Jersey Mike’s Subs, a formidable player in the quick-service restaurant (QSR) segment, has recently made headlines with a monumental agreement to sell a controlling stake to one of the world’s foremost investment firms, Blackstone, for a staggering $8 billion. This acquisition signifies not only a critical juncture for Jersey Mike’s but also underscores the mounting
The travel and cruise industry is characterized not just by breathtaking destinations and enriching experiences, but also by a complex network of professionals aimed at maximizing sales and fostering lasting relationships. As travel advisors seek to navigate this maze, insights from industry executives stand as valuable guideposts. The recent CruiseWorld conference saw sales leaders from
As Thanksgiving approaches, AAA is projecting an impressive surge in travel this year, with approximately 79.9 million Americans expected to travel at least 50 miles from home between November 26 and December 2. This represents an increase of 1.7 million travelers compared to the previous year, reflecting a growing trend of holiday movement that, for
As the landscape of shopping evolves, the travel industry is catching on quickly. While Black Friday has traditionally been associated with retail, cruise lines have begun to embrace this shopping holiday to entice potential travelers long before the actual date. By initiating promotions weeks in advance, cruise operators are seizing the opportunity to attract attention
With the holiday season approaching, many travelers find themselves in a familiar predicament: booking flights and accommodations at reasonable prices against the backdrop of rising demand. As travel costs typically escalate closer to popular travel dates, understanding how to navigate the complexities of holiday travel planning is crucial. Here, we explore the current trends, effective
The U.S. food and beverage sector is experiencing a noteworthy surge in mergers and acquisitions (M&A) activity, a trend that is mirrored in global markets. Recent findings from a PitchBook report have highlighted a robust interest in private equity (PE) investments within the fast-evolving food and beverage consumer packaged goods (CPG) space. With high-profile deals,
Belvedere, a name synonymous with premium vodka, has once again outdone itself with the launch of Belvedere 10. This ultra-premium Polish vodka, introduced in October, has brought a unique artistic flair to the spirits industry through collaboration with acclaimed director Taika Waititi and international artist Future. However, beyond the glitzy advertising campaigns and stylish packaging,
John F. Kennedy International Airport (JFK) in New York is undergoing a comprehensive redevelopment plan estimated at a staggering $19 billion, aimed at modernizing the airport and enhancing the travel experience for millions of passengers each year. Among the most significant components of this redevelopment is the transformation of Terminals 6 and 7 into a
The world of craft beer is rich with traditions and annual events that excite enthusiasts and professionals alike. Among these, one name stands out in the minds and hearts of beer lovers: Sierra Nevada Brewing’s Celebration IPA. This much-anticipated seasonal release marks not only the arrival of the holiday season but also signifies the conclusion
Spirit Airlines, a name that for years became synonymous with budget air travel, has recently navigated turbulent skies, culminating in a filing for Chapter 11 bankruptcy protection. This development caps off a struggled trajectory marked by mounting financial losses, a failed merger attempt, intensified competition in the airline sector, and a pronounced shift in consumer