Beacon Roofing agrees to $11 billion QXO buyout, ending takeover battle
Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO, weeks after it rejected a marginally lower bid from the company
Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO, weeks after it rejected a marginally lower bid from the company
Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, the company said on Monday, seeking to boost its presence in Mexico and the Caribbean.
Hilton Worldwide beat Wall Street estimates for fourth-quarter profit on Thursday, as strong demand for business travel led to higher bookings for the hotel operator,
Harley-Davidson on Wednesday forecast 2025 profit and motorcycle revenue to be flat to down 5% as consumers temper big-ticket purchases, sending its
Cessna business jet maker Textron on Wednesday forecast higher private plane deliveries this year and 2024 profit above Wall Street estimates as the
Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed
The U.S. travel sector will have to wait at least two more years for lucrative Chinese tourism to recover to pre-pandemic levels as slow growth and high costs in the
Airbnb
American tourists headed for Japan have surged this year, lured by a slump in the value of the yen, which is also driving a massive jump in foreign investor interest in
Marriott International cut its annual profit forecast on Monday as weak domestic travel in China overshadowed strong group and international demand,
Hilton Worldwide expects to quadruple the number of hotel
Japanese Prime Minister Shigeru Ishiba has sent a letter to President Joe Biden asking him to approve Nippon Steel's acquisition of U.S.
Defense technology company Anduril Industries and ChatGPT-maker OpenAI on Wednesday announced a partnership to develop and deploy advanced artificial
(This Dec. 11 story has been corrected to fix the organization's name from U.S. National Trade and Tourism Office to U.S.
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