Chains must share blame for “deflagging”
Dropping brand affiliation, or “deflagging,” is on the rise among hoteliers for a variety of reasons, including lapsed performance on… Read More »
Vegas casinos line up July 4 fireworks as tourism explodes
As visitors return to Las Vegas in droves, several casino-hotels on the Strip have announced plans to resume fireworks celebrations… Read More »
UNWTO says half project travel rebounding by 2024
The United Nations World Tourism Organization has released its latest analysis if global travel, confirming what everyone knows — the… Read More »
Defiance launches travel business ETF
Defiance ETFs launched an exchange-traded fund that invests in companies in the travel and leisure businesses. The Defiance Hotel, Airline,… Read More »
Plaza suite where JFK slept sells at loss for under $20M
A four-bedroom suite at New York City’s Plaza Hotel, once a stopover for President John F. Kennedy, has sold for… Read More »
Valor adds 17 IHG-branded UK hotels in joint venture
Atlanta-based management firm Valor Hospitality Partners is doubling its UK portfolio by acquiring 17 regional IHG Hotels & Resorts-branded hotels…. Read More »
Gaming & Leisure closes on $480M Ind. casino-hotel deal
Gaming & Leisure Properties and Bally’s Corp. have closed on their $480 million purchase of Tropicana Evansville from Caesars Entertainment…. Read More »
5 ways to create good trouble that changes the world
Being a “professional troublemaker” who can create change means having the courage to point out areas of inequality, embracing failure… Read More »