LODGING Staff - 10 Minutes News for Hoteliers - Page 56

1 min

Hunter Advisors Brokers Sale of La Posada de Santa Fe Resort to Abo Sada, LLC in New Mexico

🏨 Hunter Advisors announced the sale of La Posada de Santa Fe, a Tribute Portfolio Resort & Spa, in Santa Fe, New Mexico. The property, brokered by Kami Burnette and Brian Embree, was sold by Ashford Hospitality Trust to Abo Sada, LLC. The resort sits on over five acres, features 157 guestrooms, a spa, and 7,700 square feet of meeting space. Located near Santa Fe Plaza, it offers Pueblo-Revival adobe casitas and multiple dining venues.

3 min

Julie Finn Highlights Mentorship Impact and Predicts Greater Diversity and Inclusion in Hospitality Leadership by 2026

📃 Julie Finn, inspired by a hospitality course, graduated in Hotel and Restaurant Management. Mentored by CoralTree's Terri Haack for over 30 years, Finn learned the significance of grace, respect, and discipline. She has worked with five U.S. presidents and global leaders. In 2025, hospitality showed progress in female leadership. For 2026, Finn predicts more women in executive roles, pay equity, and inclusion efforts like gender-neutral restrooms and partnerships with women-owned businesses.

4 min

Tracy L. Prigmore Advocates for Increased Female Leadership and Capital Access in the Hospitality Industry

💰 Tracy L. Prigmore, a former healthcare executive, transitioned into hotel ownership to align her passion for real estate with guest experience. She founded "She Has a Deal" to support women in hospitality. In 2025, the industry saw increased female leadership, but funding remains a barrier. Prigmore's 2026 outlook emphasizes proactive diversity and inclusion efforts, advocating for women to create their opportunities rather than waiting for them.

2 min

Julienne Smith Appointed Head of Americas Growth at Hyatt, Focusing on Expanding Brand Portfolio Across Regions

📈 Julienne Smith was appointed as head of Americas growth for Hyatt Hotels Corporation in Chicago, Illinois. With over 20 years of hospitality experience, she'll lead brand expansion across North America, Latin America, and the Caribbean. Smith will focus on growing Hyatt's Luxury, Lifestyle, Classics, and Essentials brands. Her past roles include chief development officer for the Americas at IHG Hotels & Resorts and nearly 14 years with Hyatt. Javier Águila remains president of the Inclusive Collection.

4 min

Hunter Conference Highlights Cautious Optimism Amid 20-25% Decline in Hotel Valuations and Economic Uncertainty

📈 The 37th annual Hunter Conference took place at the Signia by Hilton Atlanta from March 16-18. Attendance was strong, with industry leaders discussing resilience in hospitality amid uncertainties. Hotel deal activity increased to $25B but remains below historic peaks, with values down 20-25%. New hotel construction is at a decade low, while conversion activity is at a 10-year high. Debt financing is improving, yet equity remains tight. RevPAR growth shows promise for 2026 despite geopolitical and cost risks.

Cloudbeds Report Reveals Independent Hotels' Revenue Decline in 2025; OTA Bookings Now 63.4% of Total

📈 Cloudbeds' 2026 State of Independent Hotels Report, covering 2025 data from 90 million bookings across 180 countries, revealed key trends. Independent hotels saw a 0.6% drop in occupancy, a 5.8% decline in ADR, and 5.4% in RevPAR. EMEA showed growth, while Asia Pacific faced significant declines. OTA bookings rose to 63.4% with 21.8% cancellations. Booking windows increased to 40 days, with short stays predominating but longer stays up by 25%.

1 min

TakeUp Launches The PickUp, a Centralized Community for Hotel Revenue and Pricing Professionals in Westfield, Ohio

💻 TakeUp launches The PickUp in Westfield, Ohio, a new professional community for hotel revenue managers, general managers, and pricing leaders. Launched in 2026, The PickUp serves as a central hub for discussions on pricing and revenue strategies. It offers resources such as peer discussions, educational tools, webinars, and job postings. As explained by Kourtney Thomas, the platform addresses the evolving landscape influenced by AI and automation, facilitating collaboration and knowledge sharing among industry professionals.

1 min

Dreamscape Hospitality Assumes Management of 153-Room Courtyard by Marriott Bradenton Sarasota/Riverfront Hotel

🏨 Dreamscape Hospitality assumed management of the 153-room Courtyard by Marriott Bradenton Sarasota/Riverfront, located along the Manatee River in downtown Bradenton, Texas. The hotel offers amenities like an outdoor pool, fitness center, and event space. It features The Bistro for dining and is near the Bradenton Area Convention Center and Sarasota-Bradenton International Airport, catering to both business and leisure guests.

3 min

Pamela Delong Reflects on Mentorship and Highlights from Her Hospitality Career, Including 9/11 Experience at Amicalola Falls

🏨 Pamela Delong started her hospitality career inspired by travel advice from her mother and Sally Hancock, enrolling in TV Travel in Dayton. Mentored by Lisa Hanson, she learned hard work and self-advocacy. Delong notably worked at Amicalola Falls during a memorable Sept. 11 reunion for WWII veterans. She now contributes to the hospitality industry with Highgate Hotels, emphasizing diversity and inclusion. Mentorship has been key in her career, fostering leadership growth, including mentoring Tiante Connell at Hampton Inn.

3 min

Nancy Curtin Morris Reflects on Four-Decade Hospitality Career and Advocates for Women's Leadership Opportunities

📈 Nancy Curtin Morris started in hospitality over 40 years ago with Sheraton, progressing to roles at Marriott International, including regional and national positions. Now with Hotel Equities for 16 years, she is completing her PhD on barriers to women in the C-suite. In 2025, she noted that while opportunities exist, women often don't seize them. Looking towards 2026, she sees endless opportunities for diversity in hospitality, emphasizing mentoring and inclusivity.

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