Sotherly Hotels has been acquired in a deal involving affiliates of Apollo and Ascendant, providing debt financing commitments of $350 million to the joint venture. Plus more hotel news.
After five years of frozen routes, IndiGo’s return to China signals progress in political and business ties, the real test will be whether travelers follow.
Southwest Airlines is changing faster than at any time in its history. Assigned seating, bag fees, even talk of first-class cabins and airport lounges. But are its bold moves starting to pay off? Not quite yet. Southwest's latest results were rough once again, with margins barely positive and far from the glory days that made it a Wall Street darling. Still, there are signs that better times are on the horizon, as we discuss in this week's feature story.
The new ballroom being constructed at the White House has ignited widespread controversy over historical preservation, private funding, and the project's escalating costs amid a government shutdown.
No one yet knows who will be the winners and losers in the agentic AI battle. Developments are happening too fast. But few would argue with the fact that the online travel agencies face a substantial disruption risk.
Marriott's massive new survey of adults across Europe, the Middle East, and Africa uncovered a few trends. Staying on top of these trends is easier said than done.
The $92 billion car rental sector is leveraging its high consolidation to win the digital distribution war, generating 59% of all online bookings through direct channels.
Death & Co., the cocktail establishment that helped ignite America's craft-cocktail renaissance, is rolling out a hotel brand. The goal is to make the bar the heart of the hotel, not just an afterthought.