeless at risk for infection.

One furnished apartment chain based in Shinjuku-ku, Tokyo is taking a different route: they’re marketing themselves as an escape for spouses at wits end with their partners during the lockdown and the perfect antidote to ‘corona-divorce’.

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American Express Just Bought Nearly Half a Trillion Hilton Honors Points

hotel
Apr 17 2020

A month ago I wrote that frequent flyer programs would save the airlines because they offer rich sources of value and cash. However while United and Delta are reportedly in talks to sell large chunks of miles at a discount to their credit card partner banks, it’s actually Hilton that’s first out of the gate with this.

Hilton shared with the SEC that they’ve pre-sold $1 billion worth of points to American Express. That probably somewhere around half a trillion Honors points.

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California Is Filling Empty Hotels Up With Homeless

Apr 15 2020

Hotel bank partners are funding rooms for hospital workers to sleep in otherwise-empty hotels. Another source of revenue for hoteliers right now is housing the homeless who need a place to quarantine during the coronavirus crisis.

Here’s the scale of the project, which sorts of hotels are participating, and how much they can make – at least in California.

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Marriott Giving CEO Big Raise While Business Craters, Tens Of Thousands Furloughed

robber being caught red handed
Apr 14 2020

It shouldn’t be surprising that even as Marriott CEO Arne Sorenson announced that he would stop taking his salary through the end of the year, in light of the hotel giant furloughing tens of thousands of workers and the majority of corporate staff amidst the cratering of their business during the coronavirus crisis, he’s actually being given a raise. It must be all of those resort fees they pocketed, which Sorenson said are good for us.

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Miami Hotel Is Closed – Refuses To Return $2.3 Million From A School Trip

Apr 07 2020

A New York City private school though hasn’t been so lucky and is now locked in a battle with Miami Beach’s Eden Roc hotel over a $2.3 million deposit for an April trip. Even though the hotel is closed, they won’t refund the deposit and are demanding an additional $1.2 million.

In my experience so far with group bookings hotels are being much more hard-nosed than with individual reservations. They have money and they do not want to give any back.

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