On behalf of its client, Club Med, Jones Lang LaSalle Hotels announced the sale of the Club Med Villas Arqueologicas to a private Mexican investor in partnership with Islander Collection, a Mexico-based hospitality group.

Embraer and Flight Options, one of the largest private jet service companies in the world, based in Cleveland, Ohio, signed a contract for the acquisition of 100 Phenom 300 aircraft, with options for an additional 50 aircraft of the same model.

Phase 1 of the new 5-star resort facility, Iberostar Rose Hall Beach hotel was officially opened last week by Jamaican Prime Minister Bruce Golding. The second phase of the $225 million investment is expected to be completed by May of next year and the third phase by November of 2008. When completed, this will add just 1,000 more hotel rooms to Jamaica’s tourism capital, Montego Bay.

Delta Air Lines Inc. plans to cut costs to deal with higher fuel prices, a senior official told investors on Tuesday, but he offered little insight into whether the third biggest U.S. air carrier will combine with another airline.

Vueling carried 495,860 passengers during November 2007, 74.8 percent more than in the same period last year as the carrier announced. Load factor climbed up to 63.4 percent, 7.3 points above the one registered in November 2006.

A growing sense of economic uncertainty so far hasn’t left Americans uncertain about their travel plans. In fact, a new survey found that 75 percent of Americans said they plan to spend at least as much on leisure travel in 2008 as they did this year.