DALLAS EMBASSY SUITES SELLS FOR $17M—A DISTRESS
Ashford Hospitality Trust sold the 150-room Embassy Suites Dallas North for $17 million (approx. $133,000 per key )—a relatively low figure for aRead More
MEXICO’S HOTEL RECOVERY HITS 83% OF PRE-PAND
Mirai study of 500+ hotels shows Mexican hotel reservations at 83% of pre-pandemic levels, driven by surging direct bookings and FIFA World CupRead More
NYC SUMMER HOTELS LAG DESPITE WORLD CUP HYPE
NYC Tourism + Conventions CEO Julie Coker confirmed June hotel reservations are down about 1% from last year—contradicting the “World Cup boom” narrative.Read More
US-CHINA AIRCRAFT DEAL COULD RESHAPE LONG-HAUL CAP
China is reportedly close to committing to up to 750 Boeing aircraft (737 and 777), with an initial batch of ~200 jets valuedRead More
CRUISE DISTRIBUTION GETS PRIVATE EQUITY BOOST
World Travel Holdings, the giant behind Dream Vacations and CruiseOne, secured a strategic investment from private equity firm Citation Capital. Annual booking volumeRead More