MANY PANDEMIC TAKEAWAYS FOR OMNI’S STREBEL
Peter Strebel said the pandemic has taught him a lot about himself and he points to three specific takeaways that have made him a better businessperson…
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Accor CEO Explains Why He Won’t Close Hotels in Russia
Acouple of regions are performing well for Accor, the France-based hotel company. But let's not confuse this with those booming pre-pandemic times. The Covid hotel industry recovery still has a long way to go…
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Choice Hotels to refresh brands in EMEA region
Choice Hotels has announced plans to refresh its brands in the Europe, Middle East and Africa (EMEA) region, following “analysis of research into post pandemic travel requirements in key markets”.
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CHOICE REBRANDS EXTENDED-STAY TO SUBURBAN STUDIOS
Further capitalizing on the secret sauce discovered when it acquired WoodSpring Suites, Choice Hotels International has announced it is modernizing and rebranding its Suburban Extended Stay franchise brand as a low-cost, flexible conversion model…
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Sonesta Announces New President and CEO
John Murray will succeed Carlos Flores at the international hotel company
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Danziger steps down from Trump Hotels
Six years after joining Trump Hotels as its CEO, Eric Danziger is leaving the company to serve in the same role for The Braintree Group, an Idaho-based family of companies focused on fostering smart and sustainable community advancement and growth…
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Choice Hotels CEO Lays Out the Plan to Buy More Upscale Hotels
Choice Hotels could add two upscale brands that cater to different customers if the right opportunity comes along. There is at least one viable takeover candidate.
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Bill Marriott to retire from Marriott board
After more than 60 years of leadership, J.W. (Bill) Marriott Jr. has confirmed to the board of directors of Marriott International Inc…
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Andrea Scherz Named Chairman of The Leading Hotels of the World’s Executive Committee
The Leading Hotels of the World (LHW) has elected Andrea Scherz as the chairman of its Executive Committee. Scherz, who held the position since the New Year, is the proprietor and general manager of Gstaad Palace in Switzerland…
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Gender Gap Narrows in Hospitality Leadership Roles
Castell Project Reports 1 in 6 Women Hold Vice President Titles With Hotel Companies. Women are growing their presence in leadership roles in the U.S. hospitality industry, both in executive positions as well as in public-speaking engagements…
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IHG Announces Retirement of Patrick Cescau As Chair
InterContinental Hotels Group ("IHG") today announces: The retirement of Non-Executive Chair Patrick Cescau from the IHG Board, effective 31 August 2022…
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Asia's richest man is buying the Mandarin Oriental in New York for $98 million
Asia's biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New York City for just over $98 million.
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A Practical Guide to Hotel Appraisals
As hotel lodging performance continues to recover from the effects of Covid-19, there have been increasing signs that investors are again buying, selling or refinancing of hotel assets…
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David Kong receives inaugural Arne Sorenson Social Impact Leadership Award
The American Hotel & Lodging Association (AHLA), The American Hotel & Lodging Foundation and The BHN Group have revealed that David Kong, the recently retired president/CEO of BWH Hotel Group, has been named the inaugural recipient of the Arne…
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5 reasons why to start a business is during a recession
Despite the setbacks of the pandemic, 2021 actually looks brighter regarding economic projections and business possibilities…
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Distressed Hotels: Financial Restructurings and Bankruptcy
COVID-19 has been devastating for the hospitality industry. Hotel occupancy rates are still well below normal. While some lenders are still granting relief to borrowers, lenders increasingly have been foreclosing on properties…
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The Corona virus Pandemic is far from over,” screams the most recent Deutsche Welle (DW) headline…
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Web Exclusive: Modular a good choice for luxury
As the popularity of modular construction in hospitality continues to grow, so does its use in upscale and luxury properties.
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