Corporate/Finance: Page 5


  • The lobby at Grand Salon at Baccarat Hotel New York.
    Image attribution tooltip
    Courtesy of Baccarat Hotel New York
    Image attribution tooltip

    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 March 5, 2025
  • The exterior of the Hilton Hotel Midtown Manhattan in New York City.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    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 March 5, 2025
  • President Donald Trump speaks during a cabinet meeting at the White House on Feb. 26, 2025.
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    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
  • 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 March 4, 2025
  • The exterior of Resorts World Las Vegas along the Las Vegas Strip.
    Image attribution tooltip
    Courtesy of Resorts World Las Vegas
    Image attribution tooltip
    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 Feb. 28, 2025
  • The exterior of the U.S. Capitol building in Washington, D.C.
    Image attribution tooltip
    Jemal Countess via Getty Images
    Image attribution tooltip

    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 Feb. 28, 2025
  • Choice Hotels adds Westgate Resorts' Westgate Park City Resort & Spa in Park City, Utah, through a new strategic partnership.
    Image attribution tooltip
    Courtesy of Choice Hotels International
    Image attribution tooltip

    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
  • Bill Hornbuckle is the CEO of MGM Resorts International.
    Image attribution tooltip
    Gabe Ginsberg via Getty Images
    Image attribution tooltip

    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 Feb. 27, 2025
  • Travelers check into a hotel.
    Image attribution tooltip
    Anchiy via Getty Images
    Image attribution tooltip

    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 Feb. 27, 2025
  • An exterior image of a hotel
    Image attribution tooltip
    Robert Mora via Getty Images
    Image attribution tooltip

    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 Feb. 26, 2025
  • A Westin hotel logo on the outside of the building.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    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 Feb. 21, 2025
  • Wyndham Hotels & Resorts opened its second Echo Suites extended stay hotel in Plano, Texas.
    Image attribution tooltip
    Courtesy of Wyndham Hotels & Resorts
    Image attribution tooltip

    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 Feb. 21, 2025
  • The exterior of Resorts World Las Vegas along the Las Vegas Strip.
    Image attribution tooltip
    Courtesy of Resorts World Las Vegas
    Image attribution tooltip

    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 Feb. 21, 2025
  • Choice Hotels International headquarters at the Pike & Rose development in North Bethesda, Maryland.
    Image attribution tooltip
    Courtesy of Choice Hotels International
    Image attribution tooltip

    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 Feb. 20, 2025
  • A person pushing a cart with cleaning supplies down a hall
    Image attribution tooltip
    freemixer via Getty Images
    Image attribution tooltip

    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 Feb. 19, 2025
  • The exterior of a Ruby hotel.
    Image attribution tooltip
    Courtesy of IHG Hotels & Resorts
    Image attribution tooltip

    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 Feb. 18, 2025
  • An exterior image of a hotel
    Image attribution tooltip
    Ethan Miller via Getty Images
    Image attribution tooltip

    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 Feb. 18, 2025
  • Hyatt Hotels opened Grand Hyatt Deer Valley in Park City, Utah.
    Image attribution tooltip
    Courtesy of Hyatt
    Image attribution tooltip

    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 Feb. 13, 2025
  • Las Vegas Skyline
    Image attribution tooltip
    f11photo via Getty Images
    Image attribution tooltip

    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 Feb. 13, 2025
  • The glass exterior of the Anaheim Convention Center features blue signage denoting Wyndham's 2023 Global Conference.
    Image attribution tooltip
    Courtesy of Wyndham Hotels & Resorts
    Image attribution tooltip

    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 Feb. 13, 2025
  • Exterior of building with Marriott logo
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    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 Feb. 11, 2025
  • Mint House acquired Locale, assuming its portfolio of apartment-style hospitality properties.
    Image attribution tooltip
    Courtesy of Mint House
    Image attribution tooltip

    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 Feb. 11, 2025
  • The logo of a Marriott hotel
    Image attribution tooltip
    Brandon Bell/Getty Images via Getty Images
    Image attribution tooltip

    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 Feb. 6, 2025
  • The exterior of a Hilton hotel.
    Image attribution tooltip
    Yujie Chen via Getty Images
    Image attribution tooltip

    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 Feb. 6, 2025
  • An exterior shot of the Raffles Boston.
    Image attribution tooltip
    Courtesy of Raffles Boston
    Image attribution tooltip

    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 Feb. 5, 2025