Seven Ways Hoteliers Can Foster Better Partnerships With Meeting Planners
Category: Meetings & Events, Operations
The meetings and events business continues to draw visitors from around the world to the most desired destinations. The path back seems smoother than ever for hoteliers who are getting their groove back. Indeed, the meetings industry continues to be an essential revenue driver for increasing profitability for hotels of almost any size. For meeting planners, however, the story may be a little different. As businesses turn to meeting planners to ensure their events are
DiamondRock Hospitality Company announced leadership changes and a simplified organizational structure to drive continued business momentum: Jeffrey Donnelly, previously executive vice president and chief financial officer, has been appointed chief executive officer. Donnelly is expected to join the company’s Board of Directors after the 2024 Annual Meeting of Stockholders, which will be held in May. He succeeds Mark Brugger, who, after 20 years of service, is departing the company. Briony Quinn, previously senior vice president and
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its portfolio in Europe portfolio through hotel conversions and adaptive reuse projects by the end of 2026. The anticipated hotels represent more than 40 percent of the company’s European development pipeline expected to open during that period. The growth plans are expected to strengthen the company’s footprint across Europe, where it currently
Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership
Category: Featured, People, Success Stories
When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just getting their start and consequently were of little help. Nevertheless, armed with a strong financial background and an intense desire to get out on his own, Fearn firmly established Integrated Capital, which gave him the ability to “call his own shot.” Integrated Capital—a Santa Monica, California-based private equity investment firm with
TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution. The integration combines Cvent’s room block management tools with Maestro’s solutions that hotel operators leverage to manage more operations. Together, these technologies give hoteliers with real-time room block data to make accurate inventory and pricing decisions while driving engagement with planners and attendees via direct room booking and upgrade options. For
