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News in brief: Mammoth, Chinese tourism, home sharing

Mammoth Resorts sells: Aspen Skiing Co. will buy Mammoth Mountain and three other southern California ski areas. Mammoth Resorts confirmed it will be purchased by the new joint venture of Aspen Skiing and Denver-based KSL Capital Partners.

More from Bloomberg

 


Chinese tourists: Chinese tourists spent 12% more on tourism abroad in 2016, another strong year for outbound tourism from China, the world’s leading outbound market. International tourism expenditure grew by US$11 billion to US$261 billion, an increase by 12% (in local currency). The number of outbound travellers rose 6% to 135 million in 2016. This growth consolidates China’s position as number one source market in the world since 2012, following a trend of double-digit growth in tourism expenditure every year since 2004.

 


Home sharing: Home sharing properties are allowed in one out of every six travel polices (17%), according to a new study released today by the GBTA Foundation, the research and education arm of the Global Business Travel Association. However, more than double the number of business travelers are under the same impression (37%), meaning many travelers are booking and staying in properties unsupported by their travel policy. The study, Home-Sharing and Travel Policies – A Shifting Landscape, was conducted in partnership with AccorHotels and also showed that many companies are making an effort to review home-sharing options before making a decision to include or exclude them from travel policies.

Read the report here

 


Scion Dallas no more: Plans for a Trump-branded hotel in Dallas have been canceled. Trump Hotels had planned to build the first hotel of its new four-star concept, Scion, just a few blocks from Dallas City Hall in downtown. But according to a city council member, the city opted to move forward on another project with another company.

More from WFAA.com

 


Trump hotel to pay: A judge in Florida’s Third District Court of Appeal ruled in favor of The Paint Stop, a small chain of paint stores, in its claim that it was owed more than US$32,000 for paint used during the renovation of the Trump National Doral in Miami. The judge also ruled that the hotel company owed the paint store’s attorney’s fees, which totaled more than US$282,900.

Read the story in the Bradenton Herald

 


Dubai rooftops: Hotels in Dubai are now allowed to build restaurants on their rooftops, Dubai Municipality announced Wednesday.

More from Gulf News Property

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