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Hotel Outlook for 2016 Welcomes Innovation

The growth trajectory for the global hospitality industry in 2016 and beyond is deeply rooted in innovation, investment discipline, and organizational culture, according to EY’s Global Hospitality Insights report. To keep up the pace, industry participants will need to react ...

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Concern for Global Banks Grows

The Volatility Index (Vix) jumped 12 percent yesterday to 26, only slightly above the long-term average of 20, reflecting the fear rising on Wall Street. As investors find safe haven for their money, plenty are worried about the world’s biggest banks, citing ...

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Airbnb Doesn’t Even Dent Manhattan Hotel Performance

A recent analysis of Airbnb data by STR found that in one of the busiest metropolitan areas on the planet—Manhattan—Airbnb unit sales do not affect hotel performance. The analysis cites several reasons behind this finding, including that hotel rooms outnumber ...

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GBTA: Business Travel Solid After Paris Attacks

Business travel is showing increased levels of resiliency since the immediate aftermath of the Paris terrorist attacks. According to new polls from the Global Business Travel Association, more than 90 percent of U.S. and European business travel buyers now report ...

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Wealthy Travelers’ Habits in 2016

According to the Resonance 2016 Luxury Travel Report, wealthy U.S. travelers are more likely to participate in health and fitness activities while on vacation than the average U.S. traveler. The report shows that the top 1 percent participates in health ...

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