Corporate/Finance: Page 5

  • An aerial view of New York City.
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    Drew Angerer via Getty Images
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    Urban markets lead as hotel investment ramps up in 2025

    Some 94% of investors surveyed in a new CBRE report expect to maintain or increase their hotel investments this year, targeting central business districts with strong RevPAR growth.

    By • Feb. 3, 2025
  • A blue bed in a hotel room.
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    Courtesy of SH Hotels & Resorts
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    Hotel industry forecast 2025: development, labor, F&B and more

    Leaders in the hospitality industry shared with Hotel Dive what trends will impact hotels this year, discussing changes in everything from the regulatory environment to traveler preferences.

    By , • Jan. 31, 2025
  • Donald Trump sits at his desk in the Oval Office with his hands clasped.
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    Chip Somodevilla via Getty Images
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    CoStar, TE maintain 2025 US hotel growth projections — but note Trump risks

    Current economic conditions are favorable for travel activity, but the new Trump administration could present challenges.

    By • Jan. 31, 2025
  • Coury Holdings added AC Hotel Sunnyvale in Sunnyvale, California, to its portfolio.
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    Courtesy of Coury Holdings
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    Coury Holdings expands hotel management portfolio, appoints COO

    The company added nine California hotels to its management portfolio, which new chief operating officer Bo Patel will lead. 

    By • Jan. 29, 2025
  • The skyline of Manhattan's Chelsea neighborhood at sunset.
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    chrisp0 via Getty Images
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    Blackstone buys NYC Kimpton hotel for $175M

    The private equity firm adds the Kimpton Hotel Eventi as high demand for hotel rooms in New York persists amid limited supply growth.

    By • Jan. 28, 2025
  • The Black Desert Resort behind a lake in the foreground and mountains in the background.
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    Retrieved from Black Desert Resort on January 09, 2025
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    Deep Dive

    C-PACE financing can make energy efficiency upgrades more affordable – if it’s available

    Interest rates as low as 7% make C-PACE attractive for building improvement projects, some experts say. But conditions for accessing it vary widely by state.

    By Nish Amarnath • Jan. 27, 2025
  • Travelers check into a hotel.
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    Anchiy via Getty Images
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    Opinion

    How a guest-centric focus can unlock hotel revenue opportunities

    Personalization can help hotels increase revenue, strengthen guest loyalty and sustain competitive advantage, Agilysys’ Matthew Prosser shares.

    By Matthew Prosser • Jan. 24, 2025
  • Choice Hotels adds Westgate Resorts' Westgate Park City Resort & Spa in Park City, Utah, through a new strategic partnership.
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    Courtesy of Choice Hotels International
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    Choice Hotels expands upscale portfolio with Westgate partnership

    With Westgate, Choice adds 21 resorts across nine states, building on strides it has made in the upper-tier segment over the past year.

    By • Jan. 24, 2025
  • A photo of a panel at AHLA's Hospitality Show.
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    Jenna Walters/Hotel Dive
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    AHLA names hospitality leaders to executive committee, board of directors

    Vision Hospitality Group founder and CEO Mitch Patel will lead the board of directors as chair, succeeding Hilton CFO Kevin Jacobs.

    By • Jan. 22, 2025
  • Marriott will add Sonder's portfolio of more than 9,000 rooms to its system.
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    Courtesy of Sonder
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    Sonder names new CFO amid Marriott integration

    Michael Hughes joins the apartment-style accommodations provider as Sonder looks to “significantly strengthen” its balance sheet.

    By • Jan. 22, 2025
  • Marriott International’s board of directors elected Sean Tresvant as an independent director of the hotel company.
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    Courtesy of Marriott International
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    Marriott elects Taco Bell CEO to board of directors

    Sean Tresvant joins the board as Marriott focuses on “innovating for the future,” per chairman David Marriott. The hotel company recently underwent an organizational restructuring.

    By • Jan. 22, 2025
  • Three executives pose for a photo.
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    Courtesy of Ace Group International
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    Ace Hotels names Chris Penn CEO

    The boutique hotel group also named a chief operating officer and chief brand officer in a bid to strengthen its leadership as it expands internationally.

