Meyer Jabara Hotels’ Journey Culture Reaping a 75% Employee Retention Rate
Meyer Jabara Hotels | August 8th, 2023
The Drayton Hotel Savannah Joining Curio Collection by Hilton
Curio Collection by Hilton | July 31st, 2023
HEI Assumes Management of Dual-Branded Crowne Plaza and Staybridge Suites in Midtown Atlanta
HEI Hotels & Resorts | May 31, 2023
Norwalk, CT (May 31, 2023) - 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, announced that it has assumed management of the 360-room Crowne Plaza Hotel and the 102-unit Staybridge Suites Hotel, a dual-branded hotel complex in Midtown Atlanta, Georgia. Owned by affiliates of Ramsfield Hospitality Finance and funds managed by AB CarVal, the hotels are located in the heart of Atlanta’s thriving Midtown district and just minutes from downtown, Georgia Tech University, Coca-Cola World Headquarters, Mercedes Benz St...
Crestline to Manage Two Iconic Hotels: The Delphi in Downtown Los Angeles and Waldorf Towers in South Beach, Miami
Crestline Hotels & Resorts | May 31, 2023
FAIRFAX, VA – May 31, 2023 Crestline Hotels & Resorts, LLC (“Crestline”) expands its management portfolio of luxury boutique hotels with the addition of The Delphi in downtown Los Angeles, California (formerly The Standard Hotel) and the Waldorf Towers in Miami Beach, Florida. Both hotels have been completely reimagined to respect their history and glamor while creating contemporary, stylish, eclectic, and innovative ways to welcome guests. “Each of these properties are architectural gems within their communities and share a unique design and history that were diligently retained and enhanced by our design teams," s...
The Indigo Road Hospitality Group Adds Georgia’s Bridge Creek Inn to Portfolio of Boutique Hotels
The Indigo Road Hospitality Group | May 31, 2023
CHARLESTON, SC — May 31, 2023 — The Indigo Road Hospitality Group has added Bridge Creek Inn in Clayton, GA, to its growing portfolio of boutique hotels throughout the Southeast and Midwest. Indigo Road will manage the property, slated to open in September 2023, for Ridgeline Investment Partners, the property’s owner. “Each property in our portfolio is thoughtfully added, carefully curated, and designed with our development partners to embody the essence of its location,” said Larry Spelts, president of Lodging & Lifestyle Adventures at Indigo Road. “With each new addition to our portfolio of boutique hotels throughout the ...
Quadrum Global Selects Arlo Hotels to Operate The Williamsburg Hotel in New York City
Arlo Hotels | May 25, 2023
BROOKLYN, NY (May 25, 2023) – On the heels of Quadrum Global’s purchase of The Williamsburg Hotel, the real estate development firm has announced that the boutique property will operate under the independent, experience-driven Arlo Hotels portfolio starting in September 2023. Arlo Williamsburg will be Arlo Hotels’ fourth property in New York City, joining Manhattan locations Arlo SoHo, Arlo NoMad and Arlo Midtown. Located in the heart of Brooklyn, Arlo Williamsburg captures the essence of the neighborhood’s eclectic spirit, serving as a launchpad for all things local. When it first opened in 2017 as The Williamsburg Hotel, the eight-...
Crescent Hotels & Resorts Adds the Iconic Mission Inn Hotel & Spa to Luxury Management Portfolio
Crescent Hotels & Resorts | May 25, 2023
Riverside, CA (May 25, 2023) – Crescent Hotels & Resorts, the award-winning operator of over 120 hotels and resorts, announced the addition of The Mission Inn Hotel & Spa to its Latitudes: Lifestyles by Crescent portfolio. The iconic AAA Four-Diamond hotel evokes the graceful ambiance experienced by its very first guests in 1876. "We understand that our community, our guests, and our employees are the heart of The Mission Inn Hotel & Spa," shared Kelly and Duane Roberts, owners of the Mission Inn Hotel & Spa. "It's their affection and dedication to this landmark that have made it more than just a hotel. It's a shared...
Third-Party Hotel Management on the Rise
Hala Matar Choufany | May 23, 2023
By Hala Matar Choufany In the discussion with Bani Haddad, Hala Matar Choufany discusses the change in traveler behaviour and experiences as the new trend. Hala Matar Choufany also reviews the maturity levels of Middle East countries. The discussion leads to the topic of rising third-party hotel management contracts, where Bani Haddad explains the value proposition of third-party management companies. Some of the benefits of working with a third-party management company are the avoidance of corporate expense structures, which leads to lower costs and a better bottom line, and simple and flexible contractual terms. Although, the most im...
