Virgin Atlantic has revealed a £48.5 million after-tax loss for 2017, compared with a £187 million profit for the previous year.

Trinidad and Tobago has signed an agreement with DER Touristik Group, the third largest European travel group following initial discussions in November last year.

The U.S. Embassy in Mexico said Thursday that a security alert about the Caribbean resort of Playa del Carmen was not related to an explosion on a ferry that injured at least two dozen people.

The American Society of Travel Agents (ASTA) has announced the launch of a new trade magazine, Travel Advisor. Formerly known as ASTAnetwork Magazine, it will launch in May of 2018.

Airbnb has announced a new hotel like features called Airbnb Plus, which reveals that tier of service on its own platform.

Consumer spending grew 3.8% in the fourth quarter after a 2.2% gain in the third. The trend is expected to continue through 2018, raising optimism for companies in the leisure and recreation space.