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Bustling Business Travel Faces Uncertainty

Global business travel is reaching new heights with each passing year, with GBTA expecting it to reach $1.6 trillion by 2020. However, uncertainty in the marketplace, including a weakening economy and this year’s presidential election may create obstacles in business ...

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Airbnb Turns to Local Businesses for Support

Airbnb is embroiled in a number of legal issues concerning regulatory legislation across the United States. In order to sway public opinion—and the local communities in which it sets up shop—Airbnb hosts are getting in touch with small businesses to ...

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U.S. Economy Grew 1.2 Percent in Q2

In the second quarter of 2016, the U.S. economy expanded less than anticipated at 1.2 percent. Economists initially predicted a 2.5 percent increase. However, Fed policymakers, who left interest rates unchanged earlier this week, said risks to the U.S. outlook ...

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Cleveland Rates Skyrocket During RNC

Cleveland hoteliers benefited hugely from the Republican National Convention. During the four-day event, room rates were driven to between $305 and $343, the highest the city has ever seen, according to STR. Occupancy rates additionally neared 100 percent. To read ...

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OTAs ‘Dimming’ Hotel Search Results

As more hotels promote direct-booking discounts, a retaliatory practice among OTAs called “dimming” has come to light. It involves intentionally minimizing a hotel’s appearance or ranking in search results. Expedia admitted it is lowering some hotel rankings but said it ...

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Marriott-Starwood Merger Nears the Finish Line

The wait is almost over. The Marriott-Starwood merger hinges on one final regulatory approval from China, which is anticipated to be complete by Aug. 9. In an earnings call with analysts on Thursday, Marriott CEO Arne Sorenson said he does ...

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