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How Marriott Could Lose Starwood

Even though Starwood Hotels & Resorts has accepted Marriott International’s sweetened $13.6 billion offer, some analysts believe Anbang Insurance Group may yet win out with a higher all-cash bid. Other media reports claim Chinese regulators could block Anbang’s bids for ...

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Can European Travel Bounce Back After Terrorist Attacks?

Europe’s travel and tourism industry is reeling again following the deadly terror attacks in Brussels yesterday. Three explosions, two which took place at the city’s main international airport and one at a subway station in central Brussels, left 31 people ...

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Report: Airbnb Will Not Become Successful OTA

A new PiperJaffray report suggests that while Airbnb will make share gains in vacation rentals, its adverse impact on online travel agencies will be just 5.3 percent between 2016 and 2020. The report forecasts that Airbnb will not be successful ...

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Cuba and Priceline Make a Deal

Priceline has become the first U.S. online travel company to strike a deal with the Cuban government. The terms of Cuba and Priceline’s agreement make it possible to book Cuban hotel rooms on Priceline’s subsidiary, Booking.com. This deal has been ...

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Travel, Tourism Add 7.2 Million Jobs in 2015

In 2015, 7.2 million jobs were added to the travel and tourism industries, reports the World Travel and Tourism Council. Travel and tourism spending grew by 3.1 percent overall, while spending in the U.S. increasing by 6.3 percent and spending ...

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Terrorists Target Brussels

More than 30 people have been killed and more than 100 have been seriously injured following three explosions in Brussels today—two blasts at Zaventem airport, and one more at the Maelbeek metro station. These attacks follow the arrest of Salah ...

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