Skip to content

Search

Latest Stories

Goodnough is Stonebridge's SVP of sales & strategy

He was previously SVP of sales and marketing at HRI Hospitality

Chad Goodnough at Stonebridge Cos office, new SVP of sales for 2025 growth strategies

Chad Goodnough is now senior vice president of sales, strategy and innovation at Stonebridge Cos., overseeing sales strategies to drive revenue, market share and RevPAR growth.

Who’s Chad Goodnough, Stonebridge’s New SVP in 2025?

Chad Goodnough is now senior vice president of sales, strategy, and innovation at Stonebridge Cos. In this role, he will drive revenue, market share and RevPAR growth for Stonebridge’s portfolio through sales strategies.

He joins from HRI Hospitality, where he was senior vice president of sales and marketing, Stonebridge said in a statement.


“Chad’s expertise in the hospitality industry and ability to drive results in competitive markets make him a strong fit,” said Rob Smith, Stonebridge’s CEO and president. “We are excited to welcome him and look forward to the strategies he will bring.”

Goodnough, who previously held senior leadership roles at Remington Hospitality, Aimbridge Hospitality and Wyndham Hotels & Resorts, will lead strategic initiatives to drive growth and strengthen Stonebridge’s market position, the company said.

Denver-based Stonebridge, founded by Chairman Navin Dimond, is led by Smith.

Goodnough said he is excited to join Stonebridge and contribute to its success.

“I look forward to leveraging my experience to implement sales and marketing strategies that deliver measurable results and elevate the company’s portfolio performance,” he said.

"Working alongside Stonebridge’s revenue management and digital strategy teams—who optimize distribution, channel, and pricing strategies to attract guests—Chad will ensure our sales teams reach untapped customers by leveraging market intelligence tools and business development strategies to drive our high-touch local sales efforts," said Chris Cheney, senior vice president, commercial services.

In January, Stonebridge named Lee Palaschak executive vice president of operations, overseeing company operations from a new office in Dallas.

More for you

Brooklyn: Panwala’s Hotel BPM to Reopen this Fall

Panwala’s Hotel BPM Brooklyn to reopen this fall

DJ BIJAL PANWALA’S Hotel BPM Brooklyn in Brooklyn, New York, is set to reopen in late fall following a multi-million-dollar renovation. The 70-room hotel will be managed by Hotel Equites.

Hotel BPM is also known as Hotel Beats Per Minute.

Keep ReadingShow less
AHLA members meet with U.S. lawmakers to discuss key hospitality legislation impacting hotel owners and workers

AHLA shares priorities with lawmakers

AHLA Members Unite on Capitol Hill to Advance Hospitality Legislation

MORE THAN 250 American Hotel & Lodging Association members met with lawmakers in the U.S. Senate and House to discuss legislative priorities critical to the hospitality industry. They raised concerns about tax and trade policies impacting hotel operating costs and travel demand amid ongoing budget reconciliation and tax negotiations.

Members also discussed expanding and upskilling the hospitality workforce through measures such as adjusting the H-2B visa cap and protecting the franchise model, which supports more than half of all U.S. hotels and 2.8 million jobs, the association said in a statement.

Keep ReadingShow less
CBRE: US Hotel RevPAR to Grow 1.3 Percent in 2025

CBRE: RevPAR to grow 1.3 percent in 2025

U.S. HOTEL REVPAR is expected to grow 1.3 percent in 2025, supported by urban markets from group and business travel and increased demand for drive-to and regional leisure destinations, according to CBRE. Occupancy is forecast to rise 14 basis points and ADR 1.2 percent year-over-year.

This represents slower growth than CBRE’s February forecast, which projected 2 percent RevPAR growth based on a 21-basis-point increase in occupancy and a 1.6 percent rise in ADR, the commercial real estate and investment firm said.

Keep ReadingShow less