Lodging performance continued to improve during August at mountain western resorts in six states, but by many measures, the summer season is historically slow with two months of shoulder season still ahead. That assessment was delivered by DestiMetrics in their monthly Market Briefing by Inntopia.
Author: SGB Media
Strong Rebound At Southeast Destinations To Close Summer
Southeast destinations in Florida, Georgia and South Carolina wrapped up their summer season with a resurgence in booking pace and steady growth in daily rates during the month of August, according to DestiMetrics, a division of Inntopia.
CODI Appoints Managing Director And Head Of Business Development
Compass Diversified Holdings (CODI), the parent of 5.11, Liberty Safe, Marucci Sports and Velocity Outdoor, appointed Katie Melzer as managing director and head of business development. She was at Robert W. Baird & Co.
REI Co-Op Sells Headquarters To Facebook
REI Co-op announced that it has completed the sale of its newly completed corporate campus in the Spring District neighborhood of Bellevue, WA, for a purchase price of $390 million. The 400,000-square-foot campus and approximately six acres of land were purchased by Facebook on September 14.
Alterra Mountain Company Sets Plan For 20/21 Winter Operations
Alterra Mountain Company plans to limit daily lift tickets, prioritize access for season pass holders, eliminate walk-up window sales and discontinue the sale of most undated lift ticket products due to COVID-19 as part of its strategy to prepare for its 20/21 Winter operations.
Town Sports International Files For Bankruptcy
Town Sports International, the parent of New York Sports Club and Boston Sports Club, on Monday filed for Chapter 11 bankruptcy protection. The company plans to keep its gyms open as it works to restructure its debt.
NSSF, OSG Announce SHOT Show Media Partnership
The National Shooting Sports Foundation (NSSF) and Outdoor Sportsman Group (OSG) announced a strategic partnership to drive media coverage and promotion for the 2021 SHOT Show and its exhibitors.
2nd Skull Partners With MLB Players
Major League Baseball Players, Inc. announced a partnership with protective headgear company 2nd Skull Inc. The 2nd Skull brand will be officially licensed by MLB Players, Inc., which will also take an ownership interest in 2nd Skull and support the promotion of its brand and products across the sports equipment market and affiliated youth baseball and other sports organizations.
Crocs Appoints President
Crocs Inc. announced that Michelle Poole has been appointed as president, Crocs, Inc. effective September 10, 2020. She will continue to report to Andrew Rees, CEO.
Hibbett Sports Opens In Morgantown Mall
Hibbett Sports announced the opening of the newly relocated store in the Morgantown Mall in West Virginia.
Evolution Wellness Launches Global Licensing Program For Fire Fitness
Evolution Wellness, one of Asia’s leading health club operator whose portfolio of brands also includes Celebrity Fitness and Fitness First, announced the launch of a global licensing program for its premium boutique gym brand, Fire Fitness.
Puma Signs Neymar
Puma has signed Neymar to an endorsement deal after the Brazilian star forward recently left Nike. Said Bjørn Gulden, chief executive officer of Puma, “He is one of the best players in the world and extremely influential for the global football and youth culture.”
Seafolly Names New CEO
Seafolly, the 45-year-old Australian swimwear maker, appointed Brendan Santamaria as its new CEO. The hire comes as the brand bounces back from voluntary administration and returns to former owners L Catterton.
Technogym’s First-Half Revenues Slump 25 Percent
Technogym reported net earnings tumbled 75.5 percent as sales slumped 24.7 percent. The sales decline was due to the contraction in general sales volumes mainly due of pandemic related postponement of several projects on the Business to Business side. On the other hand, the growth of the Home & Consumer segment was significant with a gain of 50 percent.
Fitbit Receives Regulatory Clearance For ECG App To Identify Atrial Fibrillation (AFib)
Fitbit has received 510(k) clearance from the U.S. Food and Drug Administration (FDA), as well as Conformité Européenne (CE) marking in the European Union, for its electrocardiogram (ECG) app to assess heart rhythm for atrial fibrillation (AFib), a condition that affects more than 33.5 million people globally.
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