Corporate/Finance: Page 12

  • Choice Hotels International headquarters at the Pike & Rose development in North Bethesda, Maryland.
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    Courtesy of Choice Hotels International
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    Choice Hotels regards international markets as US RevPAR softens

    On the heels of domestic RevPAR declines in Q2, CEO Patrick Pacious touts growth via an acquisition of the remaining interest of Choice Hotels Canada.

    By • Aug. 6, 2025
  • The exterior of a hotel features a large statue of a pencil.
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    Courtesy of Hilton
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    Stonebridge names Kevin Dingle chief development officer

    Dingle comes from Aimbridge Hospitality, where he was senior vice president of business development.

    By • Aug. 6, 2025
  • The logo of a Marriott hotel
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    Brandon Bell/Getty Images via Getty Images
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    Marriott’s US RevPAR flat after Q2 booking, demand declines

    CEO Anthony Capuano attributed the stagnant year-over-year performance to weaker select service demand driven by reduced government and group travel.

    By • Aug. 5, 2025
  • A traveler stands at a check-in kiosk with luggage in front of a sign that reads "JetBlue."
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    Scott Olson via Getty Images
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    Economic uncertainty ‘reshaping deal-making’ as travel and tourism M&A slows

    Subdued deal activity in the first half of 2025, amid an inbound international tourism slump in the U.S., will lead investors to adjust their strategies, per GlobalData’s lead analyst.

    By • Aug. 4, 2025
  • Aimbridge Hospitality filed a lawsuit against Avion Hospitality and its president and CEO, Robert Burg.
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    Courtesy of Aimbridge Hospitality
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    Aimbridge names Allison Handy chief commercial officer

    Handy, who joined the hospitality management firm in 2021, implemented a companywide commercial model last year.

    By • July 31, 2025
  • An MGM Resorts sign
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    Ethan Miller via Getty Images
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    MGM Resorts to ‘restore growth trajectory’ in Vegas after Q2 declines

    The operator’s Vegas revenue was down in the quarter, but sports tourism and solid convention demand show promise for 2026, per CEO Bill Hornbuckle.

    By • July 31, 2025
  • algorithmic pricing, Cendyn, Caesars, DOJ
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    Getty Images
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    Caesars’ Q2 Vegas revenue declines amid ‘softer market demand’

    The resort operator saw the decrease as international visitation dipped in Sin City, though group travel is pacing well into 2026, per CEO Tom Reeg.

    By • July 30, 2025
  • City skyline with high rises.
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    Getty Images
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    Remington Hospitality names Jason Kreul chief operating officer

    Kreul joins from First Hospitality, where he held the same role. At Remington, he’ll report to newly named CEO Ben Perelmuter.

    By • July 29, 2025
  • The glass exterior of the Anaheim Convention Center features blue signage denoting Wyndham's 2023 Global Conference.
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    Courtesy of Wyndham Hotels & Resorts
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    Wyndham touts rooms growth amid ‘softer’ US RevPAR environment

    While Wyndham’s economy and midscale travelers are “especially sensitive” to economic volatility, CEO Geoff Ballotti argued robust development points to a brighter future.

    By • July 24, 2025
  • A hotel lobby with colorful furniture.
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    Courtesy of Marriott International
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    Marriott completes CitizenM acquisition

    The $355 million tie-up, which was announced in April, brings 37 open hotels under Marriott’s system.

    By • July 23, 2025
  • The exterior of a Hilton hotel.
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    Getty Images
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    US market drags Hilton’s Q2 performance

    Though nationwide RevPAR fell 1.5% in the quarter, CEO Chris Nassetta still expressed long-term optimism — and teased forthcoming brands.

    By • July 23, 2025
  • Skyline of San Antonio at night.
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    Getty Images
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    Peachtree launches $250M fund to jump on hotel market dislocation

    The move is intended to allow the Atlanta-based firm to capitalize on “some of the most compelling risk-adjusted opportunities we’ve seen since the global financial crisis,” per CEO Greg Friedman.

