Hotels Sector

Genting Malaysia asks employees to accept reduced pay; executives to take leave without pay

Genting Malaysia asks employees to accept reduced pay; executives to take leave without pay

Gaming & hospitality giant Genting Malaysia has confirmed that it has asked its employees to agree to a temporary reduction in salary, while some executives have also been asked to take one day off each week without pay.

Starwood Hotels & Resorts Worldwide Inc’s Shares Dip 2.51 Percent

Starwood Hotels & Resorts Worldwide Inc’s Shares Dip 2.51 Percent

In the past week Marriott International announced that it will buy Starwood Hotels & Resorts Worldwide in a $12.2 billion stock and cash deal. The deal will create the world's largest hotel business with the joint companies operating or franchise 5,500 hotels. That in terms of rooms will number to almost 1.1 million with the company spanning over hundred countries. Starwood, has eleven hotels in Britain.

Trump Organization Examining Possible Credit and Debit Card Breach

Trump Organization Examining Possible Credit and Debit Card Breach The latest victim to make news for a credit and debit card security breach was the hotel business owned by Donald Trump. 

Brookfield Asset Management Drops the Idea of Buying Revel casino

Brookfield Asset Management Drops the Idea of Buying Revel casinoOn Wednesday, Andrew Willis, a company spokesman said that Brookfield Asset Management backed out from the plan of Buying Atlantic City's Revel Hotel Casino for an amount of $110 million.

Sahara Gets a $2bn Offer from the Sultan of Brunei for Its Hotels in NY and London

Sahara Gets a $2bn Offer from the Sultan of Brunei for Its Hotels in NY and LondonOn Saturday it was reported by media sources that the Hassanal Bolkiah the Sultan of Brunei has made an offer for Plaza Hotel, and the Dream Hotel in New York as well as the Grosvenor House hotel in London.

Starwood’s updated SPG app allows guests to bypass reception; doubles up as hotel room key

Starwood’s updated SPG app allows guests to bypass reception; doubles up as hotel room keyThe Starwood Hotels and Resorts' Aloft locations in Manhattan and Silicon Valley are testing an updated version of the hotel's existing Starwood Preferred Guest (SPG) app, which brings on a new feature that allows guests to book rooms and check-in online.

Pages

Advertisements