The startup carrier is planning to fly to Mexico, Jamaica, and the Dominican Republic, some of the most popular leisure destinations for U.S. travelers.
Iberostar’s warning that climate change is the top risk to its business and the wider tourism sector reflects a growing concerns that beachfront hotels may face mounting physical threats and financial exposure in the future.
In hotels, as in banking, the real money is in being a capital-light intermediary rather than actually owning things. No wonder Posadas is pursuing its international expansion with an asset-light strategy.
Ever since Hyatt acquired Apple Leisure Group for $2.7 billion in 2021, it has been expanding its presence in the all-inclusive resort segment, which has gone upscale in recent years.