Failed Choice Hotels deal drives developer interest for Wyndham in Q1

Wyndham grew its development pipeline to record highs in the quarter, bolstered by an easing of developer uncertainty surrounding Choice Hotels’ takeover bid.

By Jenna Walters • April 25, 2024

Record pipeline, group travel drive Hilton growth in Q1

The company made several moves to further bolster its pipeline in the quarter, particularly through acquisitions and partnerships in the growing lifestyle segment.

By Noelle Mateer • April 24, 2024

Red Roof names Zack Gharib president

Gharib replaces George Limbert, who stepped down last year, and is tasked with leading the company’s strategic portfolio growth.

By Jenna Walters • April 23, 2024

Concord Hospitality appoints Will Loughran chief operating officer

The 30-year industry veteran will take over for Nick Kellock, who is retiring next month.

By Jenna Walters • April 23, 2024

Median sale price of large US hotels declined in Q1: Cornell

Despite the dip, real estate researchers expect to see a rise in the price of large hotels in the second quarter of 2024.

By Michele Laufik • April 22, 2024

Ashford Hospitality’s Stephen Zsigray to take over as CEO

The company veteran will assume the top job July 1 after Rob Hays steps down.

By Jenna Walters • April 19, 2024

DiamondRock names Jeffrey Donnelly CEO in C-suite reorg

The company veteran succeeds Mark Brugger, who departs the real estate investment trust after a 20-year tenure, as the company adopts a “simplified” organizational structure.

By Jenna Walters • April 15, 2024

Certares acquires Hilton Boston Back Bay hotel for $171M

The global investment firm said the property’s location “within one of the top submarkets in the country” made it an attractive investment.

By Jenna Walters • April 11, 2024

Choice Hotels names Judd Wadholm SVP, general manager of core brands

With the appointment, Choice says it's as “committed as ever” to its lower-tier brands like Comfort and Sleep Inn, despite a recent push in upscale.

By Jenna Walters • April 10, 2024

Wyndham appoints CIO Scott Strickland as chief commercial officer

Heading a newly created commercial organization, the company veteran will focus on Wyndham’s technology strategy and oversee global sales, revenue generation, marketing and loyalty.

By Jenna Walters • April 9, 2024

Loews names Dan Flannery chief operating officer

Before joining the New York-based hotel owner and operator, Flannery launched the luxury lifestyle brand Edition alongside hotelier Ian Schrager.

By Noelle Mateer • April 9, 2024

What the Tax Relief for American Families and Workers Act means for hotels

The legislation pending Senate approval could incentivize investment in hotel renovations and property upgrades, according to a Cornell University study.

By Jenna Walters • April 5, 2024

KSL Resorts appoints Greg Kennealey to CEO

The industry veteran succeeds co-founder Scott Dalecio, who is stepping down after 20 years at the helm of the full-service hospitality company.

By Jenna Walters • April 5, 2024

Hilton Grand Vacations promotes CFO to president

With his new role, Dan Mathewes will continue to act as CFO, while a former Bluegreen Vacations exec will take over sales and marketing.

By Noelle Mateer • April 1, 2024

Hospitality America names Ben Campbell president and CEO

The company veteran replaces founder Chris Cargen, who held the top spot for 30 years.

By Jenna Walters • March 29, 2024

Apple Hospitality acquires DC convention hotel for $117M

With the AC Hotel by Marriott, the investment trust expands its upscale portfolio to a market with “a wide variety of demand generators” appealing to business, group and leisure travelers.

By Jenna Walters • March 28, 2024

Four Seasons taps former MGM CTO as tech chief

Sudhakar Veluru, who joined the hotel chain Monday, has nearly two decades of hospitality and tech experience.

By Lindsey Wilkinson • March 27, 2024

Choice Hotels promotes Sireesha Kunduri to chief of product engineering

In her new role, the company veteran will lead the “software product delivery functions” within Choice’s technology team.

By Jenna Walters • March 26, 2024

US hotel RevPAR will grow 3% in 2024: CBRE

The recovery of international travel, plus heightened group and meetings business, will fuel U.S. hotel performance, particularly in urban markets.

By Noelle Mateer • March 25, 2024

Chip Rogers talks AHLA tenure, resignation and future of hospitality

The former American Hotel & Lodging Association president and CEO shared why he left the organization earlier this month, the industry issues facing his successor and advice for emerging talent.

By Jenna Walters • Updated March 20, 2024

Hospitality experts weigh in on failed Choice Hotels-Wyndham merger

After Choice received insufficient support for its exchange offer, hotel industry pros say the decision to walk away from the proposed acquisition may have been its best bet.

By Jenna Walters • March 12, 2024

Choice Hotels ends pursuit to acquire Wyndham

The hotel company will not extend its exchange offer and is withdrawing its slate of director nominees vying for Wyndham board seats to focus on its standalone strategy.

By Jenna Walters • March 11, 2024

Choice Hotels urges Wyndham stockholders to tender shares

As Choice’s March 8 exchange offer deadline approaches, the hotel company reiterated that its acquisition offer provides value far exceeding what Wyndham can achieve alone.

By Jenna Walters • March 6, 2024

AHLA President and CEO William ‘Chip’ Rogers resigns

Kevin Carey will take over as interim president and CEO while continuing in his role as senior executive vice president and COO.

By Jenna Walters • Updated March 6, 2024

Loews Minneapolis Hotel rebranded to Hilton following sale

New owner and management company Marcus Hotels & Resorts will immediately convert the property to The Lofton Hotel under lifestyle brand Tapestry Collection by Hilton.

By Jenna Walters • March 4, 2024