The Hunter Hotel Investment Conference has revealed that John McKibbon III, founder of M3 and chairman of McKibbon Hospitality and McKibbon Places will be the 2025 recipient of the Hunter Conference Award for Excellence and Inspiration. Each year, the award honors a hotelier who exemplifies exceptional leadership, citizenship and innovation. As a third-generation entrepreneur and the driving force … [Read more...]
Marriott adds two brands to outdoor-focused offerings
Marriott International Inc. has expanded its outdoor-focused lodging offerings with the acquisition of the Postcard Cabins brand, formerly known as Getaway Outposts, and the execution of a long-term agreement with Trailborn. With these outdoor-focused deals, Marriott said it “aims to offer guests and Marriott Bonvoy members more choice in traditional and alternative accommodations in … [Read more...]
Marco Selva joins Stonebridge
Stonebridge Companies LLC, a Denver-based privately-owned hotel management company, has appointed Marco Selva as SVP, of business development & operations, luxury & lifestyle. Selva will focus on expanding the company’s luxury, lifestyle and resort portfolio in the Southeastern U.S., Caribbean and Latin America. Based on Stonebridge’s strategy for growth in these markets, Selva will … [Read more...]
Stonebridge appoints Marco Selva
Stonebridge Companies LLC, a Denver-based privately-owned hotel management company with a range of full-service, select-service and extended-stay properties, has appointed Marco Selva as SVP, of business development & operations, luxury & lifestyle. Selva will focus on expanding the company’s luxury, lifestyle and resort portfolio in the Southeastern U.S., Caribbean and Latin … [Read more...]
Extended Stay America debuts first new-construction Premier Suites
Extended Stay America has opened the first new-construction Premier Suites hotel, Extended Stay America Premier Suites – Nashville – Smyrna in Smyrna, TN. RREAF Holdings developed the property, which is managed by McNeill Hotel Company. The three-story, 115-room property features complimentary WiFi, free healthy breakfast, a fitness center, onsite guest laundry and an outdoor yard area for … [Read more...]
Reggie Aggarwal named Penn State Hospitality Executive of the Year
The Penn State School of Hospitality Management in the College of Health and Human Development and the Penn State Hotel and Restaurant Society (PSHRS) have named Reggie Aggarwal, founder/CEO, Cvent, as its 2025 Hospitality Executive of the Year. Aggarwal will be honored at the 2025 PSHRS Industry Awards and Reception, which will take place on April 8, 2025, at the Nittany Lion Inn among alumni, … [Read more...]
Davidson appoints Brad Barnett, Michael Yousif to corporate team
Hospitality management company Davidson Hospitality Group has appointed Brad Barnett as SVP, sales, for its lifestyle operating vertical, Pivot, and promoted Michael Yousif to the role of SVP, acquisitions & business development. “It’s an exciting time to be part of the Davidson family, and we are delighted to continue strategically enhancing our corporate team,” said Thom Geshay, … [Read more...]
LHC Group acquires The Gates Hotel South Beach
An investment vehicle managed and led by Lifestyle Hospitality Capital (LHC) Group and backed by funds advised by Elliott Investment Management L.P., has acquired The Gates Hotel South Beach. The 235-room hotel will undergo a transformative renovation, following which it will be rebranded as The Dean Hotel – Miami Beach. As the U.S. flagship hotel of the Dean Group, the new design and concept will … [Read more...]
MCR acquires Hyatt Regency O’Hare Chicago
MCR has acquired the Hyatt Regency O’Hare Chicago. The 11-story, 1,095-room hotel in Rosemont, IL, underwent a $13 million guestroom renovation in 2020. This is the company’s first Hyatt Regency-branded hotel acquisition and its fifth hotel in Illinois. The hotel is located less than two miles from the Chicago O’Hare International Airport and is connected via skywalk to the Donald E. Stephens … [Read more...]
A-1 Hospitality Group enters partnership with Delta Inn Hotel Group
A-1 Hospitality Group, a family-owned and operated hotel management and development company based in Kennewick, WA, has entered into a strategic partnership with Delta Inn Hotel Group, a family-owned portfolio of hotels. This collaboration will bring Delta Inn’s leadership team and three Portland, OR. airport hotels into A-1’s portfolio. “As we continue to grow our portfolio of managed assets, we … [Read more...]
