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LODGING Staff1

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Arne Sorenson

Arne Sorenson Posthumously Receives The Lodging Conference’s Lifetime Achievement Award

PHOENIX, Arizona—Harry Javer, producer and founder of The Lodging Conference, one of the industry’s events for hotel owners, CEOs, and deal makers, announced that Arne Sorenson, the beloved former president and CEO of Marriott...
Suburban Extended Stay Hotel Camp Lejeune

Suburban Extended Stay Hotel Camp Lejeune Added to Sandpiper Hospitality Portfolio

RICHMOND, Virginia—Virginia-based hotel management company with expertise in the extended stay segment Sandpiper Hospitality is continuing its growth with the addition of the Suburban Extended Stay Hotels brand to its roster. Sandpiper Hospitality is...
school break calendar

STR: School Break Report Shows Less Virtual Learning for the Upcoming Year

HENDERSONVILLE, Tennessee—After a year of shifts toward virtual learning throughout the United States, STR’s annual School Break Report shows less scheduled remote coursework on the academic calendar for the upcoming year. The report summarizes vacation...
Thompson Chicago

Thompson Chicago Acquired by Oxford Capital Group

CHICAGO—Oxford Capital Group, LLC announced the acquisition of the 247-room lifestyle hotel Thompson Chicago. Oxford Capital Group’s wholly-owned affiliate, Oxford Hotels & Resorts, LLC, also took over the management of the property. Thompson Chicago...
stressed and distressed

Peachtree Has Acquired $1 Billion in Distressed and Stressed Assets

ATLANTA—Peachtree Hotel Group (Peachtree), a real estate private equity investment firm, announced that it has acquired more than $1 billion in stressed and distressed real estate assets since June 2020. "We have capitalized on the...