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
Benchmark Pyramid Adds Legacy Lodge to Third-Party Hotel Management Portfolio
Benchmark Pyramid | May 4, 2022
BOSTON, May 4, 2022—Benchmark Pyramid today announced the company added the 283-room Legacy Lodge in Lanier Islands, Ga., to its growing third-party hotel management portfolio. Nestled less than an hour’s drive from Atlanta on Georgia’s 1,200 acre Lanier Islands, the resort property is surrounded by marinas and water activities, rolling golf courses and the blue waters of Lake Lanier. Guests may enjoy the hotel’s heated saltwater lounging pool, state-of-the-art business center, more than 38,000 square feet of flexible meeting space and 24/7 fitness center. For entertainment of kids of all ages, the hotel also provides a Family En...
Cycas Hospitality Secures Three Hotel Deals Across Three European Countries
Cycas Hospitality | May 3, 2022
Cycas Hospitality‘s growth momentum continues, following the signing of three hotel management agreements across Denmark, France and the UK. The ibis Styles Copenhagen Ørestad becomes the hotel operator’s first Danish property as well as Accor’s first hotel in Denmark. Part of Cycas’s strategic partnership with Borealis Hotel Group, the 186-room hotel is expected to open in December 2022 in Copenhagen’s popular Ørestad neighbourhood and forms part of the mixed-use Nest45 project, incorporating offices and small businesses. The new-build hotel is expected to help meet the area’s growing demand from business travellers, than...
Advent International and GHL Hotels Agree to Form a Partnership to Accelerate GHL’s Growth in Latin America
GHL Hotels | May 3, 2022
BOGOTÁ, May 3, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, and GHL Hotels (“GHL”), one of the largest third-party hotel operator in the region, part of GHL Group, today announced that they have agreed to enter into a partnership, whereby Advent will invest in GHL and support its expansion across Latin America. The partnership will strengthen GHL’s financial position to accelerate growth through new operating contracts, additional investments in hotels and acquisitions of other third-party hotel operators. Jorge Londoño, Co-Founder and CEO of GHL, said, “T...
Choice Hotels Awards Two MainStay Suites Franchise Agreements to Gulf Coast Hotel Management
MainStay Suites | April 29, 2022
ROCKVILLE, Md., April 29, 2022 - Choice Hotels International, Inc. (NYSE: CHH) has awarded two MainStay Suites franchise agreements to longtime Choice franchisee and multi-unit developer Gulf Coast Hotel Management, Inc. The latest signings add to Gulf Coasts' growing portfolio of extended stay properties, which now total 39 hotels and make them the largest privately owned extended stay franchisee in the Choice system. The two recently converted hotels are located in Wichita, KS and Overland Park, KS, furthering the brand's foothold in the midscale extended stay segment. "Nationwide, there is far more demand for extended stay prop...
Olympia Hotel Management to Operate The Revolution Hotel in Boston
Olympia Hotel Management | April 28, 2022
April 28, 2022. Boston, MA - Olympia Hotel Management (OHM) has announced that it has been chosen to operate The Revolution Hotel in Boston. Located in the city’s vibrant South End, the hotel is minutes away from Copley Square, Newbury Street Shopping and the elegant Public Garden in Back Bay. The Revolution Hotel opened in 2018 and since then has redefined the concept of a stylish and remarkably affordable boutique property in the city. It’s an eclectic, art-filled space aimed at urbanites who come to stay, but also to meet, work, dine and socialize. “As a New England-based hospitality company, we’re thrilled to add a Boston hot...
CoralTree Hospitality to Manage Four Additional Tavistock Hotels in Lake Nona, Orlando, Florida
CoralTree Hospitality | April 28, 2022
DENVER – April 28, 2022 – Tom Luersen, president of CoralTree Hospitality, today announced that the company is expanding its portfolio with Tavistock Development Company after the successful launch of the Lake Nona Wave Hotel, which opened in December 2021. CoralTree now also manages four of the development company’s Marriott branded properties in Lake Nona including a Courtyard, Residence Inn, SpringHill Suites and a new Aloft Hotel, which is scheduled to open in the fall of 2023. “It’s a great compliment when owners choose to expand their partnership with us,” said Luersen. “We’ve had a great relationship with Tavistock t...
