Morgan Stanley travel tips

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate credit cards to write unbiased product reviews.

Viking has unveiled more details about its initial public offering.

Blueground secures capital from top-tier investors, expands sector dominance, and innovates with new business models.

Flying taxis raised hundreds of millions of dollars last year, and they’re continuing to raise money in 2024. Some are further along in development than others, but the one featured this week has already begun testing.

New York-based Blueground, the property-management company that operates furnished 30-plus-day rentals, has raised $45 million in a series D round. 

CitizenM, a premium economy hotel chain, has engaged bankers to review a possible sale of either a minority stake or the entire company, according to a report in the Financial Times Wednesday. The owners are being advised by Morgan Stanley and Eastdil Secured.

Airbnb several years ago had the ambition to be a “super brand for travel.” There was talk of an Airbnb flights feature, as well as restaurants, boutique hotels and experiences. But the pandemic forced it to refocus on its core business of short-term rental stays.

Saudi Arabian low-cost carrier Flynas has hired Goldman Sachs Group, Morgan Stanley and Saudi Fransi Capital for a potential initial public offering on the Saudi Exchange (Tadawul), according to a Bloomberg report.

The spotlight is on Alaska Airlines and Hawaiian Airlines. But Delta Air Lines had some interesting things to say last week as well.

Delta Air Lines is already bringing artificial intelligence into its operations. At an investor conference Wednesday, Delta executives said that they started experimenting with AI in the past month for its reservations team and to determine pricing. 

Delta and Southwest sought to reassure investors Thursday, following negative commentary from several airlines earlier in the week. All of them are confronting a spike in fuel prices, with labor and other costs up as well. And that’s going to hit the bottom line – though some will be impacted more than others.

Maui’s tourism recovery has been moving at a sluggish pace since the wildfires devastated the island’s western region in early August. One factor: Tourists have been slow to return out of sensitivity to locals.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Bulgari Hotels & Resorts opened its eighth hotel on April 4, the Bulgari Hotel Tokyo.

Here are the top stories from the Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Buyout fund Cinven and Canadian pension fund CPPIB have hired Morgan Stanley and Evercore to prepare an initial public offering for Hotelbeds, Expansion newspaper reported on Friday citing unidentified market sources.

Here are the top stories from Daily Lodging Report in the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.