Spinnerette. Anagram Challenge: 08.27.24

+3.88 CHG x 2 companies

LIN + NOW

Deciphered

OWL INN

Today’s Spinnerette.Anagram is intended to cover the Industry of Hospitality, but I also thought it would be interesting to include a little information about the iconography of Owls, too.

In reviewing the iconography of Owls, I found that they have several meanings. Some cultures view the owl as a symbol for Wisdom & Knowledge. For instance, the Greek goddess Athena is shown with an owl representing intelligence and insight. Furthermore, owls are nocturnal creatures, often associated with the night and the mysteries it holds. They have the ability to see in the dark which has led to their symbolism of intuition and the unseen. They are seen as messengers or omens, particularly related to change, death and the transition between life and the after life. In certain Native American traditions, owls are viewed as protectors and guardians. They are often seen as spiritual guides that can help navigate through unknown territories.

Clearly, it is easy to understand how the image of an Owl could become an icon for hospitality.

A DADDY LONGLEGS: Whenever I see the opportunity to point out additional anagrams with my game, I take it. This particular anagram is from the word Owls which is a common term used in the Stock Market known as LOWS. It also spells SLOW; It makes me wonder which word came first! The answer is Owls!

First of all, Yes, there are Owl Inns. While they may not be as widely recognized as a Marriott, Hilton or Hyatt, the Owl Inn is a name that has been used by various establishments, often as a charming or whimsical name for a bed and breakfast or a small hotel.

A brief history of Hospitality:

The concept of hospitality dates back thousands of years, with its roots in ancient civilizations. While it's difficult to pinpoint an exact beginning, hospitality practices can be traced to ancient Mesopotamia around 3000 BCE, where inns were established for travelers. In ancient Greece and Rome, hospitality was considered a sacred duty, often linked to the gods. The Greeks had a term, "xenia," which described the bond of hospitality between a host and a guest. Similarly, in ancient Rome, the practice of welcoming travelers into one’s home was a valued social norm. Throughout history, hospitality evolved, but its core principle of welcoming and caring for guests has remained a constant theme.

STOCK MARKET WEAVER: The top 3 hospitality companies trading on the Stock Exchange are:

1. Marriott International, Inc. (MAR): One of the largest hotel chains in the world, Marriott operates a wide range of hotel brands across various market segments, including luxury, premium, and Marriott International, Inc. Its history dates back to 1927 when J. Willard Marriott and his wife, Alice Marriott, opened a root beer stand in Washington, D.C. This small venture eventually expanded into a successful restaurant business called the "Hot Shoppes," which offered a variety of food items beyond root beer. They incorporated as the Marriott Corporation and went public in 1953. The first Marriott hotel, the Twin Bridges Motor Hotel, opened in Arlington, Virginia, in 1957, marking the company's entry into the lodging industry. This hotel was notable for its modern amenities and innovative design. During the 1990’s Marriott began its expansion internationally after purchasing the Ritz-Carlton hotel chain. Today, Marriott’s global portfolio continues its growth building its empire through hotel acquisitions. The company is headquartered in Bethesda, MD and trades on the NASDAQ.

Revenue is over $25 BILLION and employs approx. 418,000.

2. Hilton Worldwide Holdings Inc. (HLT): Hilton trades on the NYSE. The company operates a diverse portfolio of hotels and resorts that is headquartered in McLean, VA The company is known for its commitment to customer service and quality that dates back to the early 20th century. The Hilton Hotels were founded by Conrad Hilton, who opened his first hotel, the Mobley Hotel, in Cisco, Texas, in 1919. The hotel was a modest operation, but it marked the beginning of Hilton's journey into the hospitality business. Over the next decade, Hilton expanded his hotel operations, acquiring additional properties. In 1925, he opened the first hotel to bear the Hilton name, the Hilton Hotel in Dallas, Texas. This hotel set new standards for luxury and service.

