Tag: lodging daily news
Booking Scams Create Rift Between Hotels and Travel Sites
The American Hotel & Lodging Association is urging for legislation to take action against fraudulent online booking sites it claims are conning travelers into purchasing...
Cuba Moving Slowly to U.S. Business Overtures
Last week, Cuba and the U.S. agreed to open up direct commercial flights between the two countries for the first time since the 1950s....
Investors Await Fed’s Next Move
Investors are paying extra close attention to the Federal Reserve this week in anticipation of the U.S. central bank’s next move. Data released Friday...
St. Regis New York Could Be Up for Grabs
Starwood Hotels & Resorts Worldwide is reportedly considering the sale of properties that include the St. Regis New York. This is part of the...
Starwood, Marriott Cut RevPAR Forecast
What a difference a few months makes. Throughout the mixed bag of hotel company earnings calls this week, one thing was clear—the outlook for...