Ukraine abrogates CIS airspace and civil aviation agreements
Ukrainian President Volodymyr Zelensky has signed decree No. 70/2021 on the country’s “withdrawal from international treaties concluded within the framework… Read More »
Amazon nabs minority stake in ATSG for $132mn
Amazon.com intends to acquire a minority stake in Air Transport Services Group, one of its cargo transport partners, exercising previously-obtained… Read More »
Hyatt Place OK in Portland, Ore., will be appealed
Opponents say they’ll appeal the Portland, Ore., City Council’s approval of a proposed 23-story Hyatt Place Hotel in the city’s… Read More »
Down the tubes? Not for hotels that join TV Land
The show has gone on, literally, for some hotels with pandemic-shrunken bookings, as they’ve transformed themselves into sets for television… Read More »
2024 pegged as full rebound point for hotel values
Distressed hotel assets will take until 2023 to surpass 50% of their recent value and until 2024 to reach full… Read More »
Bankruptcy ushers out guests of San Jose, Calif., hotel
The San Jose, Calif., Fairmont hotel closed without warning Friday after a Chapter 11 bankruptcy filing, but a spokesman voiced… Read More »
Foreclosure looms for Times Square upscale hotel
Foreclosure on a complex that includes the 42-story Times Square Edition hotel and retail property, once valued at $2 billion,… Read More »
Travel is becoming more vegan friendly
The increasing popularity of veganism is creating an opportunity for travel advisors to help vegan travelers find hotels and restaurants…. Read More »