First Hospitality to Operate Holiday Inn Express Milwaukee West
First Hospitality | May 17, 2023
Chicago (May 17, 2023) - David Duncan, president and CEO of First Hospitality, announces that the national hotel operating and development company has added the Holiday Inn Express Milwaukee West to its growing national management portfolio. “First Hospitality’s considerable experience with the Holiday Inn Express brand of hotels has fostered a deep understanding of properties of this size and structure,” said Duncan. “And as our footp? rint expands, we’re able to easily share both our talent and expertise to maximize profitability and strengthen this hotel’s presence in the market through our team’s tailored approach to se...
Pyramid Global Hospitality Assumes Management of Wayfinder Newport Hotel
Wayfinder Newport | May 16, 2023
BOSTON, MASS. and THE WOODLANDS, TX (May 16, 2023) – Pyramid Global Hospitality – the powerhouse hospitality company behind inspired collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe – is pleased to announce the Wayfinder Newport hotel in Newport, Rhode Island, as the latest addition to the company’s distinguished management portfolio. Continuing a longtime partnership with Dovetail + Co, owner of the Wayfinder Newport, Pyramid Global has assumed management of the 197-room hotel with immediate plans underway to rebuild and revitalize the property. “We are pleased to welcome the Wayfinder N...
Springboard Hospitality Welcomes Hotel St. Michael Prescott to Its Management Portfolio
Springboard Hospitality | May 16, 2023
LOS ANGELES, Calif. (May 16, 2023) – Springboard Hospitality, an award-winning hospitality management company, today announced the addition of Hotel St. Michael in Prescott, Arizona to its portfolio of 47 independent and branded properties in 13 states across the U.S. Situated in the heart of historic downtown on the corner of Prescott’s famous Whiskey Row, just steps away from Fort Whipple Museum, charming boutique shops, and the iconic Courthouse Plaza, the 70-room Hotel St. Michael perfectly blends colorful history with modern furnishings within its 122-year-old walls. “There’s something very special about historic hotels, an...
Life House Adds Three New Texas Boutique Hotels to Its Management Portfolio
Life House | May 15, 2023
SAN ANTONIO--Life House, a technology-forward hotel management company, has been selected to manage three new hotels in Texas - Hotel Dryce in Fort Worth, The Flats at St. Mary in San Antonio, and a third property that will be announced soon. The owners of both Hotel Dryce and The Flats at St. Mary wanted an experienced independent hotel operator to run the day-to-day operations and free up their time to focus on development projects. They were drawn to Life House’s ability to preserve brand identity, while maximizing profit through tech-enabled management. The demand for Life House's management aligns with a broader Texas trend, whereby...
MMI Hotel Group Assumes Management of Cambria Hotel Fort Mill
MMI Hotel Group | May 10, 2023
FLOWOOD, Miss., (May 10, 2023) – 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 assumed management of the Cambria Suites in Fort Mill, S.C. This 127-room Cambria Suites joins an impressive portfolio of properties that are managed and/or owned by MMI, including The King and Prince Beach & Golf Resort on St. Simons Island, Ga., Mission Inn Resort & Club in Howey-in-the-Hills, Fla. and The James Madison Inn boutique hotel in Madison, Ga., among others. “MMI Hotel Group has the skillset...
LBA Hospitality Selected to Manage the avid™ hotel in Ocala, Florida
LBA Hospitality | May 9, 2023
OCALA, Fla., May 9, 2023-- LBA Hospitality, an Alabama–based hotel management company, today announced the addition of the 95-room avid™ hotel by IHG in Ocala, Florida to their growing management portfolio. LBA Hospitality was recently ranked one of the top third-party management companies by Hotel Management Magazine. The avid hotel Ocala Downtown is located at 1626 S. Pine Avenue, near downtown Ocala and minutes away from Ocala International Airport – Jim Taylor Field, and offers convenient access to Advent Health Ocala and Ocala Regional Medical Center. The four-story property is just a short drive from...
