Corporate/Finance
Choice Hotels names Dominic Dragisich president and CEO
The Board of Directors of Choice Hotels International has appointed Dominic Dragisich as President and Chief Executive Officer, with the appointment taking effect on August 31. Dragisich has been serving as interim CEO since the departure of former CEO Patrick Pacious and has been with the company for nearly a decade.
Marriott appoints new chief information security officer
Marriott International has confirmed the appointment of Daniel Dubowski as its new senior vice president and chief information security officer. Dubowski, who previously held the same role at Hertz, will report to Chief Information Officer Naveen Manga, succeeding Arno Van Der Walt. The move comes as Marriott continues its multiyear technology transformation, with a focus on security-by-design and trust-by-design.
Braemar sells Key West resort for $190M amid shift to self-managed REIT
Braemar Hotels & Resorts 于周四宣布，以1.9亿美元将位于佛罗里达州基韦斯特的豪华海滨度假村 Pier House Resort & Spa 出售给全球投资公司 Sixth Street。该交易是 Braemar 在终止与 Ashford Inc. 的咨询协议、转型为自主管理REIT过程中，为降低投资组合杠杆率而采取的最新举措。此前，Braemar 已于5月以1.76亿美元将 Park Hyatt Beaver Creek 出售给 Sixth Street。
Hospitality dealmakers pursued ‘bigger, higher-conviction’ M&A in H1 2026
U.S. travel, leisure and hospitality M&A reached $39.6 billion in H1 2026, up 106.8% year over year, while deal volume fell 7.6%, per KPMG. The trend reflects a focus on larger, higher-conviction acquisitions, with quality assets expected to command premiums in H2.
IHG posts H1 RevPAR gains due to ‘favorable macro backdrop’
IHG Hotels & Resorts posted a 5.4% year-over-year rise in Americas RevPAR for Q2 2026, supported by the FIFA World Cup and a robust U.S. economy, while global RevPAR grew 3.5%. The company also highlighted record development activity, with 197 hotel openings in H1, and reaffirmed its full-year earnings expectations.
Gencom Unveils Two-Division Structure and Senior Leadership Appointments
Miami-based investment firm Gencom announced a restructuring into two divisions—Gencom Capital and Gencom Real Estate—along with several leadership appointments, including Alessandro Colantonio as head of Gencom Capital and Donald McGregor as president of Gencom Real Estate. The changes aim to support the firm's next phase of growth as a global real estate investment and hospitality platform.