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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Exclusive Q&A: Accor’s Newly Appointed Group Chief Commercial Officer on the Future of Hospitality
The hospitality industry was battered by Covid-19 in 2020. During the worst part of the pandemic, around 3,000 out of 5,000 of the hotels in Accor Group’s network were closed. Today, almost all of them are open again…
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What is Hotel Operator Selection? The Operator Selection Process
Operator selection is undertaken by developers and owners for the appointment of the hotel management operator. The process involves candidate identification, screening, and contract negotiations, generally together with the owner's legal counsel…
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Asia mega-project designer leads with head and heart
Now, more than ever, fresh perspectives about design aesthetics in hospitality settings are required to succeed in a COVID-informed world…
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Jason Friedman's survival formula
As hoteliers try to recover from the damage done by the coronavirus, now is the time for hotel science experiments, according to Jason Friedman, founder and managing director of Bangkok-based J.M…
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