Using Soft Metrics to Guide Hotel Operations
Larry and Adam Mogelonsky | April 27, 2022
By Larry and Adam Mogelonsky There are some classic metrics that hotels use to benchmark performance – namely, RevPAR and ADR. If you’ve been reading our column, you’ll know that we are in favor of developing thoroughly connected tech stacks that will allow hotels to measure TRevPAR – total revenue per guest – in order to guide business intelligence and make better decisions about which customers to target. But with more granular operational data tied in, hotels can perhaps measure even more. These might be called ‘soft data’ or ‘soft metrics’ in years past, but now our industry’s systems are becoming advanced enough...
Benchmark Pyramid Adds 126-Room Hotel 83 to Its Third-Party Management Portfolio
Benchmark Pyramid | April 27, 2022
Former Origin Hotel Raleigh to Begin Conversion to Marriott Tribute Portfolio Hotel Raleigh, N.C., April 27, 2022—Benchmark Pyramid today announced the company has assumed management of the 126-room Hotel 83 in Raleigh, N.C. Benchmark Pyramid also will oversee the conversion of the Hotel 83 (a former Origin Hotel) to a Tribute Portfolio Hotel, Marriott’s upscale collection brand of independent, boutique hotels. The conversion process is expected to be completed by late Summer. Located at the intersection of the Warehouse and Glenwood South districts in downtown Raleigh, the seven-story hotel is within walking distance of the North...
Maverick Hotels and Restaurants Adds Three Chicago Properties to Portfolio
Maverick Hotels & Restaurants | April 26, 2022
Hilton Prairie Lakes Resort joins Hampton Inn & Suites by Hilton Medical District and Holiday Inn Chicago Elk Grove to accelerate the company’s growth Chicago, Illinois, April 25, 2022 – Maverick Hotels and Restaurants announced today that it has augmented the company’s expanding portfolio with the addition of three hotels in the metropolitan Chicago market. Robert Habeeb, Founder and CEO of Maverick made the announcement. The Prairie Lakes Resort is a distinctive property located just 28 miles from downtown Chicago and 30 minutes from O’Hare International Airport. Featuring soaring Frank Lloyd Wright inspired architectur...
Avion Hospitality Awarded Management of Five Hotels by Texas-Based Family Office Founder and Entrepreneur, Mac Haik
Avion Hospitality | April 26, 2022
DALLAS, TX (April 25, 2022) - Avion Hospitality, a third-party hotel management company, announces it has been awarded the management contract for five Texas hotels. The properties are owned by Haik’s parent company, Mac Haik Enterprises, LTD. “Choosing to partner and place our trust in Avion Hospitality as our hotel management company was an easy decision,” said Mac Haik, Chairman and CEO of Mac Haik Enterprises. “Avion devotes attentive oversight and a team of hospitality experts with deep knowledge and experience. Unquestionably, Avion will return exceptional results for our hotels.” The assets are a combination of Hilton and...
Crescent Hotels & Resorts Adds Aloft Mountain View to Latitudes Collection
Crescent Hotels & Resorts | April 25, 2022
Mountain View, CA (April 25, 2022) – Aloft Mountain View, perched above Silicon Valley near Google’s headquarters, has joined Crescent Hotels and Resorts’ portfolio of exquisite boutique hotels and resorts. The property – formerly a Hilton Garden Inn – underwent an extensive renovation to re-emerge as this “next generation Aloft hotel.” Open in space and spirit, the Aloft Mountain View aims to attract the energetic business traveler by providing a vibrant home base of operations that offers opportunities to rest, recharge, refuel and reinvigorate. With purposeful, vibrant décor, the hotel embodies the tech-savvy energy and i...
OTO Development Rebrands DoubleTree Cocoa Beach as Hilton Garden Inn
OTO Development | April 21, 2022
SPARTANBURG, SOUTH CAROLINA (Thursday, April 21, 2022) — The “newest” hotel in Cocoa Beach, Florida, enjoys a long history of welcoming visitors to the Space Coast. The city’s DoubleTree by Hilton — originally built in 1987 and extensively renovated in June 2021 — is rebranding as Hilton Garden Inn Cocoa Beach Oceanfront. The transition, official as of April 20, 2022, has been in the works since OTO Development acquired the property last September. South Carolina-based OTO, which is part of The Johnson Group, develops, owns and operates approximately 65 hotels across the country. “Like many travelers, we love the Hilton...
