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1 week ago | 
hotelbusiness.com | Adam Perkowsky
Pyramid Global Hospitality has revealed that COO Eric Habermann will retire this month following seven years with the company and a nearly 40-year career in hospitality. He will be succeeded by Isaac Hicks, the firm’s current CFO. Replacing Hicks will be Judy Brigham, formerly EVP, corporate finance, will become the company;s first femaie CFO. Habermann joined Pyramid Global in 2018 as the company’s chief accounting officer and became COO in 2019.
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1 week ago | 
hotelbusiness.com | Adam Perkowsky
Azul Hospitality Group has appointed Giorgio Saturnino as VP, food & beverage. He brings more than 20 years of experience in F&B to the company. He has led operations across multiple outlets, driving improvements in service, efficiency and financial performance, according to the company.
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1 week ago | 
hotelbusiness.com | Adam Perkowsky
Peachtree Group has opened the 87-suite TownePlace Suites Forney in Forney, TX. The company will operate the hotel for TEKMAK Development. Located 22 miles east of Dallas, the pet-friendly hotel offers suites featuring full kitchens, as well as complimentary breakfast, a 24-hour fitness center and an outdoor pool. “We are thrilled to join the Forney community and serve the fastest-growing county in the country with our new TownePlace Suites hotel,” said Glenn Decker, president, TEKMAK.
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1 week ago | 
hotelbusiness.com | Adam Perkowsky
AAHOA, Kalibri Labs to analyze impact of federal policy changes AAHOA has entered into a strategic partnership with Kalibri Labs, launching a nationwide investigation into the effects of recent federal policy changes and anticipated industry challenges.
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1 week ago | 
hotelbusiness.com | Adam Perkowsky
Terra, Turnberry secure $392M loan for Grand Hyatt Miami Beach Terra and Turnberry, two South Florida real estate development firms, have secured $392 million in construction financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center.
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1 week ago | 
hotelbusiness.com | Adam Perkowsky
U.S. hotel results for week ending April 5 The U.S. hotel industry reported mixed year-over-year comparisons for the week ending April 5, according to data from CoStar. March 30 through April 5 (percentage change from comparable week in 2024):Occupancy: 63.8% (-0.6%)ADR: $160.18 (+1.4%)RevPAR: $102.21 (+0.8%)Among the top 25 markets, San Francisco saw the largest occupancy increase (+13.2% to 67.5%).
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2 weeks ago | 
hotelbusiness.com | Adam Perkowsky
Virginia-based hospitality ownership and management company OTH Hotels Resorts (OTH) has added the Holiday Inn Birmingham Airport in Birmingham, AL, to its third-party management portfolio. Located near Birmingham-Shuttlesworth International Airport (BHM) and about four miles from downtown Birmingham, the 220-room property features on-site dining at Steel City Bar & Grill, an outdoor pool, fitness center and onsite batting cages, as well as 2,808 sq. ft.
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2 weeks ago | 
hotelbusiness.com | Adam Perkowsky
Hotel management company Remington Hospitality will assume management of the Sofitel Chicago Magnificent Mile beginning in May. The 415-room luxury property will transition from brand management to a franchise model under the existing master hotel management agreement with Braemar Hotels & Resorts.
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2 weeks ago | 
hotelbusiness.com | Adam Perkowsky
Duetto, a provider of revenue management software for the hospitality industry, has acquired HotStats, a global company that provides financial benchmarking for hotels. Terms of the transaction were not disclosed. “By augmenting our existing suite of solutions with HotStats’ industry-leading financial benchmarking data asset, we’re able to deliver the industry’s most comprehensive solution for driving revenue and profit optimization,” said David Woolenberg, CEO, Duetto.
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2 weeks ago | 
hotelbusiness.com | Adam Perkowsky
Choice kicks off MasteryX tech summit Choice Hotels International Inc. has kicked off its 10th annual MasteryX tech summit in Scottsdale, AZ. Over the course of the week, around 500 associates will explore and learn about the latest technologies and solve real-world challenges through hands-on workshops, competitions and knowledge-sharing sessions to help hotel owners drive more revenue, reduce costs and find efficiencies.
