The Lodging Lowdown is a series from Hotel Dive highlighting major headlines that hospitality professionals may have missed from the week.
This week, Marriott International and Choice Hotels International reported third-quarter earnings, both posting year-over-year U.S. RevPAR gains.
Meanwhile, investment firm Gencom acquired the InterContinental Miami as well as Rosewood London, with the latter marking its first luxury hotel buy in Europe.
Additionally, Fairmont New Orleans opened this week, and Sonesta entered an exclusive strategic affiliation with Boyd Gaming slated to add a collection of casino resorts to the hotel company’s distribution platform.
Here is other news from the week that hoteliers may have missed:
Remington Hospitality appoints chief technology officer
Hotel management company Remington Hospitality has appointed company executive Ayotunde Gibbs as chief technology officer, according to a Thursday release.
Gibbs joined Remington in January as executive vice president of technology. In her expanded role as CTO, Gibbs will oversee all enterprise technology across the organization.
She is tasked with applying artificial intelligence and integrated data “to drive efficiency, improve decision-making, support scalable growth, and deliver sharper insight and long-term value to ownership groups,” per the release.
Gibbs brings more than 20 years of experience in information technology and digital transformation to the role, Remington said. She previously held tech-focused leadership roles at companies such as Dave & Buster’s and GameStop.
Hilton and Choice Hotels also recently named new CTOs.
Hersha Hotels & Resorts sells Home2 Suites hotel in Boston
Hersha Hotels & Resorts sold the 130-key Home2 Suites Boston South Bay hotel to an undisclosed buyer, according to a JLL release obtained by Hotel Dive.
Completed in 2020, the Hilton-branded extended stay hotel features guest suites with designated living and sleeping areas as well as fully equipped kitchens with full-size refrigerators, microwaves and dishwashers, per the release. The property also includes a fitness center, business center, self-parking for 55 vehicles, guest laundry facilities and complimentary breakfast.
Situated near demand generators such as Boston Medical Center, Harvard University and the Massachusetts Institute of Technology, the hotel is positioned “perfectly to capture expanding demand from the surrounding submarket developments,” Alan Suzuki, senior managing director on the JLL Hotels & Hospitality team that brokered the transaction, said in a statement.
The sale comes as the extended stay category remains a compelling opportunity for hotel owners, executives said during The Lodging Conference last month.
Peachtree Group opens dual-branded Marriott in Dallas
Peachtree Group opened the 264-key dual-branded AC Hotel Dallas Uptown and Moxy Dallas Uptown in Texas, the investment and management firm announced Thursday.
The property features two Marriott-branded hotels: a 110-room AC Hotel and a 154-room Moxy, combining AC’s “European-inspired design” with Moxy's “energetic, lifestyle-focused experience,” per the release. Shared amenities include a 1,000-square-foot fitness center, flexible meetings and events space and an indoor-outdoor rooftop bar with views of the Dallas skyline.
Developed in collaboration with Phoenix Development Partners and operated by Peachtree’s hospitality management division, the hotel opens as “Dallas continues to attract significant corporate investment, particularly in financial services, reinforcing its position as one of the country's leading business destinations,” Peachtree CEO Greg Friedman said in a statement.
Peachtree has focused on development across Texas more broadly in recent years, previously working on a dual-branded Embassy Suites and Tempo by Hilton hotel in Austin.