    By • July 22, 2025
  • A headshot of Chris Hanrattie.
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    Courtesy of M2G Ventures
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    M2G Ventures adds hospitality vertical

    The Texas-based real estate investment and development firm has tapped Crescent Real Estate’s Chris Hanrattie to lead the effort.

    By • July 17, 2025
  • Travelers walk through an airport terminal that is displaying an American flag.
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    Scott Olson via Getty Images
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    US hotels could lose revenue amid business travel gloom

    Recent U.S. government actions have soured global business travel buyers, leading lodging providers to forecast revenue declines, per a Global Business Travel Association poll.

    By • July 17, 2025
  • Two executives shaking hands.
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    Getty Images
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    7 notable hospitality executive interviews from H1 2025

    In the first half of the year, Hotel Dive spoke with hospitality industry leaders from Marriott, Hyatt and more about everything from growth opportunities to successful loyalty strategies.

    By • July 16, 2025
  • An image of three Marriott International executives
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    Courtesy of Marriott International
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    Marriott CFO Leeny Oberg to exit, 2 successors named

    When Oberg retires in March 2026, company veterans Jen Mason and Shawn Hill will take over as CFO and chief development officer, respectively.

    By • July 15, 2025
  • The lobby of Marriott's W Austin hotel in Austin, Texas.
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    Courtesy of Marriott International
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    Hospitality industry leaders’ top tips for navigating 2025

    In the first half of this year, pros shared advice on hotel safety, sustainability, design, customer experience and more.

    By • July 14, 2025
  • The interior of a hotel room at El Encanto Hotel in Santa Barbara, California.
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    Courtesy of Mike Kelley
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    LVMH sells only US hotel to Tinder founder for $900K per key

    Tech entrepreneur Justin Mateen and brother Tyler Mateen acquired El Encanto Hotel in Santa Barbara, California, with plans for $40 million of upgrades.

    By • July 9, 2025
  • An exterior image of Margaritaville Resort Lake Tahoe.
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    Retrieved from Margaritaville Hotels & Resorts.
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    Remington COO jumps to same role at Davidson Hospitality Group

    Jason Reader becomes chief operating officer at the competing hotel management company several months after Remington’s CEO also departed.

    By • July 8, 2025
  • A headshot of Pete Sams.
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    Courtesy of Highgate
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    Highgate names Pete Sams president

    Sams takes on the newly created role after departing Peregrine Hospitality, where he was chief operating officer.

    By • July 8, 2025
  • An image of Sunseeker Resort Charlotte Harbor in Florida.
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    Courtesy of Sunseeker Resort Charlotte Harbor
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    Blackstone acquires Florida resort from Allegiant for $200M

    The 785-key Sunseeker Resort Charlotte Harbor joins Blackstone’s large-scale hospitality portfolio after facing financial troubles that led to its disposition.

    By • July 7, 2025
  • The exterior of Accor's headquarters on a sunny day.
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    Getty Images
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    Julien Houdebine named Accor chief sales officer

    Houdebine succeeds Sophie Hulgard, who left as part of a “regular evolution” of Accor’s operating model, per the company.

    By • July 2, 2025
  • A beige-colored hotel room with a view of the mountains through the window.
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    Courtesy of IHG Hotels & Resorts
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    Six Senses CEO steps down, teases new venture

    Neil Jacobs departed the IHG Hotels & Resorts-owned luxury wellness resort brand after 13 years — and said he’ll announce a new project soon.

    By • July 1, 2025
  • An aerial image of Hyatt Zilara Cap Cana.
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    Courtesy of Hyatt
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    Hyatt offloads Playa real estate in $2B sale to Tortuga Resorts

    The transaction, which aligns with Hyatt’s asset-light strategy, comes less than two weeks after the hotel giant acquired Playa Hotels & Resorts’ 15 all-inclusive assets.

    By • June 30, 2025
  • The exterior of a hotel shows a Hilton logo.
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    Getty Images
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    The top hospitality executive moves of Q2 2025

    Top hotel operators and associations announced leadership transitions — several in the C-suite — in the second quarter of this year.

    By • June 30, 2025