Niki Leondakis on Boutique Brands & Commune’s New Projects
There are more players in the boutique and lifestyle space than ever before, but Commune Hotels and Resorts CEO Niki Leondakis sees competition as...
How Kemmons Wilson Transformed Lodging
On August 17, 1968, Kemmons Wilson, the founder of Holiday Inn, opened the chain’s 1,000th location in San Antonio, Texas. In the 16 years...
Accor’s Sébastien Bazin Makes Moves to Ensure Growth
Accor has been growing at a fast clip since former Colony Capital executive Sébastien Bazin took over as CEO in August 2013. First, the...
Regular Reinvention Makes Apple Core Hotels Stand Out
When Vijay Dandapani looks at his forecast for 2015, he sees room rates staying flat as a prairie. Operating in the hottest hotel market...
IHG CEO Richard Solomons on Kimpton Deal and More
Now that InterContinental Hotels Group has completed its $430 million acquisition of Kimpton Hotels & Restaurants, industry members and brand loyalists are eager to...
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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,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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