
The region’s hotels reported hotel occupancy of 64.7 percent in June, down 6.1 percent compared to June 2015, the single-largest slump in occupancy of any month this year.

Qatar Airways is to take up to a ten percent stake in oneworld partner LATAM, which will be acquired in connection with a capital increase. The transaction should be completed by the end of 2016.

The owners of Cap Juluca recently issued a written statement informing travel media that they were exploring the idea of selling the popular luxury resort on Anguilla.

The Reuters news service last week reported that Bain was exploring a sale in response to interest from two Chinese companies, Fosun Group and HNA Group Co. Ltd.

A new white paper from the travel management giant shows corporate travel buyers need to start thinking about the implications now and start planning how it will change their travel programs.

Apple Leisure Group, a resort operator in the Caribbean and Mexico, is exploring a sale that could value it at more than $1.5 billion, including debt, after attracting interest from Chinese companies, according to people familiar with the matter.