The difference between expense and investment
In the hotel business we need to be relevant and on top of the key issues that make our venture successful and ultimately sustainable in the long run.
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Four Seasons President/CEO John Davison to retire next year
Four Seasons Hotels and Resorts President/CEO John Davison has informed the company’s board of directors that he intends to retire in 2022. He will continue to lead the company until the selection and onboarding of a new CEO is completed next year…
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HB on the Scene at the NABHOOD Summit: CEOs talk recovery, lessons learned
During the second day of the National Association of Black Hotel Owners, Operators and Developers’ (NABHOOD) 25th annual International African-American Hotel Ownership & Investment Summit & Trade Show, held at the Miami Marriott Biscayne Bay…
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Larry Cuculic named Best Western president/CEO
Lawrence (Larry) M. Cuculic has been appointed the new president/CEO of BWH Hotel Group…
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Gilda Perez-Alvarado receives 2021 Castell Award
Officials of Castell Project Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry have named Gilda Perez-Alvarado, global CEO, JLL Hotels & Hospitality, as the recipient of…
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Arash Azarbarzin Named Chief Executive Officer for Highgate
Highgate announced yesterday the appointment of industry pioneer, Arash Azarbarzin, as Chief Executive Officer. The pivotal hire signifies Highgate's increased focus on building a world-class team and expanding its luxury and lifestyle capabilities…
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Hotel Investors: 'Now Not Time to Play Hero'
Usually deemed to be bedrocks of nerve and insight, investors also have been on a rocky road through the COVID-19 crisis, but success in real-estate investment in the hotel industry continues to rely on flexibility, constant analyses of strategy and…
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Kempinski Extends Bernold Schroeder's Mandate As Chairman of the Management Board of Kempinski
The Kempinski Supervisory Board has resolved on an early extension of Bernold Schroeder’s mandate as Chairman of the Management Board of Kempinski AG and confirmed his role as Chief Executive Officer of the Kempinski Group. Mr…
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BWH Hotel Group Announces Retirement of David Kong, President and CEO
BWH Hotel Group announced that David Kong, president and CEO, will be retiring at the end of 2021. Kong, the industry’s longest running CEO, joined Best Western Hotels & Resorts in 2001 and was named CEO in 2004…
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33 years ago, Joachim Marusczyk was a young public servant at the headquarters of German railway company Deutsche Bahn and a man who was always one step ahead. He was responsible for the revamping of major stations and for hotel and catering leases…
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Choice Diversifies Extended-Stay Portfolio With “Out of the Box” Conversions
According to Ron Burgett, senior vice president, development, extended stay for Choice Hotels, there continues to be plenty of room for growth in the extended-stay market, which proved to be especially durable during the pandemic, partly because it…
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Founder Dave Johnson departs Aimbridge Hospitality
Dave Johnson, founder/executive chairman, Aimbridge Hospitality, has left the company to pursue other external opportunities.
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The Hospitality Employee Conundrum and How to Adapt
As we come out of the pandemic, the conundrum of finding and retaining hotel employees has reached new levels…
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Q&A: HOTELS RISING STAR, AIMBRIDGE’S JACK BUTLER
Jack Butler, regional vice president of Operations, Aimbridge Hospitality, was named one of HOTELS Top 10 Rising Star award winners for his proven performance, leadership and problem-solving skills, as well as his intangible skills of optimism…
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Arne Sorenson Posthumously Receives The Lodging Conference’s Lifetime Achievement Award
Harry Javer, producer and founder of The Lodging Conference, one of the industry’s events for hotel owners, CEOs, and deal makers, announced that Arne Sorenson, the beloved former president and CEO of Marriott International, has been selected…
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Choice performs close to 2019 levels in second quarter
Choice Hotels International Inc., for the second quarter ended June 30, reported net income increased 15% to $85.9 million vs. second-quarter 2019…
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In $17 billion deal, MGM Resorts sells stake in real estate company
A $17 billion deal announced Wednesday consolidated many of Las Vegas' biggest hotel-casinos under one real estate company.
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Partners Group, GIC, Salter Brothers to buy A$620m hotel portfolio in Australia
Swiss-based global private markets firm Partners Group, in partnership with Singaporean sovereign wealth fund GIC and Australian hospitality operator Salter Brothers, has agreed to acquire a portfolio of eleven Travelodge hotels in Australia for…
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