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Zika Virus Causes Travelers to Change Plans

With the World Health Organization (WHO) declaring that the Zika virus requires an urgent, united response, international travel insurance sales are soaring, says Reuters. Many vacationers are rerouting or cancelling trips to Latin America to avoid the rapidly spreading virus, ...

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ASTA Takes on Hotel Distribution

The American Society of Travel Agents (ASTA) has formed a committee that will focus on issues related to hotel distribution. Made of 10 travel agency and industry representatives, the committee will meet regularly to share knowledge and keep abreast of ...

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JLL Expects Secondary Markets to Dominate 2016

As primary market yields head toward historic lows, JLL expects investors to zero in on secondary markets to create more opportunities for profit growth and valuation increase. Additionally, JLL predicts more consolidation among operators and real-estate owners, as well as ...

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ALIS Panelists Weigh in on Demand Trends

While 2015 marked the strongest U.S. lodging year on record, many panelists at last week’s Americas Lodging Investment Summit voiced concern that North American demand is due for a slowdown, Travel Weekly reports. From global stock market volatility to the ...

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Chesapeake Lodging Trust Reportedly Considering Sale

Chesapeake Lodging Trust maybe be exploring the possibility of a sale, says Globe St. The REIT would join three other public-to-private REIT transaction closings that have taken place in the past week–Blackstone’s closing on the acquisition of BioMed Realty Trust; ...

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