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In this article MAR Follow your favorite stocks CREATE FREE ACCOUNTMarriott International's business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China's tourism market. Marriott International reported net room growth of 6% year-on-year and room rate growth of 2.5%, driven by a strong return of group travel, which Capuano called the "bright, shining star" for the business today. The company raised its year-end guidance for net room growth, and added 9 million new Bonvoy members in the third quarter. That measure turned out to be corporate layoffs, first reported by the travel media company Skift on Nov. 14, which later linked to a notice of "mass layoffs" of 833 Marriott employees posted on a Maryland government labor website. watch nowCapuano denied that the company — which doubled in size during the past decade — grew too big, too fast, at least in terms of corporate employees, instead calling the move a much-needed "reorganization" of its global corporate structure.

Persons: Anthony Capuano, Capuano, Leeny Oberg, —, Rather Organizations: Marriott, CNBC, Marriott International, Uber, Starbucks Locations: RevPar, China, Greater China, Maryland, Bethesda , Maryland

☆ Delphi murders: For years, the case went cold. Then a volunteer found a file with an interesting piece of information
▼ + stars: | 2024-10-28 | by ( Zoe Sottile | ) edition.cnn.com time to read: +7 min

Carroll County Sheriff Tony Liggett said despite the tip, Allen “got lost in the cracks,” according to CNN affiliate WLFI. Family members cried and other members of the audience were visibly shaken, according to CNN affiliate WRTV. Libby would have bled to death from her wounds within five to 10 minutes, Kohr testified, according to WRTV. While Abby’s body was discovered fully clothed – in Libby’s clothes – Libby was discovered nude, Kohr testified, according to WRTV. Allen’s defense attorneys filed a new motion on October 23, arguing for their alternate killer theory to be allowed in court, according to CNN affiliate WTHR.

Persons: Richard Allen’s, Kathy Shank, Allen, Shank, Abigail “ Abby ” Williams, Liberty “ Libby, Tony Liggett, Allen “, we’ve, Abby, Roland Kohr, Libby, WLFI, Kohr, – Libby, Abby’s, WRTV, Melissa Oberg, Richard Allen, Michael Conroy, Brian Olehy, Guy ’, Guy, “, ”, Jeremy Chapman, Guy ”, Abby “, WNDU, Sarah Carbaugh, Olehy Organizations: CNN, WLFI, Liberty, WRTV, Former Indiana State Police, WTHR, Courthouse, Police, Allen , Indiana State Police, Authorities, WNDU, Defense, Indiana State Police Locations: Indiana, Delphi , Indiana, Carroll, Allen ,, Odinism

☆ US designates Nordic neo-Nazi group as terrorists
▼ + stars: | 2024-06-14 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +4 min

CNN —The US State Department on Friday designated a Nordic neo-Nazi group and three of its top officials as terrorists. It’s the second time in history that the US has designated a foreign White supremacist organization and its leaders as terrorists. The department designated the Nordic Resistance Movement (NRM) and three of its top officials – Tor Fredrik Vejdeland, Pär Öberg, and Leif Robert Eklund – as Specially Designated Global Terrorists on Friday, according to a statement from spokesperson Matthew Miller. The Trump administration in 2020 designated the Russian Imperial Movement (RIM) and its leaders as Specially Designated Global Terrorists. NRM is a transnational neo-Nazi organization founded in Sweden in 1997, with branches in Norway, Denmark, Iceland, and Finland, according to the State Department.

Persons: – Tor Fredrik Vejdeland, Pär Öberg, Leif Robert Eklund –, Matthew Miller, Biden, Trump, ” Miller, “, ”, Harris Administration’s, —, Ian Moss, Donald Trump Organizations: CNN, US State Department, Nazi, White, Nordic Resistance Movement, Terrorists, Russian Imperial Movement, State Department, United, US Intelligence Community, Biden, Department, Bureau, Counterterrorism Locations: Sweden, Norway, Denmark, Iceland, Finland, United States, Europe, South America, Australia, Canada, New Zealand, U.S

☆ Inflation isn’t keeping Americans from having fun this Memorial Day weekend
▼ + stars: | 2024-05-24 | by ( Alicia Wallace | Krystal Hur | ) edition.cnn.com time to read: +5 min

And this Memorial Day weekend could be a case in point: Travelers are expected to come out in record-setting droves. Three-plus years of high inflation have taken their toll on Americans’ budgets and, especially, their mindsets. Inflation has slowed during the past couple of years, pulling back significantly from its peak of 9.1% in June 2022. Americans, especially lower-income consumers, have pulled back spending at retailers as goods inflation outpaces wage growth. Pandemic-era savings have been spent while sticky inflation and high inflation rates eat into household budgets.

