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Millennials Spending More on Leisure

Millennials–the generation focused on gaining experiences over material goods–are slowly but surely changing the stock market. Leisure and travel-related stocks, such as pubs and airlines, have been consistently topping retailers since recovery from the recession began. According to Bloomberg, this ...

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New Group Business Bolstering Hotels in 2016

Since the new year, North American hoteliers have seen a sharp uptick in bookings, with 19 of the top 25 markets showing committed occupancy growth compared to December, according to TravelClick’s January 2016 North American Hospitality Review (NAHR). This is ...

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Travel Industry Faces Zika Virus

The travel industry is facing growing concern over the mosquito-borne Zika virus as vacationers postpone or cancel trips to several countries in Latin America and the Caribbean, where the virus is rapidly spreading. The Centers for Disease Control and Prevention ...

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AccorHotels Moves Forward with Sale of 85 Hotels

On Jan. 27, AccorHotels announced its plans to sell 85 hotels in Europe as part of its sale and franchise-back deal. The hotels included in the transaction will maintain the AccorHotels brand, and have been arranged to be sold to ...

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