Wyndham CEO Geoff Ballotti Discloses Cancer Diagnosis
Skift Take
Wyndham's CEO will continue to work while getting treatment for cancer. Corvex Management demands Whitbread sell Premier Inn. Plus, more hotel news.
The DJIA was up 160 points, while the Nasdaq was down 134, and the S&P 500 was down 5 points. It was yet another strange day on Wall Street. Hotel stocks were mostly higher. RLJ traded up to a new high, while INN was up more than 4%.
Mexico's Secretary of Tourism reported that the country has spent over $42.4 billion USD in tourism promotions. In the first four months of 2026, Mexico's Tourism Investment Portfolio consisted of 773 projects, resulting in a 10% increase in the number of projects and a 16% increase in investment compared to the third quarter of 2025. Quintana Roo represents the largest amount of planned tourist investment with 20% of the national total, followed by Nayarit with 19%, Jalisco with 12%, and Baja Sur at 9%. According to information collected, the sun and beach tourism segment accounts for 28% of the registered projects, followed by cultural tourism with 20%, business tourism with 15%, and ecotourism with 11%.
A new report from Amad