Remington adds three Orlando hotels to portfolio
Hotel management company Remington Hospitality has assumed management of DoubleTree by Hilton Hotel Orlando Downtown, Holiday Inn Express & Suites Orlando at SeaWorld and TownePlace Suites Orlando at SeaWorld. “From the upcoming opening of Universal’s Epic Universe in 2025 to a surge in commercial development and a steady growth in tourism year-over-year, Orlando is experiencing an exciting … [Read more...]
Report: Digital tipping adds up to $375 per week for associates
Shiny, a provider of associate engagement and retention software, has released its second annual report on tipping for the hospitality industry, which finds that offering digital tipping increases associates’ take-home pay. Entitled “Harnessing Tipping Data to Empower and Motivate Hospitality Workers,” the report offers a comprehensive analysis of tipping behaviors and patterns across a diverse … [Read more...]
Sonesta Miami Airport completes renovation
Sonesta Miami Airport recently completed a five-month-long, multimillion-dollar renovation, which refreshed the 309 guestrooms and public space, while introducing a new on-site restaurant. The renovation’s completion was celebrated with a ribbon-cutting ceremony attended by local dignitaries, Sonesta Hotels & Resorts brand executives, hotel partners and members of the community. “As an … [Read more...]
Clarion Partners secures $677M 52-hotel portfolio refi
RobertDouglas advised Clarion Partners LLC in securing a $677-million, non-recourse senior mortgage, five-year, fixed-rate financing for the refinancing of CBM Two Hotels LP Portfolio, a portfolio consisting of 52 Courtyard by Marriott hotels. “The portfolio’s pristine physical condition after a multi-year renovation process, leading brand affiliation, compelling economics and … [Read more...]
Arriba Capital closes $17.9M refi for Atlanta hotel
Arriba Capital has closed a $17.9-million senior refinance for voco The Darwin Hotel, a boutique property located in Atlanta’s Old Fourth Ward neighborhood. This 111-room hotel is inspired by the local arts scene, blending community influences with unique, upscale design. The lobby showcases the work of local artists and a bar space that transitions from serving specialty coffee in the mornings to … [Read more...]
MCR refinances 22-hotel portfolio for $300M
MCR has secured a $300-million refinancing for a 22-hotel portfolio. Totaling 2,855 guestrooms, the 22-hotel portfolio is spread across 14 states in established and high-growth markets such as Texas, Florida, New Mexico and South Carolina. The hotels are managed by MCR’s in-house operations team of approximately 7,000 professionals. The company acquired the hotels between 2017 and 2020 and … [Read more...]
Newmark arranges $1.75B refi for two Fontainebleau Development resorts
Newmark Group Inc. arranged $1.2 billion and $550 million loans on behalf of Fontainebleau Development for the refinancing of South Florida resorts Fontainebleau Miami Beach and the JW Marriott Miami Turnberry Resort & Spa, respectively. Jordan Roeschlaub and Jonathan Firestone, Newmark copresidents, global debt & structured finance, as well as Vice Chairman Nick Scribani, Managing … [Read more...]
Aloft Phoenix-Airport renovation completed
The property-wide renovation of the Aloft Phoenix-Airport, owned by The RADCO Companies and operated by HEI Hotel & Resorts, has been completed. The property received a full refurbishment to upgrade the guestrooms and baths, public spaces, restaurant and bar, meeting room, fitness center and pool area. “RADCO is thrilled to partner with HEI Hotels & Resorts, Koneski Management Services and … [Read more...]
Hu. Hotel sold
Marcus & Millichap brokered the sale of Hu. Hotel, a 110-room hotel in Memphis, TN. The hotel occupies the former Tennessee Trust Building, built in 1905 and listed on the National Register of Historic Places. Located near Beale Street, the Mississippi River and FedExForum, the hotel features a rooftop bar, meeting spaces and a fitness center. Mitchell Presas, Skyler Cooper, Chris Gomes and … [Read more...]
Lisa Carlson named Lodging Dynamics COO
Lodging Dynamics Hospitality Group has appointed Lisa Carlson as its new COO. She is a hospitality veteran with three decades of leadership experience spanning premium, independent and boutique hotels nationwide. “Lisa’s appointment underscores our commitment to attracting top-tier talent to drive Lodging Dynamics’ mission of operational excellence,” said Jamie Caraher, … [Read more...]