Billionaire Tilman Fertitta is buying a debt pile with a casino company attached. His firm is assuming $11.9 billion of debt from Caesars while putting up $5.7 billion to acquire it. Expect asset sales as an endgame.
Ten years after Hilton, Marriott, and other chains began coaxing travelers to book directly, online travel agencies still control roughly the same slice of the pie. Yet the chains have won the economics: lower commissions, better contract terms, and stronger loyalty programs.
Expedia's IShowSpeed partnership is another signal that creator marketing has moved from experiment to core strategy among travel brands — though it’s not yet clear how its social media impressions are converting to bookings.
Airbnb has struggled to scale experiences. Investing in WeRoad — and hiring its CEO — is Chesky's preferred move: partner first, potentially acquire later.
Alaska’s reputation as a bucket list cruise destination rests largely on its wildlife encounters, especially whale sightings. MSC Cruises is treating its first season in the region as a research opportunity, exploring how marine science can guide operations in high-density wildlife corridors.
Fiji earns most of its tourism money from Australia and New Zealand. The Trip.com deal is Fiji's bet on Asia as a backup plan, before someone else claims that space.