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5 things to know for April 3

Today's headlines: US jobs growth beats expectations; Omni parent company picks up debt for Greenbrier; American hoteliers hope World Cup serves as a showcase; Fuel costs put off some Australian travelers; Geopolitics rise to biggest travel concern
Omni Hotels & Resorts parent company TRT Holdings has purchased more than $200 million in debt on the historic Greenbrier Resort in White Sulfur Springs. (Photo by Eakin Howard/Getty Images) (Getty Images)
Omni Hotels & Resorts parent company TRT Holdings has purchased more than $200 million in debt on the historic Greenbrier Resort in White Sulfur Springs. (Photo by Eakin Howard/Getty Images) (Getty Images)
CoStar News
April 3, 2026 | 2:25 P.M.

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1. US jobs growth beats expectations

After losing 133,000 jobs in February, the U.S. job market improved in March, adding 178,000 jobs, The Wall Street Journal reports. The Journal's own survey of economists projected just a 59,000-job gain. The unemployment rate fell to 4.3%.

It wasn't all good news, though.

"The decline in the unemployment rate came with an asterisk: The labor force shrank by nearly 400,000 people, meaning fewer Americans were counted as unemployed," the newspaper reports. "The share of Americans working or looking for work slipped to 61.9%, its lowest level since the fall of 2021."

2. Omni parent company picks up debt for Greenbrier

TRT Holding, the parent company of hotel brand Omni Hotels & Resorts, has purchased more than $200 million debt on the historic Greenbrier Resort in White Sulfur Springs, West Virginia, which continues to be owned by Jim Justice, current senator and former governor of that state, WSLS reports.

The resort has faced financial issues in recent years.

Omni already owns the Omni Homestead Resort in Hot Springs, Virginia, less than an hour away from the Greenbrier.

3. American hoteliers hope World Cup serves as a showcase

America's reputation on the global stage as a travel destination has seen better days, but with the 2026 FIFA World Cup just around the corner and slated to take place in 11 American cities, U.S. hoteliers are hopeful the event can highlight the best of traveling to the country, CoStar News' Trevor Simpson reports.

"We all need to get into that mindset and remember that we as an industry are also promoting the U.S. and each of our individual cities to the outside world," said Jonathan Martin, principal and co-founder of Anfield Hotel Advisors. "We have an opportunity to really send folks home thinking, 'Wow, it is actually a great country,' and going to visit is not as scary as they think it might be today."

4. Fuel costs put off some Australian travelers

With a long Easter weekend ahead, this would typically be a strong period for travel across Australia, but Reuters reports high fuel costs are putting a damper on things, much like other parts of the world.

In 2025, roughly 4.5 million Australians traveled for Easter spending 11.1 billion Australian dollars (US$7.67 billion).

"We usually go to the countryside, but because of the petrol situation, we decided to stay at home this year," said 66-year-old Sydney retiree Elsa Ucak.

5. Geopolitics rise to biggest travel concern

Travel agents now say geopolitical uncertainty has risen to the top of the list of clients' concerns for travel, surpassing costs, Travel Weekly reports.

A March survey showed 72% of advisors pointing to geopolitics as barrier to travel, compared to 55.2% saying rising prices.

Click here to read more hotel news on CoStar News Hotels.

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