Travel Market Insights
Marriott Winston-Salem Hotel in North Carolina Sold
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.
1754 Properties LLC has announced the acquisition of the Marriott Winston-Salem, a 319-room full-service hotel located in downtown Winston-Salem, North Carolina. The financial details of the transaction were not disclosed. Hospitality Ventures Management Group, an Atlanta-based hotel operator, will continue to manage the property.
Located at 425 Cherry Street, the Marriott Winston-Salem is situated near several universities, including Wake Forest University and the University of North Carolina. The hotel is also in proximity to the Innovation Quarter, a one million square foot area housing over 200 office buildings and corporate headquarters such as Reynolds American Inc., Hanes, AON, and others. The property provides direct access to the 150,000 square foot Benton Convention Center through a climate-controlled walkway.
The hotel features over 14,000 square feet of meeting space, an indoor swimming pool, a 24/7 fitness center, and digital check-in facilities. Dining options include Butcher & Bull, a modern steakhouse.
1754 Properties has announced plans to invest more than $5 million in renovations. The upgrades will focus on meeting spaces, hallways, and infrastructure improvements to align with client demands.
The acquisition is part of 1754 Properties‘ strategy to expand its presence in the North Carolina market, capitalizing on the region’s economic trends and the hotel’s strategic location.
Key Points
- The U.S. is launching a 12-month pilot program requiring visa bonds of up to $15,000 for some tourists and business travelers from countries with high visa overstay rates.
- The program is expected to impact around 2,000 applicants and applies only to B-1 and B-2 visa categories.
- A separate $250 Visa Integrity Fee is also being introduced, raising concerns about U.S. competitiveness in the global travel market.
Summary
The United States is set to implement a 12-month pilot program requiring selected travelers from countries with high visa overstay rates to post bonds of up to $15,000 when applying for B-1 and B-2 visas. The program, affecting an estimated 2,000 applicants, gives consular officers discretion in setting bond amounts and is intended to address national security concerns. Additionally, a new $250 Visa Integrity Fee will be imposed on most nonimmigrant visa applicants, potentially making U.S. visitor visas among the most expensive in the world and raising concerns about the country’s attractiveness to international travelers.
Air travel in Europe is undergoing a quiet transformation, with new cross-border data offering an insight into how the “average flight” is changing.
Using statistics compiled by Eurocontrol – an air traffic control organization spanning more than 40 member states – it is possible to identify key trends about a typical flight in 2024, and learn more about where European aviation is heading:
Flights are Getting Longer
The average flight distance in Europe hit 1,157 kilometers last year – that’s just over 1,000 nautical miles. This 17 km increase on 2023 might sound modest, but it’s part of a much larger structural shift. Figures show a clear upward trend, with the 2024 average now 107 km further than in 2018.
The reasons behind this are numerous, but there are some big-picture considerations. Domestic and regional routes are in long-term decline, often
Oyo-owned G6 Hospitality is bringing Texas-based hotel management company Galaxy Hotels Group back into its franchise network. Ten of Galaxy’s managed properties, totaling more than 1,300 rooms, will now carry the Motel 6 and Studio 6 brands.
These hotels span Nevada, California and Colorado. Skift has learned that more properties will join in coming months.
In Las Vegas, Studio 6 Suites (308 rooms) will become one of the largest Studio 6 properties in the U.S. Two other Vegas motels will also rebrand.
Galaxy operates hotels across nine U.S. states, representing brands, such as Choice Hotels International, Hilton, IHG, and Marriott. Its CEO Jagmohan D
-
Brand Stories2 weeks agoBloom Hotels: A Modern Vision of Hospitality Redefining Travel
-
Brand Stories1 week agoCheQin.ai sets a new standard for hotel booking with its AI capabilities: empowering travellers to bargain, choose the best, and book with clarity.
-
Destinations & Things To Do2 weeks agoUntouched Destinations: Stunning Hidden Gems You Must Visit
-
Destinations & Things To Do1 week agoThis Hidden Beach in India Glows at Night-But Only in One Secret Season
-
AI in Travel2 weeks agoAI Travel Revolution: Must-Have Guide to the Best Experience
-
Brand Stories1 month agoVoice AI Startup ElevenLabs Plans to Add Hubs Around the World
-
Brand Stories3 weeks agoHow Elon Musk’s rogue Grok chatbot became a cautionary AI tale
-
Asia Travel Pulse1 month agoLooking For Adventure In Asia? Here Are 7 Epic Destinations You Need To Experience At Least Once – Zee News
-
AI in Travel1 month ago‘Will AI take my job?’ A trip to a Beijing fortune-telling bar to see what lies ahead | China
-
Brand Stories2 weeks agoContactless Hospitality: Why Remote Management Technology Is Key to Seamless Guest Experiences
You must be logged in to post a comment Login