As a college student, Expotel Hospitality President and Chief Development Officer Michael Nixon was considering different careers—medicine, law, and especially, espionage—while working summers at a hotel. Describing his journey from his college days, he told LODGING, “I had majored in the Russian language and minored in international affairs, with thoughts of joining the CIA or the NSA, that is, until I factored in the starting salary.” With a young family to consider and years of
MCR Completes Sale of Residence Inn by Marriott Philadelphia Langhorne
Category: Finance & Development, Real Estate
NEW YORK—MCR announced it has completed the sale of the 100-room Residence Inn by Marriott Philadelphia Langhorne located in Langhorne, Pennsylvania for $22.1 million, or $221,000 per key. Since the beginning of 2023, MCR has completed a series of dispositions totaling seven hotels for gross proceeds of $174 million, or $210,000 per key. By completing its business plan, MCR doubled the hotel’s net operating income throughout its ownership. The firm purchased the hotel for $13.2
WASHINGTON—The American Hotel & Lodging Association announced five promotions among its leadership team. Matt Carrier was promoted to senior vice president of federal affairs, policy, and research. In this role, Carrier will lead AHLA’s federal advocacy team, with a focus on congressional engagement and regulatory issues. Additionally, he will continue to oversee the association’s industry research efforts. Carrier joined AHLA in early 2020 having previously spent nearly a decade working in the hotel industry, most
Moxy Halifax Downtown Opens, Brand’s First Canadian Hotel
Category: Development, Finance & Development, Openings
Moxy Hotels announced the opening of Moxy Halifax Downtown, marking the brand’s debut in Canada. Located in Halifax, a coastal city in Atlantic Canada, the 160-room hotel is accessible to Halifax’s downtown and near a mix of shopping, spas, galleries, parks, concert venues, and sporting attractions. “As we continue to grow our global portfolio, introducing the spirited Moxy brand to Canada with the opening of Moxy Halifax Downtown is a milestone we are excited to
PARSIPPANY, New Jersey—Wyndham and Groups360 announced the rollout of GroupSync Marketplace across 5,600 Wyndham hotels for group bookings. The shift is a change not just for traditional travel planners (meetings, weddings, and events) but also those in infrastructure-centric fields like construction and logistics, whose crews need to spend weeks if not months on the job, sometimes with a short 24-hour notice. Through GroupSync, travel planners and managers can browse real-time rates and availability at participating