Q2 came in better than feared across the board, thanks to resilient domestic demand. But no one’s calling it over — Q4, the Gulf’s peak season, is the real test.
Ten years after Hilton, Marriott, and other chains began coaxing travelers to book directly, online travel agencies still control roughly the same slice of the pie. Yet the chains have won the economics: lower commissions, better contract terms, and stronger loyalty programs.
Wyndham CEO Geoff Ballotti was diagnosed with "multiple myeloma, but it was caught "early" and his prognosis is "favorable. The 65-year-old executive will remain in his role while he undergoes treatment.
Wyndham’s Al Marjan Island bet is less about the Wynn effect and more about proving midscale branded residences have been a missed opportunity all along.
Three hotel chiefs were awarded $36 million or more. One saw his pay effectively go negative. And a fourth turned down his bonus. Welcome to the eye-catching world of CEO pay.
The regional connectivity scheme is not bringing in large numbers…yet. Precedence suggests that it can as long as airlines are deploying capacity on this route.