Articles by Jason Clampet

Virgin Hyperloop Loses a Chunk of Its Board After Replacements and Arrests

Virgin Hyperloop Loses a Chunk of Its Board After Replacements and Arrests

Sarah McBride And Giles Turner, Bloomberg

One dose Branson, another dose Musk, and another a hyped transportation concept with dreams of federal funding. Really, this seems like par for the course.

3 weeks ago

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

Prudence Ho, Bloomberg

HNA Group has achieved what nobody thought possible: Making money on a time-share investment.

1 month ago

Portugal’s Tourism Boom Has Caused a Hotel Labor Shortage

Portugal’s Tourism Boom Has Caused a Hotel Labor Shortage

Henrique Almeida, Bloomberg

A tourism boom fueled by low-cost carriers presents unique challenges. Namely, lots of visitors with smaller budgets. And that combination is bad news for attracting labor in a tight market.

2 months ago

United Hits ‘Pause’ on Its Bad Idea to Replace Bonuses With Lottery-Style Perks

United Hits ‘Pause’ on Its Bad Idea to Replace Bonuses With Lottery-Style Perks

Michael Sasso, Bloomberg

No employees want a "more exciting program" when it comes to their take-home pay. They want something they can count on if they do good work. It's not that complicated.

2 months ago

Hilton CEO Says Brexit Is Hurting London Hotels

Hilton CEO Says Brexit Is Hurting London Hotels

Andrew Blackman, Bloomberg

Post-Brexit London was such a deal that some mistakenly thought it would last forever. Now that the pound has creeped back up the city is not as attractive.

2 months ago

United Gives Airline Employees a Chance to Win $100,000 Instead of Bonuses

United Gives Airline Employees a Chance to Win $100,000 Instead of Bonuses

Michael Sasso, United

New idea: Throw a can of soup in the middle of a circle of employees and whoever comes out with it is the winner! If our sarcasm isn't clear we'll just say it this way: This seems like a terrible way to encourage teamwork, build loyalty, or anything else that's good for a company. But it does seem fitting for our current climate.

2 months ago

Waymo Is the First Company With Approval for Driverless Ride-Hailing Service in U.S.

Waymo Is the First Company With Approval for Driverless Ride-Hailing Service in U.S.

Alistair Barr, Bloomberg

On one hand this is a step towards a fascinating future. On the other its a reminder that some states protect massive transportation corporations from liability when something goes wrong.

2 months ago

Hilton’s CEO Says New York’s Waldorf Astoria Is Not for Sale

Hilton’s CEO Says New York’s Waldorf Astoria Is Not for Sale

Patrick Clark, Bloomberg

Sure, it's not for sale. But wouldn't things be easier for everyone if it was?

2 months ago

Blackstone Has Its Eye on Hotel Assets It Sold to Anbang

Blackstone Has Its Eye on Hotel Assets It Sold to Anbang

Bloomberg

Blackstone has its eyes on the assets it sold, and knows it can now get them at a fraction of the cost if it wants them. Not a bad position to be in.

2 months ago

China’s Bullet Trains Are Remaking Its Lunar New Year Holiday

China’s Bullet Trains Are Remaking Its Lunar New Year Holiday

Bloomberg

China's massive investments in its transportation infrastructure are nothing short of astounding.

2 months ago

HNA Is Dismantling Its Travel Acquisitions and Banks Are Profiting

HNA Is Dismantling Its Travel Acquisitions and Banks Are Profiting

Ben Scent, Bloomberg

We all knew this wouldn't last. But Hilton and NH will come out of this period based on their strengths prior to the HNA investment.

2 months ago

Russian Minister Provides Updates on Fatal Airliner Crash

Russian Minister Provides Updates on Fatal Airliner Crash

Associated Press

2 months ago