Hyatt Hotels Corp. faced a decline in demand for their all-inclusive resorts in the second quarter, with CEO Mark Hoplamazian attributing it to a “return to pre-pandemic seasonality” in Mexico and the Caribbean. The CFO, Joan Bottarini, mentioned that although the Inclusive Collection portfolio had a strong first quarter with double-digit net package revenue per
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Royal Caribbean International, one of the leading cruise line companies, has recently set its sights on attracting a younger demographic of travelers to their cruises. With the launch of their newest ship, the Utopia of the Seas, the company is targeting millennials and Gen Z individuals, who are showing a strong interest in exploring the
When it comes to dealing with flight delays and cancellations, travelers often find themselves at the mercy of airline policies. According to experts, airlines in the U.S. are not obligated to pay passengers any compensation for disruptions caused by factors such as bad weather or high volume. The summer travel season, which typically runs from
A unique food festival known as ChainFEST is set to make its mark on the East Coast for the very first time. Originating in Los Angeles, this festival aims to take guests on a journey back to their childhood by serving gourmet versions of popular American fast-food dishes. The collaboration between actor B.J. Novak, Michelin-starred
The American craft beer industry is now entering a new era with the establishment of The American Craft Beer Hall of Fame (ACBHOF). This prestigious hall of fame aims to recognize and honor individuals who have significantly contributed to the growth and success of the craft beer industry over the past five decades. Led by
After the recent completion of its bankruptcy proceedings, Hornblower Group has appointed hotel industry executive Mike Flaskey as its new CEO. Flaskey takes over the reins from Kevin Rabbitt, who had been in the role since June 2020. Flaskey comes to Hornblower Group with a wealth of experience in the hotel industry, having previously served
Allegiant Travel Co.’s Sunseeker Resort Charlotte Harbor in Florida is currently experiencing significant financial difficulties. During a recent Q2 earnings call, Allegiant’s executive chairman and outgoing CEO, Maurice Gallagher, disclosed that “all options” are being considered, including the potential sale of the property. The resort is projected to incur a cash loss of around $15
TMC Hospitality, a subdivision of TMC Group, made its debut in 2016 and has since made a name for itself in the boutique hotel sector. In 2018, the company introduced the Bode concept, followed by the launch of the lifestyle brand Drift in 2021. Unlike traditional hotels, TMC Hospitality’s properties offer a unique residential-style experience
It was recently reported that Delta Air Lines rejected onsite assistance from CrowdStrike following a massive outage last month that resulted in thousands of flight cancellations. Delta CEO Ed Bastian revealed on CNBC’s “Squawk Box” that the company incurred losses of approximately $500 million due to customer compensation and other costs related to the outage.
Regent Seven Seas Cruises is set to shake up the cruise industry with an innovative and exciting collaboration with the Aston Martin Aramco Formula One Team. The themed cruise, scheduled for summer 2025, will offer guests a once-in-a-lifetime opportunity to immerse themselves in the world of Formula One racing while enjoying all the luxuries of
Kraft Natural Cheese has recently rolled out their new line of thick cut restaurant-style cheese, Signature Shreds, to transform ordinary home-cooked meals into gourmet experiences typically found in upscale restaurants. The innovative collection features three initial offerings: Cheddar Blend, Mozzarella Blend, and Mexican Blend, all conveniently packaged in reusable 8oz bags. This latest product launch
The recent Hurricane Debby, which hit Florida’s Gulf Coast and is now headed up the East Coast, has caused significant disruptions in cruise itineraries. Carnival Cruise Line ships operating out of Tampa and Jacksonville, Florida, have been particularly affected by the storm. The Carnival Paradise, for example, had to delay its return to the Port
As major airlines like United, Delta, and American Airlines grounded flights on a Friday morning, chaos ensued due to a global IT outage affecting their operations. Eric Napoli, the chief legal officer at AirHelp, described the situation as mass chaos unfolding everywhere, highlighting the incredible bottleneck the shutdown had on numerous flights. This incident left
Allegiant Travel Co.’s Sunseeker Resort Charlotte Harbor in Florida is currently facing significant financial challenges, as revealed by executive chairman Maurice Gallagher during a recent earnings call. The resort is projected to experience a cash loss of approximately $15 million this year, painting a grim financial picture for the property. With all options, including a
In today’s competitive whiskey market, two key elements are vital for building a successful brand – exceptional liquid and a compelling story. The Mary Dowling Whiskey Company, established as a joint venture in 2023 by Pernod Ricard and Kaveh Zamanian, seems to have both aspects covered. With Zamanian, a member of the Kentucky Bourbon Hall
The Department of Transportation’s Office of Aviation Consumer Protection has initiated an investigation into Delta Airlines’ recent operational crisis. The DOT Secretary, Pete Buttigieg, emphasized the importance of Delta honoring their commitments to customer service and complying with the law. This investigation aims to ensure that Delta’s passengers’ rights are upheld in the wake of
Korean Air recently announced the acquisition of 50 new Boeing widebody aircraft, comprising of 20 Boeing 777-9s, 20 Boeing 787-10s, and an option for an additional 10 787-10s. The exact value of the deal remains undisclosed, but the airline is making a significant investment in expanding its fleet capabilities. Role in Merger The new Boeing
Viva Resorts by Wyndham has unveiled a groundbreaking initiative in the travel industry with the launch of Viva Pro Rewards. This new rewards program is specifically designed for travel advisors, offering them unprecedented flexibility and benefits. Unlike traditional rewards programs, Viva Pro Rewards allows advisors to cash in their commissions at any time and choose
