finance Archives

Tour Operators

TUI’s New Climate Bonds: Environmental Progress or Greenwashing?

The popularity of TUI’s sustainability-linked bonds far surpassed the company’s projections. Will these SLBs be a step toward more sustainable tourism or a mechanism for greenwashing?

Jesse Chase-Lubitz | 5 days ago

Hotels

Hilton’s New Program Aims to Match Aspiring Hotel Owners With Capital

More needs to be done to democratize hotel ownership, and Hilton's new program is a promising example.

Sean O'Neill | 3 months ago

Business Travel

Citi and Navan Enter Into Travel and Expense Partnership

This is a big win for Navan, giving it an inside track to a lot of Citi's corporate accounts.

Dennis Schaal | 6 months ago

Hotels

Wyndham Believes Banking Crisis Won’t Hurt Its Hotel Pipeline

Will a slowdown in bank lending lead to weakened hotel development for Wyndham? The world's largest hotel franchisor doesn't expect a problem, and it makes plausible arguments about why.

Sean O'Neill | 12 months ago

Tourism

Expedia, TUI-Backed Fund Created to Support Sustainable Tourism

The UnTours Foundation is tired of all the talk and no action when it comes to making tourism sustainable. They hope their new $10 million fund will finally get the tourism industry in action mode. If the fund shows both impact and returns are possible, maybe the financial markets will take sustainable tourism more seriously as a business opportunity — a critical factor for industry-wide change.

Dawit Habtemariam | 1 year ago

News Blog

Trip.com Group Taps $1.5 Billion Loan Tied to Green Targets

Trip.com Group said on Friday it had tapped a $1.5 billion sustainability-linked loan facility, meaning that the financing terms link the debt's interest rates to the Chinese online travel giant's performance against specific environmental targets. The Shanghai-based company will use three-year dual-tranche term loan facility to refinance some of its debt, and the rest for…

Sean O'Neill | 1 year ago

News Blog

Expedia Group Names Julie Whalen as Chief Financial Officer, First Woman There in This Leading Role

Expedia Group appointed board member Julie Whalen as the company's new chief financial officer, replacing Eric Hart, effective September 26. Whalen, the first female leader at this level at the company, will lead Expedia Group's global finance organization, and will have a high-profile position, helping to explain the company's performance during earnings call and conferences.…

Dennis Schaal | 2 years ago

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