Press Releases

HEI Assumes Management of The Renaissance Times Square

HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels, with a portfolio of more than 100 properties across the United States, recently announced that it has assumed management of the 317-room Renaissance Times Square. The hotel was recently acquired by Newbond and Apollo Global Management, who then tapped HEI to manage the property. Renaissance Times Square is located in the heart of Times Square, steps away from the best of New York City’s Theater District and its array of attractions.

Resolute Road Hospitality Announces Addition of Two Oregon Hotels to Managed Portfolio

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 addition of two hotels to its third-party managed portfolio. The properties, both located in Oregon, are owned by Evergreen Hospitality Development Group, a hospitality development and investment firm led by Alkesh Patel. Prior to founding Evergreen Hospitality, Alkesh served as the 2012-2013 Chairman of AAHOA, the world's leading association of hotel owners, with over 18,000 members owning more than 20,000 hotels.

Nobu Celebrates a Decade of Game-Changing Hospitality in Las Vegas

2023 marks 10 years since Nobu Hotel Caesars Palace Las Vegas opened its doors, and a decade of Nobu Hotels' instinctive design, innate passion for service and world-class cuisine. To mark the milestone, shareholders Nobu Matsuhisa and Meir Teper returned to Nobu Hotel Caesars Palace for an evening of celebrations with 300 VIP guests for a chance to reflect on 10 years of game-changing hospitality and look ahead at what is to come.

Newport Hospitality Group Showcases Awards from the Annual Leadership Conference

This year, Newport Hospitality Group held its Leadership Conference under the theme "Together We Rise," which celebrated connectivity, mindfulness, and a deep sense of belonging in Asheville, NC. Reflecting on the past year, we commended each other's accomplishments. “The conference culminated in a gala dinner, highlighting our top hotel performers. These awards recognize the hotel teams that have excelled in delivering unparalleled results throughout the prior year. We congratulate and celebrate all of our winners," said Andrew Carey, CEO.

Island Hospitality Management Assumes Management of 100-Room Inn of Naples, Tapestry Collection by Hilton

Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels, announced that the company has assumed management of the 100-room Inn of Naples Tapestry Collection by Hilton. The property is owned by Mission Hill Hospitality, a leading select service and extended stay hotel investor.

Aligned Hospitality Management Expands Presence in Arizona and Continues Rapid Portfolio Growth with the Addition of Key Properties

Aligned Hospitality Management has expanded its presence in Arizona and continued its rapid growth by adding two properties to its portfolio. This expansion not only underlines the company's growing footprint in the Arizona market but also underscores the continued trust owners have in Aligned's expertise and third-party management capabilities. With these portfolio additions, Aligned manages nearly 20 properties across various markets.