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Marriott International’s CEO, Anthony Capuano, highlighted the significance of groups in the hotel company’s business during the second-quarter earnings call. He mentioned that groups accounted for 24% of the company’s worldwide room nights for the quarter, with revenue per available room (RevPAR) for groups experiencing a 10% increase from the previous year. This demonstrates the
In the realm of spirits, Scotch whisky has long been regarded as a symbol of Scottish heritage and craftsmanship, with a rich history dating back to 1494. However, in recent years, Scotch has experienced a resurgence in popularity, particularly in the U.S. market, influenced by changing consumer trends and preferences. According to the IWSR, a
The recent IT outage experienced by Delta Air Lines left thousands of customers stranded and is expected to cost the company a staggering $500 million. This figure not only includes the lost revenue but also the expenses incurred in terms of compensation and hotel accommodations over a five-day period. The repercussions of the outage were
In the second quarter, Boeing reported a significant loss that was much larger than what analysts had predicted. The loss per share was $2.90, adjusted, compared to the estimated $1.97 per share. Additionally, revenue came in at $16.87 billion, falling short of the expected $17.23 billion. This disappointing performance highlights the ongoing challenges faced by
Norwegian Cruise Line Holdings CEO Harry Sommer is optimistic about the company’s future as it looks toward 2025. Despite unexpected challenges, the cruise company has seen a surge in bookings for Europe and Alaska summer itineraries. Sommer emphasized the company’s strong pricing power and the positive impact it is having on the business. With the
Beaches Resorts International has exciting plans to bring their family-oriented brand to the Bahamas by transforming the Sandals Emerald Bay into the Beaches Exuma. This announcement signifies a new chapter for the oceanfront resort and promises a fresh look and feel for guests. After the closure of Sandals Emerald Bay on Aug. 15, renovations are
Upon entering my suite aboard the Crystal Serenity, I was immediately struck with a sense of awe. The spacious room, complete with a cozy seating area and a luxurious king-sized bed, exceeded my expectations. The bathroom was equally impressive, with a shower large enough to accommodate several adults. Throughout my stay, my personal butler went
One would not typically consider Rwanda as a top travel destination, especially when thinking about popular spots like Turkey, Nepal, South Africa, and Indonesia. However, the unexpected natural beauty of Rwanda has left many travelers wanting more. Beyond the well-known primate trekking experiences, the country boasts gorgeous tea plantations, a landscape of a thousand hills,
The Farnborough Air Show, a major event in the aviation industry, has highlighted the challenges faced by major aircraft manufacturers like Boeing and Airbus. Instead of announcing massive airplane orders as in previous years, the focus this year was on the struggles these companies are facing in ramping up airplane production. Both Boeing and Airbus