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Tourism Leaders Discuss Booking Scams

Sen. Steve Daines (R–Mont.) recently visited with Montana tourism leaders to discuss his proposed legislation tackling hotel booking scams. The state’s tourism is thriving, with 11.7 million visitors spending $3.66 billion in 2015. Booking scams accounted for $1.3 billion in ...

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Hotel Deals Slow While Prices Remain the Same

While hotel deals are still happening, the transaction environment is becoming increasingly choppy, according to members of the Lodging Industry Investment Council. Listing levels are the same, but there has been a drop in closings due to a lack of ...

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Rio Olympics Provides Major Hotel Boost

The hotel industry in Rio de Janeiro saw a higher performance lift as host of the 2016 Summer Olympics than London in 2012 and Beijing in 2008, according to STR. That being said, Rio’s post-Olympic challenges will also be greater, ...

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China’s Golden Week Sees Record Numbers

A record 6 million Chinese tourists are expected to have traveled overseas for the Golden Week national holiday. Total spending last week was estimated to hit $72 billion, but some retailers still felt the pinch due to a slower Chinese ...

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Rental Platforms Join Forces

Two rival rental platforms in Europe, Wimdu and 9flats, are merging in an effort to compete with Airbnb. While the combined company will host nearly 500,000 properties in 140 countries, Airbnb will continue to process more short-term rental transactions in ...

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Hurricane Matthew Threatens Florida Tourism

Florida tourism recently battled the impact of the Zika virus, and now it must contend with the aftermath of Hurricane Matthew. The storm has collapsed dunes along the state’s coast, removing sand that protected buildings and roads during storms. Additionally, ...

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