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Tourism Prices in Cuba Drop for First Time in Years

Tourism Prices in Cuba Drop for First Time in Years

NEW ROCHELLE, N.Y.—Since the détente between the U.S. and Cuba began on December 17, 2014, most travel related costs soared between 100-400 percent due to a massive spike in U.S. and Canadian travelers. Mandated pricing increases from state agencies and ...

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Fitch Ratings: Lodging and Leisure on Solid Footing

Fitch Ratings: Lodging and Leisure on Solid Footing

NEW YORK—A healthy U.S. consumer bodes well in the near term for the U.S. lodging and leisure sectors, according to Fitch Ratings. “With consumer confidence, employment, and household balance sheets at or near the strongest levels in 15 years, lodging ...

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U.S. Lodging Data Points to Slow Growth

U.S. Lodging Data Points to Slow Growth

NEW YORK—U.S. lodging data shows essentially flat overall hotel occupancy growth last year, Moody’s Investors Service says in a new report by STR. At just 0.1 percent, occupancy growth came in at the low end of the rating agency’s forecast ...

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Top Factors Impacting 2017 Travel Insurance

Top Factors Impacting 2017 Travel Insurance

STEVENS POINT, Wis.—Berkshire Hathaway Travel Protection’s (BHTP) second annual benchmark white paper report released today identifies a potential 4.9 percent increase for travel insurance sales to Americans traveling this year. The report uses surveys and a predictive global-travel model to ...

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Langham Chicago Tops Best Hotels List

Langham Chicago Tops Best Hotels List

WASHINGTON—U.S. News & World Report, the global authority in rankings and consumer advice, today announced the 2017 Best Hotels. The rankings evaluate more than 3,000 luxury hotels across the USA, the Caribbean (now including Havana, Cuba), Canada and Mexico. In ...

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