Hotels
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Hyatt Reports $103M Loss in First Quarter, Says 35% of Hotels Are Closed
Hyatt reported first-quarter 2020 financial results this week. The hotel chain had a net loss of $103 million, compared to a net income of of $48 million in the first quarter of 2019.
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Marriott Raises $920 Million in Cash from Chase and Amex
Marriott announced today that it has received a total of $920 million of cash from Chase and American Express and amended existing co-brand credit card agreements with both issuers.Â
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IHG Now Has Dynamic Pricing at Select Properties
IHG said early last year that it was testing variable pricing. The hotel chain planned a roll-out in 2019, but that never happened. And now IHG has started introducing dynamic award pricing at some of its properties in Asia now.
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Marriott Extends Elite Status Through February 2022 & More
They have announced status extension through 2022, updated the cancellation policy and has also paused the expiration of Marriott Bonvoy points.
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Hilton Diamonds Still Get Suite Upgrades
If you have Diamond elite status you get space-available upgrades at eligible Hilton properties around the world, including suites.
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You Can Now Earn 30 Elite Night Credits with Marriott Credit Cards
A maximum of 15 Elite Night Credits will be provided per Marriott Bonvoy Member Account, unless you have both a small business Marriott Bonvoy Card account and a consumer Marriott Bonvoy Card account.
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New Marriott Data Breach Affecting 5.2 Million Customers
Marriott announced another data breach today, affecting about 5.2 million customers. This is a separate incident from the 2018 one that affected as many as 383 million guests.
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IHG Extends Free Night Certificates by 6 Months
IHG Extends Free Night Certificates With everyone canceling travel plans, Free Night Certificates are difficult to use up within the expiration date. So IHG is taking steps to change that by extending the expiration. The hotel chain is extending the expiration date on Free Night Certificates for some members by six months, but with a…
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Marriott Extends Free Night Certificates Through January 2021
Based on an email sent by Marriott, their certificates will be extended through January 31, 2021. The extensions should take place sometime in April.
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Hotel Industry Asks Government for $250B Bailout
The coronavirus pandemic has caused a sharp decline in travel. Airline and hotels have been heavily affected by this. After airlines asked for a $50 billion bailout, the hotel industry is seeking a total of $250 billion for owners, employees and suppliers.
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Airbnb Updates Policy Due to Coronavirus, Will Issue Full Refunds
For reservations in the United States, Airbnb’s Extenuating Circumstances policy applies to reservations booked on or before March 13, 2020, with check-in date of April 1, 2020 or earlier.Â










