AirAsia Orders 150 Airbus A220s in Record $19 Billion Deal
KUALA LUMPUR & MIRABEL, QUEBEC – AirAsia, the prominent Southeast Asian low-cost carrier, has announced a monumental deal for 150 Airbus A220 aircraft, an agreement valued at an estimated $19…
The $6.3 Billion Take-Private Acquisition of Amex GBT Marks the End of a Tumultuous Decade-Long Ownership Saga
The corporate travel industry witnessed its largest transaction in years with the announcement on Monday of Long Lake Management’s $6.3 billion take-private acquisition of American Express Global Business Travel (Amex…
Long Lake Management to Acquire American Express Global Business Travel in $6.3 Billion Cash Deal, Signalling New Era for Business Travel Innovation.
Long Lake Management, a prominent private equity firm bolstered by the strategic backing of influential technology and travel investors General Catalyst and Alpha Wave, has reached a definitive agreement to…
U.S. States Grapple with Multi-Billion Dollar Revenue Losses as New Report Highlights Vulnerability to International Tourism Downturn.
A comprehensive new federal report from the National Travel and Tourism Office (NTTO), released in April 2026, has cast a stark light on the economic exposure of key U.S. states…
Delta’s New Uncertainty: Navigating a $2 Billion Fuel Headwind in a Post-Pandemic World
Delta Air Lines finds itself at a critical juncture, facing a potential $2 billion financial impact from soaring fuel costs, a challenge that represents a significant shift from the revenue…
European Hostels Transform into Institutional Asset Class as Over $1 Billion in Capital Flows In
Well over $1 billion of institutional capital, equity, and debt has moved into European hostel platforms over the past 30 months, signaling a profound reclassification of the sector from a…
Delta’s New Uncertainty: Navigating a Potential $2 Billion Fuel Hit Amidst Volatile Global Markets
Delta Air Lines finds itself at a critical juncture, grappling with a formidable new challenge: a potential $2 billion increase in fuel costs that threatens to reshape its financial outlook…
European Hotel Investment Defies 2025 Uncertainty, Securing €14.6 Billion in Resilient Transactions Amidst Global Headwinds
European hotel investment demonstrated remarkable resilience in 2025, shrugging off a year marked by pervasive global uncertainty to record a robust €14.6 billion (approximately $17.1 billion) in transactions across 267…
Global Hotel Giants Grapple with $11.6 Billion in Unredeemed Loyalty Points, a Financial Obligation Redefining Corporate Value
Seven of the world’s largest hotel groups collectively owed their loyalty members roughly $11.6 billion in unredeemed points at the end of last year, according to a Skift analysis of…
Dubai Unveils AED 1 Billion Economic Stimulus to Bolster Tourism Amidst Anticipated Regional Geopolitical Challenges
In a decisive move to safeguard its pivotal tourism sector, Dubai has announced a targeted support package for hotels and tourism operators, drawn from a broader AED 1 billion ($272…
