Persons: ” Gus Faucher, Price, ” Faucher, Taylor, it’s, ”, Ed Bastian, Swift, Delta, Taylor Swift’s, That’s, Kathleen Oberg, “, Peter Kern Organizations: New, New York CNN, Transportation Security, TSA, PNC Financial Services, CNN, Consumer, Mickey Consumer, Commerce Department, Disney, Delta Air, ” United Airlines, Mastercard, Institute, Marriott International, Marriott, Expedia Group Locations: New York, United States, Hong Kong, Europe

☆ Americans are shopping less but they’re still spending on flights, hotels and Disneyland
▼ + stars: | 2024-05-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Consumers may be fed up with high prices at the store, but they’re still willing to splurge on travel. Other key players in the travel industry have reported a similar trend this earnings season. Americans, especially lower-income consumers, have pulled back spending at retailers as goods inflation outpaces wage growth. They’ve even become frugal with some experience-based spending like dining out, opting instead to eat at home. “We saw a healthy but more normalized market environment for travel globally,” CEO Peter Kern told analysts on May 2.

Persons: they’re, ”, Hugh Johnston, it’s, Ed Bastian, Kathleen Oberg, “, Peter Kern, ” FTX, FTX, Sam Bankman, Fried, Olesya Dmitracova, Read, Tesla, Anna Cooban, André, Elon Musk’s Organizations: CNN Business, Bell, New York CNN, Delta Air, ” United Airlines, Marriott International, Marriott, Disney, Expedia Group, Alameda Research, CNN, RTL Locations: New York, Hong Kong, California, Florida, Alameda, Berlin, Germany, Europe

☆ The House That Once Embarrassed Them Is Now a Showplace
▼ + stars: | 2024-04-30 | by ( Tim Mckeough | ) www.nytimes.com time to read: 1 min

For a long time, Alicia and Craig Oberg disliked their house so much that they didn’t want to invite anyone over. “We were actually embarrassed,” Ms. Oberg said of the house in Plymouth, Minn., which had a dated 1990s interior that “was just so far from what we felt our aesthetic was.”But the 3,800-square-foot ranch house, built in 1981, had a few things going for it. For one, there was plenty of space: The couple, whose twins are now 14, bought it in August 2013 for $584,000, after outgrowing their previous home. And they loved the bucolic setting, between a horse farm and a small lake, but just 15 minutes from the center of Minneapolis.

Persons: Alicia, Craig Oberg, ” Ms, Oberg, “ Locations: Plymouth, Minn, Minneapolis

REUTERS/Ammar Awad/ Acquire Licensing RightsNEW YORK/LONDON, Nov 6 (Reuters) - Travelers are canceling or postponing planned vacations to the Middle East and North Africa due to fears of the Israel-Hamas conflict worsening, and as touring companies have also altered itineraries and canceled flights. Travel operators say the war is affecting demand for travel to nearby nations including Egypt, Jordan and Turkey. German airline Group Lufthansa (LHAG.DE) said on Thursday their Middle East bookings have not been affected by the war, with only an initial dip when the conflict started. Spanish travel agency Essentialist said it has canceled 75% of trips to the extended Middle East and Northeast Africa region. The conflict's effect on travel demand to the Middle East may extend beyond the holidays and even just neighboring countries.

Persons: Ammar Awad, Israel, Todd Elliott, Konrad Waliszewski, Willie Walsh, Kathleen Oberg, Patrick Scholes, Essentialist, Matt Berna, Khaled Ibrahim, Doyinsola Oladipo, Joanna Plucińska, Rajesh Kumar Singh, Daniel Wallis Organizations: REUTERS, Cruise Line Holdings, Royal Caribbean Group, International Air Transport Association, Group Lufthansa, AS OMAN, Marriott, Intrepid Travel, Americas, East Travel Alliance, Thomson Locations: Damascus, Jerusalem's Old City, East, North Africa, Israel, Palestinian, Gaza, Egypt, Jordan, Turkey, Orlando , Florida, Israel . Washington, Cyprus, Lebanon, Valencia, Spain, Spanish, Northeast Africa, Australia, Norway, Sharm el Sheikh, Oman, UAE, New York, London, Chicago

☆ Space Billionaires Like Elon Musk Should Think More About Sex - The New York Times
▼ + stars: | 2023-11-05 | by ( Kelly Weinersmith | Zach Weinersmith | ) www.nytimes.com time to read: +3 min

This is ominous, given that some private space-launch companies, including SpaceX, have an explicit goal of creating new civilizations off Earth. But truth be told, we don’t even know if you can actually do the fun part of making space kids. While the moon and Mars provide some gravity, the vast majority of data on space physiology comes from orbital space stations, where free-falling astronauts hang in midair. But what happens after the unchastity belt is unbuckled, the snuggle tunnel sheepishly exited? Bone loss may be less of a problem on Mars, which has 40 percent of Earth’s gravity.

Persons: popularizers James, Alcestis Oberg, Dr, Thomas Heppenheimer, Samuel Coniglio, There’s, Vanna Bonta’s 2suit Organizations: SpaceX, Astronauts, Space Tourism Society Locations: China

International travel reached around 90% of pre-pandemic levels this year, according to the International Air Transport Association. Those trends lifted quarterly earnings of travel companies, with cruise operators like Royal Caribbean (RCL.N) reporting record results in recent weeks. Ticket prices, which in some cases have increased by double-digit percentages since the pandemic, are unlikely to plummet. She expects air fares on long-haul international routes to remain high until supply outpaces pre-pandemic levels, demand normalizes and jet fuel prices decline further. International inbound vs outbound in the U.S this yearAverage domestic airfare is currently $246 round-trip, down 8% from 2022, according to travel booking app Hopper.

