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☆ Stocks making the biggest moves midday: Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more
▼ + stars: | 2022-12-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Netflix — Netflix tumbled more than 9% following a report from Digiday that said the streaming stock's early-stage advertising business is missing viewership targets. Verizon , AT&T — The communication technology stock added 1% after Morgan Stanely upgraded it to overweight from equal weight, saying its shares were attractive compared with historical levels. AT&T shares fell more than 2% following a separate downgrade from Morgan Stanley that cited the stock's recent outperformance. Madison Square Garden Entertainment — Shares rose more than 2% after Morgan Stanley upgraded the stock to equal weight from underweight. Lockheed Martin — Shares dropped 1.5% after Morgan Stanley downgraded the stock from overweight to equal weight, saying its outperformance should somewhat cool in 2023.

“There’s no such thing as a set forecast right now,” said Sophie Kelly, senior vice president of whiskies at Diageo North America, speaking at the same event. The firm, a unit of Interpublic Group of Cos.’ Mediabrands, cut its growth forecast for next year to 4.8% from an earlier prediction of 5.8% in June. Organic revenue growth is a metric that removes the effects of currency fluctuations, acquisitions and disposals. Airbnb Inc. slashed its advertising spending and invested in brand marketing, lessening its reliance on search-engine marketing. “We knew that people are changing their behavior,” said William White, Walmart’s chief marketing officer.

☆ Marriott joins Hilton in lifting profit forecast on unabated travel demand
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

Nov 3 (Reuters) - Marriott International Inc (MAR.O) joined its rival Hilton in raising its annual profit forecast on Thursday, aided by higher pricing and a strong rebound in leisure and business travel even as recession risks cloud consumer spending. Marriott, which owns hotels like Sheraton, Westin and St. Regis, expects adjusted profit per share of between $6.51 and $6.58 this year, compared with its previous forecast of $6.33 to $6.59 per share. Pent-up desire to travel bolstered by a more powerful U.S. dollar and flexible work arrangements have emboldened consumers and extended the travel season into the fall. Last week, Hilton (HLT.N) also bumped its annual profit forecast. Reporting by Priyamvada C in Bengaluru; Editing by Saumyadeb Chakrabarty and Milla NissiOur Standards: The Thomson Reuters Trust Principles.

☆ Marriot shares slide on delayed opening of some properties in China
▼ + stars: | 2022-11-03 | by ( Priyamvada C | ) www.reuters.com time to read: +2 min

"The market in China is most certainly where we're seeing the most challenges," Chief Executive Anthony Capuano said during an analyst call. Revenue per available room (RevPAR) from Greater China was $64.06 in 2021 company-wide, behind U.S. & Canada and Middle East & Africa. "Looking forward we expect that the recession will mute, but not derail, growth in the U.S. hotel industry. Marriott now expects 2022 adjusted profit per share of between $6.51 and $6.58, compared with its previous forecast of $6.33 to $6.59 per share. Adjusted profit per share was $1.69, one cent above expectations.

☆ Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week
▼ + stars: | 2022-10-29 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

Starbucks on Thursday will report whether customers are paring back on purchases at its cafes. Pfizer Inc., Uber Technologies Inc. and Starbucks Corp. are among the heavyweights headlining another busy earnings week as investors search for insight into the state of the broader economy. Other companies on the docket to issue their latest quarterly reports include Taco Bell parent company Yum Brands Inc. and CVS Health Corp. Investors also will hear from travel companies such as Airbnb Inc., Expedia Group Inc., and Marriott International Inc., payments rivals Block Inc. and PayPal Holdings Inc., and private-equity giants KKR & Co. Inc. and Apollo Global Management Inc.

☆ Three stock lunch: AMD, MAR & DKNG
▼ + stars: | 2022-10-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree stock lunch: AMD, MAR & DKNGScott Nations, president and CIO of 'Nations Shares', joins 'Power Lunch' to offer his picks for today's Three-Stock Lunch: Advance Micro Devices, Marriott International and DraftKings.

