Articles in News

Hyatt Completes Acquisition of Two Roads Hospitality

Hyatt Completes Acquisition of Two Roads Hospitality

Hyatt Hotels announced on Friday that it had completed the acquisition of Two Roads Hospitality, an independent hotel management company.
The move places Hyatt in 23 additional markets.
The hotelier further said, now that the deal has closed, that it is in the process of bringing the Two Roads properties and Hyatt lifestyle brands together in a “dedicated lifestyle division.”
Hyatt completed the acquisition for a revised price of $405 million, lower than …

United Airlines Plans Joint Venture with Copa, Avianca

United Airlines Plans Joint Venture with Copa, Avianca

United Airlines said Friday it plans to enter into a joint business agreement with Compañía Panameña de Aviación, or Copa, and Aerovías del Continente Americano, or Avianca, pending government approval.
The partnership, according to the three airlines, would result in new non-stop routes, additional flights on existing routes, and a reduction in travel time. The airlines also expect to provide what they called “integrated, seamless service” for more than 12,000 city …

New Terminal 1 at Los Angeles International Airport Opens

New Terminal 1 at Los Angeles International Airport Opens

Los Angeles World Airports and Southwest Airlines announced on Friday the opening of the new Terminal 1 at Los Angeles International Airport.
The half-billion-dollar project includes all-new check-in areas, self-service kiosks, a new nine-lane security checkpoint, a new baggage claim area, and new shops and restaurants.
The Terminal 1 project is part of the airport’s overall modernization program, which includes the installation of an Automated People Mover.
The Terminal 1 project, part of …

Marriott Reports Breach of Starwood Reservations System, 500 Million Accounts Impacted

Marriott Reports Breach of Starwood Reservations System, 500 Million Accounts Impacted

Marriott International said Friday that one of its reservations systems had been hacked, compromising the personal details of up to 500 million guests.
The computerized reservations system used by Starwood, which merged with Marriott in 2016, was accessed by an unauthorized third party. That party may have had access to guest names, addresses, phone numbers, e-mail addresses, passport numbers, and additional travel information.
Marriott said Friday that the information that was compromised …

United Airlines to Launch Non-Stop Denver-Frankfurt Service

United Airlines to Launch Non-Stop Denver-Frankfurt Service

United Airlines announced plans to offer non-stop service from Denver to Frankfurt.
The inaugural flight will take place on May 2, 2019, subject to government approval. The flight would be the only non-stop service linking the two cities.
The Chicago-based airline will operate the flight using Boeing 787-8 aircraft.
United’s 787-8 cabins are configured with 36 lie-flat seats in business class, 70 seats in economy plus, and 113 seats in economy. Business-class …

Icelandair Abandons Plans for Wow Air Acquisition

Icelandair Abandons Plans for Wow Air Acquisition

Icelandair’s proposed acquisition of low-cost carrier Wow Air has been cancelled.
“The planned acquisition of Icelandair Group of Wow will not go through,” said interim Icelandair CEO Bogi Nils Bogason in a statement, adding that “this conclusion is certainly disappointing.”
Icelandair said that the two airlines were unable to settle all the conditions set forth in the November 5 purchase agreement by Friday and that its board of directors would not recommend …

American Airlines to Offer Flagship First and Business on Boston-Los Angeles Flights

American Airlines to Offer Flagship First and Business on Boston-Los Angeles Flights

American Airlines announced Thursday that it plans to offer passengers Flagship First and Business service on certain flights between Boston and Los Angeles.
The airline will operate flights with its Airbus A321T sub-fleet twice a day. Other flights between the two locations will be conducted using standard domestic aircraft.
The first-class cabin on the A321T has ten fully lie-flat seats in a 1-1 configuration with an extra-wide aisle. The suite-like seats …