Choice unveils new Comfort prototype
Choice Hotels International Inc. has unveiled the new Comfort Rise & Shine prototype as its flagship, upper-midscale brand marks its 40th anniversary. The first new-construction hotels with the new prototype are expected to open in 2023…
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Hotel Grand Strategy Starts with Your People
A new year means a new mindset. And 2021 will be an interesting period as the entire hospitality sector looks for a fresh start…
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Owner Tracy Prigmore Talks Diversity, Representation & Early Exposure to Hotel Ownership
To be globally successful, Hilton must be locally successful, one hotel at a time, working together with a diverse array of owners who reflect the communities and guests we serve…
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This report shares anticipated investor trends accelerated since the onset of the pandemic
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Industry Veterans Launch Hospitality Management Company
Hospitality industry veterans Chris Manley, formerly with Stonebridge Companies, and Jeff Blackman, founder and president of Bedford Lodging, have launched hotel management company Five Senses Hospitality Management™…
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European Hotel Investment Market 2020: surprisingly optimistic results
February 2021 – today, nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears…
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Marriott Appoints Capuano CEO, Linnartz President
Marriott International has named Anthony “Tony” Capuano CEO and Stephanie Linnartz president of the company. The appointments follow the unexpected passing of Marriott President/CEO Arne Sorenson on Feb. 15…
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JLL Appoints Perez-Alvarado Global CEO, Hotels & Hospitality
Gilda Perez-Alvarado has been promoted to global CEO of JLL’s Hotels & Hospitality Group to succeed Mark Wynne-Smith, who will continue as global CEO of valuation advisory.
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Choice Hotels Sees Budget Brands Deliver 2020 Rarity: Profitability
A hotel portfolio of properties largely in drive-to settings and outside major urban centers enabled Choice Hotels to clinch a profitable year despite a global pandemic that decimated travel demand.
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Marriott’s Arne Sorenson Passes Away; Industry Reacts
Arne M. Sorenson, president/CEO of Marriott, unexpectedly died yesterday. He was 62. In May 2019, the company announced that he had been diagnosed with pancreatic cancer. On Feb…
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“Lifelong learning”: why dual education institutions will lead the way
By 2022 – in just one year – more than 40% of core skills required to perform existing jobs are expected to change, as estimated by the World Economic Forum in their recent call for a “global reskilling revolution”…
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RobertDouglas: Lenders Express Optimism, Anticipate Increase in Hotel Lending Volumes and Values
RobertDouglas conducted its eighth annual lender survey to measure the current state of financing market conditions and to ascertain critical future expectations through the lens of the specialist hospitality lending community…
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SH Hotels names Arash Azarbarzin CEO, provides business update
Starwood Capital Group has named Arash Azarbarzin CEO of its SH Hotels & Resorts subsidiary, which operates the 1 Hotels, Baccarat Hotels and Treehouse Hotels brands.
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Marriott’s Sorenson to Temporarily Reduce Schedule; Interim Leaders Named
Marriott International Inc. has revealed that president/CEO Arne Sorenson will be temporarily reducing his schedule to facilitate more demanding treatment for pancreatic cancer…
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The Fire Sale That Never Happened
Expecting a tidal wave of distressed selling and recapitalizations at 30-50% discounts to pre-COVID values, the private equity industry raised an unprecedented amount of capital in the early months of the pandemic…
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‘Nobody Gets Out of This Stronger’ Says Langham Hotels CEO
Hospitality will be permanently altered by the pandemic. Here’s how one hotel group is handling it
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Casino mogul and political donor Sheldon Adelson dead at 87
Billionaire casino magnate Sheldon Adelson, whose gambling and hotel businesses turned him into a major political power broker in the US and Israel, has died.
He was 87.
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Incoming Aimbridge CEO says scale, culture a winning formula
As of January 1, 2021, industry veteran Mike Deitemeyer takes over as president and CEO at Aimbridge Hospitality in the midst of an extended growth phase…
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