LODGING Staff - 10 Minutes News for Hoteliers - Page 81

2 min

The Radical Hotel Joins Tapestry Collection by Hilton

🏛 The Radical Hotel in Asheville's River Arts District, North Carolina, joined Tapestry Collection by Hilton, which includes nearly 160 independent hotels. After recovering from Hurricane Helene, the boutique hotel and living art installation, housed in a refurbished 1920s warehouse and former cereal factory, features 70 guestrooms and suites. The property, managed by Driftwood Capital, debuted in October 2023, offering a unique experience with a local touch, art-forward design, and a rooftop bar.

2 min

ForWard Conference Moves to Atlanta, Centers Theme on Amplifying Power for Women in Hospitality

📝 Nearly 1,000 hospitality professionals attended the AHLA Foundation's ForWard Conference in Atlanta, at Hyatt Regency, to empower women in leadership. The event featured speakers like Jennifer Hyman, Lamiaa Laurene Daif, and Makeba Riddick, offering sessions on negotiation, AI, guest expectations, and more. The ForWard initiative seeks to address the underrepresentation of women in hospitality leadership through professional development and networking.

3 min

DoubleTree by Hilton Unveils ‘piebird’ Dining Concept

🥧 DoubleTree by Hilton unveils piebird, a new restaurant/bar concept by StiR Creative Collective, starting fall 2025 in Nanuet, New York, followed by Asheville, North Carolina in early 2026. Piebird offers a modern take on American classics, with a focus on specialty pies and a balanced menu inspired by various U.S. regions. It features seasonal pies, the staple piebird Pie, and unique cocktails like the Cookie Martini and piebird Palmer. The design echoes a cozy, vintage-inspired aesthetic to complement DoubleTree's hospitality.

4 min

Choice Hotels International Reports Q1 2025 Results

💰 Choice Hotels International, Inc. reported a net income increase of 44% to $44.5 million in Q1 2025, with diluted EPS up 52% to $0.94. Adjusted EBITDA reached a record $129.6 million, up 4%. Adjusted diluted EPS also set a record at $1.34, a 5% increase. Net global rooms grew 2.8%, while domestic extended stay rooms surged 10.8%. Domestic RevPAR increased by 2.3%, with extended stay and midscale/economy outperforming their respective chain scales. Total Q1 2025 revenues hit $333 million, with partnership services and fees up 28% to $25.4 million. A liquidity of $593.8 million was reported, and $64.6 million spent on share repurchases. The 2025 outlook has been adjusted to anticipate more moderate domestic RevPAR growth.

1 min

MacNaughton Hospitality Partners With Stayntouch

🏨 Stayntouch updated its partnership with MacNaughton Hospitality for three Oahu properties: Waikiki Malia, Lotus Honolulu, and Hotel Renew. The Stayntouch PMS platform enhances personalized service, guest experiences, and operational efficiency. MacNaughton Hospitality offers three distinct Hawaiian experiences, prioritizing service and local values. Their VP, Carmine Iommazzo, highlights the platform's role in operational modernization and guest engagement, while Priya Rajamani of Stayntouch endorses their contribution to MacNaughton's authentic hospitality.

1 min

HREC Arranges Sale of Best Western Territorial Inn & Suites

📌 Best Western Territorial Inn & Suites in Bloomfield, New Mexico, consisting of 65 rooms, was sold by HREC Investment Advisors, who represented VWH Enterprises Inc. The hotel was purchased by JHMC Inc., a southwestern US regional hotel management company. The transaction was led by Jeffrey Duni, senior vice president of HREC. The acquisition aims to streamline sales and management with a nearby Best Western in Farmington, New Mexico. Bloomfield, with a population of around 8,000, is strategically located near US 64, offering access to the Four Corners region and attractions like the Aztec Ruins National Monument.

5 min

Marriott International Reports Q1 2025 Results

🏨 Marriott International reported first-quarter 2025 results from Bethesda, Maryland. Worldwide RevPAR increased by 4.1%, with a 3.3% rise in the U.S. and Canada, and a 5.9% jump internationally. The company's diluted EPS was $2.39, adjusted diluted EPS $2.32, net income reached $665 million, and adjusted net income was $645 million. Adjusted EBITDA hit $1,217 million. Marriott added approximately 12,200 net rooms, indicating a 4.6% growth from the previous year's first quarter. The worldwide development pipeline featured 3,800 properties and over 587,000 rooms, expanding by 7.4% year-over-year. Share repurchases totaled $0.8 billion in the quarter, with $1.2 billion returned to shareholders through buybacks and dividends to date. Marriott Bonvoy loyalty program grew to nearly 237 million members. CEO Anthony Capuano mentioned the acquisition of citizenM brand and projected a full-year 2025 net rooms growth of around 5%.

2 min

Marriott Bonvoy Introduces ‘Travel Roulette’ in Celebration of 1 Million U.S. Hotel Rooms

🎲 Marriott Bonvoy survey found 43% of Americans likely to book an unplanned trip within two months to a random destination this year. To mark 1 million U.S. hotel rooms, Marriott Bonvoy introduced Marriott Bonvoy Roulette, a chance-based digital experience. From May 7-26, members can spin a wheel at MarriottBonvoyRoulette.com for instant prizes and entry to win 1 million points and a 4-night stay at Canal House of Georgetown. Additional prizes include two-night stays at various U.S. Marriott hotels.

3 min

Choice Hotels International Concludes Its 69th Annual Convention

📆 Choice Hotels International, Inc. concluded its 69th Annual Convention in Las Vegas, Nevada, announcing strategic investments and tools for hotel owners. The Ascend Collection surpassed 400 properties, and new signature breakfast items were introduced for Comfort and Country Inn & Suites. Premier Legacy and Developer Awards were given to Burton Hotel Group and Athena Hospitality Group, respectively. A Lifetime Achievement Award was posthumously bestowed on Toshio Muraki, founder of Choice Hotels Japan. Best of Choice Awards recognized top-performing hotels globally, including Cambria Hotel Traverse City and CH Boutique Hotel & Apartments in Australia.

2 min

Hunter Hotel Advisors Facilitates Sale and Financing of Home2 Suites San Antonio North Stone Oak

🏨 On April 29, 2025, in San Antonio, Texas, Hunter Hotel Advisors sold Home2 Suites by Hilton San Antonio North Stone Oak to a San Diego-based investor. The price remains undisclosed. This deal represents Hunter’s eighth closing in the past year, totaling over $105 million in sales. Adeel Amin secured financing with a CMBS loan at a 7.37% fixed interest rate and 11.5% debt yield. The hotel, near San Antonio International Airport, offers 106 kitchenette-equipped guestrooms and amenities like a fitness center and outdoor pool.

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