LTI announces the World's Best Luxury Hotel Brands 2024
Welcome to our annual World's Best Luxury Hotel Brands report.
Press Releases
LBA Hospitality Strengthens Chattanooga Presence with Two New IHG Hotels
LBA Hospitality and 3H Group proudly announce the grand opening and ribbon cutting of two exciting new additions to East Chattanooga's skyline: Candlewood Suites Chattanooga East and Holiday Inn Express Chattanooga East. The hotels began welcoming guests on September 30, 2024, and today marks their grand opening event, complete with a ribbon-cutting ceremony attended by local community leaders and representatives from LBA Hospitality and 3H Group. This milestone event highlights LBA & 3H's continued growth and investment in Chattanooga's vibrant hospitality scene.
Peachtree Group Expands Third-Party Hotel Management Business with New Partnership with Group 10 Management
Peachtree Group (“Peachtree”) has announced a long-term partnership with Southfield, Michigan-based Group 10 Management (“Group 10”), expanding its managed portfolio with 14 new hotels totaling 1,648 rooms. This milestone growth pushes Peachtree's total managed operations beyond 100 hotels and solidifies its position as a leading third-party hotel manager. The properties are primarily Marriott, Hilton and IHG-branded hotels and are predominantly located in the metro Detroit area.
Grand Metropolitan Hotels acquires majority stake in TOP INTERNATIONAL Hotels
With the acquisition of TOP INTERNATIONAL Hotels, Grand Metropolitan Hotels will expand its portfolio, leveraging synergies to enhance the competitiveness of its partner and member hotels in global markets. The integration of established processes, innovative technologies, and expert knowledge will be key to shared success.
Davidson Hospitality Group Tapped by Lennox Capital Partners to Manage Two Distinctive Hotels
Davidson Hospitality Group, recently ranked #1 in Guest Satisfaction among Third-Party Hotel Management Companies by J.D. Power for the third consecutive year, has been selected by Lennox Capital Partners to manage two distinctive properties: The Highland Dallas, Curio Collection by Hilton in Dallas, Texas, and The Westin St. Louis in St. Louis, Missouri.
Griffin Hotel Management LLC Merges Into Meyer Jabara Hotels
Griffin Hotel Management LLC, a hospitality company spanning multiple generations, has merged into Meyer Jabara Hotels. Effective immediately, Griffin will transition 14 assets to the MJH umbrella, and when combined with other deals currently in the 2024 pipeline, the hotel ownership and management company will reach 50 hotels by Q1 2025. Griffin executives James Kirkland and Jay Fishman are taking on new roles at Meyer Jabara Hotels. Kirkland, Griffin CEO, is assuming the role of Senior VP of Operations – Western Region and will oversee that region from Austin, Texas. Fishman, the majority owner of Griffin, will take on a business development role with MJH based out of the Chicago area.
HFTP Announces 2024–2025 Global Executive Committee and Board of Directors
Hospitality Financial and Technology Professionals (HFTP®) has announced its 2024–2025 HFTP Global Executive Committee and Board of Directors, effective November 1, 2024.
A New Leader in Europe: Pyramid Global Hospitality Expands with Axiom Hospitality Merger
Pyramid Global Hospitality announces the strategic merger of the company’s European division, Hamilton Pyramid Europe, with Axiom Hospitality. The two hotel management companies are combining to create the UK and Continental Europe’s hotel and resort management company of choice for the region’s leading hotel sector investors.
PM Hotel Group and Sightline Hospitality Announce Strategic Merger
PM Hotel Group, a leading hospitality management company, and Sightline Hospitality, renowned for its experiential travel and innovative property management, are pleased to announce a strategic merger. This partnership marks a significant development in PM Hotel Group’s growth trajectory, specifically within PM Hotel Group’s lifestyle hotel division Modus by PM Hotel Group, complementing and deepening the organization’s distinct verticals of lifestyle, unconventional hospitality and experiential travel. The merger expands PM Hotel Group’s footprint across the United States, positioning the newly combined entity to deliver unparalleled management excellence and redefine luxury and lifestyle, driving enhanced value for property owners while offering guests a diverse range of premium accommodations and immersive experiences.
