The popularity of TUI’s sustainability-linked bonds far surpassed the company’s projections. Will these SLBs be a step toward more sustainable tourism or a mechanism for greenwashing?
While 'cleanliness is next to godliness' may not consistently reflect India's outlook, the nation is recognizing its importance to attract both domestic and international tourists. Initiatives such as the rating framework hold significant value in evaluating and enhancing the cleanliness standards of tourism establishments.
With a dramatic shift in traveler behavior, industry stakeholders must reimagine their offerings to cater to the new domestic tourist who feels that the need to take frequent breaks is more important than ever.
Will a slowdown in bank lending lead to weakened hotel development for Wyndham? The world's largest hotel franchisor doesn't expect a problem, and it makes plausible arguments about why.
CitizenM raised $500 million (€480 million) from HSBC UK, HSBC Continental Europe, ABN AMRO Bank N.V., and Aareal Bank with a sustainability-linked loan, becoming one of the first European hospitality companies to…
Trip.com Group said on Friday it had tapped a $1.5 billion sustainability-linked loan facility, meaning that the financing terms link the debt's interest rates to the Chinese online travel giant's…
The hotel industry is struggling under months of cratered occupancy and revenue. But there may be a way to avoid foreclosure with the bank — as long as your hotel was doing fine before the pandemic.
Bad hotel loans in the United States in July reached record levels, 23.4 percent, but it could get worse if the coronavirus pandemic and its laissez faire enablers persist.