Tag: lodging daily news
Illegal Airbnb Sites Costing L.A. Residents
If Airbnb operators in Los Angeles were to remit the same room taxes and fees paid by hotels, the popular home-sharing site would owe...
Yellen Caution Lifts Global Stocks
After Federal Reserve Chairwoman Janet Yellen justified a slow rate raise due to global and financial uncertainties, global stocks and commodities like crude oil...
Wealthy Millennials Changing Luxury Travel
According to FutureCast, nearly one quarter of U.S. adults making more than $500,000 per year are millennials. That's good news for hotel brands, who have...
International Visitor Spending in U.S. Took $4 Billion Hit in 2015
International tourists in the United States spent nearly $4 billion less in 2015 than 2014, according to the U.S. National Travel and Tourism Office....
Proposed Wage Hike in California Raises Concerns
California's proposed statewide minimum wage increase to $15 an hour by 2022 has many economists concerned, reports The New York Times. Experts fear that...