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Peter Strebel named RateGain Americas president

Hotel Business

He also played an instrumental role in creating and driving innovative branding, communications, marketing and business development strategies to increase awareness, capture market share and build revenue for the luxury hotel brand.

Scale 98
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Nicole Di Maio-Kennedy joins EOS Hospitality

Hotel Business

In this role, she will spearhead the company’s revenue management strategies, driving profitability and market share growth across EOS’ portfolio. The company currently operates more than 50 hotels and resorts, totaling more than 7,000 keys across the U.S.

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The Urge to Merge: Why The Hospitality Sector Needs a Prenup

Hotelier Magazine

In hospitality, brand acquisition and partnerships are driven by factors such as the hotels’ desire for rapid and significant growth or the capital markets’ rewards for delivering at scale. Compared to other sectors, however, the industry is still highly fragmented, without a single brand having significant global market share.

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Five predictions for 2023

Hotel Business

We expect it will continue to be a main driver in the market heading into 2023, particularly as demand for these accommodations soars and labor remains expensive and in short supply. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. segments combined.

Services 116
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Key appointments: Marriott, Hilton, Pro-invest and more

Hotel Management

In the newly created dual role, Svensson will take charge of operations at W Melbourne whilst also having oversight of all of Marriott’s luxury properties in Australia, including under the The Ritz-Carlton and W Hotel brands. Neerav Gorasia has been promoted to Director Hotel Performance for Pro-invest Hotels.

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HVMG reports record 2022 results

Hotel Business

HVMG outpaced the industry in RevPAR growth during 2022, as same-store market share grew 6.9%, capping off the company’s eighth straight year of positive consolidated Index growth, the company reports. That outperformance has continued into 2023 with same-store RevPAR growth forecasted to increase 30% over 2022 in the first quarter.

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IHG to launch new midscale brand; reports H1 results

Hotel Business

Conversions represent a major growth opportunity for us, generating around 40% of first-half openings and signings globally, and we see an increasing desire from owners to quickly realize the benefits of IHG’s scale and strong enterprise. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”