External Articles

Frits van Paasschen applies healthy lifestyle to Starwood Hotels; looks to win luxury market | theprovince.com

Frits van Paasschen is standing with his bike on the edge of Central Park. It's a brisk autumn morning. The city has yet to fully wake but he's eager to ride. The CEO of Starwood Hotels & Resorts — best known for brands like Sheraton, Westin, St. Regis and W — exercises six days a week no matter where he is in the world. These are not light workouts. Van Paasschen, 52, just completed his first Ironman triathlon — 2.4 miles of swimming, 112 miles of cycling, and a 26.2-mile run. It took 12 hours and 44 minutes.

Should Tipping Be Banned? Freakonomics Radio Podcast

Freakonomics latest podcast is called “Should Tipping Be Banned?” As we all know, the practice of tipping can be awkward, random, and confusing. This episode tries to offer some clarity. At its center is Cornell professor Michael Lynn, who has written 51 academic papers on tipping. Because Lynn has largely built his career around tipping, it came as a bit of a surprise when Stephen Dubner asked him what he would change about the practice...

Why Hotels Aren’t Making a Killing on Fees Like the Airlines | time.com

Love it or hate it, the fee-based business model appears to be here to stay for airlines. But the hotel business is a different story. Airlines, as even casual fliers are well aware, have been piling on fees for years. U.S. carriers collected more than $6 billion in baggage and reservation change fees last year, an all-time high. For a particularly fee-crazy carrier such as Spirit Airlines, roughly one-third of revenues come from fees—seat reservations, carryon and checked luggage, bottled water—rather than money paid strictly for flights. To some extent, the hotel industry has followed the airlines down the path to a more fee-centered, nickel-and-dime business model. In 2012, guests at U.S. hotels paid nearly $2 billion in fees.