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Hurricane Matthew Threatens Florida Tourism

Florida tourism recently battled the impact of the Zika virus, and now it must contend with the aftermath of Hurricane Matthew. The storm has collapsed dunes along the state’s coast, removing sand that protected buildings and roads during storms. Additionally, ...

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U.S. Adds 156,000 Jobs in September

September marked the 72nd consecutive month that total nonfarm payrolls rose—this time, adding a modest 156,000 jobs. Unemployment edged up slightly from 4.9 percent in August to 5 percent in September. However, the unemployment rate reflects that the overall labor ...

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Hotels Booked Ahead of Hurricane Matthew

With Hurricane Matthew headed swiftly toward the continental United States, many hotels are booked solid through Saturday with guests attempting to escape the storm. Florida tourists are fleeing to Fort Myers, Tampa, and Sarasota to avoid the hurricane. To make ...

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The Best and Worst Hotel Loyalty Programs

Consulting firm IdeaWorks has declared that the top loyalty program in terms of payback is Wyndham Hotel Group’s recently revamped Wyndham Rewards program. The lowest payback comes from Starwood Preferred Guest, where guests earned back only 5.6 percent of value in ...

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M&A Could Slow as Cycle Peaks

Despite the recent Marriott-Starwood merger, an M&A slowdown could be on the horizon. At the Hotel Investment Conference Europe last week, executives noted that 2015 was a banner year because large hotel companies held an asset-light stance, and such a time ...

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