AccorHotels Bids $920 Million For Mantra Group
French hotel group AccorHotels launched a $920 million bid to acquire Mantra Group, Australia’s second-largest hotel company, according to Reuters.
Paris-based AccorHotels is already the leading hotel group in Australia while Mantra operates 125 hotels across Australia, Hawaii and Indonesia under the Mantra, Peppers and Breakfree brands.
Air service returning to the Caribbean, but slowly
Commercial air service resumed on a limited basis last week at airports on St. Croix and Tortola, and they are set to resume Oct. 10 in St. Maarten.
But while it’s encouraging that those locations have joined airports on St. Thomas and in the Puerto Rican cities of San Juan and Aguadilla, which had already reopened in the wake of the September hurricanes Irma and Maria, U.S. carriers expect service reductions and cuts to linger for months to come.
The US and Turkey have imposed travel restrictions on each other’s citizens in an escalating diplomatic spat that highlights worsening relations between Ankara and its western allies.
Washington said late on Sunday it was suspending the processing of all non-immigrant visas in Turkey due to “recent events” that “have forced the United States government to reassess the commitment of the government of Turkey to the security of US mission facilities and personnel”.
Ankara responded in the early hours of Monday with an identical statement, imposing tit-for-tat measures and suspending the processing of visas in its embassy and consulate in the US. It also shut down its online visa system for US citizens.
Wanderlust, not shopping, is propelling China’s second tourism boom. Chinese travellers are eschewing shopping malls for beaches and other experiences, recent data show. Offshore luxury retailers could lose some customers. But as younger members of China’s middle class take more trips abroad, there are bound to be more winners.Add to Flipboard Magazine.