What was supposed to be the summer of “revenge” travel may end up disappointing expectations. … READ MORE >
travel
CHART OF THE DAY: December is anticipated to be the biggest on record for IPOs
Special purpose acquisition companies (or SPACs) have been hot this year, but the traditional initial public offering is closing out the year even stronger. … 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 unfold. … 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 British Airways, United, Delta … … READ MORE >