Air Canada said it had all the necessary funding required to complete the transaction which is, accordingly, not subject to financing conditions.
Choice Hotels International, Inc. has entered into a strategic agreement with AMResorts. The deal enhances Choice Hotel’s loyalty program, Choice Privileges, allowing members to earn and redeem points at AMResorts’ properties.
The new business brings Marriott International into more competition with short-term home rental players like VRBO, HomeAway and Airbnb.
Onex Corp.’s $5-billion acquisition could reshape Canada’s airline industry and bring in Air Transat in its fold at a later date, according to analysts.
Hotels in the Mexican Caribbean aren’t very happy right now as they’re reporting a 10 percent decline in reservations this summer compared to last year.
Airbnb, the online Facebook-like room renting service, is surging in popularity and importance in the U.S. Virgin Islands, allowing more and different tourists to visit and putting money in the pockets of Virgin Islanders.