Brands: Page 14
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Choice Hotels to nominate directors to Wyndham board: Reuters
In its latest move to buy out its peer, Choice is attempting to skirt Wyndham’s current leadership, which has repeatedly rejected its acquisition bid, by adding its own presence to the company’s board.
By Jenna Graber • Nov. 28, 2023 -
Retrieved from Marriott International on November 27, 2023
Marriott’s Aloft to open hotel in sports destination near Orlando
Upon opening, the Lake Nona property will be the closest hotel to the world’s largest tennis facility.
By Jenna Graber • Nov. 27, 2023 -
Wyndham calls latest Choice Hotels offer a ‘step backwards’
Wyndham claims Choice is ignoring its concerns and continuing to undervalue the company, all while exploiting uncertainty around the deal.
By Noelle Mateer • Nov. 21, 2023 -
Retrieved from Marriott International on November 17, 2023
Marriott’s Renaissance Hotels brand debuts in Harlem
The 211-key hotel pays homage to the surrounding neighborhood through use of iconography and “vibrant, polished” design elements.
By Jenna Graber • Nov. 17, 2023 -
Hilton tops World’s Best Workplaces ranking
Hilton is the first hospitality company to receive the honor, after a runner-up finish in 2022.
By Jenna Graber • Nov. 16, 2023 -
MCR, Island Capital refinance Times Square Sheraton amid NYC rebound
The $260 million financing signals improvement in New York’s capital markets, and growth in the city’s hotel sector is expected to continue, according to JLL Hotels & Hospitality.
By Jenna Graber • Nov. 16, 2023 -
Hard Rock Hotel to open in Southern California
The 427-room property will be the first new-build full-service hotel to open in Long Beach, California, in 30 years.
By Noelle Mateer • Nov. 15, 2023 -
Retrieved from Choice Hotels International on November 15, 2023
Choice Hotels continues extended stay push in California
Choice Hotels is developing nine Everhome Suites properties across Southern California, expanding on leaps it made in the segment in the third quarter.
By Jenna Graber • Nov. 15, 2023 -
Hospitality industry trends that drove Q3 performance growth
While Hilton, Marriott and Hyatt posted record pipeline growth in Q3, Choice focused on its public bid to buy Wyndham. And in Las Vegas, resorts highlighted ongoing labor woes.
By Jenna Graber • Nov. 14, 2023 -
Retrieved from Hilton on November 14, 2023
Hilton makes luxury push in Hawaii with Trump Hotel takeover
The Trump International Hotel, Waikiki will be renovated and rebranded under the management of Hilton’s LXR Hotels & Resorts.
By Jenna Graber • Nov. 14, 2023 -
Retrieved from Hilton Grand Vacations on November 14, 2023
Hilton Grand Vacations bets on Vegas with luxury room openings
The vacation ownership company opened four floors of penthouses amid heightened traveler demand for luxury accommodations.
By Noelle Mateer • Nov. 14, 2023 -
9 stories highlighting the burgeoning luxury and lifestyle hotel segment
From management companies to developers, hospitality players are cashing in on demand for luxury and lifestyle hotels.
By Noelle Mateer • Nov. 10, 2023 -
Wynn Resorts expects all-time revenue record from F1’s Grand Prix
Wynn posted significant performance gains in the third quarter, which CEO Craig Billings attributed to "frenetic" activity at Wynn Las Vegas.
By Jenna Graber • Nov. 10, 2023 -
MGM Resorts’ Vegas properties take revenue hit in wake of cybersecurity attack
A social engineering attack on MGM in September impacted the company’s third-quarter earnings, but its CEO expects upcoming events in Las Vegas to bring growth.
By Jenna Graber • Nov. 9, 2023 -
Choice Hotels leadership still ‘confident’ Wyndham deal will go through
Choice CEO Patrick Pacious said the company’s integration of Radisson Americas, including third-quarter synergies from the deal, indicates a Choice-Wyndham merger could be successful.
By Jenna Graber • Nov. 7, 2023 -
Retrieved from Bluegreen Vacations on November 07, 2023
Hilton Grand Vacations acquires Bluegreen Vacations for $1.5B
The deal adds 14 markets and eight states to Hilton Grand Vacations’ portfolio.
By Noelle Mateer • Nov. 7, 2023 -
Retrieved from Hilton West Palm Beach on November 06, 2023
Hilton unveils $25M renovation in West Palm Beach
The Hilton West Palm Beach revamp is one of several planned for the area, which has a $1 billion development pipeline.
By Noelle Mateer • Nov. 6, 2023 -
Retrieved from Choice Hotels International on November 03, 2023
Choice expands in upscale segment with Cambria openings, groundbreakings
The new hotels signal further growth for the Cambria brand, which has forayed into several new markets this year, solidifying its standing among upscale competitors.
By Jenna Graber • Nov. 3, 2023 -
Hyatt’s development pipeline hits record levels amid luxury push
Hyatt posted revenue and development growth in the third quarter, driven by “robust demand for travel around the globe,” the company’s CEO said.
By Jenna Graber • Nov. 2, 2023 -
Hilton opens 1,060-room hotel in Boston’s Back Bay
CEO Chris Nassetta previously teased the opening in Hilton’s third-quarter earnings call, citing it as an example of the company’s strength in conversions.
By Noelle Mateer • Nov. 2, 2023 -
Marriott pushes midscale expansion, raises RevPAR growth guidance
Robust international travel demand continued to drive revenues and development growth for Marriott in the third quarter, bringing its global pipeline to a record high.
By Jenna Graber • Nov. 2, 2023 -
Caesars posts record EBITDA, notes strong travel demand in Las Vegas
Despite challenges in the third quarter of this year, Caesars saw performance growth across all operating segments, with Las Vegas benefiting from increased tourism.
By Jenna Graber • Nov. 1, 2023 -
Retrieved from Tommy Bahama Miramonte Resort & Spa on November 01, 2023
Clothing brand Tommy Bahama opens first resort
Tommy Bahama Miramonte Resort & Spa is one of a growing number of hotels operated by fashion and lifestyle brands.
By Noelle Mateer • Nov. 1, 2023 -
Retrieved from Choice Hotels International on October 31, 2023
Choice unveils new look for Comfort brand with Rise & Shine prototype
The first Rise & Shine hotel opened this week in Missouri, kicking off a larger expansion by Choice in the competitive upper midscale segment.
By Jenna Graber • Oct. 31, 2023 -
New Orleans’ Le Pavillon Hotel to join Marriott’s Tribute Portfolio
A planned redesign comes after Ashford Hospitality Trust entered into a franchise agreement with Marriott.
By Noelle Mateer • Oct. 30, 2023