Travel & Tourism News Summary outside main Headlines on November 1, 2023

E-Cigarette Use Down in U.S. High Schools

A study released today from the U.S. Centers for Disease Control and Prevention (CDC) and the U.S. Food and Drug Administration shows that, among high school students, current (past 30-day) use of any tobacco product declined during 2022-2023 (16.5% to 12.6%), primarily driven by a decline in e-cigarette use (14.1% to 10.0%). Declines also occurred for the use of any combustible tobacco product, including cigars, among high school students.

Summit Hotel Reports Latest results

Summit Hotel Properties, Inc. announced results for the three and nine months ended September 30, 2023.

 We are proud of the continued progress on our various balance sheet initiatives during the quarter, including the refinancing of our $200 million joint venture credit facility during the quarter which maintains existing pricing.  We now have no material debt maturities until 2025, a weighted average cost of debt less than 4.8 percent and, inclusive of preferred equity, approximately 80 percent of our balance sheet has fixed rate interest rates,” commented Mr. Stanner.

QYOU Media Appoints Former TikTok Country Manager Raj Mishra

Qyou a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, has announced that Indian digital leader and strategist, Raj Mishra, has joined the company effective immediately as Group CEO of QYOU Media’s India operations overseeing all business units

SOURCE: Travel & Tourism News Summary outside main Headlines on November 1, 2023