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Lodging Econometrics: U.S. Pipeline Growth Accelerates

Lodging Econometrics: U.S. Pipeline Growth Accelerates

With 3,645 projects/460,551 rooms, the 2014 total U.S. construction pipeline stands at its highest level in six years, Lodging Econometrics reports. After a three-year bottoming formation, the pipeline has now posted five consecutive quarters of double-digit year-over-year (YOY) growth. In ...

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The Setai Miami Beach Announces New Ownership

The Setai Miami Beach Announces New Ownership

Miami Beach, Fla.—The Setai Miami Beach has announced new ownership by Nakash Holdings and the von Furstenberg family. Nakash Holdings is a privately held investment company controlled by the founders of Jordache Enterprises, of designer jeans fame. Financier Alex von ...

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Mandarin Oriental Confirms Credit Card Breach

Mandarin Oriental Confirms Credit Card Breach

Mandarin Oriental has confirmed that the credit card systems in an isolated number of its hotels in the United States and Europe have been accessed without authorization, according to a company statement. None of the company’s hotels in Asia were ...

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Carlson CEO Trudy Rautio Retires

Carlson CEO Trudy Rautio Retires

Carlson today announced that Trudy Rautio, president and CEO, will retire from the company after 18 years of service. During Rautio’s tenure as Carlson CEO, the company launched two new hotel brands (Radisson Red and Quorvus Collection), sold the TGI ...

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Wyndham Vacation Ownership Names Chief Hospitality Officer

Wyndham Vacation Ownership Names Chief Hospitality Officer

ORLANDO—Wyndham Vacation Ownership (WVO) has announced the appointment of Mark Johnson as chief hospitality officer. Johnson, who has 11 years tenure with WVO, joins the company’s executive leadership team. In this newly created position, Johnson will lead WVO’s hospitality division ...

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