External Articles

A ‘Two-Name’ Industry: Eric Danziger on Combining the Heart for Hospitality With a Head for Business

Newly retired hospitality icon Eric Danziger, who may be best remembered as the only CEO of Trump Hotels who wasn’t a Trump family member, recently spoke with LODGING about his career climb from Fairmont San Francisco bellman to CEO of Starwood Hotels, Wyndham Hotel Group, and, of course, Trump Hotels. However, as he mentioned while sharing his “success story,” it was his fortunate track record of growing companies that prompted the Trumps, among others, to tap him to undertake many of the challenges he described.

Retail, Hospitality And The Olympic Games: LVMH’s Real Estate Strategy

In June 2023, it was confirmed that luxury conglomerate LVMH would become a premium sponsor of the Paris Olympic Games of 2024, a status it paid nearly $160 million to obtain. While it may have come to a surprise to see the world’s leading luxury group become the commercial partner of a mainstream sports event, the move was a clear strategic one that has since led to more tactical spending in anticipation of the event in less than 100 days. In the past year, the group has boosted its real estate portfolio by acquiring buildings in prime locations in Paris, New York and other city centers to enhance its presence across retail and hospitality, which it has expanded ahead of the Olympics and will continue to do so afterwards.