Corporate/Finance


  • An aerial view of Miraval The Red Sea hotel.
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    Courtesy of Hyatt
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    Hyatt taps Tamara Lohan as luxury brand leader

    The Mr & Mrs Smith co-founder will guide Hyatt’s global luxury strategy on an interim basis as the company announces multiple high-end property openings in the coming year.

    By Lara Ewen • Dec. 4, 2025
  • A view of the dining room at Four Seasons San Francisco overlooking downtown San Francisco
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    Retrieved from Four Seasons Hotel San Francisco on December 04, 2025
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    Blackstone buys San Francisco Four Seasons amid market’s ‘AI revolution’

    The deal, reportedly priced near $130 million, comes as the city’s beleaguered hospitality market makes a comeback thanks to its growing AI sector, per Blackstone COO Jon Gray.

    By Dec. 4, 2025
  • An phone screen with the Expedia icon.
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    Getty Images
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    Expedia names its first chief AI, data officer

    Xavier Amatriain, a former Google executive, will don dual hats for the travel company. The move is a nod to data quality's criticality for IT initiatives.

    By Nicole Laskowski • Dec. 3, 2025
  • An aerial image of Hyatt Ziva Rose Hall
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    Courtesy of Hyatt
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    Tortuga Resorts names CEO to usher in next phase of growth

    Leo Schlesinger's appointment comes after the company acquired the Playa Hotels & Resorts real estate portfolio from Hyatt for $2 billion.

    By Dec. 3, 2025
  • An aerial view of Aria Resort & Casino and Vdara Hotel & Spa in Las Vegas
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    Retrieved from Marriott International on December 03, 2025
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    Realty Income invests $800M in 2 Las Vegas resorts

    The perpetual preferred equity investment in Aria Resort & Casino and Vdara Hotel & Spa builds on the firm’s relationship with owner Blackstone Real Estate.

    By Dec. 3, 2025
  • Las Vegas Skyline
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    Getty Images
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    MGM rebrands NoMad Las Vegas as The Reserve at Park MGM

    The brand transition will take effect in mid-December, and the property is expected to join Marriott Bonvoy's Autograph Collection in early 2026.

    By Lara Ewen • Dec. 2, 2025
  • Two businesses executives shake hands in office
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    Getty Images
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    Ashford Inc. names new president, chief operating officer

    Hector Sanchez was previously CEO of Ashford Inc. subsidiary Premier, while Eric Batis was most recently the asset management firm’s executive vice president of operations.

    By Lara Ewen • Nov. 26, 2025
  • An interior shot of Cirrus, a Sonder-owned hotel.
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    Courtesy of Sonder
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    From Bonvoy to bankrupt: Sonder’s end outlined

    A timeline recap details Sonder’s history of financial woes, Marriott’s breaking point and where the industry stands after the failed partnership.

    By Nov. 26, 2025
  • The exterior of a CitizenM hotel.
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    Courtesy of Marriott International
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    CitizenM rebrands to Another Star

    The name change follows Marriott International’s acquisition of the citizenM lifestyle hotel brand earlier this year.

    By Nov. 25, 2025
  • A bar with plush seating and a red-and-orange color palette.
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    Courtesy of Ashford Hospitality Trust
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    Ashford Hospitality Trust offloads 3 assets for nearly $70M

    The Dallas-based real estate investment trust is selling properties in New Orleans, Houston and Austin, Texas, in a bid to improve cash flow.

    By Lara Ewen • Nov. 24, 2025
  • An exterior image of Hillsboro Beach Resort by Kasa.
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    Retrieved from Kasa on November 21, 2025
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    Kasa CEO on Sonder’s fatal flaw, property takeover after collapse

    Apart-hotel company Kasa is slated to add several Sonder properties following its abrupt wind-down, which CEO Roman Pedan says resulted, in part, from Sonder’s master-lease operating approach.

    By Nov. 21, 2025
  • A bed in a hotel room.
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    Courtesy of IHG Hotels & Resorts
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    IHG chief development officer for the Americas departs

    Julienne Smith is no longer with the company after holding the title for roughly six years, IHG confirmed.

