Highgate Signs Deal to Buy Viceroy Hotels: Viceroy may be able to accelerate its growth and brand awareness given Highgate’s scale and track record. Of course, that is if Highgate can execute well after the deal closes.
Highgate Signs Deal to Buy Viceroy Hotels: Viceroy may be able to accelerate its growth and brand awareness given Highgate’s scale and track record. Of course, that is if Highgate can execute well after the deal closes.
Expedia and Booking Rebuild for Post-Pandemic Landscape: New Skift Research: Travel is back in full swing and Expedia Group and Booking Holdings are now fully recovered versus the pandemic. But under the hood, big changes are underway as these two booking sites revamp their strategies for the future.
Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Ace only has about a dozen properties, but it has punched above its weight in brand impact. Here’s our analysis of whether Sortis is a good home and if $85 million is a good price.
Vacasa Slashes 17 Percent of Workforce in Second Recent Round of Layoffs: It’s clear that Vacasa’s ranks were bloated, and that the company was not very well-run in recent years. Like several other now-struggling, newly public companies, Vacasa faces a challenging road ahead.
Here are the top stories from Daily Lodging Report in the past week. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.
Here are five top stories from the Daily Lodging Report newsletter in the past week. Get news on hotel deals, development, stocks, and career moves. Sign up here now.
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