Good news for travelers, bad news for hotel owners. The U.S. hotel industry is seeing a (modest) decline in room rates after a recent dramatic run-up in prices.
One challenge for struggling travel SPACs beyond their stock prices is to create something new that's truly valuable to their customers. Booking.com did just that years ago, although others have caught up in the interim.
Blueground, the New York-based operator of furnished, flexible rentals for stays lasting 30 days or more, entered its first franchise agreement with real estate and hospitality company Mitsubishi Estate to…
Banyan Group through its rebranding is determined to shield its core brand, ensuring it retains its essence amidst the clamor of multiple brand launches.
Soneva resorts Chief Executive Officer Sonu Shivdasani's comment is a testament to the fact that tourism industry has taken a hit following India-Maldives diplomatic dispute.