Incentive Management Fees Return With Recovery
Robert Mandelbaum and Tim Dick, Ph.D. | May 4, 2023
By Robert Mandelbaum and Tim Dick, Ph.D. Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more conscious of the bottom line since owners achieve their returns and pay their debts from profits, not revenue. Incentive management fees are earned by the operator once a designated profit threshold is achieved. Given the depressed performance of hotels during the 2020 industry downturn, unsurprisingly almost no hotel owners paid an incentive fee to their managers that year. Fortunately for U.S. hotel operators, incentive fees have risen con...
ONYX Hospitality Group Expands Shama Brand With Signing of Shama Luxe Sukhumvit Bangkok
ONYX Hospitality Group | May 3, 2023
Bangkok, May 3, 2023 – Thailand based ONYX Hospitality Group, has signed a business alliance agreement with Walton Asset Management Co., Ltd., to manage Shama Luxe Sukhumvit Bangkok, a luxury serviced apartment in the heart of Bangkok. The signing marks an important milestone for ONYX Hospitality Group as it expands its Shama brand and launches the Shama Luxe brand into the luxury serviced apartment market. Inspired by the opulent style of the Knightsbridge area in London, Shama Luxe Sukhumvit offers 52 refined spaces, ranging from the contemporary and spacious One- and Two-Bedroom Suites to the esteemed Two Bedroom Walton Suites. Each re...
Crescent Hotels & Resorts Adds Shangri-La Resort & Marina to the Latitudes Portfolio
Crescent Hotels & Resorts | May 2, 2023
Monkey Island, OK (May 2, 2023) – Crescent Hotels & Resorts announced the addition of the Shangri-La Resort & Marina to its Latitudes: Lifestyles by Crescent collection. Located in Northeast Oklahoma at the tip of Monkey Island on the shores of the spectacular Grand Lake, Shangri-La is the jewel of the lake, awarded “Outstanding Attraction in Oklahoma” by the Oklahoma Travel Industry. Positioned on approximately 1,300 miles of shoreline, the Shangri-La Resort & Marina is recognized as the only full-service resort complex on northeastern Oklahoma's Grand Lake O' The Cherokees. The lakeside getaway features 119 room...
Meyer Jabara Hotels Adds Top Performing Holiday Inn Express Aiken to Its Growing Portfolio
Meyer Jabara Hotels | April 25, 2023
Deal marks the fourth IHG brand managed by MJH and its third hotel in South Carolina [Danbury, Conn., April 25, 2023] — Meyer Jabara Hotels has been selected by Miami-based Pappas Hotels to manage the 95-room Holiday Inn Express & Suites in Aiken, S.C. The limited-service hotel without food and beverage is a top performer in the IHG portfolio. This deal marks the fourth Holiday Inn Express to be managed by MJH and its third hotel in South Carolina. “The time finally came to buy a new hotel, and I knew it needed a professional management team to keep it operating at peak performance,” said Dean Pappas, president of Pappas Hote...
Pivot Tapped by Kushner Companies to Manage Wave Resort and The Bungalow on the Jersey Shore
Pivot | April 13, 2023
ATLANTA (April 13, 2023) – Pivot, the lifestyle operating vertical of Davidson Hospitality Group, has been selected by Kushner Companies to operate the Wave Resort and The Bungalow. Situated in the heart of Pier Village in Long Branch, New Jersey along the iconic boardwalk, the 67-room Wave Resort features an oceanfront pool deck; Wave Resort Spa and fitness center; 7,000 square feet of event space, and three distinct dining experiences. Also located in Pier Village, The Bungalow is comprised of 24 rooms and fully equipped suites with kitchenettes; an art gallery featuring work from local artists; 1,000 square feet of event space and a uni...
Accor to Debut Mantis Collection in Madagascar With Rebranded Hotel & Spa on Sainte Marie Island
Accor | April 12, 2023
PARIS, April 12, 2023 - Accor, a world-leading hospitality group, today announced plans to open Mantis Soanambo Hotel & Spa on Nosy Boraha (Ile Sainte-Marie) in Madagascar. The Mantis Collection, part of Accor, is a leading conservation-led hospitality company renowned for its commitment to preserving its surrounding communities, wildlife and the environment – and its arrival marks the first international hospitality brand in Nosy Boraha. The 48-room oceanfront hotel plans to re-open to guests in May 2023, flying the Mantis flag. Accor is partnering with the hotel's owner to bring the unique hospitality experience of Mantis h...
