LODGING Staff - 10 Minutes News for Hoteliers - Page 152

2 min

Sage Hospitality Group Promotes Jessica Werner to Chief Creative Officer

📍 Jessica Werner was promoted to Chief Creative Officer (CCO) at Sage Hospitality Group in Denver, Colorado. Werner's tenure with Sage began in 2014, and she's impacted over 50 projects, including the design and repositioning of hotels and restaurants. Under her guidance, Sage Studio launched the Catbird brand in 2021. The recent Denver Union Station and The Crawford Hotel redesign by her team was unveiled in summer, enhancing the guest experience. Werner's CCO role emphasizes Sage's focus on innovative design and hospitality standards.

2 min

Azul Hospitality Adds Hyatt Place South Reno to Managed Portfolio

🏖️ Hyatt Place South Reno, constructed by Tolles Development with Pelzer Hospitality, has opened in Reno, Nevada. Managed by Azul Hospitality, the 132-room hotel offers mountain views, a 24-hour fitness and business center, outdoor patio and terrace, heated pool, golf club, ski storage, breakfast, and The Placery Restaurant. Located near Lake Tahoe, Carson City, and the Reno-Tahoe Airport, it is positioned as ideal for outdoor enthusiasts, families, and business travelers. The Shayden Summit Mall, with new additions like Dave & Buster’s and Trader Joe’s, is also nearby.

3 min

Hilton Partners With Be My Eyes for Blind and Low-Vision Guests

👁 Hilton partnered with the Be My Eyes app, focusing on American and Canadian guests who are blind or have low vision, providing AI-powered assistance and dedicated support to navigate hotel stays. The service connects users to specially trained Hilton agents for help with in-room features and hotel amenities. Hilton's portfolio includes brands like Waldorf Astoria and Hampton. The partnership began in 2023 to improve the “Be My AI” feature and expanded with a specialized support team. Guests also benefit from digital self-service tools for a seamless stay.

2 min

Extended Stay America Premier Suites Opens in Belgrade, Montana

🏠 In Belgrade, Montana, Extended Stay America opened its Premier Suites Belgrade – Bozeman – Yellowstone Airport. Developed by Rimrock Companies and managed by HMC, the four-story hotel features 124 rooms with amenities like WiFi, breakfast, and fully equipped kitchens. Marking the brand's first entry into Montana, it caters to extended stay travelers near Bozeman and Yellowstone Airport, with proximity to attractions like Yellowstone National Park.

1 min

Waterford Hotel Group Promotes Duane Schroder to Chief Growth Officer

📆 Waterford Hotel Group, Connecticut, promoted Duane Schroder to chief growth officer to lead business development and secure management contracts. With over two decades at the company, Schroder's elevation from roles like vice president of operations signifies his leadership skills and dedication. Under his guidance, Waterford aims to expand, focusing on select-service and extended-stay properties across Marriott, Hilton, Hyatt, and IHG brands, as well as the college market for independent and full-service properties.

1 min

Hotel Cleveland Names Crescent Hotels & Resorts Manager

🏨 Crescent Hotels & Resorts now manage Hotel Cleveland, Autograph Collection, located in downtown Cleveland, Ohio. This historic property, over 100 years old, underwent an $80 million renovation and reopened in April 2024. The hotel, featuring 491 guestrooms and 60,000 square feet of meeting space, offers NFC code medallion technology for interactive historical experiences. Amenities include a new lobby bar and restaurant, Maker, and Mowrey's for breakfast and brunch, celebrating Cleveland's tavern culture since 1815.

2 min

Peachtree Group Surpasses $1 Billion in Loan Originations Year to Date

🏦 Peachtree Group in Atlanta, Georgia, surpassed $1 billion in loan originations year-to-date and projects to exceed $1.75 billion in 2024. Hotels lead sector growth with $639 million in credit transactions, a 176% increase from last year, while multifamily originations follow. Notable deals include a $47.0 million loan in Bradenton, Florida, and a $41.9 million loan for the Kimpton Sylvan hotel in Atlanta. Private credit lenders are filling a capital gap as debt maturities may reach $1.5 trillion through 2025. Peachtree is the seventh-largest U.S. commercial real estate investor-driven lender.

2 min

Cendyn: Chattanooga Ranks in Top Secondary Markets for the First Time

🏢 Las Vegas leads top 25 markets with 34.2% year-over-year growth in event volume, while Chattanooga ranks second in top five secondary markets with 62.7% growth. Louisville tops secondary markets with 80.4% increase. Events in Las Vegas average 5,596 square feet and 209 attendees, with weddings comprising 10%. Secondary markets use an average of 3,850 square feet with 127 attendees. Key industries include healthcare, state government, and national associations.

1 min

CoStar: Holidays and Natural Disasters Impact U.S. Hotel Performance

🏨 U.S. hotel industry saw occupancy at 65.6% (↓3.4%), ADR at $156.25 (↓4.4%), and RevPAR at $102.44 (↓7.7%) for September 29-October 5, 2024, as per CoStar. Tampa recorded the highest increases with occupancy up 24.1% to 81.3% and RevPAR up 22.1% to $125.39 due to Hurricane Helene. Las Vegas and Chicago faced the largest RevPAR declines with 25.9% (to $118.51) and 25.8% (to $115.05), respectively.

1 min

Brittain Resorts & Hotels Partners With Provident Hotels & Resorts

🏖️ Brittain Resorts & Hotels partnered with Provident Hotels & Resorts to operate eight hotels and resorts in Florida. CEO Matthew Brittain announced the expansion, aiming to enhance their presence on the East Coast and pursue aggressive growth. The properties include Ocean Pointe Suites at Key Largo, Provident Oceana Beachfront Suites, Sunset Vistas Beachfront Suites, Crystal Palms Suites in Treasure Island, Sailport Waterfront Suites in Tampa, Provident Grand Luxury Short-Term Residences, Provident Doral at the Blue in Doral, and The Mutiny Hotel in Miami.

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