    By • Jan. 10, 2025
  • Chairs on a hotel room balcony.
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    Courtesy of Peregrine Hospitality
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    KSL Resorts rebrands to Peregrine Hospitality

    The move is intended to allow the hotel management firm to expand its platform as it grows across all hospitality asset classes, CEO Greg Kennealey said.

    By • Jan. 8, 2025
  • Coury Hospitality appointed Andrew Casperson as president.
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    Courtesy of Maverick Creative
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    Coury Hospitality appoints COO to president

    Andrew Casperson will head the Dallas-based hospitality management company, driving its strategic growth in the lifestyle hotel segment.

    By • Jan. 7, 2025
  • 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 forges ahead in upscale with Radisson upgrades

    The hotel company unveiled new logos for three Radisson brands and teased the food and beverage and amenity enhancements slated for the year ahead.

    By • Jan. 7, 2025
  • A person checks in at a hotel desk.
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    RichLegg via Getty Images
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    Deep Dive

    6 hospitality industry trends to watch in 2025

    Hotels will cater to multigenerational families, large groups, tech-savvy wellness travelers and cultural explorers as hotel investment and renovations ramp up.

    By , • Jan. 6, 2025
  • A group of people shaking hands
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    Caiaimage/Martin Barraud via Getty Images
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    The top hospitality leadership appointments of Q4 2024

    Rosen Hotels and AHLA appointed new CEOs, while MGM Resorts and BWH Hotels made leadership changes on the development and tech fronts.

    By • Jan. 2, 2025
  • A picture a lifestyle hotel lobby
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    Courtesy of Lark Hotels
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    Lark Hotels, Life House joint venture combines portfolios, teams

    The combination creates a new lifestyle hospitality entity that aims to be a “leader in the independent and boutique hotel management market,” per Life House CEO Marc Ghobriel.

    By • Dec. 20, 2024
  • The exterior of a Motel 6 hotel.
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    sanfel via Getty Images
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    OYO completes acquisition of G6 Hospitality, names CEO

    OYO’s Sonal Sinha has been appointed G6’s CEO. In 2025, the company plans to add more than 150 hotels under the Motel 6 and Studio 6 brands.

    By • Dec. 19, 2024
  • The Venetian Resort will undergo a $1.5 billion renovation.
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    Courtesy of The Venetian Resort
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    Hyatt bets on Las Vegas with Venetian loyalty tie-up

    The pair entered a long-term licensing deal that will bring the luxury Strip resort under Hyatt’s booking channels, following a similar Vegas deal between Marriott and MGM Resorts.

    By • Dec. 19, 2024
  • Walter “J.R.” Dembiec Jr. headshot
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    Courtesy of Reside
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    Reside appoints leader for Wyndham brand collab

    Walter “J.R.” Dembiec Jr. will head Reside, a Wyndham Residence, focusing on the upscale brand’s growth to premier U.S. urban destinations.

    By • Dec. 17, 2024
  • Two businesses executives shake hands in office
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    opolja via Getty Images
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    The top 12 hotel industry CEO appointments of 2024

    Aimbridge Hospitality, the American Hotel & Lodging Association and Auberge Resorts are among the hospitality companies that tapped new leaders this year.

    By • Dec. 16, 2024
  • Canada-based Leyad acquired Ink48 Hotel in New York City.
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    Courtesy of Leyad
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    Canada firm forays into ‘growing’ NYC market with $62M hotel buy

    In a joint venture with Capstone Equities, Leyad acquired Ink48 Hotel as the firm looks to expand in “prime urban markets,” per CEO Henry Zavriyev.

    By • Dec. 13, 2024
  • A Postcard Cabins tiny cabin sits on a lake.
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    Courtesy of Marriott International
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    Marriott plots outdoor-centric collection anchored by new brand deals

    The hotel company acquired Postcard Cabins and signed a long-term agreement with Trailborn, following Hilton and Hyatt expanding in outdoor accommodations.

    By • Dec. 12, 2024
  • The exterior of the Hyatt Regency Chicago O'Hare.
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    Courtesy of MCR
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    MCR buys Hyatt Regency O’Hare for undisclosed sum

    The sale is part of Hyatt’s ongoing strategy to sell owned properties and reinvest the proceeds in asset-light platforms that accelerate growth.

    By • Dec. 12, 2024