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Kauai expanding resort bubbles; 10 reasons to visit Timbers Resort in Hawaii


Kauai expanding resort bubbles; 10 reasons to visit Timbers Resort in Hawaii
Feb 19, 2021
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Editor’s note: Timbers Kauai Ocean Club and Residences provided complimentary accommodations to TPG in order to test its resort bubble, but all opinions expressed below are the author’s.
Big news out of Hawaii where the island of Kauai has agreed to a plan to dramatically expand at least one of the island’s “resort bubbles.” Timbers Kauai Ocean Club and Residences sponsored TPG to try out the new “resort bubbles” on the island. I stayed back in January to test out the three-day quarantine, and boy was I shocked. I was expecting to be mostly confined to my room, but I was instead allowed to roam all 450 acres ....

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Are Hotels Price Gouging During Historic Texas Snow Storms? (VIDEO)


February 17, 2021
SHOW TRANSCRIPT
“I have never, in my 27 years that I have grown up in Texas, ever experienced something like this. This is completely new to me. It s a little bit nerve-wracking,” Areli Gonzalez said. 
No power and no heat. That’s what millions of Texans are facing as a historic winter storm grips the state.
And now there are concerns hotels are jacking up prices as people look to escape the cold. 
“We got the room at the price it was supposed to be booked at. But I did hear about [price gouging]. And it honestly made me completely upset at the fact that there are health care workers that need to get to work safely to be able to take care of people, and if they re price gouging, that s completely unfair,” Gonzalez said.  ....

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Marriott International Inc. Q4 adjusted earnings of $0.12 per share

BETHESDA (dpa-AFX) - Below are the earnings highlights for Marriott International Inc. (MAR):-Earnings: -$164 million in Q4 vs. $279 million in the same period last year. -EPS: -$0.50 in Q4 ....

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Marriott Says Adds Nearly 63000 Rooms Globally During 2020


Marriott Says Adds Nearly 63000 Rooms Globally During 2020
BETHESDA (dpa-AFX) - While reporting its financial results for the fourth quarter on Thursday, Marriott International Inc. (MAR) said it expects that COVID-19 will continue to be material to its results. However, the company did not provide any outlook, citing the numerous uncertainties associated with COVID-19.
Marriott said it added nearly 63,000 rooms globally during 2020, including more than 28,000 rooms in international markets and a total of roughly 8,100 conversion rooms. Net rooms grew 3.1 percent from year-end 2019.
The company noted that at year end, its worldwide development pipeline totaled nearly 2,900 properties and more than 498,000 rooms, with 46 percent of those rooms under construction. ....

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