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New US CIO appointments, August 2023

CIO Business Intelligence

Jeff Knowlton named CIO for Sonesta International Hotels James Knowlton, Sonesta Sonesta Sonesta International Hotels is a hotel management company with over 280 properties in eight countries. Prior to Pursuit Collection, he held roles at Sage Hospitality, Vail Resorts, and Marcus Hotels & Resorts.

Hotels 76
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Airbnb valued at $100 billion following blockbuster IPO — equivalent of more than five Expedias

GeekWire

billion — a mind-boggling figure that the newspaper said is greater than Marriott, Hyatt Hotels and Hilton Worldwide Holdings combined. Meanwhile, its net loss more than doubled to $696 million for the first nine months of this year, sparked in part by the decline in the travel business due to COVID-19. That compared to $3.6

Travel 98
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Airbnb lost millions in revenue due to the coronavirus, IPO filing reveals

The Verge

The company has seen annual net losses every year since its launch and says it may not be able to achieve profitability. It went from a net loss of $70 million in 2017 to a net loss of $674.3 For the nine months ending on September 30th, it saw a net loss of $696.9 million in 2019, on revenue of $4.81

Travel 88
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Airbnb files for IPO with future of travel uncertain; Expedia Group listed as competitor in prospectus

GeekWire

billion in revenue through the first nine months of 2020, down 32% year-over-year, with a net loss of nearly $700 million, growing from $322 million in the year-ago period. The company did post net income of $219 million in the third quarter. The company’s IPO prospectus shows $2.5

Travel 128
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3 years after Sprint merger, T-Mobile employs 9k fewer people, insists it upheld pledge on jobs

GeekWire

House Judiciary Committee antitrust subcommittee hearing, in between playing along with legislators’ jokes about his magenta sneakers, and putting up with questions about his stays at the Trump International Hotel in Washington, D.C. If I could be so bold, it seems there’s also a lesson for our elected representatives here.

Mobile 119
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Some things Jeff Bezos can do with his $193 billion

The Verge

Forbes pegs his net worth around $193.2 For instance, last year, Bezos’ ex-wife, Mackenzie Scott, gave away $4 billion in four months — and her net worth is only a paltry $60 billion by comparison. (He His solution is increased wages and social safety net programs. That’s more money than most people’s brains can process!

.Net 128
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Rackspace’s CTO takes a broad view of sustainability

CIO Business Intelligence

In April 2023, Koushik received one of the organization’s SustainableIT Impact Awards for environmental impact, alongside Choice Hotels’ CIO Brian Kirkland and others. Hyperscalers provide tools that allow customers to calculate their impact, and they’ve made some aggressive net zero commitments, Koushik says.