EOS Hospitality Selected by Key International to Manage The Perry Hotel
EOS Hospitality | April 10, 2023
New York, NY (April 10, 2023) – EOS Hospitality, a full-service hotel management company that specializes in operating luxury urban hotels and beach resorts in drive-to destinations, announces it has been selected to manage The Perry Hotel on the waterfront in Key West, Florida. The hotel was recently purchased by Key International, a leading real estate development and investment firm. “We feel honored to partner with Key International and further grow our portfolio in the Florida Keys market by managing The Perry Hotel,” said Mark Keiser, Chief Development Officer of EOS Hospitality. “With the addition of The Perry, EOS now mana...
Olympia Hotel Management to Operate Sun & Ski Inn and Suites in Stowe, Vermont
Olympia Hotel Management | April 6, 2023
April 6, 2023. Stowe, VT. Olympia Hotel Management has announced that it has been selected to operate Sun & Ski Inn and Suites in historic Stowe, Vermont, the state’s premier four-season destination. The 39-room hotel, which features Stowe Bowl and Stowe Golf Park, caters to families and guests with an active lifestyle. Bordering the West Branch Little River, it has an enviable location midway between historic Stowe Village and Stowe Mountain Resort. The property is co-owned by Mark and Rachel Vandenberg, as well as Michael and Debi Diender, Rachel’s parents. The Dienders have a lengthy history in Stowe. They previously owned Grey...
Olympia Hotel Management to Operate Inn on Boltwood at Amherst College
Olympia Hotel Management | April 5, 2023
April 5, 2023. Amherst, MA. Olympia Hotel Management has announced that it has been selected to operate Inn on Boltwood in Amherst, Mass. Owned by Amherst College, Inn on Boltwood has welcomed guests to Amherst and the Pioneer Valley since 1926. The stately and traditional inn features 49 stylish guest rooms and suites, each with a unique design, as well as 8,000 square feet of meeting, event, and wedding space, including a ballroom and conference facilities. The Inn includes 30Boltwood, a full-service farm-to-table restaurant serving meals fireside or alfresco on the terrace, with a vibrant bar scene offering a menu of craft cocktails. ...
Rosewood Hotels & Resorts Selected to Operate Rosewood Amaala in the Red Sea Region of The Kingdom of Saudi Arabia
Rosewood Hotels & Resorts | April 5, 2023
Rosewood Hotels & Resorts®, a global leader in luxury travel and lifestyle experiences, has been selected by Red Sea Global, a responsible multi-project developer, to manage Rosewood Amaala in one of the world’s most pristine environments, the Red Sea Region of The Kingdom of Saudi Arabia. An area considered to be at the center of the world’s most ambitious regenerative tourism projects, the Red Sea is situated along the country’s west coast and is home to some of the most diverse and delicate natural environments. Rosewood Amaala will be part of Red Sea Global’s Amaala destination, an integrated wellness haven. Rosewood Hote...
Rocco Forte Hotels to Operate Former Hotel Le Palme in Porto Cervo, Costa Smeralda
Sixth Street | April 4, 2023
London, April 4th, 2023 - Sixth Street and Rocco Forte Hotels are pleased to announce that Rocco Forte Hotels will operate a new luxury resort in Porto Cervo, Costa Smeralda. The new resort is jointly developed with Eidos Hotel Capital Partners acting as an operating partner and asset manager for Sixth Street, which acquired the property in January 2022. Formerly known as Hotel Le Palme, the resort is located in Liscia di Vacca, Porto Cervo, on what is known as Costa Smeralda. Patrizia Pozzi and Efisio Onali designed the resort landscape and architectural concept, while Patricia Urquiola has been appointed to the interior desi...
Driftwood Hospitality Management Adds Wylie Hotel to Portfolio
Wylie Hotel | March 31, 2023
ATLANTA (March 31, 2023) – Wylie Hotel, the historic boutique hotel located in the Old Historic Fourth Ward neighborhood, is now operated by Driftwood Hospitality Management. Based out of North Palm Beach, Florida with decades of hospitality experience and a strategic focus on hotel and resort acquisitions, Wylie Hotel will join over 80 other properties that Driftwood manages across the United States. Additionally, the boutique hotel will transition to a Tapestry Collection by Hilton. Tapestry Collection by Hilton shows off an upscale portfolio of more than 100 hotels that offer unique style and vibrant personality. Each handpicked Tapes...