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Author Archives: Sean Downey

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La Quinta Makes Bold Plans for 2016

La Quinta Makes Bold Plans for 2016

Coming off of a decidedly mixed 2015 that included a 25.6 percent drop in its stock price (year-over-year) and the departure of longtime CEO Wayne Goldberg in September, La Quinta focused on the bright side at its annual conference in ...

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The Rising Cost of Money

The Rising Cost of Money

Troubling events in the global economy—stock market volatility, weak growth in China, and plunging oil prices, among others—coupled with a moderate slowdown in industry growth, have hoteliers more cautious regarding new business opportunities. However, hiccups in the global economy do ...

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Startup Investing Offers More Than Dumb Money

Startup Investing Offers More Than Dumb Money

As managing director of Thayer Ventures, a venture capital firm focused on hospitality technology and backed by one of the Thayer Lodging Group funds, Chris Hemmeter has seen hundreds of startups come and go. He’s laser-focused on staying ahead of ...

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Inside Thayer’s Investment Success

Inside Thayer’s Investment Success

Leland Pillsbury is a man in motion. One day he’s flying his jet to State College, Pennsylvania, to give a lecture on embracing disruption at the Penn State School of Hospitality Management, and the next he’s jumping on the phone ...

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IHG Reveals New Holiday Inn Guestroom Design

IHG Reveals New Holiday Inn Guestroom Design

InterContinental Hotels Group launched a new Holiday Inn guestroom design at its owners conference in San Francisco last week. The new H4 design marries homey areas with flexible work spaces, movable seating, and more than five dedicated points of power ...

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