The travel industry is transitioning from traditional social media to 'interest media,' where algorithms prioritize content based on user interests, reshaping how travel brands engage with consumers.
Aimbridge Hospitality has promoted Allison Handy to the position of Chief Commercial Officer, where she will oversee sales, revenue management, marketing, and ecommerce functions.
Sirata Beach Resort in St. Petersburg Beach, Florida, has completed a $25 million renovation of its guest rooms, suites, lobby, and fitness center, with plans to transition to a Tapestry Collection by Hilton property.
1754 Properties LLC has acquired the Marriott Winston&Salem, a 319&room hotel in downtown Winston&Salem, North Carolina, with plans for a $5 million renovation.
Excel Group has acquired the Hampton Inn & Suites and Residence Inn in Coconut Creek, Florida, marking its first investments in South Florida in several years.
Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.
Financial and technical difficulties, cost&cutting and layoffs, and now the leadership change recently carried out by the company. The former pioneer of tech&based design accommodations is no longer among the top performers within its niche.