ABERDEEN, S.D. — My Place Hotels of America announced that its 2024 My Place Convention will take place from Sept. 10-13, 2024, at the Loews Ventana Canyon Resort in Tucson, Arizona. “As a hotel brand, our success is built on our strong partnerships with our franchisees,” said Ryan Rivett, president and CEO of My Place Hotels. “At our brand convention in 2024, we will share innovative … [Read more...]

ATLANTA – During HITEC 2023, Shiji announced a partnership with IPORT, a manufacturer known for enhancing the usability of iPads and iPhones, to introduce an all-in-one software solution for hotel restaurants. This collaboration will provide hoteliers with a seamless combination of a tablet and payment device to maximize their F&B operations. The integrated iOS and payment device solution … [Read more...]

PHILADELPHIA – Real estate and hospitality management company HHM Hotels announced Echelon Luxury & Lifestyle, a new business division formed to support independent owners and investors in driving maximum revenue, value, and optimal profitability for independent and independent-inspired brands. Echelon aims to leverage consumer insights and preferences to deliver best-in-class service while … [Read more...]

Columbus, Ohio–George Limbert, president of Red Roof, has submitted his resignation effective July 12, 2023. He has accepted an executive position to pursue other interests outside the hospitality industry. Red Roof Board Member Mohamed Thowfeek will oversee the day-to-day operations of Red Roof on behalf of the Board as the company commences an executive search. Thowfeek said, “On behalf of … [Read more...]

Coming up on its five-year anniversary, BWH Hotel Group’s boutique Aiden brand continues to gain momentum with 21 properties open and a robust development pipeline that is projected to at least double the portfolio within the next two years. In fact, there are roughly 50 Aiden hotels in various phases of development globally, according to Brad LeBlanc, SVP and chief development officer, BWH … [Read more...]

One of the most consistent challenges affecting the hospitality industry is attracting labor, but finding talent that sticks is also top of mind. Earlier this year, STR reported that labor-related challenges are among the most prominent for hotels in the current global landscape. While employee retention is caused by many factors, multiple hospitality companies are lauded for their company culture … [Read more...]

NEW YORK—At the 45th Annual NYU International Hospitality Industry Investment Conference, NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality and Ernst & Young LLP (EY US) presented findings from the NYU and EY 2023 Hospitality Executive Financial Survey. The NYU SPS Tisch Center and EY US gleaned responses from chief financial officers at 30 leading travel and … [Read more...]

Armed with a brand known for leaving the light on for guests, G6 Hospitality LLC is now shining the light on its new leader. And while Julie Arrowsmith’s path to the C-suite may have been unconventional, she is making it all add up. Arrowsmith—who was elevated from CFO to president/CFO in August—took on the CEO responsibilities in January when longtime CEO Rob Palleschi departed and she was … [Read more...]

In April, Hyatt joined the ranks of hotel companies expanding into the extended-stay space with the launch of its newest select-service brand, Hyatt Studios. LODGING caught up with Jim Chu, chief growth officer at Hyatt, to learn how the brand came to be and the types of guests Hyatt is aiming to attract. Chu said the company conceived Hyatt Studios after identifying a need among hotel … [Read more...]

Rosewood Hotel Group announced Rosewood Impacts, a group-wide roadmap for delivering a positive impact on its communities and the planet. With commitments across the brand’s ecosystem and a sustainability approach that puts circular hospitality in business operations, Rosewood Impacts is a strategic roadmap for future efforts. With tangible goals in the fields of sustainability, employment, … [Read more...]

LODGING was LIVE at the 2023 NYU International Hospitality Industry Investment Conference. Find our show coverage here. ESG (Environmental, social and corporate governance) and immigration reform were among the key topics highlighted by a handful of high-profile CEOs at last week’s NYU International Hospitality Industry Investment Conference. Speaking during the panel discussion … [Read more...]

TYSONS, Virginia—Cvent Holding Corp. announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, which was previously announced on March 14, 2023, includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment … [Read more...]

WASHINGTON—U.S. hotels can benefit from an update to the Paycheck Protection Program (PPP). Following months of collaboration with the American Hotel & Lodging Association and hotel owners across the country, the Small Business Administration (SBA) issued new PPP eligibility guidelines. The update clarifies that hotel owners who used third-party management companies and participated in PPP … [Read more...]

BEVERLY HILLS, California—Continuing the momentum from its most recent acquisition in November 2022, Kirkwood Collection announced it has acquired three historic properties in Palm Springs: La Serena Villas, Del Marcos Hotel, and The Three Fifty Hotel. The addition of the hotels expands Kirkwood Collection’s Greater Palm Springs portfolio to five properties and brings the Kirkwood Collection … [Read more...]

ATLANTA—Hotel Equities (HE) announced the addition of the Wyndham Moline on John Deere Commons in Moline, Illinois, to its management portfolio. The 163-room hotel is located on the Mississippi River and grows HE’s portfolio of properties in the Midwest. The hotel is owned by Moline Hotel, LLC. “We are excited to welcome the Wyndham Moline into our family,” said Al Smith, president of hotel … [Read more...]

As we continue to notice a rise in blended travel models such as remote work, “bleisure” travel, and full-time nomads, hotel brands will need to rethink everything to cater to these travelers. With nearly 81 percent of business travelers extending their time to include leisure travel actvities and many remote workers taking the chance to work from other destinations for “workcations,” hotels will … [Read more...]

Moving into the next phase of its evolution following last year’s merger with Marshall Hotels & Resorts, TPG Hotels & Resorts recently tapped industry veteran Ben Perelmuter to oversee day-to-day operations of the company as president and COO. Perelmuter—whose experience includes nearly 30 years of hospitality leadership, most recently serving as division president at Aimbridge … [Read more...]

AMESBURY, MASSACHUSETTS—Lark announced the debut of four new Lark Independents along North Carolina’s southern shore: The Beach House and The Starlite Inn in Carolina Beach, and The Admiral’s Quarters Motel and The Sand Dunes in Kure Beach. The independently-owned boutique hotels will now be managed and operated by Lark, growing its portfolio of Lark Independents to 18 hotel properties throughout … [Read more...]

LODGING was LIVE at the 2023 NYU International Hospitality Industry Investment Conference. Find our show coverage here. In an exclusive interview with LODGING at the 45th Annual NYU International Hospitality Industry Investment Conference, President and CEO of First Hospitality Group David Duncan discussed his company’s approach to the lingering labor … [Read more...]

NEW YORK—The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality and Boston Consulting Group (BCG) collaborated on a survey of hotel owners, management companies, and other industry stakeholders to gauge their sentiments and prospects for the hospitality industry. The resulting white paper, titled “Hotel Borrowing Costs are Rising—But So Are Occupancy Rates,” projects … [Read more...]