Peachtree secures approval for EB-5-funded Home2 Suites
Hotel Business
by Adam Perkowsky
17h ago
Peachtree Group has received its I-956F approval from the United States Citizenship and Immigration Services (USCIS), the government agency that oversees the EB-5 Immigrant Investor Program, for the development of a Home2 Suites by Hilton in Boone, NC. USCIS adjudicated the I-956F petition for the hotel development in just five months. “It is a testament to the due diligence of the Peachtree team that it was able to get the project approved so quickly, especially when the published processing time is over 15 months,” said Adam Greene, EVP, EB-5, Peachtree Group. Peachtree originated $21.7 mil ..read more
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TEKMAK Development promotes Glenn Decker to president
Hotel Business
by Adam Perkowsky
17h ago
TEKMAK Development Company, a full-service hospitality development company, has promoted Glenn Decker to president. In his new role, the former VP, operations will be responsible for the growth and direction of the company as it seeks to expand its hospitality portfolio. Thomas Kirkland will remain as CEO. “I welcome the opportunity to continue maximizing the potential in our existing hotels, improving the way we execute our projects currently under development and identifying markets where new projects will prosper,” Decker said. “Texas has incredible economic and demographic tailwinds, and ..read more
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Hotel Equities names David Rosenberg, Peter Tziahanas EVP, operations
Hotel Business
by Adam Perkowsky
17h ago
Hotel owner, operator, and developer Hotel Equities (HE) has promoted both David Rosenberg and Peter Tziahanas to EVP, operations, while Toi Brown has been elevated to SVP, human resources. “These promotions within our executive leadership team represent HE’s ongoing commitment to developing internal talent, each of these servant leaders are best in class and deliver exceptional support and results for all of our stakeholders,” said Bryan DeCort, COO, HE. Rosenberg joined HE in 2020. His expertise is in analytics-driven decision-making and operational efficiency, according to the company. He ..read more
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Web Exclusive: Four Seasons Resort Rancho Encantado debuts new look
Hotel Business
by Abby Elyssa
5d ago
Four Seasons Resort Rancho Encantado in Santa Fe has completed a multimillion-dollar renovation, complete with 65 intimate casitas at the luxury boutique resort. The transformed casitas mark the first guestroom renewal since the resort’s 2008 opening. Inspired by pueblos, the design blends modern elements with timeless style. All rooms have been enhanced with  custom-made furniture, technology, lighting, paint, window treatments, artwork and more. Langlois Design, a boutique firm focused on sustainability and socially responsible design work, led the renovation. The resort also debuted a ..read more
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Kirkwood Collection acquires Ballard Inn
Hotel Business
by Gregg Wallis
5d ago
Kirkwood Collection, a luxury hotel brand known for its portfolio of historic boutique hotels in California destinations, has acquired The Ballard Inn in Ballard, CA. The property marks the collection’s first venture into the Santa Ynez Valley, a region of Santa Barbara Wine Country. The inn joins Kirkwood’s existing boutique properties in Santa Barbara, Hideaway Santa Barbara, and Blue Sands Inn, further expanding its presence in the region. The Ballard Inn currently offers 15 luxurious rooms featuring balconies patios, and fireplaces. Recently refurbished, this boutique bed and breakfast pa ..read more
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NOLA convention center hotel plans move forward
Hotel Business
by Gregg Wallis
5d ago
The Ernest N. Morial New Orleans Exhibition Hall Authority has approved two resolutions critical to moving forward with the development of a 1,000-room headquarters hotel for the New Orleans Ernest N. Morial Convention Center. In addition to accepting a formal letter of intent with Omni Hotels & Resorts to own and operate the headquarters hotel, the authority also voted to approve a purchase and sale agreement for property at Convention Center Boulevard and Andrew Higgins Boulevard. The site, currently operated as the Sugar Mill event venue, is immediately across the street from the conve ..read more
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Red Roof opens hotels in Virginia, North Carolina
Hotel Business
by Adam Perkowsky
5d ago
Red Roof has opened the Red Roof Inn Doswell-Kings Dominion in Doswell, VA, and Red Roof Inn Charlotte-Airport. The Virginia hotel is located just outside Kings Dominion theme park, while the Charlotte property is located 1.5 miles from Charlotte Douglas International Airport. Owner SJ Hotel LLC invested $1.2 million in renovations to the Doswell property, which included guestroom and public bathroom upgrades; new bedding and mattresses; a new coffee bar; new paint throughout the interior of the property; and new vending machines. The 108-room, pet-friendly property offers free WiFi, free cof ..read more
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Newport Hospitality names Brendan McCoy COO
Hotel Business
by Adam Perkowsky
5d ago
Hotel management company Newport Hospitality Group has promoted Brendan McCoy to SVP/COO, while Whitney Altizer has assumed the role of SVP/chief commercial officer. McCoy, who joined Newport in 2011, previously served as VP – director of operations and spearheaded numerous successful projects, driving operational distinction across the company’s portfolio, according to the management firm. Altizer has been with the company for 20 years and has moved up from her previous role as VP, commercial strategy. The two executives become the company’s first new equity partners in eight years. They wil ..read more
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HB Exclusive: Unleashing the power of AI for hotel accounting
Hotel Business
by Hotel Business
5d ago
By Charles “Chip” Fritsch Artificial Intelligence (AI) has the potential to transform the hospitality industry, revolutionizing both the guest experience and operational efficiency. From personalized guest recommendations and enhanced guest services to predictive maintenance and revenue management, the applications for AI in hospitality are immense and exciting. However, despite the proliferation of AI tools, many hospitality companies have yet to leverage its capabilities in the back-office, particularly in hotel accounting. With limited AI integration capabilities, legacy hotel accounting s ..read more
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Staypineapple strengthens sustainability commitment
Hotel Business
by Adam Perkowsky
6d ago
Staypineapple has taken significant steps to strengthen its commitment to sustainable business practices and achieve its goal of providing a greener guest experience. “Staypineapple has taken great strides in its contribution of building a better, more sustainable environment for our guests, team members and communities,” said Dina Belon, president, Staypineapple. “In 2023, we made a number of commitments to reduce our company’s overall carbon footprint and are pleased to announce that we have accomplished several of our major green initiative goals and are on a steady trajectory with our yea ..read more
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