In a press release, Marriott International Inc (NASDAQ:MAR) revealed that it will be rolling out Apple Inc. (NASDAQ:AAPL)’s mobile payment system this summer at select locations. Certain Ritz-Carlton, EDITION, Renaissance, and Marriott hotels will start accepting payments made via Apple Pay by then.
Marriott International Inc (NASDAQ:MAR) said that approximately 75% of their guests travel with one or more mobile device and that number only increases for the 25- to 35-year-old demographic. Apple Pay will make booking, check-in and checkout more effortless, added George Corbin, Marriott Digital senior vice president.
GameStop Corp. (NYSE:GME), on the other hand, is now in the process of rolling out Apple Inc. (NASDAQ:AAPL) mobile payment system. The company said in an announcement that it hopes to have over 4,200 locations Apple Pay-enabled by the end of this month.
GameStop Corp. (NYSE:GME) cites security as one of the reasons for enabling customers to pay via Apple Pay. Users of the system do not have their actual card numbers stored on their devices or on Apple’s servers, the company said.
Meanwhile, the Apple Inc. (NASDAQ:AAPL) payment system is now enabled via the Kickstarter app. Users of the crowdfunding platform can now fund any U.S.-based project using Apple Pay. Commerce platform Etsy also revealed that Apple Pay will “soon” be enabled for their users.
Arrowstreet Capital managed by Peter Rathjens, Bruce Clarke and John Campbell owned 856,555 Marriott International Inc (NASDAQ:MAR) shares by the end of the October to December quarter. The stake of the institutional investor in Marriott International Inc (NASDAQ:MAR) increased 153% quarter over quarter.
GameStop Corp. (NYSE:GME) shareholders includes Ross Margolies’ Stelliam Investment Management which owned about 3.51 million shares in the company by the end of 2014. Worth about $118.72 million at the time the firm reported the stake, the GameStop Corp. (NYSE:GME) shares make up 2.73% of the firm’s whole portfolio.
David Einhorn’s Greenlight Capital owned about 8.6 million Apple Inc. (NASDAQ:AAPL) shares also by the end of the December quarter.
I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said ‘I lost money by EXACTLY following your stock picks’. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.