Basketball team is latest sports franchise to fetch a 10-figure sale price

Excitement among landlords is dimmed by gloomy weather forecast and continuing constraints

In Skift’s top travel stories this week, we looked at the future of cruising, the looming easing of travel restrictions for UK citizens, the Hipmunk co-founders launching a new flight-search tool, and Emirates seeking to revolutionize the way it distributes airfares.
-Dennis Schaal

The latest issue with the 737 Max that Boeing identified is unrelated to problem with the power system that led to the 20-month ban. Still, any issue with a plane’s electrical power system is not trivial.
-Dennis Schaal

This week in the business of sport: judging the true worth of the Premier League’s biggest clubs, why the pandemic drove sports groups into selling digital fan tokens, and more.

Pandemic hastens transition to private lodgings as leisure travellers avoid busy lobbies

Exclusivity going public, like SoHo House’s initial public offering, is a further signal luxury brands are poised for a major upswing on the other side of the pandemic.
-Cameron Sperance

PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–The St. Joe Company Releases Its 2020 Letter to Shareholders and Annual Report on the Company’s Website

Tourists must book directly with a hotel to qualify to get a cash reward. That restriction will help avoid any Mediterranean island’s taxpayer money going into the pockets of global travel agencies.
-Sean O’Neill

The Baird/STR Hotel Stock Index dipped 0.2% in March to a level of 5,131. Year to date through the first three months of 2021, the stock index was up 12.2%.