Marriott International Chief Executive Arne Sorenson is set to testify before a U.S. Senate panel about a hacking incident that exposed the records of up to 383 million customers. The breach, which may be among the largest in history, was revealed in November 2018. The company said...
Users of the Starwood Preferred Guest (SPG) American Express (Amex) card aren’t happy with the changes coming to their cards, which give them one-third fewer reward points for almost every dollar they spend. The SPG Amex card had paid one Starpoint for each dollar spent on everyday...
Just a year-and-a-half ago, Marriott began the conversation around buying Starwood Hotels & Resorts. After the $13.3 billion deal went through, shareholders and the public are learning more about what will come of the 30 brands and more than 5,700 properties. Since the merger, Marriott has...
Fox Business reported on Monday (March 7), citing sources at American Express, that Ken Chenault, chief executive officer of the payments giant, may be on the way out, amid simmering tensions with the board of directors. And there’s another shoe to drop in the form...
March 16, 2021
Blackstone and Starwood Capital have agreed to acquire Extended Stay America, a press release says, with the deal going forward for around $6 billion. “Travel and leisure is one of Blackstone’s highest conviction investment themes, and we have confidence in the extended stay model,” said Tyler Henritze, head of U.S. acquisitions for Blackstone Real Estate. […]
March 05, 2019
Marriott International Chief Executive Arne Sorenson is set to testify before a U.S. Senate panel about a hacking incident that exposed the records of up to 383 million customers. The breach,...
July 12, 2018
Users of the Starwood Preferred Guest (SPG) American Express (Amex) card aren’t happy with the changes coming to their cards, which give them one-third fewer reward points for almost every dollar they...
March 13, 2015
Starwood Hotels and BMW are among the luxury brands that are putting the finishing touches on apps for the Apple Watch during the run-up to its availability on April 24,...
