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Gencom, a US investment firm that owns a hotel portfolio worth nearly $8 billion, announces a new organisational structure built around two distinct entities, Gencom Capital and Gencom Real Estate, alongside several strategic appointments. Karim Alibhai, founder and CEO, will continue to oversee the entire Group, while Donald McGregor becomes President of Gencom Real Estate and Alessandro Colantonio takes charge of investments.

As part of the portfolio optimisation strategy announced in a press release on 9 April 2026, Ashford Hospitality Trust had already confirmed the sale of four hotels and entered into definitive agreements for two additional sales. The Group has now completed, on 31 July, a seventh, separate divestment: the Hyatt Regency Long Island. Together, these transactions are expected to generate more than $60 million in future capital expenditure savings.

World Travel Awards announces that Diamonds Bijoux Zanzibar will host its Africa Gala ceremony on 28 August 2026. The five-star all-inclusive property, opened in January on the archipelago's southeast coast, will mark the third ceremony held in partnership with Diamonds Resorts, following two previous editions in Zanzibar in 2016 and Kenya in 2024.

Law firm ESTEEM announces it has advised 1 Asset Management and its IAM Luxury Hotels Fund on the proposed sale of the Grand Hotel Vilnius, Curio Collection by Hilton. The company operating the property is to be acquired by an entity linked to Tesonet Global, UAB, in a transaction still subject to approval by the Lithuanian Competition Council.

Rixos Hotels Gulf announces the return of Ismail Alcay to Rixos Al Mairid Ras Al Khaimah, as General Manager, as the resort embarks on a new phase of growth and transformation. With more than twenty years of international hospitality experience, he brings an intimate knowledge of the property and the Rixos brand.

Evelyne Chabrot, who devoted more than four decades to Accor, including more than twenty years in senior human resources roles, passed away on Saturday 8 August 2026. Having joined the group in 1974, she accompanied its major transformations before embarking on a second career in coaching and personal development.

The Hongkong and Shanghai Hotels, owner of the Peninsula Hotels group, reports first-half results marked by a return to profitability, with profit attributable to shareholders of HK$23 million, compared with a HK$289 million loss a year earlier. Driven by strong RevPAR growth in Greater China and the United States, the Group also announces HK$2.1 billion in renovation plans for the Peninsula Hong Kong and the Peninsula Tokyo.

Shangri-La Group announces the soft opening of JEN Hangzhou by Shangri-La, the JEN brand's tenth property worldwide and its first in the city. Set within the former Hangzhou Oxygen Plant site, inside the Hangzhou Kerry Plaza complex, the 176-room hotel blends preserved industrial architecture with the lifestyle brand's signature "Live New Asia" spirit.

Minor Hotels reports stable results for the second quarter of 2026, with core profit up 2% to THB 2.8 billion, driven by strength in Europe and the Americas offsetting disruption in the Middle East. The Group also accelerates its asset-right development strategy, signing 29 hotel management agreements in the half, including 20 in the second quarter alone.

Alexandre Ventadour has been appointed President of the Comité Martiniquais du Tourisme by Serge Letchimy, President of the Executive Council of the Collectivité Territoriale de Martinique, following Bénédicte di Geronimo's decision to step down. A territorial councillor already heading several strategic committees and President of the Martinique Développement agency, he also brings nearly fifteen years of experience in digital and advertising, at Yahoo!, Facebook and then at the helm of his own digital transformation consultancy, Complay.