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Covid Slashes French Hotel Giant Accor Earnings, 1000 Jobs
Covid is an ongoing earthquake for the global hospitality industry. In one of the latest tolls of the crisis, French hospitality giant AccorHotels says it will be forced to...
17 minutes ago - Forbes - 4 articles
Choice Hotels International Reports 2020 Second Quarter Results
Domestic systemwide revenue per available room declined 49.6% for second quarter 2020 compared to the same period of the prior year, outperforming the total industry by 2,030...
27 minutes ago - Hotel News Resource - 2 articles
NextGuest Product Spotlight: FleXi
Ancillary revenues are an important part of the hotel industry and according to Skift, it represents a $4B opportunity for hotels. However, hotels have traditionally had to...
1 hour ago - Hotel News Resource
A 20-year-old who brought in half a million dollars in sneaker sales this year reveals why now is the best time to break into the exploding market and how to do it correctly
Gautam Malik has brought in half a million dollars in sneaker sales in 2020 so far, according to documentation confirming his sales total from his accountant. The 20-year-old...
1 hour ago - Business Insider - 2 articles
SMIC will play a foundational role in the development of China's tech sector
SMIC needs to develop 7nm foundry capabilities to help China-based companies fill the void left by TSMC and Samsung. But even with government support, SMIC faces a significant...
1 hour ago - Business Insider
Current is rolling out a rewards program for its debit card
US neobank Current is rolling out a rewards program for its debit card. The rewards program will enable Current's checking account users to earn points on debit card purchases...
1 hour ago - Business Insider
Bank of America has made at least 45 hires this year for an aggressive push into a red-hot wealth business where rival Morgan Stanley has a head start
Bank of America is building out a team of specialists with an eye on pushing further into the competitive world of benefits offerings for other companies' employees. This year...
1 hour ago - Business Insider
Square's Cash App counted more than 30 million users in June
Square's gross payments volume fell 15% annually in Q2 due to impacts of the coronavirus pandemic. Its Cash App thrived and now claims 30 million users, helping Square still...
1 hour ago - Business Insider
WATCH: 2 YouTube creators explain how they've adapted their businesses during the pandemic and how they got their starts as influencers
In this Business Insider webinar, YouTube creators and influencers Katy Bellotte and Ruby Asabor walked us through how they built their businesses using social media. They also...
1 hour ago - Business Insider - 5 articles
Capsolve Announces Enhanced Research Program and Industry Services
Restaurant software and technology buyers now have six free research reports in addition to Capsolve's standard research.
1 hour ago - Hotel News Resource
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HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
Google's first foldable Pixel phone is reportedly coming late next year...
Google is reportedly planning to release its first foldable Pixel phone in the fourth quarter of 2021, according to a report from 9to5Google citing an internal company...
U.S. Hotel Occupancy Continues Slight Upward Trend for Week Ending August 1st
U.S. hotel occupancy declined 34.5% to 48.9% during the week of 26 July to 1 August. ADR fell 25.3% to $100.04 and RevPAR dropped 51.1% to $48.96.
Blue Shield of California and startup Cricket Health are teaming up to use...
Artificial intelligence could help reshape how doctor's aim to treat and diagnose patients, ultimately lowering healthcare costs and improving outcomes. That's the goal of a...
Biden will spend a record $280 million on ads, with 20% going to digital
Joe Biden announced a planned $280 million in ad buys, with 20% going to digital. This is in line with our pre-pandemic predictions that digital political ad spend would...
Apple 27-inch iMac review
At its first virtual World Wide Developers Conference back in June, Apple unveiled a huge piece of news about the future of the Mac. After years of rumors, the company finally...
UK fintech startup Starling Bank triples customer deposits in 9 months and...
London-based challenger bank Starling Bank has added half a million customers since November 2019 and is planning to break even by the end of this year, it said in its 2019...
High-flyer Fastly plunges 21% despite earnings beat after CEO reveals TikTok...
High-flying Fastly plunged as much as 21% on Thursday despite reporting second quarter earnings that beat estimates and raising guidance. Fastly has seen a surge in business...
How the CEO of Hint water capitalized on the race to stock up on essential...
Hint, the San Francisco beverage startup, took a substantial hit to its corporate food service business when tech titans closed campuses and sent workers home amid COVID-19...
NY Fed Q2 Report: "Total Household Debt Decreased in Q2 2020, Marking First...
From the NY Fed: Total Household Debt Decreased in Q2 2020, Marking First Decline Since 2014 The Federal Reserve Bank of New York's Center for Microeconomic Data today issued...
Bank of England says economy will take time to heal
LONDON - The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even...