In a move that highlights the evolving landscape of the hospitality sector, Hyatt Hotels Corporation has initiated exclusive negotiations with Playa Hotels & Resorts, a significant player in the all-inclusive resort market. This potential partnership could take the form of various strategic alternatives, including the acquisition of Playa, in which Hyatt already possesses a 9.99%
As we approach 2025, the luxury cruising industry holds promising potential. The U.S. market continues to exhibit strength economically, fostering an optimistic outlook for both established brands and newcomers alike. With an influx of consumers eager to explore maritime travel, the luxury cruise sector stands to benefit significantly. Although relatively new, our brand feels the
Auberge Resorts Collection, a renowned name in luxury hospitality, is set to take the reins of The Woodward, a stunning lakeside hotel nestled in Geneva, Switzerland. This transition occurs on February 1, marking an exciting development for both the hotel and Auberge, as it represents the brand’s inaugural venture into the Swiss market. Originally established
The landscape of travel and tourism is deeply intertwined with global economic stability. In recent years, while many economies around the world are experiencing growth, the sector faces both challenges and opportunities, particularly when considering market-specific dynamics and shifting consumer behaviors. This analysis delves into the complexities surrounding the travel industry today, highlighting regional variations,
Kimpton Hotels has made a striking entrance into the Dominican Republic with the launch of its first property, Kimpton Las Mercedes, situated in the historical capital city of Santo Domingo. This boutique hotel establishes a compelling blend of contemporary design and deep cultural roots, nestled within one of the country’s most significant historical contexts—the Colonial
Carnival Corp.’s recent fourth-quarter earnings call showcased a remarkable financial turnaround, with the company announcing an unprecedented revenue of $25 billion for the fiscal year. This marked a significant increase of 16% compared to the previous year’s $21.6 billion. The results demonstrate not only Carnival’s recovery from prior financial setbacks but also an impressive demand
Earlier this year, the illustrious Champagne & Sparkling Wine World Championships returned to the UK for its 11th edition, consolidating its position as a premier global platform for sparkling wine enthusiasts. Traditionally heralded as the most challenging sparkling wine competition on a worldwide scale, it draws a diverse panel of wine experts, sommeliers, and enthusiasts
In recent years, sushi has surged in popularity across the United States, transforming from a niche cuisine into a mainstream food choice. With the sushi restaurant industry reaching a staggering market size of $27.9 billion in 2022, the growth trajectory is undeniable. Over the past decade alone, the demand for sushi has skyrocketed by an
In a significant move that has prompted dialogue within the cruise industry, the Mexican government has proposed a $42 tax for every cruise passenger arriving in the country. Originally set to take effect on January 1, this initiative has since been postponed to July 1, 2024, but uncertainty still looms. The announcement has stirred considerable
As the holiday travel season approaches, concerns deepen over a potential government shutdown that could significantly disrupt plans for millions of travelers. Lawmakers are at a standstill, having recently rejected a proposed short-term funding bill favored by President-elect Donald Trump. If Congress fails to act, the clock will strike midnight on Saturday, unleashing a government
In the corporate landscape of the United States, 2023 has emerged as a year marked by significant leadership turnover, particularly at the highest levels. Data from Challenger, Gray & Christmas reveals a staggering 327 chief executive changes across U.S. public companies through November, a figure that eclipses any year since tracking began in 2010. This
As we approach the end of another year, it’s the perfect moment to reflect on the remarkable journeys of brands that have reshaped their industries. One such brand is Clase Azul, an ultra-premium tequila company rooted in Mexican traditions yet distinctly modern in its ambitions. Founded by Arturo Lomeli, Clase Azul stands out not just
The possibility of a government shutdown is raising concerns as one of the busiest travel periods approaches in the United States. With the holiday season fast approaching, travelers are forced to reckon with the ramifications of legislative inaction that could significantly disrupt air travel. TSA Administrator David Pekoske has issued a stark warning: without a
The Omni Mount Washington Resort stands as a testament to both historical grandeur and modern luxury, nestled in the picturesque Bretton Woods of New Hampshire. Built at the turn of the 20th century by visionary Joseph Stickney, the resort was designed to harness the stunning natural beauty of the White Mountains, seamlessly integrating the breathtaking
Archer Aviation has entered a milestone phase with the completion of its expansive 400,000-square-foot manufacturing facility, known as Arc, situated just outside Atlanta. This significant achievement marks a pivotal moment for the California-based electric air taxi startup as it transitions from conceptual designs to physical production of its innovative Midnight aircraft. Officially receiving the certificate
The recent announcement from the Transportation Department (DOT) regarding the allocation of five new routes at Washington Reagan National Airport (DCA) has stirred discussions within the aviation community. The designated airlines—Alaska Airlines, American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines—will be exempt from the 1,250-mile perimeter rule, which has been a significant constraint
Sandals Resorts is set to introduce an innovative multimillion-dollar advertising campaign that aims to reshape perceptions of its offerings. Initiating later this month under the banner “Made of Caribbean,” the campaign encompasses a broad array of marketing strategies developed in collaboration with the renowned Chicago-based ad agency, Leo Burnett. This initiative aspires to highlight the
On Tuesday, a significant earthquake, measured at 7.3 on the Richter scale, struck off the coast of Vanuatu, a picturesque archipelago in the South Pacific. The seismic event occurred approximately 18 miles west of Port Vila, the country’s capital, and has been confirmed by the U.S. Geological Survey. This catastrophic natural disaster has caused widespread