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U.S. Business Travel Growth Wanes

The latest Travel Trends Index from the U.S. Travel Association and Oxford Economics indicates that domestic business travel demand decreased in October year-over-year. While experts anticipate business travel will remain slow for the next few months, they also believe that ...

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L.A. Has Highest Room Count in Early Planning Stage

According to the recent Construction Pipeline Trend Report from Lodging Econometrics, Los Angeles has 18,229 rooms/108 projects in the total pipeline. Early planning currently stands at 6,382 rooms/37 projects. It is the highest room count for this stage in any ...

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Airbnb On the Defensive in Biggest Markets

Airbnb’s short-term rentals are being scrutinized in markets across the country, such as Santa Monica, Calif., where a landlord became one of the first hosts in the U.S. to be convicted for renting out units illegally on the platform. Airbnb ...

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Trivago Plans to Raise $428 Million in IPO

Travel search engine giant Trivago plans to raise $428 million in an initial public offering to tentatively take place around Dec. 15. The offering would be priced between $13 to $15 per share, putting the company’s value at about $5 ...

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Pipeline Growth Continues in Houston and Dallas

With 169 projects/19,885 rooms in the total construction pipeline, Houston has the second largest pipeline in the country, following New York City, according to Lodging Econometrics. Of all markets, Houston has the most projects scheduled to start construction in the ...

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Trump Reportedly Eyed Cuban Hotels

President-elect Donald Trump was considering buying hotels in Cuba as recently as six months ago, according to the executive chairman of Grupo Iberostar. This is surprising, as it runs counter to Trump’s intentions to reverse President Obama’s moves to reopen ...

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