Legal Definition of yield. : 1  to produce as return from an expenditure or investment : furnish as profit or interest an account that yields 6 percent. 2  intransitive verb. 3  1 : to give place or precedence (as to one having a superior right or claim)  2 : to relinquish the floor of a legislative assembly yield to the senator from Maine.
I guess since it's the new year there were bound to be some new ways in which hotels would improve their loyalty programs. Starwood Hotels (which includes Sheraton, Westin, W and others) announced first, and among the new perks are the following: 1  Abolishing 3 p.m. check-in time and giving its most frequent travelers control of their own arrival and departure time.
The deal creates the worldâs largest hotel company, with more than 5,500 owned or franchised hotels with 1.1 million rooms around the world. The agreement represented a premium of about 6 percent above the average of where Starwoodâs stock had traded in the 20 days before Nov. 13, according to a statement Monday.