EasyJet Board Agrees in Principle to $6.9 Billion Takeover Bid from US Investment Firm Castlelake

The board of directors of EasyJet, the United Kingdom’s preeminent low-cost carrier, has reached an agreement in principle to a comprehensive takeover by Castlelake, a prominent U.S.-based alternative investment firm.…

Princess Cruises Partners with Singapore Tourism Board to Significantly Expand Asian Fly-Cruise Market

Princess Cruises has announced a pivotal three-year strategic partnership with the Singapore Tourism Board (STB), a collaboration poised to dramatically amplify the cruise line’s presence in Singapore and double its…

A 12% Stake and a Looming Board Meeting: What Does Accor’s Activist Investor Want?

The quiet passing of the May 2 deadline for shareholder resolutions has cast an intriguing shadow over Accor, one of the world’s leading hospitality groups, as its largest activist investor,…

Wyndham believes AI tools will eventually bring relief to franchisee P&Ls, though not immediately across the board for all hotels.

Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, recently signaled a strategic pivot towards artificial intelligence as a critical lever for bolstering the profitability of its…

Innovative London Tourism Strategies Explored Through 100K Vacay Monopoly Board Challenge

The intersection of travel loyalty programs and experiential tourism has reached a new milestone with the conclusion of the 100K Vacay challenge, an initiative designed to demonstrate the feasibility of…

Tripadvisor Strikes Deal with Activist Investor Starboard Value, Reshaping Board and Strategic Outlook

Tripadvisor, the venerable online travel giant known for its vast repository of user-generated reviews and travel planning tools, announced Monday evening that it has reached a significant agreement with activist…