- Booking Holdings Inc (NASDAQ:BKNG) owned OpenTable has signed a global agreement to become a preferred restaurant technology provider to Marriott International Inc (NASDAQ:MAR).
- OpenTable serves more than 1,400 restaurants operated by Marriott hotels in properties across 56 countries worldwide.
- The agreement will make it easier for restaurants located in a Marriott branded property worldwide to take advantage of OpenTable technology and onboard their teams.
- “Our software streamlines hotel food and beverage operations while helping restaurants deliver memorable experiences and find new diners on our global dining network – we’re thrilled to deepen our relationship with Marriott,” said OpenTable CEO Debby Soo.
- Price Action: BKNG shares are trading lower by 1.47% at $1,807.73 on the last check Tuesday.
Needham Maintains Buy on Splunk, Raises Price Target to $120
Needham analyst Mike Cikos maintains Splunk (NASDAQ:SPLK) with a Buy and raises the price target from $115 to $120.
