Corporate/Finance: Page 5
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Women unlikely to reach parity with men for 134 years: JPMorgan
In C-suites worldwide, women are far from attaining equal status, holding only about 10% of the most powerful roles such as CEO and CFO.
By Jim Tyson • March 13, 2025 -
Bally’s names Mira Mircheva CFO following merger
Mircheva previously led financial operations at The Queen Casino & Entertainment, which combined with Bally’s last month.
By Jenna Graber • March 13, 2025 -
Aimbridge Hospitality names new board of managers
The hospitality management firm continues to make leadership changes following its balance sheet restructuring, which injected $100 million in new capital into the company.
By Noelle Mateer • March 13, 2025 -
Country Inn & Suites by Radisson performs ‘well above’ Choice Hotels’ initial goals
The upper midscale brand experienced RevPAR growth and strong guest satisfaction ratings after adopting a new guest room design.
By Jenna Graber • March 11, 2025 -
Q&A
Extended Stay America CEO talks top growth opportunities
As the company celebrates 30 years, Greg Juceam shares how extended stay demand is shifting and where his company is plotting expansion.
By Jenna Graber • March 10, 2025 -
Hyatt appoints global leaders as it rethinks brand strategy
The hotel company named a new chief growth officer, EAME group president and head of owner relations amid a brand-focused reorganization.
By Jenna Graber • March 5, 2025 -
Starwood Hotels returns: SH Hotels & Resorts rebrands under storied name
Founder Barry Sternlicht is reviving Starwood, following its 2016 acquisition by Marriott, in a move that will reposition his SH Hotels & Resorts for growth.
By Jenna Graber • March 5, 2025 -
Hilton taps former Yahoo CEO for board of directors
If Marissa Mayer clinches a board seat through election in May, she will succeed longtime Hilton director Judith McHale.
By Jenna Graber • March 5, 2025 -
How are C-suites reacting to Trump’s DEI orders?
Most are in a holding pattern, a Littler survey showed — but certain initiatives may be on the chopping block.
By Kathryn Moody • March 5, 2025 -
Retrieved from The American Hotel & Lodging Association.
Kevin Carey named AHLA Foundation CEO
Carey will continue to serve as AHLA’s chief operating officer as he takes over at the helm of the association’s partner organization.
By Jenna Graber • March 4, 2025 -
Q&A
CEO Alex Dixon opens up about future of Resorts World Las Vegas
Dixon, who took over at the helm of the challenged resort in January, shares his plans to drive growth through unique experiences and untapped development opportunities.
By Jenna Graber • Feb. 28, 2025 -
AHLA CEO shares regulatory concerns with House committee
Rosanna Maietta testified before the U.S. House of Representatives Committee on Education and Workforce, expressing the burden of inflation and overregulation on hotels.
By Jenna Graber • Feb. 28, 2025 -
Westgate Resorts buys VOS amid efforts to dominate vacation ownership space
With the acquisition, following its recent partnership with Choice Hotels, Westgate expands its portfolio of resort destinations from 22 to more than 60.
By Michele Laufik • Feb. 28, 2025 -
US Travel Association names MGM Resorts CEO national chair
Bill Hornbuckle succeeds Hilton CEO Chris Nassetta in the role, taking over amid promising U.S. travel fundamentals.
By Jenna Graber • Feb. 27, 2025 -
RevPAR gains, pipeline growth and other trends from hotel Q4 earnings
Hilton and Marriott posted global RevPAR increases in the last quarter of 2024 amid strong travel demand, while Choice saw extended stay and upscale rooms growth.
By Jenna Graber • Feb. 27, 2025 -
Caesars openings nationwide offset Las Vegas declines in Q4
CEO Tom Reeg said competitive pressures in Vegas were partially balanced out by the openings of Caesars New Orleans and Caesars Virginia.
By Jenna Graber • Feb. 26, 2025 -
DiamondRock Hospitality sells Washington, DC, Westin for $92M
Kentucky-based Columbia Sussex reportedly acquired the property, as more hotel investors turn to mid-sized deals in urban markets in 2025.
By Jenna Graber • Feb. 21, 2025 -
Select-service, extended stay hotels poised for investment wins
The sector will see continued growth and increased investment activity in 2025 driven by strong demand and favorable lending trends, according to JLL.
By Jenna Graber • Feb. 21, 2025 -
Resorts World Las Vegas names COO, CFO
Carlos Castro will lead the Strip resort’s financial strategy, operations and long-term growth following recent regulatory and financial woes.
By Jenna Graber • Feb. 21, 2025 -
Extended stay, upscale boost Choice Hotels portfolio growth
Choice’s global system size grew 3.3% year over year in 2024, bolstered by brand relaunches and expanded partnerships, per CEO Patrick Pacious.
By Jenna Graber • Feb. 20, 2025 -
US hotel profits grew in 2024, despite rising labor costs
Top U.S. markets saw increased gross operating profits per available room last year, though higher operating expenses limited growth, per CoStar.
By Jenna Graber • Feb. 19, 2025 -
IHG acquires European lifestyle brand Ruby, targets global growth
The hotel company also posted accelerated RevPAR growth in the U.S. and globally in the fourth quarter of 2024.
By Noelle Mateer • Feb. 18, 2025 -
Wynn bullish on Las Vegas as demand remains ‘healthy’
CEO Craig Billings shared that group and convention room nights on the books for 2025 have strong ADRs amid “robust” demand in Sin City.
By Jenna Graber • Feb. 18, 2025 -
Hyatt’s 2024 net rooms, pipeline growth bolstered by acquisitions
The hotel company expanded its systemwide rooms by 7.8% year over year in 2024, thanks in part to its purchase of lifestyle operator Standard International.
By Jenna Graber • Feb. 13, 2025 -
MGM down in Las Vegas in Q4, but convention bookings show promise
CEO Bill Hornbuckle is encouraged by the pacing of future bookings amid strong group demand in Sin City.
By Jenna Graber • Feb. 13, 2025