LODGING Staff - 10 Minutes News for Hoteliers - Page 53

2 min

1754 Properties Announces Acquisition of Marriott Winston-Salem

🏨 Officials of 1754 Properties LLC announced the acquisition of the 319-room Marriott Winston-Salem in Winston-Salem, North Carolina. Hospitality Ventures Management Group will continue operating the hotel. The property features over 14,000 sq ft of meeting space, an indoor pool, and a fitness center, with direct access to the Benton Convention Center. 1754 Properties plans a $5 million investment to upgrade the hotel. Located near universities and major corporate hubs, it's poised to attract southeastern travelers.

6 min

Accor Reports Half-Year 2025 Results

💰 Accor's H1 2025 earnings show a 4.6% RevPAR increase, 5.1% revenue growth at constant currency, and the opening of 117 hotels, adding over 15,000 rooms, a net growth of 1.9%. Accor's portfolio includes 854,695 rooms and a pipeline of 241,000 rooms. The Premium, Midscale, and Economy division saw a 2.9% RevPAR growth, while the Luxury and Lifestyle division increased 7.0%. Revenue hit $3.13 billion, with a 2.5% rise, offset by $78.75 million due to currency effects.

1 min

Sonnenblick-Eichner Company Arranges $22.6 Million in Financing for Hotel Valencia Riverwalk

🏨 Los Angeles, California—On July 2025, Sonnenblick-Eichner Company secured $22.6 million in leasehold financing for Valencia Hotel Group to refinance the 12-story, 213-room Hotel Valencia Riverwalk in San Antonio, TX. The hotel features 9,841 sq. ft. of event space and dining options like Dorrego’s and Café Naranja. The five-year fixed-rate loan replaces a maturing 10-year loan, highlighting strong lender interest in hotel financing opportunities.

2 min

AHLA Foundation Holds Annual No Room for Trafficking Summit

🚪 Washington D.C., 2025-2026: The AHLA Foundation's No Room for Trafficking (NRFT) Summit coincided with the UN World Day against Trafficking in Persons, emphasizing the hotel industry's anti-trafficking commitment. Since 2023, over $2.35 million has supported 27 organizations through the NRFT Survivor Fund. Key 2025-2026 grantees include 3Strands Global and Empowered Network. The NRFT Advisory Council, with industry leaders, guides these efforts, highlighting lived experience insights to combat trafficking and support survivors.

1 min

SMARTLINEN Announces Launch of Intelegente Fine Linen Collection

🛏 MIAMI, Florida — SMARTLINEN launched the Intelegente Fine Linen Collection for four and five-star hotels and resorts. The collection features RFID-embedded linens for real-time tracking and data-driven decision-making. Benefits include reduced linen loss, elimination of manual inventory checks, optimized purchasing, and extended linen lifespan. The enhanced mobile app offers real-time insights into linen performance and usage. William Serbin, CEO, aims to combine intelligence with luxury, enhancing guest experience and operational control.

4 min

This Week’s Comings & Goings

🏨 Hotel Equities founder Fred Cerrone will retire on November 22, 2025, after 58 years in hospitality. Remington Hospitality appointed Jason Kreul as COO, while HotelPlanner named Jeff McDaniel as CMO. Notable general manager appointments include Elon Kenchington at The Mark Hotel and Nick Heath at The St. Regis Singapore. André Brose joins Fairmont Breakers Long Beach as GM. Pyramid Global Hospitality appointed Anthony Torres as VP of Food and Beverage, while numerous other leadership changes occurred across the hospitality industry.

1 min

Preferred Hotels & Resorts Announces Partnership With DayBlink GPO

📈 Preferred Hotels & Resorts partners with DayBlink GPO, revealed at the 2025 Global Conference in New York, aiming to enhance member hotels' distribution strategies. This collaboration introduces chain-level agreements with Hotelbeds and WebBeds to optimize distribution costs and inventory control. Key benefits include improved rate parity and centralized inventory management via SynXis. Cheryl Williams emphasized the partnership's role in boosting bookings and profitability, while Michael Wong highlighted the importance of regaining inventory control.

1 min

Kalibri Announces Launch of Hummingbird Market

📱 BETHESDA, Maryland—Kalibri launched Hummingbird Market, a hotel intelligence platform, on June 2025 to aid owners, operators, developers, and investors. This tool provides real-time insights on 334 U.S. markets and 975 submarkets, focusing on occupancy, ADR, RevPAR, and stay patterns. Key features include interactive heat maps, a growth index, and detailed segmentation analysis. Cindy Estis Green, CEO of Kalibri, emphasized its unmatched clarity for smarter investment decisions.

1 min

Arriba Capital Closes Hotel Construction Loan For The Scoundrel

🏨 Arriba Capital recently secured a $40 million construction loan to develop The Scoundrel, a 128-key Marriott Tribute Portfolio Hotel in downtown Gatlinburg. This area serves as a gateway to the Great Smoky Mountains National Park, attracting over three million visitors annually. The borrower is an experienced, privately held hospitality management and development group located in Gatlinburg, with multiple finance collaborations with Arriba Capital.

2 min

Thomas Financial Group Closes Loan to Reposition Two Hotels

💵 In Grass Valley and Nevada City, CA, subsidiaries of Community Bankshares Inc. secured a $13.9M bridge loan, transitioning to a $14.3M USDA loan. This supports the acquisition and operations of The National Exchange Hotel and The Holbrooke Hotel. The loan preserves 128 jobs, fosters economic growth, and was closed in 35 days. The historic hotels, renovated in 2020, feature 66 rooms and generate 60% of revenue from dining. Operations are managed by Acme Hospitality and Horizon Hotel Group.

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