U.S. Travel Calls on Congress to Pass Critical Disaster Relief by Thanksgiving Holiday
In a letter delivered on Friday, the U.S. Travel Association called on Congressional leaders to pass substantial disaster relief to regions devastated by Hurricanes Helene and Milton as soon as Congress reconvenes.
Davidson Hospitality Group Announces New Partnership with Nautic Partners Following Sale by an Affiliate of KSL Capital Partners
Davidson Hospitality Group, a leading hospitality management company celebrating its 50th anniversary this year, today announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partnership, Nautic Partners will acquire Davidson Hospitality Group from an affiliate of KSL Capital Partners, LLC, in partnership with Davidson management.
AHLA announces appointment of Rosanna Maietta as President & CEO
The American Hotel & Lodging Association (AHLA) announced today that Rosanna Maietta has been selected to serve as the association’s next president & CEO, effective Nov. 14. Maietta is a talented executive with a global career marked by success working alongside boards and leading teams to high performance. Over the span of her career, she has achieved exceptional success in public affairs, strategic planning, association management, team building, and leadership.
UN Tourism Celebrates Excellence and Innovation at Qatar Tourism Awards
The second edition of the Qatar Tourism Awards welcomed around 1,200 applications from businesses and individuals working in the sector. The different categories and sub-categories were designed to reflect the diversity of Qatar's growing tourism sector. Between 2019 and 2024, international arrivals to Qatar grew by 147%, with the sector also a growing hub for tourism innovation and investments.
U.S. Travel Praises Progress on Visa Processing
Travel Association President and CEO Geoff Freeman issued the following statement on the Biden administration's announcement of goals for travel and tourism in 2025.
It's A Wrap! 2024 HFTP Annual Convention
Hospitality Financial and Technology Professionals (HFTP®) HFTP hosted its signature education and membership event, the 2024 Annual Convention, at the Mohegan Sun Resort and Casino in Uncasville, Conn., from October 23-25, 2024. The convention brought together 300 club and hotel industry experts, thought leaders, and members to explore the latest trends, share insights, and foster professional connections. This year’s event offered a dynamic blend of educational sessions, inspiring speakers, interactive panels, a tabletop exhibition, networking opportunities, and engaging social activities. Tailored to address the evolving challenges in the hospitality industry, sessions focused on best practices, fraud prevention, emerging technologies, employee retention, financial reporting, legislative updates, and more.
AAHOA Expresses Disappointment Over Passage of New York City Council’s Safe Hotels Act
AAHOA (Asian American Hotel Owners Association) is deeply disappointed by the New York City Council’s decision to pass the Safe Hotels Act on Wednesday, October 23, despite recent revisions. While the exemption for hotels with fewer than 100 rooms offers relief to some, AAHOA remains concerned about the adverse effects of this legislation on the broader hotel industry, particularly minority-owned businesses. The revisions fail to address industry leaders’ critical concerns throughout the legislative process.
María Quintero of HVS Middle East & Africa is the 2024 Recipient of the ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consulting
The International Society of Hospitality Consultants (ISHC) has named María Quintero of HVS Middle East & Africa as the recipient of the annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. María was honored at the ISHC annual conference held 26-28 September at the St. Regis Dubai, The Palm. As the winner, María received a one-year associate membership to ISHC to further professional relationships and experience all that the Society has to offer through planned events and networking with top hospitality industry consultants from around the globe.
Hotel Association of NYC Applauds Passage of Safe Hotels Act
The Hotel Association of New York City (HANYC) issued the following statement regarding the New York City Council’s passage of Intro 991, known as the “Safe Hotels Act.”
Stella Blythe Receives 2024 Rising Star Award Asia Pacific
The International Society of Hospitality Consultants (ISHC), in partnership with the Hotel Investment Conference Asia Pacific (HICAP) awarded Stella Blythe, Director, Hotels and Hospitality, Asia at CBRE, with the Rising Star Award Asia Pacific during the HICAP event on 17 October 2024.
Introducing WiZiU, Covivio’s hotel management platform
The year 2024 marks a significant step forward in Covivio's drive to strengthen its position in the hotel sector. The Group is now entering a new phase in the development of its hotel management platform: the consolidation of the assets held jointly with AccorInvest, scheduled for the end of November, will trigger a change of scale in terms of size and growth momentum. This is an opportunity for Covivio to acknowledge the new dimension of its platform and give it a new identity: WiZiU.