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Hospitality Trends
Highgate | December 19, 2022
An affiliate of the Principals of Highgate announced that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts (Viceroy). The LA-based, award-winning hospitality group is known for its highly individual modern luxury hotels and resorts throughout the world, and was voted one of the top 10 hotel brands globally in the 2022 Travel + Leisure World's Best Awards. The Viceroy brand debuted in 2000 with the launch of Viceroy Santa Monica and has evolved into a ...
Travel Technology
Euromonitor International | November 09, 2020
With world arrivals forecast to be down 50% by the end of 2020, the global travel supply chain is under immense pressure. Faced with the reality of a global recession and new waves of the virus, countries are using innovation to accelerate recovery, according to global market research company Euromonitor International’s new report ‘Accelerating Travel Innovation after Coronavirus’....
U.S. Travel Association | June 11, 2020
One of the ways the tourism industry wants to get travel back on track is to encourage people to take vacations with a new tax incentive. The “Explore America” Tax Credit is a new plan circulating around Congress and the White House that could give Americans up to $4,000 in tax breaks for vacation expenses at hotels, theme parks and other tourism businesses through the end of 2021....
Avenir | January 24, 2022
Avenir Hospitality (“Avenir”) has announced its acquisition of the Cannon Beach Hotel Collection, a portfolio of 4 boutique hotels located in Cannon Beach, Oregon. Avenir has partnered with New York-based boutique hotel operator Life House to manage the portfolio, which represents the company’s first properties in the Pacific Northwest.Named one of National Geographic's 100 Most Beautiful Places and one of its 21 Best Beaches in the World, Cannon Beach is renowned for its s...
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