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Global Markets Recover After Big Drop

Stock markets around the world are recovering today with Asian stocks closing slightly down, and European and New York markets opening higher. This was after a day in which stocks plummeted in China due to bad manufacturing news and worries ...

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Could the Economy Tank in 2016?

Last month, the Federal Reserve raised short-term interest rates for the first time in nearly a decade as the unemployment rate continues to decline. While the move demonstrated a vote of confidence in the U.S. economy, Americans are still feeling ...

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Foreign Visitors in the U.S. Overstay Their Visas

Following a closer look at immigration policies after the mass shooting in San Bernadino, Calif., it has come to light that the U.S. Department of Homeland Security has only a rough estimate of how many foreign travelers have overstayed their ...

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Uber Explores OTA Business

A recent patent application suggests Uber might try to delve into the online travel booking business. CNBC reports that a mobile app that would link real-time airplane landings and the availability of Uber cars could be in development, according to ...

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Hotels in Major Cities Suffer Holiday Slump

Hotel performance across the country wasn’t as merry as last year, according to STR. New York City in particular experienced a notable drop in occupancy, ADR, and RevPAR over the Christmas holiday. During the week of Dec. 20 to 26, ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Philippe Zuber has been appointed president and chief operating officer of One&OnlyResorts, Kerzner International Holdings Limited announced. In his role, he will lead the strategic development of the brand. He joins the company with over 20 years of industry experience. ...

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