Benchmark Pyramid Assumes Management of 142-Room Cambria Hotel Pittsburgh – Downtown
Benchmark Pyramid | April 21, 2022
PITTSBURGH, Pa., April 21, 2022—Benchmark Pyramid today announced the company has taken over operations of the 142-room Cambria Hotel Pittsburgh - Downtown. In the seven months since the merger was finalized, Benchmark Pyramid has added 31 hotels to its portfolio of third-party operated hotels in the U.S. Situated in Pittsburgh’s business district at 1320 Centre Ave., the hotel is located adjacent to PPG Paints Arena, home of the NHL Penguins, and a short distance from Carnegie Museum of Art and Science Center, the Andy Warhol Museum, Sandcastle Water Park, PNC Park, Heinz Field and Rivers Casino. The Cambria recently completed a mul...
Castlerock Asset Management Achieves Enhanced Performance Forecasting Capabilities With ProfitSword Business Intelligence Technology
ProfitSword | April 21, 2022
Hospitality real estate development and asset management enterprise leverages ProfitSword partnership for seamless access to real-time business analytics, ensuring both swift and informed decision-making abilities that lead to sustainable company growth. Nashville, Tenn. – (April 21, 2022) – ProfitSword, a premier hospitality business intelligence and data integration platform, has today announced the adoption of its industry-leading budgeting and performance forecasting technology by Castlerock Asset Management. Specializing in the development and management of distinctive hospitality-based properties, Castlerock Asset Management with...
Douglas Development Selects TPG Hotels, Resorts & Marinas to Manage the Kimpton Hotel Monaco Baltimore in Maryland
TPG Hotels, Resorts & Marinas | April 19, 2022
Providence, RI – TPG Hotels, Resorts & Marinas, one of the nation’s premier third-party hospitality management firms, announced today it was selected to manage the Kimpton Hotel Monaco Baltimore, located at the intersection of St. Charles Street and West Baltimore Street in the Inner Harbor section of Baltimore, Maryland. The 202-room, full-service property boasts over 10,000 square feet of meeting space and the B&O American Brasserie Restaurant. “Downtown Baltimore has recently experienced substantive changes in the lodging inventory in the wake of the pandemic,” states Mike Marshall, President and Chief Operating Officer...
Salamander Hotels & Resorts to Manage Iconic Aurora Anguilla Resort
Aurora Anguilla Resort & Golf Club | April 18, 2022
RENDEZVOUS BAY, ANGUILLA, BRITISH WEST INDIES – April 18, 2022 – Renowned Businessman Richard M. Schulze, the founder of Best Buy (NYSE: BBY), today selected Salamander Hotels & Resorts to manage Aurora Anguilla Resort & Golf Club. Set on the idyllic white beaches of Rendezvous Bay, the 300-acre property (formerly Cuisinart Resort) was purchased by Schulze in 2020 and has since undergone a multimillion-dollar renovation which has created a Caribbean paradise that is elegant, refined and playful. The 178-suite resort offers a collection of world-class amenities, including seven restaurants and lounges, a 27,000-square-foot spa, an...
JL Capital Selects Highgate to Manage New Renaissance Hotel & Residences in Hawaii
Highgate | April 13, 2022
HONOLULU, HI - April 13, 2022 - JL Capital, a Honolulu-based real estate and private equity firm, has selected Highgate, a leading hospitality investment and management company, to manage the new Renaissance Honolulu Hotel at Sky Ala Moana. The twin-tower hotel and condominium development is currently under construction on Kapiolani Boulevard near Ala Moana Center in central Honolulu. The 39-story hotel tower will add 187 new rooms and suites to the island destination and will be topped by Marriott's Renaissance Residences. The condotel will offer a restaurant, bar and an eighth floor Sky Terrace with two swimming pools, men's and wome...
Stayntouch Partners With Main Street Hospitality, Deploys Intuitive Cloud PMS Across Seven Properties in New England
Stayntouch | April 13, 2022
PMS’ intuitive user interface delivers easy scalability and an enhanced guest experience for luxury boutique properties BETHESDA, MD — April 13, 2022 — Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, today announced a partnership with Main Street Hospitality, a Massachusetts-based boutique hotel management group, delivering its flagship mobile PMS across seven properties in the New England area. Main Street Hospitality serves some of the leading luxury boutique destinations across New England. While focusing on boutique properties that promote tourism, sustainability, and c...
