MICROS' cloud-based solution selected by Marriott Marriott (MAR) has expanded its partnership with MICROS Systems (MCRS) by selecting the cloud-based MICROS Simphony Enterprise Solution for its food and beverage operations for its Marriott brands in the U.S. and Canada. The MICROS Simphony Enterprise Solution will be hosted in a MICROS Data Center. The deployment will substantially conclude by the end of 2014.
Lodging cycle is not broken, says Credit Suisse Credit Suisse said the correction in the Lodging group has crated a buying opportunity in its best ideas, Marriott (MAR), Hilton (HLT) and La Quinta (LQ). The analyst said low supply growth, healthy corporate travel demand, and lower gasoline prices continue to support the lodging cycle.