Skip to content

Search

Latest Stories

Alderman leaves CEO position at Radisson Americas

The company’s chief commercial officer will serve as interim CEO while the company searches for replacement

Alderman leaves CEO position at Radisson Americas

JIM ALDERMAN HAS stepped down from his position as CEO for the Americas at Radisson Hotel Group Americas “to pursue other opportunities,” the company said in a statement. Tom Buoy, Radisson’s chief commercial officer, will serve as interim CEO while the company searches for Alderman’s replacement.

The company did not release details of where Alderman is going but said only that it is looking for a full-time replacement while remaining “focused on the future.”


“Our plan is to continue to move forward with the vision set forth by our board and executive team to grow the company,” Buoy said. “We have an exceptional internal team of leaders focused on making Radisson Hotel Group Americas better for owners, franchisees, team members, and investors alike, and I am very confident we will continue to grow in 2022 and beyond.”

Alderman was appointed to the CEO position in March 2020 to replace Ken Greene, who stepped down as the company’s president for the Americas in December due to personal reasons. Greene is now president and CEO at AAHOA.

He previously served as executive vice president for Extended Stay America, according to the company. Prior to ESA, Alderman was chief development officer for Kimpton Hotels. He also held various senior leadership positions with Wyndham, Starwood Capital, InterContinental Hotels Group and Ernst & Young. Alderman has a bachelor’s degree in real estate from Florida State University. He is an executive board member for The Center of Real Estate Education and Research at Florida State University.

In December 2020, Alderman was appointed to the American Hotel & Lodging Association’s board of directors.

Buoy is also part of Radisson’s executive committee. Prior to joining Radisson he served as president and CEO of his own commercial consulting and advisory business. He also worked for ESA, as well as senior vice president for customer marketing and revenue management for Morgans Hotel Group (previously Ian Schrager Hotels) and worked in operations and revenue management with Accor in Australia.

During his tenure as CEO, Alderman led Radisson through the early days of the COVID-19 pandemic.

“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,” Federico González, chairman of RHG’s global steering committee, said at the time.

He also oversaw the Radisson Americas group’s decision in September to move from Minnetonka, Minnesota, to West End of St. Louis Park, Minnesota, in early 2022. The 35,000 square feet of space at the new location provides added convenience for employees to run errands, grab lunch, or get together with colleagues after work hours, according to the company.

“The timing is perfect for a fresh start at a new and exciting home base for our corporate headquarters on the heels of our Americas Business launch,” Alderman said previously. “Having the opportunity to design our own space to accommodate the current needs of the company as we evolve the way we work to promote creativity, collaboration, and efficiency, will ultimately drive our success. On top of all that, we will be in a phenomenal location offering something for everyone.”

More for you

Auro Hotels Launches $2M 'Rama Legacy' Scholarship

Auro launches $2M scholarship for employees’ children

What is the Rama Legacy Scholarship by Auro Hotels?

AURO HOTELS LAUNCHED its $2 million Rama Legacy Scholarship endowment for employees' children, continuing a tradition started by company co-founder H.P. Rama. Several students received scholarships in this inaugural year, reflecting the company’s view that its success depends on its people.

As founding chairman of AAHOA and past chairman of the American Hotel and Lodging Association, Rama believes the hospitality industry’s strength lies in developing its people, Auro said in a statement. He established the first scholarship under his family’s name in 1998.

Keep ReadingShow less
Colliers: US hotel assets improve in 2025, led by Northeast and Central regions

Report: Hospitality health up on travel, events

What are the key findings from Colliers’ 2025 Hospitality Outlook?

THE FINANCIAL HEALTH of hospitality assets, especially in the northeast and central regions, is improving, driven by leisure travel and the return of conferences and events, according to Colliers. U.S. hotels saw RevPAR rise 2.4 percent, ADR 1.9 percent and a slight uptick in occupancy from April 2024 to March 2025.

Colliers' 2025 Hospitality Outlook report found that some regions are still returning to pre-pandemic demand levels, while others are reaching prior cyclical peaks.

Keep ReadingShow less
Wyndham 2025 ad campaign

Wyndham campaign connects brands, rewards program

What is Wyndham’s new hotel campaign about?

WYNDHAM HOTELS & RESORTS launched an ad campaign promoting all 25 of its hotel brands and rewards program under one voice and the tagline: “Where There’s a Wyndham, There’s a Way”. The company’s campaign highlights accessibility, convenience and authenticity across its 9,300 hotels.

The multi-million dollar campaign spans multiple media and reflects travelers’ preferences, from weekend trips to longer drives, Wyndham said in a statement.

Keep ReadingShow less
Extended Stay America survey 2025

Study: Extended-stay hotels feel more like home

What makes extended-stay hotels better than vacation rentals?

EXTENDED-STAY HOTELS OUTPERFORM vacation rentals and apartments in comfort, value and sense of home, according to a survey by Extended Stay America. About 79 percent of respondents said extended-stay hotels are like a home away from home, while 82 percent said they offer a stronger sense of home than vacation rentals or apartments.

In the national survey by ESA and Wakefield Research, respondents preferred extended-stay hotels over other options, citing amenities at 34 percent, comfort and familiarity at 33 percent and personalization at 30 percent.

Keep ReadingShow less
Zack Gharib Red Roof

Red Roof bets on people, tech for growth

Red Roof’s 2025 Vision: Innovation, Inclusion & Growth

RED ROOF IS focusing on strategic investments in people and technology to advance the brand amid evolving challenges, said Zack Gharib, Red Roof’s president. Gharib also spoke about the company’s new prototype, the power of the extended stay segment and human trafficking.

Regarding its diversity and inclusion efforts, the company focuses on its long-standing initiatives including SHE, inspired by Red Roof and Road to Inclusion, Diversity and Equality. SHE and RIDE recently helped Red Roof prioritize women and underrepresented communities with more than 30 new projects.

Keep ReadingShow less