We're always talking about growth in India, and the hotel industry has had a significant number of branded signings and openings this year. But in May, there was a significant decline in average daily rates and revenue per available room compared to April.
San Francisco’s two largest hotels have lost over $1 billion in value, now worth $553.8 million, prompting a downgrade in bond ratings and a rush to sell before foreclosure.
Trip.com recently expanded attractions as a bookable category for travelers worldwide. Its partnership with Prioticket highlights the increasing trend of B2B partnerships in the experiences category.
Airlines have been making larger investments in hydrogen-electric startups as they look for ways to become more sustainable. But it’s unclear if such engines can be used on a wide scale.
Ever snagged a dirt-cheap tour package and thought you hit the jackpot, only to find your guide dragging you from one souvenir shop to the next? Well, guess what? You’ve just been on a dumping tour.