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Trump Hotel Bookings Drastically Drop

Hipmunk, a travel search engine, focused a recent study on Trump Hotels’ most-booked locations, comparing booked rooms this year to the previous year. Based on the data, bookings have decreased 59 percent compared to the same period last year on ...

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How Marriott-Starwood Merger Impacts Hyatt

Despite losing the bid to purchase Starwood Hotels, Hyatt Hotels’ earnings are up double digits so far this year, it’s set to open 60 hotels in 2016, and its business in China is increasing. Hyatt CEO Mark Hoplamazian says the ...

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Baha Mar Project Could Resume Soon

Construction could recommence soon at Baha Mar, the beleaguered $3.5 billion mega-resort in the Bahamas that is 17 month beyond its original opening date. The prime minister of the Bahamas yesterday announced a framework agreement with Baha Mar’s financier and ...

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Despite Outside Concerns, Hotel Execs Maintain Positive Outlook

Times might feel uncertain, but the industry is still positive. Following Bank of America’s decision to downgrade hotels due to threats like soft corporate demand, increased popularity in homesharing services, and an onslaught of supply, pessimism from analysts outside the industry ramped ...

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Terrorist Activity, Air Crashes Hurt European Travel

A string of terrorist attacks and airliner disasters across Europe and its borders are affecting the region’s travel industry. After a terror-related incident or headline-grabbing aircraft accident, tourism officials and airline executives typically brace for an abrupt drop in flight and ...

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