The leaders in the hotel industry expect plenty of good things in 2023.
Hotel executives met in January in Los Angeles for the Americas Lodging Investment Summit. Among the major topics of discussion, executives of hotel ownership companies said they won't sit on their investment dollars much longer and hotel supply growth should continue to be limited in the short term.
Click through Hotel News Now's complete coverage of the conference and favorite this page as it will be updated with more content.
article5 Min ReadJanuary 25, 2023 09:24 AMOn the second day of the Americas Lodging Investment Summit, members of Unite Here Local 11 gathered outside the JW Marriott Los Angeles LA Live to protest wages not keeping up with the increasing cost of living in the city.
article6 Min ReadJanuary 24, 2023 09:06 AMEditors recap the opening day of the 2023 Americas Lodging Investment Summit with takeaways, quotables and more highlights from the event.
article4 Min ReadFebruary 22, 2023 09:08 AMMembers of the Industry Real Estate Financing Advisory Committee said that after dealing with the rapid pace of interest rate increases, hotel buyers are getting ready to start investing again.
article4 Min ReadFebruary 01, 2023 09:33 AMDespite the increase in technology in the hotel industry, hotel executives are wary about relying on the technology to fully replace employees.
article5 Min ReadJanuary 27, 2023 10:00 AMDuring the numbers panel at the Americas Lodging Investment Summit, hotel industry analysts said that while hotel performance will slow, hoteliers will be able to weather the recession projected to hit the U.S. later this year.
article5 Min ReadFebruary 03, 2023 09:00 AMExecutives with HEI Hotels & Resorts and Crestline Hotels & Resorts said the hotel operating model could have changed to become more profitable and responsive to customer needs, but instead hoteliers rushed to return to pre-pandemic norms.
article4 Min ReadJanuary 30, 2023 10:28 AMHotel executives speaking at the 2023 Americas Lodging Investment Summit said while capital remains expensive, there's reason to believe more sellers will be motivated to move hotels over the next 12 to 24 months.
article4 Min ReadJanuary 31, 2023 09:39 AMCEOs of hotel brands and hospitality companies say that they have a responsibility to deliver on what owners, team members and consumers expect of them in regard to environmental, social and governance initiatives.
article7 Min ReadFebruary 08, 2023 08:33 AMDuring a general session at the Americas Lodging Investment Summit, hotel owners explained how they have adapted their portfolio strategies, such as reinvesting capital or preparing hotels for sale.
article5 Min ReadFebruary 02, 2023 08:33 AMHoteliers at the 2023 Americas Lodging Investment Summit said significant ground has been gained in the past three years to diversify the industry at the C-suite and ownership levels.
article3 Min ReadFebruary 07, 2023 09:11 AMIn an interview at the Americas Lodging Investment Summit, Marriott International CEO Tony Capuano said the accelerated signings seen in 2022 set up the company for significant growth opportunities, particularly outside of the U.S.
article2 Min ReadFebruary 08, 2023 08:28 AMIn a video interview at the Americas Lodging Investment Summit, Accor Chief Development Officer Luxury and Lifestyle Agnès Roquefort spoke about the new brand and the growth opportunities investors see with Accor.
article3 Min ReadFebruary 21, 2023 09:32 AMKessler Collection President and Chief Operating Officer Mark Kessler said his company is confident about hotel development projects in New Bern, North Carolina, and Cashiers, North Carolina, despite challenges with new construction, particularly of high-end, unique hotels.
article2 Min ReadFebruary 16, 2023 08:29 AMMcNeill Investment Group President and CEO Chris Ropko said his company reworked its broad investment strategies, an already challenging task that was made harder after the death of founder Mark Ricketts.
article3 Min ReadFebruary 15, 2023 08:26 AMAimbridge Hospitality's Mike Deitemeyer said the reorganization of the company's operations and business development teams has allowed it to better respond to the needs of hotel owners.
article2 Min ReadFebruary 17, 2023 08:22 AMIn a video interview, Stonehill's Mat Crosswy talks about the hotel lending environment in the U.S. and his company's plans for working with developers wanting to build despite challenging conditions for new projects.
article2 Min ReadFebruary 21, 2023 09:34 AMIn a video interview, SH Hotels & Resorts' Raul Leal speaks about his company's pipeline projects and how the company is prepared for guests seeking experiential hotel stays.
article1 Min ReadFebruary 24, 2023 08:47 AMKirk Pederson, president of third-party hospitality management company Sightline Hospitality, said during a video interview with Hotel News Now that his company has eight hotel projects in the pipeline.
article2 Min ReadFebruary 08, 2023 09:54 AMBraintree Group CEO Eric Danziger discussed how his company is launching a new third-party management division after a series of high-profile hotel industry positions.
article2 Min ReadFebruary 13, 2023 08:28 AMVirgin Group recently announced the combination of Virgin Hotels and Virgin Limited Edition, which has retreats and private islands, into the Virgin Hotels Collection. CEO James Bermingham said the company's new scale could boost its growth trajectory.
article1 Min ReadFebruary 14, 2023 08:22 AMO Presidente e CEO do Pyramid Hotel Group Warren Fields acredita que o crescimento é vital não só para o bem-estar dos investidores mas também como um meio de dar oportunidades aos empregados.
article2 Min ReadFebruary 24, 2023 08:46 AMWhile other hotel operators in the industry are prioritizing scale, Maverick Hotels & Restaurants CEO and founder Bob Habeeb said he prefers keeping his company a certain size.
article6 Min ReadJanuary 26, 2023 10:26 AMHotel industry experts at the Americas Lodging Investment Summit say despite some macroeconomic challenges, trends favor growing demand for hotels.
article2 Min ReadFebruary 09, 2023 08:43 AMIHG Hotels & Resorts Chief Development Officer for the Americas Julienne Smith said during a video interview that she's focused on building the right team to support growth goals.
article2 Min ReadFebruary 23, 2023 09:12 AMPeachtree Hospitality Management President Patrick Short says his company isn't looking to partner with a one-off owner or hotel but rather ones they can invest alongside for years to come.