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Slight Room for Employment Improvement Remains

Although the U.S. labor market is vastly improved, with the national unemployment rate holding steady at or below 5 percent since October, Federal Reserve Chair Janet Yellen said some slack remains even as the jobless rates hovers near the maximum ...

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Airbnb Sounds Off on Tax Issues

This week, Airbnb wrote to AH&LA President Katherine Lugar to refute reports claiming that the homesharing company is trying to avoid taxes in top markets. However, the letter did not address Airbnb’s share of revenue generated by multi-unit or full-time ...

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Marriott, Starwood Stockholders Approve Merger

Marriott, Starwood Stockholders Approve Merger

BETHESDA, M.D. and Stamford, Conn.—Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. announced that at separate special stockholder meetings today the stockholders of both companies approved proposals relating to Marriott’s acquisition of Starwood, which will create the world’s ...

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Hilton, Marriott Rewards Rank Highest for Member Satisfaction

Hilton, Marriott Rewards Rank Highest for Member Satisfaction

COSTA MESA, Calif.—As the competition among hotel loyalty/rewards programs continues to heat up, hotel chains having multiple brands, wide distribution networks and diverse partnerships demonstrate distinct advantages in satisfying their members, according to the J.D. Power 2016 Hotel Loyalty/Rewards Program ...

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