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Paramount Lodging Advisors Closes Out the Sale of the Courtyard by Marriott and Hampton Inn Statesville, NC
Paramount Lodging Advisors | October 28, 2024
Paramount Lodging Advisors (PLA) has successfully transacted the Courtyard by Marriott and Hampton Inn Statesville, NC. PLA Partners Mike Schlictman and Andrew Makhlouf represented the seller in the transactions. The 94-room Courtyard and 80-room Hampton Inn are both proximate to all local leisure demand generators, most notably Statesville Civic Center, Lake Norman, and Statesville Park and Soccer Complex. The properties were sold individually as part of a larger institutional portfolio sale. “As part of our ongoing efforts to deliver exceptional results for our clients, we’re proud to have recently brokered the sales of two instit
Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.
Reside | October 28, 2024
PARSIPPANY, N.J., Oct. 28, 2024 -- Guests seeking contemporary, upscale residence-style accommodations in urban destinations now have new offerings to consider in key cities like Houston, Washington D.C and more as a result of a 10-year development relationship between Wyndham Hotels & Resorts, the world's largest hotel franchisor, and Reside, a leading residential hospitality management company. The franchise agreements bring five residence-style hotels that are open or under development to the Wyndham brand—marking the debut of its Wyndham Residence® tier in the U.S.—with a focus on expanding its offerings across top 50 markets
Travelers Choose Driving over Flying this Holiday Season, Opting for Reliable Methods of Travel and Familiar Destinations
Studio 6 | October 28, 2024
DALLAS, Oct. 28, 2024-- Americans are trading in their sleigh rides for car rides this holiday season, as they seek comfort in familiar, flexible, and budget-friendly travel options more than ever before. New data from Motel 6 and Studio 6 reveals that over half of those traveling to celebrate winter holidays this year will hit the road to their destination (51%) rather than take to the sky (13%). The study, which surveyed 2,000 Americans who plan to celebrate winter holidays this upcoming season, found an increase in road travelers from last year (+2% OnePoll 2023), a choice driven by the proximity of their destination (46%) and the desir
Hozpitality Group Announces the Power List of 30 Most Popular Hospitality & Tourism Leaders in the Middle East
Hozpitality Group | October 28, 2024
These visionary leaders, selected through a public voting process, represent a wide range of expertise and organizational backgrounds. DUBAI, UAE, Oct. 28, 2024-- Hozpitality.com proudly presents its prestigious Power List of the 30 Most Popular Hospitality and Tourism Leaders, recognizing the remarkable achievements of top executives who have made a profound impact on the region's dynamic hospitality and tourism industries. The honorees include influential figures from airlines, hotels, tourism boards, and hospitality management firms, all of whom have played pivotal roles in transforming the Middle East into a global travel hub. Th
Hyatt and Grupo Piñero Plan to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand
Hyatt Hotels Corporation | October 28, 2024
Strategic joint venture will strengthen Hyatt’s position as a global leader in the all-inclusive space and boost the growth of Grupo Piñero's hotel division and its ability to reach new clients in key markets. CHICAGO, & PALMA DE MALLORCA, Spain--Hyatt Hotels Corporation today announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe-branded hotels and resorts and own the Bahia Principe brand. The 50/50 joint venture is expected to expand Hyatt’s all-inclusive room portfolio by approximately
Abe Liao Tapped as Managing Director of The Watergate Hotel in Washington, DC
Watergate Hotel | October 28, 2024
Washington, D.C. (October 28, 2024) – Abe Liao, an esteemed leader in the luxury and lifestyle hospitality industry, has been appointed Managing Director at the famed Watergate Hotel. With an impressive track record in overseeing premier properties and guiding operations to new heights, Liao brings a wealth of experience, insight, and passion to this iconic property. Previously, Liao served as Vice President of Operations at Aimbridge Hospitality, where he oversaw up to 20 hotels across the continental United States, with a specialization in Independent and Soft-Branded Hotels. This diverse portfolio spanned luxury and lifestyle produc
PPDS Brings Hospitality Solutions to Life Inside First PPDS Master Showroom Experience Center in North America
PPDS | October 28, 2024
Inspiration, innovation, and co-creation: Extending PPDS’ global network of PPDS Studios to nine – and the second of the company’s regional Master Showrooms – the new, state-of-the-art, 2,368 ft² PPDS Studio NYC Metro opens new opportunities for partners and hotel owners to discover and experience the benefits and capabilities of Philips Professional Displays. Atlanta, October 2024: PPDS, the exclusive global provider of Philips Professional Displays and complementary solutions, is delighted to announce the latest expansion of its North American business, with the grand opening of its stunning new PPDS Master Showroom experience cen
HSMAI Welcomes Brian Hicks as President & CEO, Continuing the Legacy of Innovation and Leadership
HSMAI | October 28, 2024
McLean, VA (Oct. 28, 2024) – The Hospitality Sales and Marketing Association International (HSMAI) is proud to announce the appointment of Brian Hicks as its new President and CEO. Hicks, a distinguished hospitality leader with more than 30 years of international experience, steps into this role as only the fifth CEO in HSMAI’s nearly 100-year history, marking a new chapter in the organization's legacy of leadership. His proven track record of driving growth, innovation, and leadership across major hotel brands and regions positions him well to continue building upon the foundation laid by the late Bob Gilbert, who served as President