November 30, 2018
As technology continues to increase its influence on logistical planning, and millennials' preferences have companies scrambling to capture their attention, the travel industry has undergone a notable transformation. Today's consumers demand a seamless process in most every part of their day-to-day lives, and they expect these comforts to translate into their travel experiences, from hotel bookings to restaurant reservations to unforgettable live events. But in catering to the instant gratification driven by the demand of primarily millennials, it is possible for the hospitality industry to unintentionally overlook another demographic of travelers that remains as equally as robust as the millennial market: baby boomers.
 
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C.A.R.E.,   The Cooperative Association of Resort Exchangers, has just completed a successful annual circuit of major industry events across North America for 2018.  C.A.R.E., represented by its President Linda Mayhugh , attended ARDA WIN  Annual  in Orlando, GNEX 2018  in Miami, ARDA World  in Las Vegas, AMDETUR  in Mexico City, VO-CON '18 (CVOA)  in Blue Mountain, Ontario and ARDA Fall  in Washington, D.C.

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Hilton Grand Vacations Inc. (NYSE: HGV) today announces it has increased its credit facility to $1 billion from $400 million. HGV refinanced and increased the capacity under the existing revolving facility by $600 million to $800 million. As of the transaction close, $745 million remains available under the revolver.

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Vail Resorts, Inc. (NYSE: MTN) today took major steps in its 'Commitment to Zero,' as the Company announced a long-term wind energy contract to purchase the equivalent amount of electricity needed to power 100 percent of its estimated FY 2019 North American operations by 2020. Additionally, Vail Resorts announced a partnership with Eco-Products to supply all of its North American restaurants with compostable and recycled-content items and eliminate conventional single-use plastics, a  process which will begin during the 2018-19 winter season.


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Resort Trades Weekly | 931-484-8819 |   news@resorttrades.com |   www.resorttrades.com
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