HOSPITALITY

A deal between Marriott International and Host Hotels & Resorts to renovate several of Host’s flagship Marriott properties covers a total of 17 hotels and should increase both the owner’s and manager’s profits for the hotels, Marriott CEO Arne Sorenson said Tuesday. Host CEO Jim Risoleo told analysts Friday on its third quarter earnings call that the deal covered the renovation of the San Francisco Marriott Marquis that’s already underway, as well as the New York Marriott Marquis, the Boston Marriott Copley Place, the Orlando World Center Marriott and the Ritz-Carlton Amelia Island in Florida. Read more at the Baltimore Business Journal.

 

STARTUPS

The Winners of Salisbury University’s Shore Hatchery Entrepreneurship Competition

Entrepreneurs looking to build companies in Baltimore stood out on the Eastern Shore last week. On October 26, a group of startups competed in Salisbury University’s latest Shore Hatchery entrepreneurship competition. The 11th round of the event supported by the Philip E. and Carole R. Ratcliffe Foundation drew 13 entrants from around the region, and awarded $92,000 in winnings. Read more at Technical.ly Baltimore.

 

EMPLOYMENT

D.C. & Baltimore Unemployment Down in September

Unemployment rates in September fell in 308 of the nation’s 388 metropolitan areas, with the jobless rate lower in both the D.C. region and Baltimore. The Labor Department’s Bureau of Labor Statistics says the unemployment rate in the D.C. metro area in September was 3.3 percent, below the national average of 3.7 percent, and down from 3.5 percent in August. Baltimore’s September unemployment rate was 4.0 percent, down from 4.4 percent in August. Read more at Washington’s Top News.

 

TECHNOLOGY

ThreatQuotient Partners with Via on Payment Data Security

ThreatQuotient is partnering with Visa to help customers detect and protect against cyberattacks involving payment data, according to the companies. ThreatQuotient’s ThreatQ threat intelligence platform will integrate data from Visa Threat Intelligence to provide retail organizations with the capabilities needed to identify breaches in advance and provide help on how to prevent future breaches on card fraud. Read more at Technical.ly DC.