Veronika Bondarenko
- Indexed articles, last 90 days
- 34
- Latest publication
- Sep 16, 2026
- Outlet visibility, for yahoo.com
- Top 1K sites
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- Jul 7, 2026
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Prominent Sheraton hotel files for Chapter 11 bankruptcy (opens the original)
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As travel numbers in many parts of the country are impacted by rising operating costs and lower international arrivals, many hotel operators have felt the financial fallout, either creeping in slowly or hitting all at once. The historic Hotel Charlotte near Yosemite National Park filed for Chapter 11 bankruptcy protection at the start of the summer. Rushmore Hotel & Suites resort in Rapid City, the main hotel serving overnight visitors to Mount Rushmore, also filed for bankruptcy in the Southern
Another airline cancels all flights for 30 days amid financial troubles (opens the original)
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With aviation often a prohibitively costly industry for individual players without major backing, several smaller and charter carriers did not survive the spike in jet fuel prices that came at the start of 2026 following the U.S.-Israeli strike on Iran. Major recent news in this space includes the collapse of Spirit Airlines and the bankruptcy filing of Latvian flag carrier AirBaltic. Smaller carriers that shut down in 2026 include Mexican holiday airline Magnicharters, Finnish charter airline J
British Airways exits entire market, cancels all flights (opens the original)
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While some international carriers have resumed limited service into Middle Eastern cities like Dubai, Abu Dhabi, Doha and Tel Aviv, the security and financial risks amid a prolonged conflict following the U.S. strike on Iran have pushed most to take the more cautious route. United Airlines recently pushed back the restart of its flight from Newark Liberty (EWR) to Dubai International Airport (DXB) from February until March 2027. American Airlines also recently confirmed that it will not restart
Another national airline files for Chapter 11 bankruptcy (opens the original)
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With jet fuel prices still elevated over the war in Iran and climbing suddenly each time there is renewed conflict, multiple airlines are struggling to cover their costs, in some cases to the point of having to declare bankruptcy. Mexican holiday carrier Magnicharters filed for bankruptcy protection in Mexico City back in May, while British cargo airline European Cargo entered administration, which is the equivalent of bankruptcy for a corporation in the United Kingdom, at the beginning of June.
Another travel company ordered to close in bankruptcy, cancel all trips (opens the original)
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While a bus tour can be an inexpensive and convenient way for some travelers to explore many nearby parts of the world, tour companies that organize and sell such travel have increasingly been falling upon challenging times. A longtime Virginia household name in the travel industry selling tours across the U.S. and Canada, bus travel company Sunshine Tours recently named the "rising cost of fuel, lodging, and overall tour expenses, along with the decline in passenger counts" as the reason to win
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