Persons: Dan McKone, Amadeus, Jozsef Varadi, Hayley Berg, Hopper, that's, Glenn Fogel, Kathleen Oberg, Joanna Plucinska, Rajesh Kumar Singh, Doyinsola, David Gaffen, Matthew Lewis Organizations: International Air Transport Association, Consulting, Royal, Booking Holdings, Marriott, Lufthansa LHAG.DE, United Airlines, Wizz, Reuters, Holdings, International, U.S . National Travel, Tourism Office, British Airways, IAG, Thomson Locations: CHICAGO, Southern Europe, Britain, France, United States, Germany, Singapore, Royal Caribbean, Manila, Hong Kong, Taipei, Tokyo, Europe, Asia, COVID, U.S, Canada, London, Chicago, New York, Bengaluru

☆ Americans are going abroad in droves — at the expense of domestic travel
▼ + stars: | 2023-08-03 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

Airlines and hotel chains in recent weeks have reported a surge in bookings for international trips — along with rising prices. International airfare is averaging $962, up 10% from last year and 26% from 2019, according to fare-tracking company Hopper. Marriott International on Tuesday said second-quarter revenue per available room rose 6% year over year in the U.S. and Canada. Nightly rates for Marriott luxury properties, like JW Marriott, The Ritz-Carlton and Edition in the U.S. and Canada ticked 1% down year over year. "The fact that I'm spending a month in Europe is going to stop me from taking some domestic trips in the near future," Inman said.

Persons: Guglielmo Mangiapane, Hopper, airfare, Kathleen Oberg, Jesse Inman, Inman, Michael Cavanagh, we're Organizations: Reuters, Airlines, Marriott International, Marriott, JW, The Ritz, Carlton, U.S, Six Flags Entertainment, Comcast, Universal Locations: Rome, Italy, U.S, Paris, Orlando , Florida, Canada, Marriott, Europe, North Carolina, Israel, Austria, France, Atlanta, Denver, Austin, San Antonio, Texas, Orlando, Covid

☆ Marriott CFO: We're doing an overhaul on everything regarding our digital commerce world
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarriott CFO: We're doing an overhaul on everything regarding our digital commerce worldMarriott CFO Leeny Oberg joins 'Squawk on the Street' to discuss how AI impacts Marriott's business, what these changes will mean for the customer and overall business trends in the United States.

Persons: Leeny Oberg Organizations: Marriott Locations: United States

☆ Is the World Ready for Another Goop?
▼ + stars: | 2023-07-19 | by ( Jessica Testa | ) www.nytimes.com time to read: +1 min

There was once an Instagram account called Sporty & Rich. But hobbies do not stay hobbies for long in the modern age. As her following grew, Ms. Oberg envisioned a print magazine. She envisioned a small line of merch: simple hoodies and tote bags and hats embroidered with “Sporty & Rich.” Then she began to envision a different life for herself — one of less hustle and more leisure. She moved to Los Angeles in 2018, and now her T-shirts are printed with phrases like “Health Is Wealth!” and “Drink More Water!”

Persons: Ralph Lauren —, Frank, Phoebe Philo’s, Barack Obama, Joe Namath, Emily Oberg, Oberg, ”, — Organizations: ”, tote Locations: Bedford, Stuyvesant, Brooklyn, Los Angeles

☆ Utah man charged after razor blade held to another passenger's throat on flight
▼ + stars: | 2022-11-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

A Utah man accused of holding a straight-edge razor near another passenger's throat on a New York City-to-Salt Lake City flight has been charged with assault, authorities said. He was charged Tuesday with assault with a dangerous weapon on or near aircraft and carrying a weapon on a flight, prosecutors with the U.S. Justice Department’s District of Utah office said. Officials say he boarded a flight at John F. Kennedy International Airport with a concealed straight-edge razor marketed to barbers. The woman said he held the razor near her throat as he told her to pause the movie, according to prosecutors. "He was going to get help because he knew something was really off," the woman told NBC affiliate KSL, who withheld her name.

☆ Europe's top hotel chain is hiring workers without experience or even résumés because it's so desperate for staff
▼ + stars: | 2022-07-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

The CEO of Accor, Europe's top hotel chain, said he's hiring workers without experience or résumés. Sebastien Bazin said some Accor hotels were limiting restaurant hours because of staff shortages. Hospitality workers have been quitting their jobs over wages, benefits, and working conditions. It means some hotels have been forced to widen their candidate pools — with Accor, Europe's largest hotel chain, turning to workers without experience or even résumés. Some days, Accor hotels have been forced to stop serving lunch or even completely close their restaurants because they don't have enough staff, Bazin said.

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