Articles tagged “sonesta”

Coronavirus

Sonesta’s Major Stakeholder Plans to Install One of Its Own as CEO

Sonesta didn't go far in looking for a new CEO. John Murray's current employer, Service Properties Trust, is the lodging trust that severed contracts with Marriott and IHG and used those hotels to fuel Sonesta's ascent during the pandemic.

Sonesta’s Major Stakeholder Plans to Install One of Its Own as CEO

Coronavirus

Expect a Hotel Dealmaking Deluge This Year

With the two-year anniversary of the pandemic just around the corner, hotel companies are going to be eager to buy and sell around the premise the travel industry is settling into a new normal.

Expect a Hotel Dealmaking Deluge This Year

Hotels

The Best of Daily Lodging Report for the Week Ending November 5

Data out of Asia shows just how bad border closures are hurting hotel business in major cities while it's business as usual on the investment transaction front.

The Best of Daily Lodging Report for the Week Ending November 5

Hotels

Sonesta to Offer U.S. Hotel Franchising for First Time to Keep Growth on Fast Track

Failed deals between a Boston real estate owner and Marriott and IHG as well as the Red Lion parent company acquisition gave Sonesta an early leg up in its growth ambition. Now comes the hard part: organic growth.

Sonesta to Offer U.S.  Hotel Franchising for First Time to Keep Growth on Fast Track

Airlines

Air France-KLM Gets Shrewd About Fares and 9 Other Top Travel Stories This Week

In Skift's top travel stories this week, we looked at changes in Air France-KLM's pricing strategies, Vrbo's attempt to woo disgruntled Airbnb hosts, Nashville's tourism strategy, and the Delta's reversal and the state of Georgia's new voter suppression law.

Air France-KLM Gets Shrewd About Fares and  9 Other Top Travel Stories This Week

Coronavirus

Sonesta Built a Hotel Empire During the Pandemic: Here’s What’s Missing

Sonesta is now a major hotel company with hundreds of franchised properties and an eye toward further growth. But the big hurdle is expanding its loyalty program. Marriott's takeover of Starwood showed the complexities of engineering loyalty across brands at a huge scale.

Sonesta Built a Hotel Empire During the Pandemic: Here’s What’s Missing

Coronavirus

Sonesta CEO on Turning the Brand Into One of the Largest U.S. Hotel Companies Overnight

Sonesta's ongoing growth spurt isn't likely to stop with just one acquisition target.

Sonesta CEO on Turning the Brand Into One of the Largest U.S. Hotel Companies Overnight

Hotels

Sonesta International to Acquire Red Lion Hotels

Sonesta continues its streak as one of the hotel industry’s biggest pandemic success stories with plans to acquire RLH Corp.

Sonesta International to Acquire Red Lion Hotels

Coronavirus

Dim Outlook for Biz Travel Drove Hotel Owner to Drop Branding on 200 Marriott and IHG Hotels

Service Properties Trust has to do what’s best for shareholders, and maybe that includes severing ties with Marriott and IHG. But don’t rule out a business traveler rebound, especially with a vaccine looking more likely in the new year.

Dim Outlook for Biz Travel Drove Hotel Owner to Drop Branding on 200 Marriott and IHG Hotels

Coronavirus

Marriott and IHG Fueling Sonesta’s Rapid Growth: Is Hyatt Next?

It only takes a little momentum for a snowball growth effect to transpire, and the unlikely Sonesta seems to have plenty of it to hit an extraordinary five-year growth goal.

Marriott and IHG Fueling Sonesta’s Rapid Growth: Is Hyatt Next?