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Clark Miller A very rare watch sold for $1.5 million at auction a few days ago, a 14-karat gold heirloom belonging to John Jacob Astor IV, the man who opened the Waldorf Astoria hotel in Manhattan and died on the Titanic. His pocket watch, along with his body, was discovered shortly after the disaster. The man…

Bill Gates will purchase a majority stake in the Four Seasons hotel chain for $2.21 billion, the company announced Wednesday. Cascade Investment LLC, which manages the Microsoft cofounder’s massive…

The hotel industry is projected to rebound to near pre-pandemic levels after being battered by the outbreak of COVID-19, but the path to full recovery is still a ways away, according to a new report from the American Hotel & Lodging Association.

Countries are responding to the threat of new variants of Covid-19 in different ways, but many are introducing the idea of mandatory quarantine in government-designated hotels to ensure that restri…