Corporate/Finance

  • Hospitality data and connectivity solutions provider Hapi has tapped former Knowland CEO Jeff Bzdawka as president.
    Image attribution tooltip
    Courtesy of Hapi
    Image attribution tooltip

    Former Knowland CEO Jeff Bzdawka joins Hapi as president

    The 30-year industry veteran takes the hospitality data leadership role following Knowland’s acquisition by Cendyn earlier this month.

    By • Oct. 17, 2024
  • Midtown Atlanta cityscape
    Image attribution tooltip
    Sean Davis via Getty Images
    Image attribution tooltip

    Hotel deals led Peachtree Group’s $1B loan originations year to date

    The firm’s hotel credit transactions are up 176% year over year, signaling an easing in the lending market that could spur investment and development activity for the sector.

    By • Oct. 16, 2024
  • Hospitality industry leaders gave their industry outlooks and perspectives at The Lodging Conference at the JW Marriott Phoenix Desert Ridge Resort & Spa on Wednesday, Oct. 9, 2024
    Image attribution tooltip
    Jenna Walters/Hotel Dive
    Image attribution tooltip

    View from the top: Hospitality CEOs give their industry outlooks

    Hospitality industry leaders from AAHOA, Extended Stay America, Peachtree Group and JLL are optimistic, despite possible regulatory hurdles.

    By • Oct. 9, 2024
  • hands around a work desk with laptops
    Image attribution tooltip
    Somkid Thongdee via Getty Images
    Image attribution tooltip

    Top hospitality executive appointments of Q3 2024

    C-suite and executive appointees will set hospitality companies’ strategies for hotel marketing, development, investment, sales, technology and more.

    By • Oct. 7, 2024
  • BWH Hotels appointed Bill Ryan as senior vice president and chief technology officer.
    Image attribution tooltip
    Courtesy of BWH Hotels
    Image attribution tooltip

    BWH Hotels names former retail industry exec chief technology officer

    Reporting to CEO Larry Cuculic, Bill Ryan will oversee the hospitality company’s technology management team, guiding its digital strategy and transformation.

    By • Oct. 2, 2024
  • People in an audience clap.
    Image attribution tooltip
    andreswd via Getty Images
    Image attribution tooltip

    Top hospitality conferences to attend in 2025

    Learn more about the future of the hospitality industry — from hotel marketing strategies to construction financing to staffing solutions — at these can't-miss events for hotel leaders.

    By • Oct. 1, 2024
  • Two hikers walk along a trail.
    Image attribution tooltip
    AscentXmedia via Getty Images
    Image attribution tooltip

    Western US mountain properties see stronger fall and winter bookings: DestiMetrics

    Properties across Colorado, Utah, California, Nevada, Wyoming, Montana and Idaho reported a stable summer, a trend expected to lead into a prosperous end of year.

    By Michele Laufik • Sept. 26, 2024
  • A Motel 6 sign is seen outside of a hotel building.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    What’s next for OYO and G6 Hospitality?

    The Indian hospitality company bet big on U.S. budget hotels with its $525 million Motel 6 buy. Experts say it could be a new chapter for the tech provider.

    By • Sept. 25, 2024
  • A skyline of New York City
    Image attribution tooltip
    TomasSereda via Getty Images
    Image attribution tooltip

    Rate cut to trigger slow rise in real estate investment ‘tide’

    Richard Barkham, CBRE’s global chief economist, is expecting “a meaningful uptick” in commercial real estate deals rather than an “explosion.”

    By Maura Webber Sadovi • Sept. 23, 2024
  • A Motel 6 sign is seen outside of a hotel building.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    OYO to purchase Motel 6 brand for $525M

    The India-based hospitality tech company expands its U.S. presence by acquiring G6 Hospitality from Blackstone.

    By • Sept. 23, 2024
  • A headshot of Dan Peek.
    Image attribution tooltip
    Courtesy of JLL
    Image attribution tooltip

    JLL Americas Hotels & Hospitality Group names Dan Peek president

    Peek, who joins JLL from Hodges Ward Elliott, will be tasked with leading strategic growth efforts nationwide.

    By • Sept. 18, 2024
  • Gencom acquired the Hyatt-branded Thompson Central Park Hotel in New York City.
    Image attribution tooltip
    Courtesy of Gencom
    Image attribution tooltip

    Gencom enters NYC with Thompson Central Park Hotel acquisition

    With the reported $300 million buy, the firm strengthens its relationship with Hyatt and positions itself in “one of the world’s top hospitality markets.”

    By • Sept. 18, 2024
  • A headshot of Annette Bales.
    Image attribution tooltip
    Courtesy of Omni Hotels & Resorts
    Image attribution tooltip

    Omni Hotels & Resorts names sales leader

    Thirty-year hospitality industry veteran Annette Bales will assume the role of vice president of sales.

