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Lindsey Ueberroth on Preferred Hotel Group Rebrand

Over the last decade, Preferred Hotel Group, a global collection of 650 independent luxury properties, has grown by adding brands to its portfolio to satisfy evolving customer demands. As major hotel chains creep into the soft branding space, the company realized it had to become a stronger consumer-facing brand in order to stay competitive in the market. That’s why...

Preferred Hotel Group Announces Second Quarter Results

CHICAGO –Preferred Hotel Group, a global provider of sales, marketing, and distribution services to independent luxury hotels, today announced second quarter results. Over the past three months, the company generated a 23 percent increase in reservations revenue, an 18 percent increase in room nights, and a 20 percent increase in bookings for its member hotels, compared to the same...

Preferred Hotel Group in a Prime Position to Grow

In February, Preferred Hotel Group announced the promotion of Lindsey Ueberroth, 38, to CEO. The move is part of a carefully planned and anticipated succession of leadership as the independent hotel company enters its 10th year of private ownership by the Ueberroth family. In 2013, Preferred generated $834 million in revenue on behalf of member hotels—an increase of 14...

SoTHERLY Hotels Acquires Georgian Terrace Hotel

WILLIAMSBURG, Va.—SoTHERLY Hotels Inc. has acquired the Georgian Terrace Hotel, an adjacent 698-space parking structure, and a 0.6 acre development parcel for $61 million. The 326-room independent, full-service hotel is located in Atlanta, Ga.’s revitalized Midtown business district. The hotel will be managed by Chesapeake Hospitality. As a part of the transaction, the company closed on a $41.5 million loan...

Lindsey Ueberroth Named CEO of Preferred Hotel Group

CHICAGO—Preferred Hotel Group announced the promotion of Lindsey Ueberroth to chief executive officer. She will continue to serve in her role as president. The move is part of a carefully planned and anticipated succession of leadership as the company enters its 10th year of private ownership by the Ueberroth Family. The announcement was made by John Ueberroth, who will...