HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned hotels with a portfolio of more than 100 properties across the United States, today announced that it has assumed management of the 143-key Aloft Phoenix-Airport in Phoenix, AZ, joining HEI’s rapidly growing portfolio of premium-branded, select-service hotels. The RADCO Companies recently acquired the property.
Hotel owner, operator and developer Hotel Equities has reported noteworthy performance growth in 2023 YTD, significantly surpassing 2019 benchmark levels. Through laser-focused efforts on key performance indicators (KPIs), the company has achieved substantial performance results surpassing 2019’s enterprise RevPAR by 20% and 2022’s by 26% showcasing the company's ability to optimize revenue generation while maintaining the highest levels of guest satisfaction. These achievements can be attributed to several initiatives implemented by Hotel Equities’ expert revenue generation team, led by Kevin Fraser, SVP of Sales & Revenue Generation and Bill Stachler, VP of Revenue Optimization. “Our team is united in our focus on finding the right business, at the right time, at the right price point while continuing to shift market share away from our competition and providing service that is realizing strong customer retention,” said Fraser.
Valor Hospitality Partners, a leading global full-service hospitality firm announced a corporate restructure for the Americas division as the company plans for further rapid growth as a result of recent portfolio and corporate team expansion. To support this vision, the company added several new leadership positions to its corporate Americas office, introducing Managing Director Craig Strickler as Valor Americas President and ushering nine corporate directors into vice president positions to oversee department-level strategy. The announcement comes immediately following the Middle East and Central and South Africa expansion and signals the projected growth of Valor Hospitality Partners on a global scale.
98% of Los Angeles residents say homelessness in the city is a crisis or a major problem. Despite that, 86% say LA should not prioritize housing people experiencing homelessness in hotels, according to a new survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Public Opinion Strategies.LA residents are set to vote in March 2024 on whether to require all local hotels to house unhoused individuals next to paying guests as part of a ballot initiative proposed by Unite Here, a labor union that represents LA-area hotel workers.
Sandpiper Hospitality – a Virginia-based hotel management company with vast expertise in the extended-stay segment – is excited to announce that it has been awarded the management contract for the Courtyard by Marriott Fort Collins.
National Hospitality Services (NHS), a leading hospitality management company and an affiliate of Hotel Equities (HE), is thrilled to announce its recent addition of two hotels: MainStay Suites in Williston and Candlewood Suites an IHG hotel in Bismarck, both situated in the heart of North Dakota.
The Salamander Collection today announced the evolution of its unique brand. Founded by renowned business leader Sheila Johnson, the distinct and expanding company has re-branded to mark the 10-year anniversary of its flagship resort in Virginia.
Crescent Hotels & Resorts, the award-winning operator of over 120 properties, announced the addition of Embassy Suites by Hilton Washington D.C. Chevy Chase Pavilion to its esteemed collection. Located in Northwest Washington D.C., this hotel offers unparalleled service and comfort, catering to the needs of both business and leisure travelers.
Cornerstone Hospitality LLC cornerstonehospitality.com is proud to announce that its owner, as well as President & CEO Kimberly Christner, has been selected as one of the most influential women and powerful business leaders in Virginia by Virginia Business Magazine.
The Asian American Hotel Owners Association (AAHOA), offered input about how transportation infrastructure can create a solid foundation for promoting and sustaining long-distance travel and tourism, in response to the U.S. Department of Transportation’s (DOT) Request for Comment on the National Travel and Tourism Infrastructure Strategic Plan (NTTISP).
Galaxy Hotels Group today announced the conversion of the full-service hotel at 1200 Collins Road NE in Cedar Rapids, Iowa, to the Radisson Hotels Americas brand, which is a part of Choice Hotels International. The newly branded Radisson Hotel Cedar Rapids is the first hotel conversion to the Radisson brand since Radisson Hotels Americas was acquired by Choice Hotels International in 2022. The seven-story, atrium-style property features 220 keys and approximately 26,000 square feet of event space. The hotel will remain open for business during a comprehensive renovation. The Radisson Hotel Cedar Rapids is owned by Voyage Capital Group and operated by Galaxy Hotels Group. Frisco, Texas-based Galaxy Hotels Group is a growing hotel management company that operates hotels across nine U.S. states, representing well-known brands.
U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the U.S. Department of Labor’s announcement that it received more H-2B visa applications for the year’s first-half allotment than total visas available:
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels with a portfolio of 100 properties across the United States, recently announced that it has assumed management of the 202-key EVEN Hotel Brooklyn (NY), 167-key EVEN Hotel Rockville (MD), and 128-key EVEN Hotel Norwalk (CT). The properties are owned by a joint venture between Taconic Capital Advisors and 6R Capital Group.
Mission Hill Hospitality, a leading select service and extended stay hotel investor, announced it has acquired two select service Marriott hotels located in Clearwater Beach, Florida: the 144-key AC Hotel Clearwater Beach and the 139-key Courtyard Clearwater Beach. Terms are undisclosed.
Crescent Hotels & Resorts, the award-winning operator of over 120 properties, announced the addition of the Ivey Spencer Leadership Centre in London, ON, and the Ivey Donald K. Johnson Centre in Toronto, ON to its Latitudes: Lifestyles by Crescent portfolio. These time-honoured establishments have maintained their status as the go-to destinations for inspired events and conferences.
Hotel ownership, management and development company, Hotel Equities (“HE”), has been tapped to manage two Indianapolis hotels, the Fairfield Inn & Suites Indianapolis Airport and the Residence Inn Indianapolis Airport. The Fairfield Inn & Suites, owned by JJI Group Inc, and The Residence Inn, owned by JJI Hospitality Inc., are neighboring properties located just two miles from the Indianapolis International Airport.
Officials of MMI Hotel Group (MMI), a leading operator of core, lifestyle and destination resorts and hotels located primarily in the Southeast United States, today announced the company has been selected to operate Fontana Village Resort & Marina in Fontana Dam, N.C. Nestled in the heart of the Smoky Mountains, Fontana Village is a resort property comprised of approximately 356 scenic acres that includes a 91-room lodge, 124 cabins, two restaurants, a general store, two swimming pools including a lazy river, multi-purpose sports fields/courts, post office building, gas station, 60-slip marina with 18 floating cabin moorings, horse stables and public trails. If that's not enough, guests can also enjoy an 18-hole miniature golf course, mountain biking, white water rafting, boat rentals and a myriad of local excursions.
Hotel owner, operator and developer, Hotel Equities (“HE”) announced the addition of the Wyndham Moline on John Deere Commons in Moline, IL to its management portfolio. The 163-room hotel is directly located on the Mississippi River and enriches HE’s growing portfolio of properties in the Midwest. The hotel is owned by Moline Hotel, LLC.
Hotel owner, operator and developer, Hotel Equities (“HE”), just announced its assumption of management for the Element Moline, IL. The downtown hotel, owned by Moline Promenade Investors, LLC, is an exciting addition to Hotel Equities' expanding portfolio of properties in the Midwest.
Pyramid Global Hospitality – the powerhouse hospitality company behind inspired collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe – announced today the continued expansion of its management portfolio with the addition of six U.S. hotels and resorts.