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Brand USA Not Reaching Tourism Goals

Brand USA is falling short of its goal to attract 100 million international visitors annually by 2021. Tourist arrivals to the U.S. were flat from 2014 to 2015, and the strong dollar led to a 10 percent decline in Canadian ...

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Independence Day Travel to Hit Record High

This holiday weekend, AAA predicts that nearly 43 million Americans will travel to celebrate Independence Day. This represents the highest Fourth of July travel volume on record. Analysts say low gas prices and lower rates for hotels and airfare are ...

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EU Approves Marriott-Starwood Merger

The European Union has unconditionally cleared Marriott International’s $13.6 billion acquisition of Starwood Hotels & Resorts Worldwide. After an investigation, the EU was assured that the hotel sector will remain competitive following the merger, thus not presenting a threat to ...

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1 Hotels Portfolio Reportedly for Sale

All three hotels in Starwood Capital Group’s nature-inspired luxury lifestyle brand, 1 Hotels, are reportedly being marketed for sale. Located in Miami Beach, Manhattan, and Brooklyn (opening later this year), the properties could fetch more than $800 million, sources estimated. ...

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U.K. Shakeup Raises Questions About Travel

On the heels of last night’s annoucement that the United Kingdom has voted to leave the European Union, many are left wondering what this historic decision means for the travel industry. The British pound fell to its lowest level in ...

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Top Cities in the World for Hotel Construction

According to the latest Global Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five cities with the largest construction pipelines in the world by project count are: New York with 187 projects/32,136 rooms; Jakarta with 130 projects/22,851 rooms; ...

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