Grupo Posadas S.A.B. de C.V. announced that the U.S. Bankruptcy Court for the Southern District of New York has approved its Plan of Reorganization.
Shares of LATAM Airlines, Latin America's largest air transport group, plunged on the Chilean stock exchange on Monday after an announcement by the indebted carrier over the weekend of a restructuring plan that would dilute shares in the company.
247 Cuban private entrepreneurs, businesses and cooperatives sent a letter to President Biden denouncing the harmful impact that U.S. sanctions have had on their livelihoods.
Hyatt Hotels Corp. announced the completion of its acquisition of Apple Leisure Group. ALG will operate as a distinct business unit .
The merger of Cendyn and Pegasus provides hoteliers with a platform to maximize the direct-booking channel for the hospitality industry.
The work will relaunch TUI with a fresh brand identity for the post-pandemic world against a backdrop of travel restrictions easing across Europe.