Corporate/Finance: Page 5
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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 -
Wyndham targets growth near data centers, infrastructure projects
Though full-year U.S. RevPAR was flat, the company opened a record number of rooms, which it expects to fuel future growth.
By Noelle Mateer • Feb. 13, 2025 -
Marriott posts RevPAR, rooms growth amid strong travel demand
CEO Anthony Capuano said he is “incredibly optimistic” about the future, as Marriott gears up for continued travel momentum and anticipated pipeline generation.
By Jenna Graber • Feb. 11, 2025 -
Mint House acquires Locale, fortifying alternative accommodations portfolio
Mint House will assume Locale’s 12 apartment-style hospitality properties amid increasing traveler demand for upscale extended stay offerings.
By Jenna Graber • Feb. 11, 2025 -
Marriott makes executive leadership changes following restructuring
The hotel company tapped a new chief commercial officer and filled other leadership roles several weeks after layoffs from a reorganization took effect.
By Jenna Graber • Feb. 6, 2025 -
Hilton ‘optimistic’ following strong Q4, full-year 2024 performance
“Better-than-expected” leisure travel and continued recovery in business and group segments led to higher RevPAR growth and raised 2025 guidance.
By Noelle Mateer • Feb. 6, 2025 -
Accor names chief brand officer for Fairmont, Raffles
Claudia Kozma Kaplan will lead the brands as Accor pushes luxury expansion in the U.S.
By Noelle Mateer • Feb. 5, 2025