Ginger Hotels Announces The Signing Of Three New Hotels

Ginger Hotels announces the signing of three new hotels –two in Chennai and one in Patna –designed around the brand's lean luxe philosophy. The two Chennai properties will take the total number of Ginger hotels in the city to five, while the Patna property will be the brand's second hotel in the city.

Chennai and Patna are both high demand markets. With the addition of these hotels in different micro-markets, the Ginger brand deepens its market penetration in cities that are important commercial hubs of India

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Rosewood Hotel Group appoints new chief brand officer

With the appointment of Joanna Gunn as a Chief Brand Officer, Rosewood Hotel Group has added strong leadership to the company’s brand, marketing, and communications team.

She brings more than 23 years’ luxury experience to her new position. Previously, she was a Chief Brand Officer for Lane Crawford, a luxury multi-brand retailer.

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Marriott opens all hotels in China, sees steady US recovery

Marriott International has reopened all its hotels in China and is seeing a steady recovery in the United States, its biggest market, Chief Executive Officer Arne Sorenson said

In the United States, Marriott's hotels that remained open crossed the 20 percent occupancy threshold and continue to see an improvement

Caesars Shuts Down Properties

The ongoing COVID-19 public health emergency has prompted the temporary shutdown of Caesars Entertainment Corporation's properties consistent with government or tribe-mandated directives around the world.

The Company furloughed employees as its properties were ordered closed. The furloughs are expected to impact approximately 90% of employees at its domestic, owned properties as well as its corporate staff. Those individuals who are furloughed remain employees of the Company throughout the furlough period.

"Given the closure of our properties, we are taking difficult but necessary steps to protect the company's financial position and its ability to recover when circumstances allow us to reopen and begin welcoming our guests and employees back to our properties," said Tony Rodio, Chief Executive Officer of Caesars Entertainment. 

The Company is paying furloughed employees for the first two weeks of the closure period and those employees can use their available paid time off after that.  For furloughed employees enrolled in the Caesars health benefit plans, the Company is paying 100 percent of health insurance premiums through June 30, or their return to work, whichever comes sooner.

Condor Hospitality Trust Provides Update on Its Response To COVID-19

Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on its response to COVID-19.

J. William Blackham, Chief Executive Officer said, “There have been significant changes in business and economic conditions generally in the United States and in the lodging industry in particular as the COVID-19 crisis continues. As many others in the lodging industry have determined, the Company has determined that it is advisable and in the best business practice for the Company to cause temporary closures of 30 to 90 days of two of its hotels located in Solomons, MD and Leawood, KS, and the Company is evaluating on a daily basis similar temporary closures of hotels located in Lake Mary, FL, San Antonio, TX and Round Rock, TX. We will continue to assess reopenings of these hotels, and potential temporary closings of other Company hotels, based on specific market trends.”

The Company is taking these additional actions to address operating costs and to better position the Company in the current lodging environment.

Radisson Hotel Group Names Jim Alderman CEO of The Americas

Radisson Hotel Group (RHG) has announced the appointment of Jim Alderman as Chief Executive Officer for the Americas. Alderman will be based in the company’s U.S. headquarters in Minnetonka, Minn. and will be responsible for the corporate offices and more than 680 hotels in the company’s portfolio throughout the Americas. He will report to Federico J. González, Chairman, Global Steering Committee for Radisson Hotel Group, as the representative of the company’s Board of Directors.

“As the COVID-19 pandemic evolves daily, Jim will immediately begin to provide guidance and support for addressing the needs of the business in the Americas while continuing to deploy appropriate resources to help maintain a healthy environment for our customers and team members,” added González.

Prior to joining ESA, Alderman held various senior leadership positions with Kimpton Hotels, Wyndham, Starwood Capital, IHG and Ernst & Young. With more than 34 years of experience in hospitality, Alderman has an extensive background in hotel and restaurant development, private equity fund investment, management contracts, franchises, public/private partnerships and investor relations

MGM Resorts International Announces Appointment Of Bill Hornbuckle As Acting Chief Executive Officer

MGM Resorts International has announced that Chief Operating Officer and President Bill Hornbuckle, has been named acting Chief Executive Officer (CEO) and President, replacing outgoing Chairman and CEO Jim Murren.

Replacing Murren as the Chair of the Board of Directors will be Paul Salem, who currently is a member of the MGM Resorts Board of Directors and Chair of the real estate committee of MGM Resorts, which is in the process of executing the asset light strategy.

"The nation is facing an unprecedented crisis, causing the travel and hospitality industry to grind to a near halt. It is clear that once the threat to the public health has subsided and we are ready to reopen our resorts and casinos, it will take an incredible effort to ramp back up," said Paul Salem, Chairman of the MGM Resorts Board of Directors. "We believe continued steady, skilled leadership is needed in this time of great upheaval and uncertainty. Bill is one of the most experienced operators in the business and we have confidence in his ability to bring this company back online. Jim Murren is an outstanding leader who transformed MGM Resorts during his 22 years. Since Jim announced his stepping down from MGM Resorts, we felt that now more than ever, continuity of leadership was of vital importance."