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Marriott Cuts Jobs, Sends Thousands On Furlough, CEO Calls Coronavirus Worse Than 9/11
Sunday, March 22, 2020 - 11:11pm | 455Read More...Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. Marriott International Inc. (NASDAQ: MAR) and other hotel owners are sending thousands of staff on furlough or cutting jobs entirely due to the...
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Billionaire Real Estate Mogul: Airbnb Will Lead To Hospitality Industry Consolidation
Tuesday, July 7, 2015 - 9:56am | 321Read More...Airbnb, a startup that allows individuals to rent rooms in their homes, will soon close a $1 billion funding round at a $24 billion valuation. Its meteoric rise in popularity – both from consumers and investors – has turned the hospitality industry on its head. Now, billionaire real...
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Hilton Worldwide Going Public? (BX)
Wednesday, April 20, 2011 - 11:53am | 61Read More...It is being reported that renowned hotel chain Hilton Worldwide may be planning a public offering for later this year. The company was purchased by private-equity powerhouse Blackstone Group (NYSE: BX) for $26 billion dollars in 2007 in an effort to boost its real estate fund. The news has...