During World War II, the Hilton hotels served as lodging for military personnel. After the war, Hilton became the first major hotel chain to be listed on the New York Stock Exchange, and the company began to grow rapidly. The 1950s marked a significant era for Hilton, as the company began to expand internationally. The first Hilton hotel outside the United States opened in Puerto Rico in 1949. Also to note, Hilton introduced the concept of the airport hotel with the opening of the first Hilton Hotel near an airport in 1967. Hilton continues its global footprint as an innovative Hospitality Industry.

Hilton’s revenue is over $11 BILLION and employs approx. 178,000.

3. Hyatt Hotels Corporation (H): Hyatt is a global hospitality company that manages, franchises, owns, and develops hotels and resorts across the world, with a focus on providing a high-quality guest experience. Hyatt Hotels are known for luxury and upscale accommodations. The history of Hyatt is marked by growth, innovation, and a commitment to providing exceptional guest experiences.

Hyatt was founded by Jay Pritzker and his brother Donald Pritzker. The first Hyatt hotel, the Hyatt House, opened in 1957 near the Los Angeles International Airport. Initially designed to cater to airline crews, the hotel quickly gained popularity for its quality service and comfortable accommodations. Throughout the 1960s, Hyatt began to expand beyond California, opening several new hotels across the United States. The company also established its first hotel in Canada in 1969, marking the beginning of its international presence. In 1962, Hyatt went public, allowing for further expansion. The 1970s saw the introduction of the Hyatt Regency brand, which featured atrium-style lobbies that became a hallmark of the Hyatt experience.

Hyatt expanded its reach globally, opening hotels in Asia, Europe, and Latin America. The 1990s heralded a continued expansion through acquisitions, and the early 2000s focused on Hyatt’s luxury accommodations. Today, Hyatt operates a diverse range of brands, including luxury (Park Hyatt, Andaz), full-service (Hyatt Hotels & Resorts), and select-service (Hyatt Place, Hyatt House). The company is recognized for its commitment to guest satisfaction, innovation in hospitality, and a focus on creating memorable experiences for travelers. Hyatt's history reflects its evolution from a single hotel to a global hospitality leader, characterized by strategic growth, brand diversification, and a dedication to quality service.

Hyatt’s revenue is over $6.6 BILLION and employs approx. 206,000.

The companies that created Today’s Spinnerette.Anagram are:

LIN is Linde PLC a global industrial gases and engineering company that trades on the NYSE. The company is known for its production and distribution of a wide range of gases for various industries, including healthcare, manufacturing, and food and beverage. The company’s roots began in 1879 by Carl von Linde and is headquartered in the United Kingdom and Dublin, Ireland. Through the merger of Linde AG from Germany and Praxair, Inc. and the United States in 2018 Linde PLC is considered one of the largest industrial gas companies in the world. Linde PLC operates in more than 100 countries, providing gases such as oxygen, nitrogen, hydrogen, and carbon dioxide, as well as related technologies and services. The company is also involved in the development of innovative solutions for energy transition, including hydrogen as a clean energy source.

The Industry is Chemical

The Revenue is more than $33 BILLION and employ approx. 65,000.

Traded Today @ $472.34

NOW is ServiceNow Inc. a cloud computing company that specializes in digital workflow solutions that trades on the NYSE. Founded in 2003, by Fred Luddy, David Loo, Don Goodliffe, Bow Ruggeri and Patrick Casey, ServiceNow provides a platform that helps organizations automate their business processes and improve service delivery through IT service management (ITSM), IT operations management (ITOM), and IT business management (ITBM). The company is headquartered in Santa Clara, CA. ServiceNow’s platform enables businesses to streamline their operations, enhance customer experiences, and drive efficiency across various functions, including IT, HR, security, and customer service. ServiceNow's solutions are widely used across industries to manage workflows, incidents, and requests effectively.

The Industry is Enterprise software.

The Revenue is nearing $11 BILLION and employs approx. 26,000.

Traded Today @ $831.74

Company/Corporation information is from AI- Chatex and Google Wikipedia