LODGING Staff - 10 Minutes News for Hoteliers - Page 19

4 min

Hyatt Reports Q3 2025 Results

📈 Hyatt Hotels Corporation reported Q3 2025 results from Chicago: RevPAR increased 0.3% compared to Q3 2024. Net rooms grew 12.1%, with a 7.0% rise excluding acquisitions. Net income recorded a loss of $49 million. Gross fees rose 5.9% to $283 million. Adjusted EBITDA increased 5.6% to $291 million. The pipeline includes 141,000 rooms. Notable openings: Park Hyatt Kuala Lumpur and Johannesburg. Total debt stands at $6.0 billion; liquidity at $2.2 billion. Hyatt plans a $0.15/share dividend for Q4 2025.

1 min

Kabani Hotel Group Brokers Sale of Southern Oaks Inn St. Augustine

🏨 MIAMI, Florida—Kabani Hotel Group sold Southern Oaks Inn St. Augustine, a 124-room property in Florida, for $12,501,000, or about $100,814 per room. Brokered by Lucas Mondino, offers emerged within 30 days due to strategic marketing. Built in 1973 on 5.75 acres, the property received updates like roof replacements. St. Augustine, known for its high ADRs and walkability, remains a strong market.

3 min

This Week’s Comings & Goings

🏨 Wyndham Hotels & Resorts CFO Michele Allen departs; Kurt Albert steps in as interim CFO. Holiday Inn Club Vacations appoints Jim Mikolaichik CEO effective December 1, 2025, succeeding John Staten. Auro Hotels welcomes Jay Burnett as EVP. Cristian Albacar Fumado becomes general manager at Nekajui Ritz-Carlton Reserve. Six Senses names André Buldini cluster GM for Milan and Rome. Aruba Marriott Resort appoints Miroushka Statia-Diaz as director of finance. St. Regis Bal Harbour hires Luis Garcia as food & beverage director.

5 min

Choice Hotels International Reports Q3 2025 Results

💸 Choice Hotels International, Inc. reported Q3 2025 results in North Bethesda, Maryland. Net income rose to $180 million from $105.7 million in Q3 2024. Adjusted EBITDA hit $190.1 million, a 7% increase. Global franchise agreements surged 54%. International net rooms grew 8.3%, with strong expansion in China and France. Total revenues increased 5% to $447.3 million. U.S. extended stay net rooms grew 12%. Liquidity stood at $564.2 million with a debt-to-EBITDA ratio of 3.0x.

2 min

The Kessler Collection and Highgate Form Strategic Alliance

🏨 The Kessler Collection has announced a strategic partnership with Highgate, forming a new luxury hotel management platform. Highgate will manage several Kessler hotels in the U.S., including The Casa Monica Resort & Spa in St. Augustine, JW Marriott Savannah Plant Riverside District, and The Grand Bohemian Lodge Greenville. Kessler's staff will join Highgate's Kessler Hospitality division. This alliance aims to combine creativity with operational expertise, enhancing profitability and setting new standards in the luxury hospitality industry.

1 min

Crescent Hotels & Resorts Assumes Management of The Westin Great Southern Columbus

🏨 Crescent Hotels & Resorts has been chosen to manage The Westin Great Southern Columbus, a historic hotel in downtown Columbus, Ohio. Originally built in 1897, the hotel is owned by Whitestone Companies. It features 188 guestrooms and suites, alongside over 13,000 square feet of meeting space. Located near key attractions like the Ohio Statehouse and the Brewery District, it also houses Bar Cicchetti, an Italian restaurant. This transition enhances Crescent's footprint in the Columbus area.

2 min

Choice Hotels Announces Launch of New Rewards Experience

💰 Choice Hotels' enhanced rewards program rolls out in early 2026. Members gain rewards every five nights and achieve Elite status faster: Gold at 5 nights, Platinum at 15, Diamond at 35, and new Titanium at 55 nights or 110,000 credits. Titanium offers a seven-night stay at half points. Points never expire for Elite members. A "Return and Earn" feature gives 1,000 bonus points after two and three stays annually. Points sharing begins later in 2026.

2 min

Wyndham Hotels & Resorts Announces CFO Transition and Names Interim CFO

📈 Michele Allen, Wyndham Hotels & Resorts' CFO, departs in November 2025 after 25 years. Kurt Albert, treasurer since May 2024, is interim CFO. Allen advises until late 2025. CEO Geoff Ballotti praises Allen's contributions and Albert's leadership. Albert, with 15+ years at Wyndham, will manage finances during the transition. Wyndham maintains its 2025 financial outlook.

1 min

Hilton Columbus Polaris Reopens

🏨 Homewood Suites by Hilton Columbus Polaris completed a $2.4 million renovation in Columbus, Ohio, after a five-month project led by Ivy Hospitality. The 92-room hotel upgraded guestrooms, lobby, dining area, lounge, fitness center, and outdoor furniture. Enhancements include new light fixtures, headboards, mattresses, artwork, and bathroom vanity lights. Tommy Holmes, CEO of Ivy Hospitality, expressed pride in the community partnership, while General Manager Bhaveen Patel emphasized commitment to guest satisfaction. Amenities include free hot breakfast, WiFi, and a 24-hour business center.

1 min

Moxy Glendale Breaks Ground

📍 NCG Hospitality broke ground on Moxy Glendale, a five-story, 153-room hotel in Glendale, Arizona, slated to open in Summer 2027. The project is in partnership with Porter Brothers Construction and PK Architects, with interior design by The Society. The design reflects the Sonoran Desert, featuring private cabana suites and a resort-style pool with a walk-up bar. This addition joins NCG's existing three-hotel campus in Glendale, emphasizing design and community.

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