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Attracting the Impulse Buyers of Travel

Traditional hotel chains have recently become focused on accommodating millennials who are more likely to take a vacation on impulse. Hotels have come to the conclusion that millennial travelers will be content with three things: customized experiences, digital accessibility, and applicable ...

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After Stockholder Vote, Marriott Considers Merging Loyalty Programs

Shareholders of Marriott International and Starwood Hotels & Resorts on Friday officially approved Marriott’s acquisition of Starwood—a significant milestone toward creating the world’s largest lodging company. Holders of more than 97 percent of Marriott shares and more than 95 percent of ...

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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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