    By • Sept. 17, 2024
  • Hill with cactuses on the foreground, and cityscape in the background
    Image attribution tooltip
    Gregory Clifford via Getty Images
    Image attribution tooltip

    LivAway Suites developer opens office in ‘growth’ market Phoenix

    West77 Partners has several extended stay hotels underway in the metro area and is plotting up to 12 more as part of a rapid nationwide brand expansion.

    By • Sept. 11, 2024
  • Two headshots of the appointees side by side.
    Image attribution tooltip
    Courtesy of Accor
    Image attribution tooltip

    Accor taps leaders for premium, midscale and economy brands

    The move is intended to “fortify brand leadership” as the France-based company expands globally, particularly in the premium segment.

    By • Sept. 9, 2024
  • A headshot of Leanne Harwood.
    Image attribution tooltip
    Courtesy of IHG Hotels & Resorts
    Image attribution tooltip
    Q&A

    IHG luxury and lifestyle leader talks segment competition, Americas strategy

    Hospitality industry veteran Leanne Harwood spoke with Hotel Dive about changing traveler profiles and the importance of loyalty.

    By • Sept. 4, 2024
  • The exterior of the Hyatt Regency Orlando.
    Image attribution tooltip
    Courtesy of JLL
    Image attribution tooltip

    Volume of $200M-plus hotel transactions at highest level in 8 years: JLL

    Investor appetite for high-quality, large transactions — particularly for luxury hotels in urban markets — is on the rise, and momentum is forecasted to continue. 

    By • Aug. 29, 2024
  • A skyline of New York City
    Image attribution tooltip
    TomasSereda via Getty Images
    Image attribution tooltip

    Manhattan lodging market sees Q2 RevPAR growth, but challenges loom

    Despite recent “robust” performance growth in the city, a proposed licensing bill could threaten hotel operations, industry associations argue.

    By • Aug. 28, 2024
  • The exterior of Nasdaq headquarters.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Nasdaq issues warning to LuxUrban Hotels

    Following Nasdaq’s notice, the beleaguered hotel company has 60 days to submit a plan to regain listing compliance.

    By • Aug. 28, 2024
  • Crescent Hotels & Resorts appointed Vanessa Claspill as chief commercial officer.
    Image attribution tooltip
    Courtesy of Crescent Hotels & Resorts
    Image attribution tooltip

    Crescent appoints Vanessa Claspill as chief commercial officer

    The 20-year industry veteran succeeds Dawn Gallagher, who was recently promoted to Crescent’s president of hospitality.

    By • Aug. 27, 2024
  • Hyatt will acquire Standard International and its affiliated brands, assuming a hotel portfolio including The Standard, High Line in New York City.
    Image attribution tooltip
    Jason Kempin via Getty Images
    Image attribution tooltip
    Deep Dive

    ‘Lifestyle wars’ ramp up as hotel brands compete in crowded segment

    With its acquisition of Standard International, Hyatt continues to grow its lifestyle portfolio, but the company will have to fight competitors for resources in the saturated space.

    By • Aug. 22, 2024
  • The Standard Hotel in New York City glass door logo.
    Image attribution tooltip
    Neilson Barnard via Getty Images
    Image attribution tooltip

    Hyatt completes acquisition of Standard International

    Hyatt assumes Standard International’s lifestyle portfolio of 22 open hotels, including The Standard, High Line in New York City, as well as more than 30 pipeline projects.

    By • Updated Oct. 2, 2024
  • The exterior of the Hyatt Regency Orlando.
    Image attribution tooltip
    Courtesy of JLL
    Image attribution tooltip

    Hyatt Regency Orlando sells for $1B

    The sale of the 1,641-room property — the largest single-asset sale in Hyatt’s history — is part of the company’s mission to offload real estate and “go asset-lighter.”

    By • Aug. 20, 2024
  • Marriott will add Sonder's portfolio of more than 9,000 rooms to its system.
    Image attribution tooltip
    Courtesy of Sonder
    Image attribution tooltip

    How a Marriott, Sonder tie-up could create value for both accommodations providers

    Marriott expects increased net rooms growth and market reach from the newly inked strategic licensing agreement, while Sonder banks on value creation for stakeholders.

    By • Aug. 20, 2024
  • Sonder offers apartment-style accommodations.
    Image attribution tooltip
    Courtesy of Sonder
    Image attribution tooltip

    Marriott to add Sonder rooms to system through strategic licensing agreement

    The partnership comes as Sonder fights legal battles with disgruntled investors and undergoes a portfolio optimization program to “mitigate losses.”

    By • Aug. 19, 2024