Branching Out: CoralTree President Tom Luersen’s Journey From Cutting Grass to Cutting Deals and...
Like many in the hospitality business, CoralTree Hospitality Group President Tom Luersen grew up in the industry. In his case, that formative experience was...
How the Development Partners Behind NoMad and Ace Hotel Work
Mulberry Construction and Development CEO Michael Buono and partner Robert Lavecchia are the people behind some of the hospitality industry’s most distinctive hotspots and...
This Week’s Comings & Goings
Kerry V. Ranson has been promoted to chief executive officer of HP Hotels; Ranson was previously chief development officer. In this position, Ranson is...
4Q4: John Hardy, John Hardy Group
John Hardy started his eponymous property services company in 1992 to provide development, management, and design expertise to hotel owners and investors. He comes...
CrediVia CEO Anuj Mittal on Hotel Lending in the Current Cycle
As the hotel industry faces the possibility of a slowdown in the near future, lenders are shifting what they’re looking for in applicants for...
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This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
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