Global alternative asset manager Brookfield Asset Management named company executive Connor Teskey as its CEO as the investment giant reported record fourth-quarter earnings and said it sees rising deal activity this year.
Newmark said it promoted Jeff Mayer to senior managing director and national practice leader for hospitality, gaming and leisure, as the company looks to expand its valuation and advisory services geared to those property categories.
CBRE said it expanded its executive ranks in the Los Angeles North region with the hiring of Josh Caruana as market leader to oversee its Glendale, Woodland Hills and Oxnard offices. It also hired Patrick McGrath as executive managing director for the South Bay region. Caruana joined the firm from Marcus & Millichap, where he worked in leadership roles in Southern California and Indianapolis. McGrath previously served as chief information officer and president for the West region of Savills North America.
Sonesta International Hotels Corp. is kicking off the new year with news of its incoming leadership following the announcement of CEO John Murray's retirement.
Travis Overall joined Cushman & Wakefield as managing principal of its Houston operations, leading the advisory business where Cushman has more than 250 employees, including 60 brokers. The firm said Overall will also be involved in Cushman’s 34 million-square-foot Houston property management portfolio and will head talent recruiting efforts.
In 2025, the hotel industry saw many professionals making career moves and advancements. To recap the year's biggest hospitality personnel changes, this report zooms in on the C-suite executive changes that occurred last year.
Hotel operators in the United Kingdom are feeling the pinch, and that's unlikely to improve as the country's government heaps more pressure on the hospitality industry.
After 18 years in the front office of the Los Angeles Dodgers and another two decades in wealth management, Bob Graziano is taking a swing at real estate development.
As Amarillo, Texas, continues its revitalization ahead of a busy year for tourism, one historic hotel — and little-known feminist landmark — in the Lone Star State's wild west just secured its historical distinction.
Third-party hotel operators are taking advantage of a hospitality industry increasingly looking for their services, but with these new opportunities comes their own set of challenges.
