5 things to know: 21 November 2017
5 things to know: 21 November 2017
21 NOVEMBER 2017 10:04 AM

From the desks of the Hotel News Now editorial staff:

  • Marriott and Airbnb publicly clash
  • Dalian Wanda acknowledges strategic review
  • Some tips for dealing with post-disaster insurance
  • MGM faces suit tied to Las Vegas mass shooting
  • Bringing vinyl into the guestroom

Marriott and Airbnb publicly clash: Shortly after Marriott International President and CEO Arne Sorenson claimed Airbnb is “spending a lot of money on government affairs, and they’re playing pretty aggressive,” Airbnb officials sent a letter to Marriott officials claiming the hotel industry has a “habit of taking billions of dollars from taxpayers to subsidize the construction and operation of your hotels,” according to a report from CNBC.

The news outlet writes “the hotel industry has long claimed that Airbnb skirts laws around taxes and real estate use, while Airbnb has said that hotels are doing everything in their power to protect their turf at the expense of consumers and taxpayers.”

Dalian Wanda acknowledges strategic review: While denying reports the company is close to a deal to unload $5 billion in assets, officials with Dalian Wanda Group acknowledged they are undergoing a strategic review of international assets, according to Reuters. Company officials stated they will “consider any business opportunities which can create value for shareholders.”

The company is one of several in China hampered by tighter restrictions on outbound capital, along with Anbang Insurance Group and HNA Group.

Some tips for dealing with post-disaster insurance: Hoteliers need to be careful in navigating loss-of-business claims, writes Hotel News Now’s Bryan Wroten in a look at some of the ins and outs of dealing with insurance following natural disasters.

“Most polices have some level of business-interruption coverage, especially in the hotel business,” Linda Kornfeld, vice chair of the insurance recovery group at Blank Rome, said. “The impact on profits, on business income, from natural disasters can be more significant than on the cost to fix physical damage. If an entity in the hospitality industry doesn’t have business-interruption coverage, it would be necessary to have going forward.”

MGM faces suit tied to Las Vegas mass shooting: MGM Resorts International is the target of a new lawsuit filed in Los Angeles, claiming to represent more than 450 victims affected by the 1 October mass shooting, The Associated Press reports.

The suit claims negligence by MGM, which owns both the Mandalay Bay resort where shooter Stephen Paddock was located and the concert venue where shots rained down during the Route 91 Harvest Festival. Lawyers believe they can show the shooting could have been avoided “if hotel and corporate officials followed hotel weapon possession policies already in place and implemented recent safety recommendations.”

The Associated Press reports MGM officials said they “won’t litigate shooting lawsuits in the media.”

Bringing vinyl into the guestroom: Here’s a look at a relatively unique hotel amenity. The New York Times reports The Goodland, a 158-room property in Goleta, California, seeks to differentiate itself by having turntables and collections of records in room for guests to enjoy.

The newspaper also reports the hotel has what is essentially a record library in its lobby—called the “Vnyl Record Shop”—with 250 albums to choose from.

“Almost everyone who stays here comments on how much they love the players,” a guest said, according to the newspaper. “For our younger clients, they’re a new discovery and for our older ones, they’re a throwback to the past.”

Compiled by Sean McCracken.

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.