Accor's Hotel Owner-Operator May Get More Indebted to Hedge Fund Sculptor

WeRoad, a European-based tour operator, has secured €18 million ($19.6 million) in a Series-B funding round led by H14, bringing its total raised capital to €36 million ($39.3 million).

The ancient Maya thrived for some 3,000 years and created a monumental legacy that still inspires pop culture, from animated series to video games. Their stepped stone pyramids and glyph carved temple walls can be found in Guatemala, Belize, and Mexico, home to the well known sites of Tulum, Chichén Itzá, and the Uxmal pyramids.

World-renowned international hotelier Kempinski Hotels has been named operator of a unique new luxury beachfront residences and resort, located on one of the last remaining pristine stretches of the award-winning Grace Bay Beach in Providenciales, Turks and Caicos Islands. The project is being developed by JTRE, a leading European real estate developer and will be operated by Kempinski, Europe’s oldest hotelier – with more than 80 premium properties under management in 36 countries. The two companies signed an operating agreement and together will bring a new level of internationally renowned hospitality, contemporary design and elegant service to the Turks & Caicos Islands portfolio of vacation and ownership offerings.

With miles of white-sand shores and turquoise waters, Turks & Caicos is home to some of the world’s most prized beaches. The editors of Forbes Travel Guide searched the 40 islands and cays that make up the Caribbean nation to find the most luxurious beachside havens. Here are the best hotels and resorts in Turks & Caicos.

American Airlines is looking to expand its schedule of international flights for the summer. 

The American Hotel & Lodging Association on Thursday joined the U.S. Chamber of Commerce and other upset parties in filing a lawsuit in a federal court in Texas questioning the legality of a National Labor Relations Board “joint-employer” regulation announced on October 26

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Choice Hotels International said the organic growth of its development pipeline is healthy despite claims it has recently relied on growth by acquisitions instead.

Good morning from Skift. It’s Tuesday, November 7. Here’s what you need to know about the business of travel today.

Now that Airbnb has seen its listings numbers collapse in New York City because of a regulatory crackdown, the short-term rental company thinks boutique hotels can help fill the gap.

At the start of the year, Sortis Holdings said it would acquire Ace Group International, owner of Ace Hotels, for $85 million in cash. Now the deal is off.

Los Angeles’ city council appeared this week to have reached a political compromise with the local hotel workers’s union about a controversial plan to mandate that hotels temporarily house the homeless.