As Covid restrictions ease across the United States, hospitality and leisure-focused businesses must now contend with a new risk—stubborn, elevated inflation that could further curb recovery in the travel industry. The war in Ukraine has driven up global oil prices, pressuring already high U.S. energy ... READ MORE >
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CHART OF THE DAY: December is anticipated to be the biggest on record for IPOs
Special purpose acquisition companies have been hot this year, but the traditional initial public offering is closing out the year even stronger. Performance of traditional IPOs has outpaced SPACs throughout the fourth quarter, and this month is anticipated to be the biggest December on record for IPOs, ... READ MORE >
As coronavirus spreads, pain goes beyond the hospitality and travel industries
As the human and economic toll of the coronavirus mounts, the real estate industry in North America is wondering where it can safely place its bets. The hospitality industry has taken the brunt of the hit so far, but other sectors of the economy have been nervously watching as the events ... READ MORE >
Hospitality industry braces for the worst as coronavirus spreads
As the human and economic toll of the coronavirus continues to mount, the hospitality industry is bracing for the worst. On Jan. 30, the World Health Organization cautioned against non-essential travel to China after declaring the outbreak a public health emergency. Major airlines quickly responded, as ... READ MORE >