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...That is in line with Choice and Marriott International. Wyndham’s management is right to play hard to get. Any deal would probably attract antitrust scrutiny....
...In 2014 Burger King, soon to be renamed Restaurant Brands International, bought Canada’s beloved Tim Hortons for nearly $12bn, including $3bn of financing from Warren Buffett’s Berkshire Hathaway....
...Sales at RBI’s other big division Tim Hortons, the Canadian coffee chain, have rebounded nicely. RBI’s net debt of $12.2bn, equal to about 5.1 times adjusted ebitda, is very high....
...Marriott International, the world’s biggest hotel company by room numbers, is the relative outperformer, falling just 4 per cent....
...A version of this article was first published by Nikkei Asia on May 12. ©2022 Nikkei Inc. All rights reserved....
...“You simply should not be able to book a room on points — which is a room Marriott International is paying for — in Russia today, and yet with a few taps on the Bonvoy app, you can do just that,” said Gary...
...Hackers see international hotel chains, which process a huge volume of transactions, as easy pickings....
...Luno has partnered with Mazars, a leading international audit, tax and advisory firm, to conduct the Q2 Proof of Reserves audit....
...and Popeyes, three fast food and coffee chains that are under the Restaurant Brands International holding group....
...Marriott International CEO Tony Capuano, Johnson & Johnson executive Jennifer Taubert and Salesforce finance chief Amy Weaver will join the board in October....
...And the cause is the knotty subject of returning works of art that have been on international loan....
...Marriott, the world’s largest hotel company, has about 10,000 vacancies at its 600 managed hotels across the US....
...India’s Mahindra Group told investors this week that international business travellers might be few and far between but locals were combining work with holidays: “bleisure, business-cum-leisure, or what...
...Schwartz was responsible for turning round Burger King and later growing the Restaurant Brands International holding group, which also includes the coffee chain Tim Hortons and the fast-food chain Popeyes...
...His mother was a Time Inc executive, and his father a Washington diplomat who worked for the US Agency for International Development....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...“Arne was an exceptional executive — but more than that — he was an exceptional human being,” said Bill Marriott Jr, Marriott’s executive chairman....
...Both joined Marriott in the mid-1990s. The announcement comes at a difficult time for Marriott, the world’s largest hotel operator, as it battles to recover from the coronavirus pandemic....
...“The local art scene needs to come together through this challenging period” and get a “head start” for future international editions, she says....
...There was a March release date given for Gran Turismo 7 and the unfortunate slippage of Grand Theft Auto V from November to March. Axios has more....
...A 42 per cent collapse in net income to $96m in 2020 also looks less grim when compared to the net losses reported by bigger chains such as Marriott International and Hilton Worldwide....
...International....
...“Our international price of just under $10 per dose is the same for all markets.” Sputnik V recipients require two doses, meaning the cost per individual is just under $20....
...“Amsterdam is becoming the international stock exchange for Europe.”...
...Automation an automatic choiceJapan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
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