☆ London, Paris, Frankfurt and beyond: CNBC names Europe's best hotels for business travel
▼ + stars: | 2022-10-04 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com time to read: +10 min

CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in Europe. FrankfurtSofitel Frankfurt Opera JW Marriott Hotel Frankfurt Best Western Premier IB Hotel Friedberger Warte Le Meridien Frankfurt Steigenberger Airport Hotel FrankfurtSofitel Frankfurt Opera Source: Sofitel Frankfurt OperaThe Sofitel Frankfurt Opera is on Opera Square, or the Opernplatz, near the city's famed opera house. ParisLe Bristol Paris Les Jardins du Faubourg Kimpton - St Honore Paris Pullman Paris Center-Bercy Le MeuriceLe Bristol Paris Source: Le Bristol Paris | Claire CocanoGuests of Le Bristol Paris can count President Emmanuel Macron as a neighbor — Elysee Palace, the official residence of France's president — is just steps away. StockholmGrand Hotel Stockholm Radisson Blu Waterfront Hotel Stockholm Hotel At Six Bank Hotel Lydmar HotelGrand Hotel Stockholm Source: Grand Hotel StockholmTying for No. ViennaPalais Coburg Hotel Residenz Hotel Sans Souci Wien The Ritz-Carlton, Vienna The Harmonie Vienna Grand Hotel Wien This grand hotel built in 1845 is the former home of Austrian royalty.

☆ Dubai, Tel Aviv and beyond: CNBC names the best hotels for business travel in the Middle East
▼ + stars: | 2022-10-04 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com time to read: +8 min

CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in the Middle East. From Abu Dhabi to Tel Aviv, here is the full list of the winners in the Middle East in PDF format — complete with final scores — some of which are highlighted below. Alternatively, you can search by city or country using the table here:Abu DhabiRosewood Abu Dhabi Crowne Plaza Abu Dhabi — Yas Island Four Seasons Hotel Abu Dhabi at Al Maryah Island W Abu Dhabi — Yas Island Beach Rotana ResidencesRosewood Abu Dhabi Source: Rosewood Abu DhabiRosewood Abu Dhabi is the brand's only hotel in the United Arab Emirates. AnkaraAlegria Business Hotel Holiday Inn Ankara — Cukurambar Ankara Atli Hotel Ankara HiltonSA Occidental Ankara The Alegria is all business — as befits its name. It has the amenities that business travelers value — an on-site restaurant, bar and patisserie — all just a few miles from Izmir Adnan Menderes Airport.

☆ Ford, GM upgrade their heavy-duty pickup profit machines
▼ + stars: | 2022-09-28 | by ( Joseph White | ) www.reuters.com time to read: +3 min

Ford said the Super Duty franchise generates "more revenue than many Fortune 500 companies, including Southwest Airlines, Marriott International or Nordstrom." Heavy-duty pickups such as the Super Duty and Silverado HD do dirty work in oil fields and on construction sites. Ford on Tuesday unveiled the latest generation of the Super Duty at Churchill Downs racetrack in Louisville, Kentucky, not far from the factory where most Super Duty trucks are built. read moreOne day ahead of Ford's Super Duty reveal, Chevrolet outlined a list of improvements to its Silverado HD heavy pickup line, which trails the Super Duty in sales. Chevrolet said it will now offer only a 10-speed Allison transmission on its heavy duty Silverado trucks.

☆ A longer-stay hotel is the best choice for your next trip — here are 5 reasons why
▼ + stars: | 2022-09-27 | by ( Created Insider Studios With Marriott | ) www.businessinsider.com time to read: +4 min

From in-suite kitchens to mapped running routes, here are five reasons to book a longer-stay hotel for your next longer stay trip. At a longer-stay hotel, however, you'll get it all. This is why Residence Inn has designed a guest experience where you can truly live your life while traveling. At a longer-stay hotel, you choose what's on the menu, with an in-suite kitchen equipped with everything you need for a home-cooked meal. But a hotel like Residence Inn by Marriott® can make the experience feel just a bit more like home.

☆ 5 ways to maintain a balanced lifestyle when traveling
▼ + stars: | 2022-09-27 | by ( Sponsor Post | Created Insider Studios With Marriott | ) www.businessinsider.com time to read: +4 min

But there are ways to live a balanced life, no matter how busy your travel schedule gets. Here are five ways Element Hotels can help you live your life to the fullest — even when you're on the road. But once you've had a cheat meal or two, you can opt for a variety of healthy dining options provided to Element guests. That's why Element Hotels make staying active easy. In addition to using recycled materials where possible in its design and construction, Element Hotels also provides vehicle-charging stations and in-shower amenity dispensers to reduce plastic waste.

