Author Topic: Dan quoted in Bloomberg  (Read 2956 times)

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Offline Dan

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Re: Dan quoted in Bloomberg
« Reply #1 on: August 01, 2018, 12:19:19 PM »
That's all he took out of a 2 hour conversation  ::)
Can't believe he didn't cover the SPG AMEX devaluation.
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Re: Dan quoted in Bloomberg
« Reply #2 on: August 01, 2018, 12:30:09 PM »
That's all he took out of a 2 hour conversation  ::)
Can't believe he didn't cover the SPG AMEX devaluation.

I am guessing the entire world of SPG is foreign to the reporter. He doesn't even realize that for many the SPG points are actually used in order to transfer to airline miles, let alone understand the Nights+Flights packages.

He might have taken the SPG AMEX deval as just another little detail of devaluation, which doesn't make a big difference in the story to someone who isn't into this, yet accumulating points by buying coins from the US Mint and depositing them, is something totally different, that most people don't even realize is a way to accumulate points in hotel loyalty programs. That, and the ability to use those points to throw a baseball pitch in an important game.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

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Re: Dan quoted in Bloomberg
« Reply #3 on: August 01, 2018, 12:44:28 PM »


I am guessing the entire world of SPG is foreign to the reporter.

This.

He's breaking it down to the ppl that write checks instead of CCs..

Offline mochjas

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Re: Dan quoted in Bloomberg
« Reply #4 on: August 01, 2018, 01:26:01 PM »
Whats the deal with the Hot sheets?

Offline Dan

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Re: Dan quoted in Bloomberg
« Reply #5 on: August 01, 2018, 01:43:57 PM »
Whats the deal with the Hot sheets?
Beats me, not a term I've ever used. I said I negotiated day rates during the SPG and Hyatt FFN days.
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Re: Dan quoted in Bloomberg
« Reply #6 on: August 01, 2018, 01:58:49 PM »

This.

He's breaking it down to the ppl that write checks instead of CCs..
To us here at DDF this is a Credit Card related story more than a Hotel Loyalty story, hence the board it is on. But to the rest of the world this is a Hotel Loyalty Program, real-estate, transforming business in the digital age, and mega merger story.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

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Re: Dan quoted in Bloomberg
« Reply #7 on: August 01, 2018, 02:59:31 PM »
Oy
"Manufactured Spend

 
Think of it as money laundering but with free breakfasts. (This tactic is common but may be illegal in some cases.)
 
1. Acquire a co-branded hotel credit card that earns points.
 
2. Go to the nearest big-box store and buy gift cards with your card.
 
3. Use the gift cards to buy money orders.
 
4. Deposit the money orders and use the funds to pay down your credit card balance."
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

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Re: Dan quoted in Bloomberg
« Reply #8 on: August 01, 2018, 03:12:28 PM »
cringed when I read that

Oy
"Manufactured Spend

 
Think of it as money laundering but with free breakfasts. (This tactic is common but may be illegal in some cases.)
 
1. Acquire a co-branded hotel credit card that earns points.
 
2. Go to the nearest big-box store and buy gift cards with your card.
 
3. Use the gift cards to buy money orders.
 
4. Deposit the money orders and use the funds to pay down your credit card balance."

Offline Dan

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Re: Dan quoted in Bloomberg
« Reply #9 on: August 01, 2018, 03:13:22 PM »
I don't understand why he covered that but didn't cover the AMEX deval.
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Offline ChaimMoskowitz

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Re: Dan quoted in Bloomberg
« Reply #10 on: August 01, 2018, 04:46:47 PM »
Beats me, not a term I've ever used.
I hope not as one meaning is a motel by the hour for sexual encounters.  :)
I can just imagine what the sick-O's are thinking.  :-X
I just found a new supply of forks!

Offline @Yehuda

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Re: Dan quoted in Bloomberg
« Reply #11 on: August 01, 2018, 04:59:48 PM »
The title says this is about the fear of the merger... deval makes a lot of sense to cover.

I hope not as one meaning is a motel by the hour for sexual encounters.  :)
I can just imagine what the sick-O's are thinking.  :-X
That's what I thought... eep.

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Re: Dan quoted in Bloomberg
« Reply #12 on: August 01, 2018, 05:23:17 PM »
I just found a new supply of forks!

Offline 12HRS

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Re: Dan quoted in Bloomberg
« Reply #13 on: August 01, 2018, 11:59:59 PM »
I don't understand why he covered that but didn't cover the AMEX deval.

You need to pull an Elal and approve it first next time

Offline Dan

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Re: Dan quoted in Bloomberg
« Reply #14 on: August 02, 2018, 12:06:32 AM »
You need to pull an Elal and approve it first next time
None of the MSM allow that.
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