Skip to content

Search

Latest Stories

Cheney is SVP of commercial services at Stonebridge

Cheney joined the company in 2007, serving as a GM then director of revenue management

Cheney is SVP of commercial services at Stonebridge

Chris Cheney is now senior vice president of commercial services at Stonebridge Cos. He joined the company in 2007, serving as a general manager at properties from Alaska to Colorado before becoming director of revenue management in 2011. In his new role, Cheney will oversee revenue management, sales and marketing, and digital strategy.

Stonebridge is led by founder and chairman Navin Dimond.


“We are incredibly proud to promote and grow our internal talent at Stonebridge, and Chris’ continued growth within the company is a testament to that commitment,” said Rob Smith, Stonebridge’s president and CEO. “Chris’ leadership has been instrumental in our success, with 77 percent of our hotels exceeding or achieving 100 percent market share penetration and an average market share of 109 percent. I’m confident that these impressive results will continue to set us apart in the industry under Chris’s leadership.”

Cheney’s industry service includes the HSMAI Americas board, HSMAI Greater Denver Chapter board, Denver Tourism Improvement District board, Marriott Revenue Management Advisory Board, Anchorage Commuter Rail Coalition, AHLA Consumer Disclosure Task Force, and several customer advisory boards for key technology partners.

Smith became president and CEO of Stonebridge Cos. in July, succeeding Dimond, who founded the Denver-based hotel management company in 1991.

More for you

Howard Johnson 100th anniversary

HoJo marks centennial with throwback

Summary:

  • Howard Johnson is marking its 100th anniversary with fried clam–shaped soaps.
  • The soaps pay homage to an iconic HoJo menu item.
  • Available at select hotels and for online purchase starting Oct. 3.

HOWARD JOHNSON BY Wyndham marks a century with one of its most famous menu items, the fried clam strip. The brand is introducing limited-edition HoJo’s Original Fried Clam Soap, available at select Howard Johnson hotels across the U.S. and for online purchase beginning Oct. 3.

Keep ReadingShow less
The Boxer Boston hotel sold by Hersha Hotels to Eurostars Hotels for $23.6 million
Photo Credit: The Boxer Boston

Hersha sells ‘Boxer Boston’ to Eurostars

Summary:

  • Hersha Hotels & Resorts sold The Boxer Boston to Eurostars Hotels.
  • The company acquired the property in 2012 for $12.6 million.
  • The property now sold for $23.6 million.

HERSHA HOTELS & RESORTS sold The Boxer Boston, an 80-room hotel in Boston’s West End, to Eurostars Hotels, part of Spain’s Grupo Hotusa. The company, which reportedly acquired the property in 2012 for $12.6 million, received $23.6 million for it.

Keep ReadingShow less
Peachtree Group Inc. 5000 2025

Peachtree receives two recognitions

Summary:

  • Peachtree recognized by Inc. and the Atlanta Business Chronicle.
  • Named to the 2025 Inc. 5000 list for the third year.
  • Chronicle’s Pacesetter Awards recognize metro Atlanta’s fastest-growing companies.

PEACHTREE GROUP ENTERED the 2025 Inc. 5000 list for the third consecutive year. The company also won the Atlanta Business Chronicle Pacesetter Awards as one of the city’s fastest-growing private companies.

Keep ReadingShow less
Olympic Wage ordinance 2028
Photo credit: Unite Here Local 11

Petition fails to stop L.A. hotels wage increase

Summary:

  • Failed petition clears way for Los Angeles “Olympic Wage” to reach $30 by 2028.
  • L.A. Alliance referendum fell 9,000 signatures short.
  • AAHOA calls ruling a setback for hotel owners.

A PETITION FOR a referendum on Los Angeles’s proposed “Olympic Wage” ordinance, requiring a $30 minimum wage for hospitality workers by the 2028 Olympic Games, lacked sufficient signatures, according to the Los Angeles County Registrar. The ordinance will take effect, raising hotel worker wages from the current $22.50 to $25 next year, $27.50 in 2027 and $30 in 2028.

Keep ReadingShow less
TBO acquires Classic Vacations

India's TBO to buy U.S. Classic Vacations for $125M

Summary:

  • India-based TBO will acquire U.S. wholesaler Classic Vacations for up to $125 million.
  • The deal combines TBO’s distribution platform with Classic’s advisor network.
  • Classic will remain independent while integrating TBO’s global inventory and digital tools.

TRAVEL BOUTIQUE ONLINE, an Indian travel distribution platform, will acquire U.S. travel wholesaler Classic Vacations LLC from Phoenix-based The Najafi Cos., entering the North American market. The deal is valued at up to $125 million.

Keep ReadingShow less