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LODGING Staff

1773 posts
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  • 2 min

This Week’s Comings & Goings

  • LODGING Staff
  • 26 September 2024
📢 William Dvoranchik becomes VP of Finance at Terranea Resort, overseeing financial operations. Liz Martinez is named General Manager of KLN at Hotel Heron, handling guest service and dining. Mike Kass takes over as General Manager of The Ritz-Carlton Residences, Waikiki Beach, leading a team of 250+. Nazaret Carbonari, with a summer start, is the new General Manager of Waldorf Astoria Cancun, improving guest experience and operations for the 173-room hotel. Antonio Bugarin, with 30 years' experience, oversees the 264-room Hilton Los Cabos as General Manager. Siiri Lobe joins Sheraton Denver Downtown as Director of Sales and Marketing, with 20 years in the field. Tamika Weiss moves to The Elizabeth Hotel as Director of Sales and Marketing. Louis Martin directs food and beverage at Kimpton Rowan Palm Springs. Jessica Bingham manages a 10-person party team as Executive Pastry Chef at Caribe Royale Orlando. Juliette Granon becomes Director of Communications for Rosewood Sào Paulo. Jennifer Goodman is the new Weddings and Events Manager at Grand Hyatt Baha Mar. Sabrina Cendral is appointed VP of Brand Marketing for Unique Vacations, handling Sandals and Beaches Resorts. Kimpton Hotel Monaco Salt Lake City appoints JV Hernandez and Josh Bolden, each with over 15 years of experience, to lead its food and beverage
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  • 2 min

Hospitality America to Manage Hotel Avail, Tapestry Collection by Hilton

  • LODGING Staff
  • 25 September 2024
🏦 Windsor Aughtry Company selects Hospitality America to manage Hotel Avail, Tapestry Collection by Hilton in Rogers, Arkansas, set to open Q2 2025. The 170-room hotel will feature a rooftop restaurant (Oak Steakhouse), café, lobby bar, meeting space, and fitness center. This deal is Windsor Aughtry's 16th development project with Hospitality America, increasing its managed hotels to 21, including 14 Hilton brands. The hotel, located in the Pinnacle uptown area, will cater to both thrill seekers and business travelers. Hospitality America aims to grow from 17 to 40 hotels in under 10 years, with CEO Ben Campbell targeting at least 25 properties in the next 24-36 months.
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  • 2 min

Berkadia Announces Sale of Chase Suite Hotel

  • LODGING Staff
  • 25 September 2024
📌 Berkadia sold the Chase Suite Hotel in Tampa, Florida, consisting of 160 keys on a 4.58-acre waterfront site. Marketed as a redevelopment opportunity, the property near the Westchase Business District includes 12 two-story buildings and a clubhouse, featuring 120 studio suites and 40 two-bedroom suites. Proximity to Tampa Bay, Tampa International Airport, and local attractions emphasizes its prime location for potential condo, hotel, or mixed-use development. Transaction details remain confidential.
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  • 2 min

AHLA Hosts 2024 Hotels on The Hill Event

  • LODGING Staff
  • 25 September 2024
This article was written by Lodging Magazine. Click here to read the original article WASHINGTON—The American Hotel & Lodging Association (AHLA) is hosting its annual Hotels on the Hill fly-in…
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  • 1 min

CoStar: U.S. Hotel Industry Showed Mixed Performance During August

  • LODGING Staff
  • 24 September 2024
🏨 In August 2024, the U.S. hotel industry saw a year-over-year increase in occupancy by 1.5% to 66.9%, while the average daily rate (ADR) rose by 2.3% to $157.84, and revenue per available room (RevPAR) increased by 3.9% to $105.67. New York City led the Top 25 Markets with an occupancy spike of 5.2% reaching 87.3%, whereas New Orleans and Phoenix recorded the lowest occupancies at 54.1% and 58.4%, respectively. The Top 25 Markets outperformed others in both occupancy and ADR.
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  • 1 min

CooperWynn Capital Modifies Doubletree Suites Fort Shelby Loan

  • LODGING Staff
  • 24 September 2024
🏢 CooperWynn Capital secured a loan modification for the Doubletree Suites Fort Shelby in Detroit, Michigan. The hotel boasts 203 suites, over 18,000 square feet of meeting space, three food and beverage outlets, and a fitness center. This financial maneuver allows the hotel's ownership to maintain their loan with replaced covenants as the property's performance improves. Marc Sallette, principal at CooperWynn, led a marketing process to benefit the owners with the incumbent lender providing the most advantageous solution.
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  • 1 min

Rockbridge Celebrates 25th Anniversary With Brand Refresh

  • LODGING Staff
  • 24 September 2024
💰 Rockbridge, founded in 1999 in Columbus, Ohio, celebrates 25 years and unveils a refreshed brand identity. CEO Jim Merkel, leading since 2008, has developed the firm into a national platform with a $4.3 billion portfolio in assets under management. The investment firm boasts 307 real estate and hospitality investments across 39 states, with a total capitalization exceeding $11 billion.
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  • 2 min

Choice Hotels Opens 17 MainStay Suites and Suburban Studios This Year

  • LODGING Staff
  • 23 September 2024
🏨 Between January 1 and September 17, 2024, Choice Hotels International, Inc. opened 17 MainStay Suites and Suburban Studios, penetrating markets in Las Vegas, Nevada; Moreno Valley, California; and Orlando and Tampa, Florida. Notably, 16 of the hotels are conversions with an average transition time of 120 days. Nearly 35 of the 70 properties in the pipeline for both brands, scheduled to open by March 2025, are also conversions. The “Kitchen-in-a-Box” concept facilitates these transformations within 3-4 months.
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  • 3 min

Hyatt Expands Luxury and Lifestyle Hotel Pipeline in the Americas

  • LODGING Staff
  • 23 September 2024
🏡 Hyatt Hotels Corporation is expanding with over 20 new openings across the Americas by 2025. Since 2017, Hyatt doubled luxury rooms, tripled resort rooms, and quintupled lifestyle rooms globally. 88% of consumers showed intent to travel for leisure in 2024. New lifestyle brands and experiences will be added through the acquisition of Standard International. Notable openings include Grand Hyatt Indian Wells Resort & Villas (Sep 9, 2024), Hyatt Centric San José Escazú (Oct 2024), and Park Hyatt Los Cabos (Spring 2025).
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  • 2 min

OYO Parent Company to Acquire G6 Hospitality

  • LODGING Staff
  • 23 September 2024
📌 In a $525 million all-cash deal, Oravel Stays, OYO's parent, will acquire G6 Hospitality from Blackstone Real Estate. OYO, in the US since 2019, operates over 320 hotels across 35 states and plans to add about 250 more in 2024. Motel 6, under G6, generates $1.7 billion in gross room revenues. The transaction is set to close in Q4 2024, with Goldman Sachs & Co. LLC being the lead advisor for Blackstone.
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