IHG Beats Q3 RevPAR Consensus and Guides 2027 Interest Higher
IHG reported 5.3% third-quarter RevPAR growth against a 4.4% company-compiled consensus and guided 2027 adjusted interest expense up $40 million to $60 million. Shares fell 3.2%.
Hotel Times · Lead story
A&O Hostels names Gernot Porcher senior vice president of construction
Gernot Porcher moves from Deutsche Hospitality's real estate post to run planning, construction and value retention across the hostel group's estate.
Centara puts its growth on deals with large property investors
Centara runs 52 hotels, 23 owned and operated and 29 under management agreements. COO Michael Henssler tells Skift the 41-property pipeline grows on partnerships with large investors.
Carissa Giliam named general manager at The Wildbirch
The Wildbirch Hotel has named Carissa Giliam general manager of the 252-room JdV by Hyatt property in downtown Anchorage. She moved from director of sales and commercial affairs through an interim post into the job.
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PMZ Closes $10.2M Loan on Staybridge Suites Pecos
PMZ Realty Capital closed a $10.2 million permanent loan on the Staybridge Suites Pecos, an all-suite West Texas hotel built for oil, gas and construction crews.
Development
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Minor Hotels Signs a 70-Key Anantara Retreat in the Darjeeling Hills
Minor Hotels takes a management agreement on a 70-key Anantara Retreat inside the 849-acre Tindharia Tea Estate in West Bengal, with a 110 crore rupee project and a 2031 opening.
People
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Four Seasons Budapest names Federico Daniele bar manager of MÚZSA
Four Seasons Hotel Gresham Palace Budapest has appointed Federico Daniele bar manager of MÚZSA, after roles at The London EDITION, The Barcelona EDITION, Nobu Hotel Barcelona, Boadas Cocktails and Drink Kong.
Events
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A 36-hour block, two 8 a.m. doors and the Sunday room-turn
A Portland cheer and dance championship holds Hall D for 36 hours across December 5 and 6, with doors at 8 a.m. both mornings. The second morning decides the Sunday checkout.
Construction & Development
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The Lincoln's $58 million loan works out to $1.21 million a home
Forty-eight homes, $58 million of debt and a $1.5 million entry price. The arithmetic of a Coconut Grove condominium at construction start.
Management Companies
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Dreamscape Counts Patenaude's Tenure at Two and a Half Years
Dreamscape Hospitality promoted Adam Patenaude to president and chief executive officer, and the release's two-and-a-half-year count sits against Hotel Dive's two.
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- A 36-hour block, two 8 a.m. doors and the Sunday room-turn
- The Lincoln's $58 million loan works out to $1.21 million a home
- CMC Group and Fort Partners Bring a Four Seasons Brand to Coconut Grove
- Seven award categories put Oregon cultural leaders on the December stage
- What Four Portland Nights Put on an Official's Card
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