Corporate/Finance
-
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 -
Retrieved from Four Seasons Hotel San Francisco on December 04, 2025
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 Jenna Graber • Dec. 4, 2025 -
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 -
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 Jenna Graber • Dec. 3, 2025 -
Retrieved from Marriott International on December 03, 2025
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 Jenna Graber • Dec. 3, 2025 -
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 -
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 -
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 Jenna Graber • Nov. 26, 2025 -
CitizenM rebrands to Another Star
The name change follows Marriott International’s acquisition of the citizenM lifestyle hotel brand earlier this year.
By Jenna Graber • Nov. 25, 2025 -
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 -
Retrieved from Kasa on November 21, 2025
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 Jenna Graber • Nov. 21, 2025 -
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 Jenna Graber • Nov. 20, 2025 -
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 Jenna Graber • Nov. 19, 2025 -
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 Jenna Graber • Nov. 19, 2025 -
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 Jenna Graber • Nov. 18, 2025 -
Retrieved from Virgin Hotels Collection on November 17, 2025
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 Jenna Graber • Nov. 17, 2025 -
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 Jenna Graber • Nov. 17, 2025 -
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 -
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 Jenna Graber • Nov. 14, 2025 -
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 Jenna Graber • Nov. 13, 2025 -
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 -
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 terminates licensing agreement with Sonder
The deal “is no longer in effect due to Sonder’s default,” according to a Marriott news release.
By Jill Menze • Nov. 10, 2025 -
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 -
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 Jenna Graber • Nov. 7, 2025