☆ Cyberattack on InterContinental Hotels Disrupts Business at Franchisees
▼ + stars: | 2022-09-26 | by ( Catherine Stupp | ) www.wsj.com time to read: +4 min

A cyberattack on InterContinental Hotels Group PLC disrupted business at franchisees this month, leaving a trail of angry customers, lost income and a class-action lawsuit. Hotel owners complain they received one email from IHG executives explaining that the attack would shut down online reservation systems. We remain focused on supporting our hotels and owners and throughout this period have communicated regular updates to owners and hotel teams,” an IHG Hotels & Resorts spokesperson said. Hotel owners said they dealt with angry customers whose reservations were lost due to the cyberattack. IHG franchisees pay monthly fees to use the company’s reservation technology, the lawsuit says.

Because the Marriott Bonvoy Business® American Express® Card is a small-business card, you'll need to have some business activity to qualify. In addition, you won't be eligible for the welcome bonus on this card if any of the following apply to you: Within the last 30 days, you've held the Marriott Bonvoy™ Premier Plus Business Credit Card from Chase, the Marriott Rewards ® Premier Plus Business Credit Card from Chase, the Marriott Bonvoy Business™ Credit Card from Chase, or the Marriott Rewards ® Business Credit Card from Chase. Premier Plus Business Credit Card from Chase, the Marriott Bonvoy Business™ Credit Card from Chase, or the Marriott Rewards Business Credit Card from Chase. Within the last 90 days, you've opened the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bountiful™ Card , or Marriott Bonvoy Bold® Credit Card. Within the last 24 months, you've received a new cardmember bonus from the Marriott Bonvoy Bountiful™ Card, Marriott Bonvoy Boundless® Credit Card, or Marriott Bonvoy Bold® Credit Card.

Because the Marriott Bonvoy Business® American Express® Card is a small-business card, you'll need to have some business activity to qualify. In addition, you won't be eligible for the welcome bonus on this card if any of the following apply to you: Within the last 30 days, you've held the Marriott Bonvoy™ Premier Plus Business Credit Card from Chase, the Marriott Rewards ® Premier Plus Business Credit Card from Chase, the Marriott Bonvoy Business™ Credit Card from Chase, or the Marriott Rewards ® Business Credit Card from Chase. Premier Plus Business Credit Card from Chase, the Marriott Bonvoy Business™ Credit Card from Chase, or the Marriott Rewards Business Credit Card from Chase. Within the last 90 days, you've opened the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bountiful™ Card, or Marriott Bonvoy Bold® Credit Card. Within the last 24 months, you've received a new cardmember bonus from the Marriott Bonvoy Bountiful™ Card, Marriott Bonvoy Boundless® Credit Card, or Marriott Bonvoy Bold® Credit Card.

☆ Marriott Bonvoy Bountiful card review: Chase's new Marriott credit card comes with a 125,000-point welcome bonus offer and upscale perks, but with an annual fee to match
▼ + stars: | 2022-09-23 | by ( Jasmin Baron | Read More | Read Less | ) www.businessinsider.com time to read: +35 min

Along with the new Marriott Bonvoy Bevy™ American Express® Card, the Marriott Bonvoy Bountiful™ Card is a mid-level card that's not quite premium; it's a step above the popular Marriott Bonvoy Boundless® Credit Card ($95 annual fee) but doesn't have nearly as many perks as the top-tier Marriott Bonvoy Brilliant™ American Express® Card ($650 annual fee). **Here's what to know to help decide if the Marriott Bonvoy Bountiful™ Card is right for you. Marriott Bonvoy Bountiful card benefits and featuresMarriott Bonvoy Gold elite statusMarriott Bonvoy Bountiful™ Card primary cardholders receive Marriott Gold elite status automatically for as long as their card is open and in good standing. Most folks will do perfectly fine with the moderately priced Marriott Bonvoy Boundless® Credit Card or Marriott Bonvoy Business® American Express® Card, or even the no-annual-fee Marriott Bonvoy Bold® Credit Card. There are some pretty strict rules about who can qualify for the Marriott Bonvoy Bountiful™ Card.

