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It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.
Persons: CNN Business ’, they’ve, that’s, it’s, they’re, , Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, , Texas
Many resorts move their clocks at least one hour ahead of the country’s official time zone – which is five hours ahead of Greenwich Mean Time (GMT+5). The JW Marriott is one of four Maldives properties under the Marriott Group umbrella, alongside St. Regis Maldives Vommuli Resort, the Westin Maldives Miriandhoo Resort and the Ritz-Carlton Maldives, Fari Islands. Video Ad Feedback Inside one of the Maldives' most luxurious resorts 02:30 - Source: CNNSoneva, another luxury resort group with multiple properties around the Maldives, also sets the clocks at its resorts an hour ahead of Male Time. Not every island resort follows island timeVideo Ad Feedback Flying with the barefoot pilots of the Maldives 02:31 - Source: CNNNot every resort in the Maldives follows island time. “Here at Kurumba Maldives we don’t use island time and never have, simply because as the first resort in the Maldives the concept of island time didn’t exist,” says Ali Farooq, resort manager at Kurumba, which opened in 1972.
Persons: Mohit Dembla, Matteo Colombo, , Zhilah Vego, CNN Soneva, Soneva Jani, Jani Time, Charles Morris, , , Regis, Ali Farooq, Marriott’s Organizations: CNN, JW, Spa, CNN Travel, Marriott, Marriott Group, St, Regis, Westin, Ritz, Carlton Maldives, GM, ” Staff, Maldives ’, butlers, Kurumba, Velana International Locations: Maldives, Greenwich, Regis Maldives, Westin Maldives, Fari Islands, Beach, Maldivian, St, Kurumba Maldives, Kurumba, Malé
[1/5] A swimming pool is seen at the top of Hyatt's Thompson Madrid Hotel, overlooking central Madrid, Spain, June 13, 2023. RISING ROOM RATESThe arrival of luxury hotels has marked a new peak in room rates. "We're seeking to capture the highest-spending international tourists," said Madrid's tourism director, Luis Martin. Employment in Madrid's tourism sector has grown by 15% since 2019, compared with 5.4% nationally. "The Spanish tourism sector has always tried to compete with other destinations on low prices," he said.
Persons: Hyatt's, Violeta Santos Moura, Santo Mauro, Richard Brekelmans, , Carlos Erburu, Thompson, Antonio Catalan, Alejandro Pitashny, Luis Martin, Jose Maria Martinez, Corina Pons, Belen Carreño, Charlie Devereux, Hugh Lawson Organizations: Madrid Hotel, REUTERS, Violeta Santos Moura MADRID, Hotels, Puerta del Sol, Dior, Marriott, Santo, Santo Mauro Palace, Westin, Ritz, Universal Music, Southern, Madrid, Colliers, Hyatt Hotels Corp, Reuters, Robuchon, Michelin, Airlines, Air, Thomson Locations: Madrid, Spain, Europe, Paris, London, Milan, Puerta del, Southern Europe, Barcelona, United States, Rome, Argentine, Iberia, America, Air China, China, Spanish
Hotels Roll Out the Red Carpet for Pets
  + stars: | 2023-05-15 | by ( Stephanie Rosenbloom | ) www.nytimes.com   time to read: +3 min
As anyone who travels with a pet knows, sometimes questions or concerns about their health or behavior arise while you’re on the road. Guests can gain access to the service through a phone help line and a website with a live-chat feature and get advice and answers to questions about pet health, wellness and behavior. Today, nearly 85 percent of U.S. Hilton properties are pet‑friendly. Check individual hotels for programs, policies and pricing. Whether you choose a penthouse in Barcelona or a roomy log cabin in Waynesville, N.C., there are plenty of high-end, pet-friendly homes, many for less than the cost of a hotel room.
Luxury hotel opens atop Vietnam’s tallest building
  + stars: | 2023-04-19 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +3 min
The new Vinpearl Landmark 81 has just opened inside the country’s tallest building, Landmark 81, in Ho Chi Minh City. It clocks in at 461 meters (1,512 feet) high and overlooks the Saigon River in the eastern stretch of Vietnam’s biggest city. The rest of Landmark 81 is a mix of private residences and public attractions. Vinpearl Landmark 81 is located about 11 km (7 miles) from Tan Son Nhat International Airport, Vietnam’s biggest and busiest airport. Vinpearl Landmark 81, 720A Đ. Điện Biên Phủ, Phường 22, Bình Thạnh, Thành phố Hồ Chí Minh 700000, Vietnam; +84 28 3971 8888
Additionally, you can earn complimentary Marriott elite status from a seventh credit card that isn’t even technically a Marriott card:As you can see, Marriott elite status is easy to attain, especially with the Marriott Bonvoy Brilliant American Express Card, which offers complimentary Platinum status. Earn even higher Marriott statusWith the Marriott Bonvoy Boundless card, you can earn an elite status that’s even higher than Platinum, and the card itself only charges a $95 annual fee. For every $5,000 you spend on the card, you’ll earn an additional Elite Night Credit toward the next level of elite status. From free breakfast to lounge access and even suite upgrades, Marriott elite status can often make a stay more comfortable. So if you didn’t think earning elite status was an option — as you don’t stay in Marriott properties enough during the year — your Marriott credit card can be your way in.
Best credit cards with 100,000 bonus points
  + stars: | 2021-05-10 | by ( Jennifer Yellin | ) edition.cnn.com   time to read: +19 min
So take a look at our list of the best credit cards with 100,000 bonus points or more and see which one is right for you. The best credit cards with 100,000 bonus points or moreHilton Honors American Express Surpass® Card: Best for Hilton hotelsIHG® Rewards Premier Credit Card: Best for IHG hotelsMarriott Bonvoy Boundless® Credit Card: Best for Marriott hotelsBritish Airways Visa Signature® Card: Best for short domestic flightsThe Business Platinum Card® from American Express: Best elite perks for businessesInk Business Preferred® Credit Card: Best travel card for businessesLet’s dive into the details of each of these cards and see how they compare and how much each bonus offer is actually worth. Based on the point valuations of frequent flyer website The Points Guy, those 130,000 bonus points are worth as much as $780 in travel. Additionally, there are two other IHG credit cards in the chain’s suite that are also offering more than 100,000 bonus points. With the Marriott Bonvoy Boundless Credit Card you can earn 100,000 bonus points after spending $3,000 on purchases in the first three months after you open the account.
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