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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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U.S. Adds 156,000 Jobs in September

September marked the 72nd consecutive month that total nonfarm payrolls rose—this time, adding a modest 156,000 jobs. Unemployment edged up slightly from 4.9 percent in August to 5 percent in September. However, the unemployment rate reflects that the overall labor ...

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Hotels Booked Ahead of Hurricane Matthew

With Hurricane Matthew headed swiftly toward the continental United States, many hotels are booked solid through Saturday with guests attempting to escape the storm. Florida tourists are fleeing to Fort Myers, Tampa, and Sarasota to avoid the hurricane. To make ...

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The Best and Worst Hotel Loyalty Programs

Consulting firm IdeaWorks has declared that the top loyalty program in terms of payback is Wyndham Hotel Group’s recently revamped Wyndham Rewards program. The lowest payback comes from Starwood Preferred Guest, where guests earned back only 5.6 percent of value in ...

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