Bloomberg Hotels in sun-drenched Miami are getting burned by a pullback in Brazilian travel and a building boom that has added thousands of rooms to the market. Nightly room costs are dropping. Greater Miami’s revenue per available room — a key measure of rates and occupancies known as revpar — has fallen each month this year, and in April ...

  Singapore / Bloomberg & AFP The creation of the world’s biggest alliance of low-cost airlines may signal that some of Asia’s struggling budget carriers are headed for the altar. The Value Alliance, announced on Monday, stretches from Japan to Australia and includes Singapore Airlines Ltd.’s Scoot and Nok Airlines Pcl in Thailand. The aim is to sell tickets, or even ...

  Washington / Bloomberg Southwest Airlines Co. pilots, frustrated after four years of unsuccessful contract talks, asked the carrier to guarantee it won’t force them to fly Boeing Co.’s newest 737 before the plane is negotiated into a new agreement for the 8,000 workers. Adding the 737 Max before it’s listed in a labour deal would violate a provision of ...