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Marriott posts quarterly profit on travel recovery

Marriott posts quarterly profit on travel recovery
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Marriott posts quarterly profit on travel recovery - Netscape Money & Business

Marriott posts quarterly profit on travel recovery - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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ICO issued more than £40m in data breach fines in 2020


The ICO had stated their intention to fine the airline £183m following a cyberattack in 2018 which saw half a million customers details harvested by hackers.
But that was reduced to £20m because of the impact of the COVID-19 pandemic, with an investigation finding that BA had breached the DPA because it was processing a significant amount of personal data without adequate security measures in place .
A total of 17 penalties were issued last year according to official figures in the ICO s work to recover fines report.
The second largest fine, £18.4m, was handed out to Marriott International Inc on October 30, also for a breach of the DPA. ....

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Marriott appoints Tony Capuano as CEO


The Globe and Mail
BETHESDA, Md.
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Marriott International named a new CEO and a new president Tuesday, a little more than a week after its former leader died of cancer.
Marriott said Anthony “Tony” Capuano has been appointed CEO. Capuano, 55, joined the hotel company in 1995 and most recently served as group president of global development, design and operations services.
Stephanie Linnartz will serve as Marriott’s president. Linnartz, 52, joined Marriott in 1997 and most recently served as group president of consumer operations, technology and emerging businesses. ....

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Marriott names Tony Capuano CEO


By Reuters Staff
2 Min Read
FILE PHOTO: A Marriott flag hangs at the entrance of the New York Marriott Downtown hotel in Manhattan, New York November 16, 2015. REUTERS/Andrew Kelly
(Reuters) - Marriott International Inc on Tuesday named Tony Capuano as its chief executive officer, tasking the 25-year veteran of the world’s largest hotel chain with charting a path out of the industry’s worst crisis.
Capuano succeeds Arne Sorenson, who died last week after a battle with pancreatic cancer and during whose tenure Marriott struck a $12.2 billion deal to buy Starwood Hotels & Resorts Worldwide Inc.
Capuano, who most recently headed the company’s U.S. and Canada lodging business, takes the reins at a time when the COVID-19 pandemic has decimated travel demand, pushing Marriott to its first full-year loss in more than a decade. ....

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