Accor Implements Amadeus’ Central Reservation System Globally
Amadeus and Accor expanded their strategic partnership, with Accor implementing Amadeus’ Central Reservation System (ACRS) for its portfolio of properties globally. Amadeus’ cl
Hard Rock International Details Development Plans for Scottsdale Property
SCOTTSDALE, Arizona—Hard Rock International announced development plans for REVERB by Hard Rock Scottsdale, a music-themed hospitality experience with entertainment and outdoor s
Smith Hill Capital and Bain Capital Share Financing for Four Hotels
NEW YORK—Smith Hill Capital and Bain Capital Special Situations announced the closing of an approximately $111 million first mortgage loan secured by a portfolio of four hotel pr
Aimbridge Hospitality Names William Davenport Chief Financial Officer
PLANO, Texas—Aimbridge Hospitality announced William Davenport as its new chief financial officer, effective July 8. Davenport will sit on the organization’s executive leadersh
Chatham Lodging Trust Acquires Home2 Suites by Hilton Phoenix Downtown
WEST PALM BEACH, Florida—Chatham Lodging Trust announced that the company has acquired the recently opened, 148-room Home2 Suites by Hilton Phoenix Downtown for $43.3 million or
NYU Conference Panelists Discuss Why and How to Go Green
Among the many topical sessions at the 46th Annual NYU International Hospitality Industry Investment Conference was “Return on Sustainability: What Is the Value of Integrating ES
Marriott to Convert Three U.S. Properties to Branded Hotels
Marriott International, Inc. announced plans to convert three luxury properties in the United States to brands within the Marriott Bonvoy portfolio. The Resort at Pelican Hill, Tur
Hyatt Pipeline Grows 85 Percent Since 2017, Reaches 129,000 Rooms
CHICAGO—Hyatt Hotels Corporation reported its pipeline has grown by nearly 85 percent since 2017, reaching a record 129,000 rooms. Hyatt’s commitment to creating the preferred
Raines Adds 16 Properties in Joint Venture With Atlantic Hotels Group
FLORENCE, South Carolina—Raines entered a joint venture with Atlantic Hotels Group that adds 16 properties to Raines’ management portfolio and expands the company’s operation
46th NYU Hospitality Conference Opening Talks Highlight Labor Challenges and Opportunities
Convening at the Marriott Marquis in New York City, the 46th Annual NYU International Hospitality Industry Investment Conference is themed “Driving Alpha” to express a positive
