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Chaos Computer Club forms in Germany. Ian Murphy, aka Captain Zap, was the first cracker to be tried and convicted as a felon. Murphy broke into AT&T's computers in 1981 and changed the internal clocks that metered billing rates. People were getting late-night discount rates when they called at midday.
Revenue management is a discipline to maximize profit by optimizing rate (ADR) and occupancy (Occ). In its day to day application the maximization of RevPAR (Revenue per Available Room) is paramount. For destinations with benchmark data available the maximization of RGI (Revenue Generated Index or RevPar Index) is the focus of this discipline.
Marriott is rolling out the policy globally, though most U.S. hotels currently have this policy in place. Marriott also saw great success in tapping existing employees for first-time manager roles.
Children. 2, including Bill Marriott. John Willard Marriott Sr. (September 17, 1900 – August 13, 1985) was an American entrepreneur and businessman. He was the founder of the Marriott Corporation (which became Marriott International in 1993), the parent company of the world's largest hospitality, hotel chains, and food services companies.
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Host Hotels & Resorts, Inc. Host Hotels & Resorts, Inc. is an American real estate investment trust that invests in hotels. As of December 31, 2023, the company owned 77 upscale hotels containing approximately 42,000 rooms in the United States, Brazil, and Canada. [1]
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