by Traveler | Jun 9, 2025 | Hotel Industry
ALISO VIEJO, California—Sunstone Hotel Investors, Inc. announced that it has completed the sale of the 252-room Hilton New Orleans St. Charles for a gross sale price of $47 million, or approximately $187,000 per key. The sale price represents a 10.1x multiple on 2024...
by Traveler | Jun 9, 2025 | Tourism
The tourism industry worldwide showed a solid rebound in 2025. The UN Tourism’s World Tourism Barometer indicated that during the first three months, international trips surpassed 300 million, a 5% jump compared to 2024. This boost, especially prominent in Asia and...
by Traveler | Jun 9, 2025 | Hotel Industry
As the hotel industry evolves to meet the needs of modern travelers, an old business model is quietly re-surfacing: hourly rate bookings. Once dismissed due to their association with illicit activity, these offerings are returning under the banner of flexibility,...
by Traveler | Jun 9, 2025 | Tourism
Julia Simpson, President & CEO, WTTC, said, “India has great infrastructure, but to grow further, we must embrace digital and seamless travel.” Citing her easy UK-to-India visa experience, she stressed replicating that for others. “We should learn from China’s...
by Traveler | Jun 9, 2025 | Tourism
On June 4th, 2025, President Trump signed a somewhat controversial proclamation. The move imposed a travel ban affecting nationals from nineteen different countries, citing increasing security worries for the United States. A recent antisemitic attack in Boulder,...