Everwood Hospitality Partners Assumes Management of the Troubadour Hotel New Orleans, Tapestry Collection by Hilton
EVERWOOD HOSPITALITY PARTNERS | April 12, 2022
NEW ORLEANS, LA — April 12, 2022 —Officials of Everwood Hospitality Partners (EHP), a leading hotel owner/operator with a growing portfolio of lifestyle, full- and select-service hotels nationwide, today announced the company has assumed management of the 184-room Troubadour Hotel New Orleans, Tapestry Collection by Hilton. “As the Troubadour Hotel New Orleans enters the final stage of its $1.5 million renovation, the hotel has achieved a ‘like-new’ status that will attract area business and leisure travelers,” said Amit Patel, managing principal and chief operating officer, Everwood Hospitality Partners. “With its ...
Valor Hospitality to Manage The Dunluce Lodge Opening in 2023
VALOR HOSPITALITY PARTNERS | April 11, 2022
ATLANTA, GA – April 11, 2022 – Valor Hospitality Partners, a global, full-service hotel acquisition, development, management and asset management company announced they have been appointed to managing The Dunluce Lodge, a new build 35 room, five-star luxury hotel and spa. The hotel will be built overlooking the famous 4th fairway at Royal Portrush Golf Club in Northern Ireland, with views of Portrush town, Donegal headlands and islands known as The Skerries. The nine-acre site which originally was privately owned, is due to open in 2023 and has received both political and local support, as well as backing from 2011 Open Championshi...
Benchmark Pyramid Assumes Management of Riverhouse on the Deschutes in Bend, Oregon
Benchmark Pyramid | April 11, 2022
Bend, Oregon hotel an iconic addition to Benchmark Pyramid’s growing global portfolio BOSTON and THE WOODLANDS, Texas – April 11, 2022 – Global hospitality company Benchmark Pyramid, has assumed management of Riverhouse on the Deschutes, a distinctive riverfront hotel on the Deschutes River in Bend, Oregon. “We are delighted to expand our portfolio of experiential resorts and hotels to the state of Oregon and Bend’s spectacular setting,” said Benchmark Pyramid President Alex Cabañas. “Riverhouse on the Deschutes offers the quintessential Central Oregon experience, with topnotch LEED Silver-certified conference faciliti...
Centara Signs With Chiangmai Riverside Plaza Hotel Co. to Manage Centara Riverside Hotel Chiang Mai
Centara Hotels & Resorts | April 6, 2022
Bangkok, Thailand – April 6, 2022 – Centara Hotels & Resorts, Thailand’s leading hotel operator and Chiangmai Riverside Plaza Hotel Co., Ltd. announce the signing of a Hotel Management Agreement (HMA) for Centara Riverside Hotel Chiang Mai. Senior management teams from the two companies officially executed the agreement at a signing ceremony held at Centara Grand at CentralWorld recently. The latest signing is the first following the announcement by Centara of its bold expansion plans, which will help the group reach its goal of becoming a top 100 global hotel operator within five years. Located next to Ping River close t...
Ithaka Hospitality Partners to Manage the Tony & Libba Rane Culinary Science Center
Ithaka Hospitality Partners | April 5, 2022
AUBURN, AL – April 5, 2022 – Ithaka Hospitality Partners is proud to announce its designation as the management company for the Tony & Libba Rane Culinary Science Center opening at Auburn University later this year. The Tony & Libba Rane Culinary Science Center (RCSC) will serve as the new cutting-edge, state-of-the-art home to the College of Human Sciences’ esteemed Hospitality Management Program at Auburn University. Once complete, the Center will feature numerous experiential learning spaces where students can obtain meaningful, hands-on learning opportunities to prepare them to be leaders in the hospitality industry. ...
Remington Hotels Assumes Management of Sky Rock Sedona
Remington Hotels | March 31, 2022
Dallas, TX — March 31, 2022 — Remington Hotels, a dynamic and growing hotel management company, today announces its management agreement for Sky Rock Sedona. The hotel marks the first property Remington Hotels will be managing in Sedona, Arizona. Guests of Sky Rock Sedona are greeted with a spacious, comfortable, and relaxing space to stay in while visiting Sedona. The hotel’s 109 guestrooms are intimately nestled into the landscape, allowing guests to embrace their scenic surroundings. Many rooms walk out to a spectacular, shared communal terrace with striking views perfect for coffee at sunrise, happy hour at sunset, or moonlit yoga...