Posted by William Charles on December 7, 2018
Recaps

Published on December 7th, 2018 | by William Charles

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Recap: Another Premium Hotel Leaves SPG, Lyft IPO & More

 

Deals expiring at the end of today or starting today (view the full deal calendar here):

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Frank

Hard to say what Uber is worth without seeing some financials. No one thinks about their international presence and how they own stakes in their “competitors” in those markets. Sure you can argue the reported US losses don’t look great but Google rolling out Waymo One shows that driverless taxi’s aren’t far away. If drivers keep 80% of the fare, then there are huge gains from replacing them.

Joe
Joe

Even as a computer programmer I’m not chomping at the bit to get in a driverless taxi… especially if I’m not getting a share of the huge gains from replacing drivers.

Justin
Justin

As someone who Ubers at least semi-regularly, I’m really looking forward to it. I don’t see how it can be worse than the human drivers.

Elmer
Elmer

It wasn’t a Marriott data breach – it was an SPG data breach. It actually didn’t effect legacy Marriott customers, only legacy SPG customers. It didn’t effect Marriott customers that joined after the merger; just legacy SPG customers. Yes, Marriott inherited it and didn’t catch it, but it was an SPG breach. Call it what it is. Of course, in the eyes of the SPG fangirls, everything is the fault of the Marriott devil.

Patrick
Patrick

Do you have a post on how hotels joining networks like SPG/Marriott works? I didn’t realize it was based on contracts. Are these the ones they lump into ‘luxury’ or ‘design hotels’ collections? Just interested in this space.

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