    By Nov. 20, 2025
  • The logo of a Marriott hotel
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    Brandon Bell/Getty Images via Getty Images
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    Marriott, Sonder implosion detailed in court filing

    Marriott claims Sonder used “guest safety as a bargaining chip” to gain funding for its wind-down. The bankrupt company also owes Marriott millions, per legal documentation.

    By Nov. 19, 2025
  • An exterior view of the Sheraton Phoenix Downtown hotel.
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    Courtesy of JLL
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    Brookfield buys Sheraton Phoenix Downtown from Blackstone

    The 1,003-key convention center hotel sold in “one of the largest hotel sales in Arizona’s history,” according to JLL, which brokered the transaction.

    By Nov. 19, 2025
  • Alexandra Jung
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    Courtesy of Wyndham Hotels & Resorts
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    Wyndham adds global investment leader to board of directors

    With the appointment of Alexandra Jung, the hotel company expands its governing body to nine members.

    By Nov. 18, 2025
  • Exterior of a Virgin Hotels Collection property
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    Retrieved from Virgin Hotels Collection on November 17, 2025
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    Virgin Hotels Collection CEO James Bermingham exits

    Joe Margison, chief commercial officer for brand parent company Virgin Group, has been appointed interim CEO for the next 12 months.

    By Nov. 17, 2025
  • Silhouettes of people walking through an airport terminal.
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    Drew Angerer via Getty Images
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    RevPAR dips, a lack of trips, Sonder’s slip and more from Q3 earnings

    Despite widespread U.S. RevPAR declines amid travel turbulence, hotel CEOs are optimistic about the luxury segment, conversions and artificial intelligence.

    By Nov. 17, 2025
  • The Denver skyline
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    Getty Images
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    Peregrine Hospitality names new chief financial officer

    Stacy Galligan will succeed Tom Barber and will be tasked with managing the company’s financial strategy.

    By Lara Ewen • Nov. 14, 2025
  • A hotel guest rolls a suitcase toward a front desk.
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    Getty Images
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    US RevPAR will decline in 2025: CoStar, Tourism Economics

    In their final hotel forecast revision of the year, the companies further downgraded their full-year outlook, now expecting RevPAR to drop 0.4% amid rising costs and policy uncertainty.

    By Nov. 14, 2025
  • Sonder offers apartment-style accommodations.
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    Courtesy of Sonder
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    What’s next for Marriott after Sonder collapse?

    Marriott is still excited about brand growth in the apartment-style space after terminating its long-term licensing agreement with beleaguered Sonder.

    By Nov. 13, 2025
  • In Philadelphia, union hotel workers at the Wyndham Historic District hotel walked off the job on Nov. 8, 2025.
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    Courtesy of Unite Here
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    Hilton, Wyndham union workers on strike in Los Angeles, Philadelphia

    The employees, who walked off the job Saturday, are calling for increased wages, improved benefits and better working conditions.

    By Lara Ewen • Nov. 13, 2025
  • A Postcard Cabins tiny cabin sits on a lake.
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    Courtesy of Marriott International
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    Hotel Equities bolsters leadership team with slew of executive appointments

    The strategic changes across the company’s full-service, focused-service and lifestyle divisions are designed to drive platform growth and innovation.

    By Lara Ewen • Nov. 12, 2025
  • Marriott added Sonder's portfolio of more than 9,000 rooms to its system in 2024.
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    Courtesy of Sonder
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    Marriott terminates licensing agreement with Sonder

    The deal “is no longer in effect due to Sonder’s default,” according to a Marriott news release.

    By Nov. 10, 2025
  • A digital OOH advertisement for Apple's "Pay The Apple Way" campaign.
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    Courtesy of Apple
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    Apple sets sights on travel spending

    The tech company is embedding its digital wallet as a method of payment at many stages in the travel process in a bid to attract more consumer use.

    By Patrick Cooley • Nov. 7, 2025
  • A sign shows multiple canceled and delayed flights.
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    Roberto Schmidt via Getty Images
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    US hotels face financial burden following nationwide flight cuts

    The FAA’s flight capacity reductions will cost hotels millions each day, with “concerning” losses ahead if the shutdown continues through Thanksgiving, hospitality pros share.

    By Nov. 7, 2025