The Grand Cayman Marriott Beach Resort has been purchased by Genbar Cayman Company, Ltd, in a deal arranged by CBRE Hotels.

Southwest Airlines agreed to pay $2.8 million to settle a lawsuit by the federal government over fuselage repairs that a contractor performed on dozens of planes.

Ashford Hospitality Prime has completed its purchase of the Ritz-Carlton St Thomas for $64 million. The property will continue to be operated as a Ritz-Carlton.

A year after its originally scheduled opening date, the Bahamas' stalled Baha Mar resort appears to be getting progressively further from completion.

The attacks on Nov. 13 killed 130 people and injured more than 200 others. Prior to the attacks, the airline’s traffic numbers were tracking higher than during the same period last year. 

AccorHotels has signed an agreement for the acquisition of FRHI Holdings, parent of the Fairmont, Raffles, and Swissôtel brand.