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Hyatt Is Building a Loyalty Moat. The Question Is Who's Paying for the Shovel. Your Pool Is Empty Six Hours a Day. Someone Else Will Sell Tickets to It. Airbnb's New AI Lab Isn't About Chatbots. It's About Making Your Distribution Invisible. Hyatt Has Four Hotels Where Competitors Have 14. HSBC Thinks That's a Buy Signal. Barry Diller Says AI Won't Replace Humans. He's Right. But That's Not the Point. Four Seasons Tianjin Built a Slide Into a Giant Book. Here's Why That's Smarter Than It Looks. The Primm Family Has Zero Debt and 568 Acres. They Need a Partner by July 4. Hyatt Is Building a Loyalty Moat. The Question Is Who's Paying for the Shovel. Your Pool Is Empty Six Hours a Day. Someone Else Will Sell Tickets to It. Airbnb's New AI Lab Isn't About Chatbots. It's About Making Your Distribution Invisible. Hyatt Has Four Hotels Where Competitors Have 14. HSBC Thinks That's a Buy Signal. Barry Diller Says AI Won't Replace Humans. He's Right. But That's Not the Point. Four Seasons Tianjin Built a Slide Into a Giant Book. Here's Why That's Smarter Than It Looks. The Primm Family Has Zero Debt and 568 Acres. They Need a Partner by July 4.

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Marginal Cost Economics

1 story · First covered Jun 4, 2026 · Latest 1d ago

Marginal Cost Economics Coverage

Marriott's Day-Pass Deal With ResortPass Sounds Like Free Money. It's Not.

Brands

1d ago

Marriott's Day-Pass Deal With ResortPass Sounds Like Free Money. It's Not.

Marriott just signed a global agreement to let non-guests buy access to hotel pools, spas, and fitness centers through ResortPass. The brand gets a new revenue narrative for investors, but the owner holding the maintenance bill and the GM managing the pool deck are doing very different math.

EV

Elena Voss 4 min read · 1d ago