Minor International has struck a deal with Oceanwood Capital Management to acquire a 5.7 percent shareholding in NH Hotel Group.

Customers can now visit the brand at Punta Cana International Airport, the busiest airport in the Dominican Republic and second busiest airport in the Caribbean.

Hikes in two different taxes paid by visitors to the Bahamas and Barbados took effect July 1.

The transaction for the seven hotels, which all trade under the DoubleTree by Hilton brand, is expected to close later this year.

Boeing and Embraer have signed a memorandum of understanding to establish a strategic partnership that positions both companies to accelerate growth in global aerospace markets.

The first ACJ320neo has entered final assembly in Hamburg, marking the start of a new era in Airbus corporate jets.