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Appointment

Peyton Canna has been appointed as Group Sales Manager at Hyatt Centric Downtown Denver

Peyton Canna joins Hyatt Centric Downtown Denver as Group Sales Manager, bringing extensive expertise in hospitality management and a passion for guest relations. As Group Sales Manager at Hyatt Centric Downtown Denver, Canna focuses on overseeing both event bookings and accommodations for groups visiting the hotel. She thrives on building relationships with clients, ensuring seamless experiences from initial contact through to the completion of their events or stays.

Hyatt Centric
Denver, Colorado, United States
Development Opening

IHG Hotels & Resorts Announces the Opening of the InterContinental San Antonio Riverwalk

InterContinental Hotels & Resorts, part of IHG Hotels & Resorts' luxury and lifestyle portfolio, announces the opening of the InterContinental San Antonio Riverwalk. The debut of the 390-room hotel — which features more than 18,000 square feet of meeting space, four new restaurants and bars, and impeccable Les Clefs d'Or concierge service — sets a new standard for luxury accommodations in the region.

InterContinental
San Antonio, Texas, United States
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Appointment

Nicholas Barry Owen has been appointed as Director of Food and Beverage at Salamander Middleburg

Owens brings over 20+ years of international leadership experience in food and beverage across a global mix of luxury hospitality establishments. His background crosses a range of Four Seasons properties, where he served in roles overseeing all food and beverage operations as well as leading in the kitchen. In his most recent role as Director of Food & Beverage and Culinary Operations at the AAA Five Diamond Four Seasons Hotel & Private Residence New Orleans, where he oversaw five outlets and 30,000 sq. ft of event space, he achieved a slew of culinary accolades from Food & Wine, Esquire, and Southern Living, amongst others. Prior to that, he served as Executive Chef at Four Seasons Hotel & Residence Kyoto, Four Seasons Hotel Seoul, Four Seasons Hotel Singapore, and the Five-Star Five-Diamond Four Seasons Hotel Washington DC. He began his career at the acclaimed Clio Restaurant at the Eliot Hotel in Boston where he rose to lead cook within his first year.

Salamander Collection
Middleburg, Virginia, United States
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Press Release Development

Host Hotels & Resorts Acquires 1 Hotel Central Park in New York City

Host Hotels & Resorts, Inc. (NASDAQ: HST) (“Host” or the “Company”), the nation’s largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in the 234-room 1 Hotel Central Park (the “Property”) for approximately $265 million in cash. The acquisition price represents an 11.1x EBITDA multiple or a cap rate of approximately 8.1% on the Property’s 2024 estimated results1.

Host
New York, New York, United States
Press Release Development

RLJ Lodging Trust Acquires Hotel Teatro in Denver

RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it has acquired the fee simple interest in the 110-room Hotel Teatro in Denver (the “Hotel”) for a purchase price of $35.5 million. The Hotel was redeveloped into an independent boutique lifestyle hotel following the transformational conversion of the historic Denver Tramway Company office building, built circa 1911. The hotel is expected to generate over a 10% stabilized yield.

RLJ Lodging Trust
Denver, Colorado, United States
Appointment

Ali Mohammed has been appointed as Regional Vice President and General Manager at Four Seasons Resort Orlando at Walt Disney World Resort

Ali Mohammed has been appointed as Regional Vice President and General Manager of Four Seasons Resort Orlando at Walt Disney World Resort, effective immediately. Mohammed has spent the past 24 years with Four Seasons, gaining invaluable experience in each role, spanning the globe in a variety of instrumental positions.

Four Seasons
Orlando, Florida, United States
Press Release Markets & Performance

Recent Challenges Faced by the Monterey County Lodging Market

Similar to other resort destinations in California, Monterey County was initially affected by the COVID-19 pandemic; however, the economic effects in 2020 were somewhat minimized by the market’s proximity to the San Francisco Bay Area. Monterey’s appeal as a picturesque, lower-density, drive-to destination drew significant interest from those seeking refuge from urban centers during the pandemic.

Curtis Herbolich
By Curtis Herbolich, Project Manager in the HVS San Francisco office, HVS
Monterey, California, United States
Press Release Development

Cambria Hotels Continue Expansion Across the U.S. with Key Openings Across the Country

Choice Hotels International, Inc. (NYSE: CHH) has opened four Cambria Hotels in popular U.S. destinations. The newly opened properties, located in Niagara Falls, NY; Rehoboth, DE; North Conway, NH; and Denver, CO, join a collection of more than 70 open Cambria Hotels located around the country and an upscale portfolio of eight brands, including Radisson Blu, the Ascend Hotel Collection, Radisson, Radisson Individuals, Radisson RED, with hotels around the world. These openings continue to cement Choice Hotels as a challenger in the upscale segment and opened just in time for the summer travel season, with a recent Deloitte survey sharing that nearly half of Americans are planning on taking a trip this summer. These Cambria hotels offer guests a full-service upscale experience with amenities such as restaurants, bars, meeting and event spaces, and more.

Choice
United States
Development Opening

Resolute Road Opens The Newberry Hotel, A Tapestry Collection by Hilton

Resolute Road Hospitality, a third-party management company founded on the promise to change the way owners think of their management company, announced today the grand opening of The Newberry Hotel, a stunning addition to the Tapestry Collection by Hilton. Previously the DoubleTree by Hilton, The Newberry Hotel has undergone extensive renovations and rebranding to convert the DoubleTree to part of the Tapestry Collection by Hilton, offering an upscale boutique experience for guests visiting downtown Bend.

Tapestry Collection by Hilton
Bend, Oregon, United States