, said in a statement that Drizly is one of the few places where her company can run multimedia ad campaigns. The database allows the company to charge above-market rates for ad placements, according to Mr. Patel. The company also hired Gina Hardy as its first chief customer officer to oversee all marketing operations. Mr. Patel declined to comment on specific growth goals for Drizly, but said the company sees significant potential in its advertising platform, which is independent of its parent company’s Uber Eats ad business. Drizly sales grew 517% from September 2019 to September 2021, according to market-research firm Bloomberg Second Measure.

☆ Marriott Bonvoy Bold card review: A 60,000-point limited-time bonus offer and no annual fee make this a good option for occasional Marriott travelers
▼ + stars: | 2022-09-22 | by ( Jasmin Baron | Read More | Read Less | ) www.businessinsider.com time to read: +30 min

Read our review Read Our Review A looong arrow, pointing rightThe Marriott Bonvoy Bold® Credit Card comes with a decent welcome bonus and perks for a no-annual-fee card, but unless paying an annual fee is a dealbreaker for you, other Marriott cards — like the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Brilliant™ American Express® Card, or Marriott Bonvoy Business® American Express® Card — are a better deal. The Marriott Bonvoy Bold® Credit Card is one of six Marriott credit cards currently available to new applicants, and it's the only version that doesn't charge an annual fee. For most folks who stay with Marriott, even occasionally, the Marriott Bonvoy Boundless® Credit Card and Marriott Bonvoy Business® American Express® Card are a better deal. Generally, the Marriott Bonvoy Bold® Credit Card requires a good to excellent credit score to be eligible, which means a FICO score of at least 670.Who is eligible for the Marriott Bonvoy Bold? You're also not eligible if you already have a Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Boundless® Credit Card, or Marriott Bonvoy® Premier credit card (not available to new applicants) open, or earned the welcome bonus from one in the past 24 months.

☆ Marriott Bonvoy Bevy card review: Amex's new Marriott card has a 125,000-point welcome bonus and comes with complimentary Gold Elite status, but at a price
▼ + stars: | 2022-09-22 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +34 min

Earn 6 Marriott Bonvoy® points for each dollar of eligible purchases at hotels participating in Marriott Bonvoy. Marriott Bonvoy Bevy Free Night Award: Earn 1 Free Night Award after spending $15,000 on eligible purchases on your Marriott Bonvoy Bevy™ Card in a calendar year. The Marriott Bonvoy Bevy™ American Express® Card, with a $250 annual fee, is positioned as a mid-tier card between the popular Marriott Bonvoy Boundless® Credit Card ($95 annual fee) and premium Marriott Bonvoy Brilliant™ American Express® Card ($650 annual fee). For example, it comes with automatic Marriott Gold elite status, compared to the Silver status awarded by the Marriott Bonvoy Boundless® Credit Card and Platinum status with the Marriott Bonvoy Brilliant™ American Express® Card. If have or have had The Ritz-Carlton® Credit Card from JPMorgan, J.P. Morgan Ritz-Carlton Rewards® Credit Card, Marriott Bonvoy Bountiful™ Card, Marriott Bonvoy Boundless® Credit Card, Marriott Rewards® Premier Plus Credit Card from Chase, Marriott Bonvoy® Premier Credit Card from Chase, Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy® Premier Plus Business Credit Card from Chase, or the Marriott Rewards® Premier Plus Business Credit Card from Chase in the last 30 days, you won't be eligible for the $250.

