Puerto Rico Gov. Ricardo Rossello and Airbnb CEO Brian Chesky have partnered to drive tourism to the island as it continues to rebuild after the hurricanes last September.

The tourism industry in the Caribbean region attracted almost one million fewer visitors after hurricanes Irma and Maria hit last year, costing it over $700 million, according to an industry study released Monday.

Package bookings drive incremental demand for hotel partners as package bookings typically have one and a half times the length of stay than a standalone hotel booking and half the cancellation rate.

Air France’s share price dived Monday after its CEO quit and the French government warned that the country’s flagship carrier might collapse.

Cayman Islands realtors point to increased flights from key North American destinations and hurricane-free weather in 2017.

Accorhotels has acquired Mövenpick Hotels & Resorts in a blockbuster deal worth €482 million.