Thomas Cook Says Earnings Will Withstand Travel Security Concerns
Vacationers were opting to go to destinations like the Canary Islands, North America and Mexico instead of North Africa, the company’s chief executive said.
Black Friday Bargains Extend to Airfares and Hotels
Businesses in the travel industry are competing with retailers for cut-rate deals for Thanksgiving weekend shoppers.
Economic Fallout of Paris Attacks Hits Hotels Hard
Executives in the hospitality industry are taking stock of the potential losses as cancellations surge.
Starwood Devotees Greet Marriott Merger With Dread and Anger
Every big hotel chain has a loyalty program, but Starwood Preferred Guest stands out for the way it pampers the company’s most frequent customers.
In Las Vegas, a Lucky Streak for Developers
Investors are once again placing chips on the Strip, a stretch of Las Vegas Boulevard South.
Marriott’s Deal for Starwood Looks Defensive
The merger would create the world’s biggest hotelier. But the stated $200 million in cost savings will not cover the premium that Marriott is paying.
Marriott to Buy Starwood Hotels, Creating World’s Largest Hotel Company
By LESLIE PICKER
The $12.2 billion deal, expected to close in the middle of next year, would give the combined company more than 5,500 owned or franchised hotels with 1.1 million rooms around the world.