☆ Marriott coaxing workers back to office with $600 million building
▼ + stars: | 2022-09-20 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

Signage is seen at the Marriott Marquis hotel in Manhattan, New York City, U.S., March 23, 2022. REUTERS/Andrew Kelly/File PhotoBETHESDA, Maryland Sept 19 (Reuters) - Marriott International Inc (MAR.O) believes its new $600 million high-rise headquarters will entice workers to return after more than two years mostly working at home. Register now for FREE unlimited access to Reuters.com RegisterDuring construction, Marriott turned 20% of fixed workstations into "collaboration spaces." Capuano said employees are not required to be in the office but Marriott is "encouraging folks to be here several days a week -- and not just for meetings." Register now for FREE unlimited access to Reuters.com RegisterReporting by David Shepardson; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

Most luxury brands could theoretically stop marketing since they can’t produce goods fast enough to meet current demand, but smart marketers are spending more to build long-term equity, Mr. Sproule said. “There’s no filtering, it’s direct-to-consumer, and we think that’s how consumers want to hear from luxury brands,” said Jeff Curry, vice president of marketing, communications and product, in describing Lucid’s marketing strategy. About 300 people who preordered the $300,000 Aston Martin 2022 V12 Vantage sports car attended dinner at the company's main factory in May. Executives said these events for existing customers and even paid events double as marketing functions, because they have the potential to raise luxury brands’ profiles among wealthy consumers. Separately, Aston Martin held a black-tie dinner for people who purchased the 2022 edition of its V12 Vantage sports car.

☆ Marriott Bonvoy Boundless card review: 100,000 bonus points, an anniversary free night certificate, and new benefits for a reasonable annual fee
▼ + stars: | 2022-07-22 | by ( Holly Johnson | Jasmin Baron | Freelance Writer | ) www.businessinsider.com time to read: +32 min

Earn up to 17X total points per $1 spent at over 7,000 hotels participating in Marriott Bonvoy® with the Marriott Bonvoy Boundless® Card. Automatic Marriott Bonvoy Silver elite statusYou'll receive automatic Silver elite status in the Marriott Bonvoy loyalty program just for being a cardholder. Within the past 90 days, you've been approved for the Marriott Bonvoy Business® American Express® Card, Marriott Bonvoy Brilliant™ American Express® Card, or Marriott Bonvoy Bevy™ American Express® Card. Within the past 24 months, you've earned a welcome bonus/upgrade bonus for the Marriott Bonvoy Business® American Express® Card, Marriott Bonvoy Brilliant™ American Express® Card, Marriott Bonvoy Bevy™ American Express® Card. The Marriott Bonvoy Bold® Credit Card is a no-annual-fee Marriott credit card.

You can earn Marriott points from paid stays, co-branded credit cards, or flexible points transfers. How to earn Marriott pointsEarn points from Marriott Bonvoy hotel staysThere are plenty of different ways to earn Marriott points, but let's start with the most simple one: earning points on hotel stays. Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. Award can be used for one night (redemption level at or under 85,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy®. Awards can be used for one night (redemption level at or under 35,000 Marriott Bonvoy® points) at hotels participating in Marriott Bonvoy®.

☆ 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.

☆ Marriott Bonvoy Brilliant card review: An excellent premium card for Marriott loyalists with a 150,000-point bonus and refreshed benefits, including Platinum elite status
▼ + stars: | 2022-06-24 | by ( Jasmin Baron | Read More | Read Less | ) www.businessinsider.com time to read: +45 min

Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. Award can be used for one night (redemption level at or under 85,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy®. Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. Read our review Read Our Review A looong arrow, pointing rightMarriott Bonvoy Brilliant card fees and costsThe Marriott Bonvoy Brilliant™ American Express® Card has a $650 annual fee. There are also two new mid-range Marriott cards to consider (Marriott Bonvoy Bountiful™ Card and Marriott Bonvoy Bevy™ American Express® Card) which both have a $250 annual fee).

☆ 9 things to do once you get the Marriott Bonvoy Brilliant Amex to enjoy benefits like free hotel status and over $400 in statement credits
▼ + stars: | 2022-06-23 | by ( Ariana Arghandewal | Jasmin Baron | Read More | ) www.businessinsider.com time to read: +20 min

Marriott BonvoyIf you stay with Marriott frequently, the Marriott Bonvoy Brilliant™ American Express® Card is worth considering. Here are nine things to do when you get a Marriott Bonvoy Brilliant™ American Express® Card to make sure you're getting maximum value from the card. Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. Award can be used for one night (redemption level at or under 85,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy®. Read up on your Marriott Bonvoy Brilliant card benefitsThe Marriott Bonvoy Brilliant™ American Express® Card comes with several travel protections that can come in handy.

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