Skip to content

Search

Latest Stories

Greene leaving AAHOA for new position

Greene leaving AAHOA for new position

KEN GREENE IS leaving his position as president and CEO of AAHOA to begin a new job with Dallas-based IBF Hospitality. AAHOA already has begun searching for his replacement.

Greene will leave on Feb. 11, according to a statement. He was brought on last year in June to replace Cecil Staton, AAHOA’s former president and CEO when he left the association unexpectedly.


“Ken has been instrumental in carrying AAHOA through the past several months, which brought on a lot of change both at AAHOA and in our industry,” said AAHOA Chair Vinay Patel. “We’re grateful for the time he’s spent at AAHOA and wish him nothing but continued success as he transitions to another opportunity.”

While at AAHOA, Greene oversaw the association’s return to in-person events, including the 2021 AAHOA Convention & Trade Show at the Kay Bailey Hutchison Convention Center in Dallas in August. He also helped in write AAHOA’s strategic plan and helped restaff the organization after the departure of Staton, the association’s executive vice president and COO Rachel Humphrey and others.

“When I made the decision to come on board at AAHOA, I came with every intention of helping carry the great tradition of the association. If it weren’t for this career-changing opportunity with IBF Hospitality, I would not be leaving this great organization. At IBF, I will be focused on potential acquisitions and building out a hospitality REIT,” Greene said. “I’ve found my time spent at AAHOA invaluable, and I’m grateful to our incredible team, Officers, Board, members, and vendor partners for their support.”

Patel said he was grateful for Greene’s efforts to rebuild the association.

“We now have an incredibly strong and capable leadership team in place at AAHOA, and I know they’ll all continue to lead the organization through this transitional time,” Patel said. “Because of his efforts in building out our new executive leadership team, AAHOA will not miss a beat as we continue to prepare for another record-breaking year, including our 2022 AAHOA Convention & Trade Show in Baltimore.”

Greene previously started a consulting firm after serving as Radisson Hotel Group president for the Americas. He served as president and CEO for Delta Hotels and Resorts and in various roles at Cendant Corp. and Wyndham Worldwide. Greene also founded Greenehouse Consulting, which focuses on acquisitions, management and advisory services to the hospitality industry, after he left Radisson in December 2019.

IBF Hospitality is led by Ray Ghai as CEO and co-founder.

More for you

RevPAR trends for US extended-stay hotels in April 2025

Report: Extended-stay April performance mixed

What's the latest on US extended-stay hotel performance for April 2025?

U.S. EXTENDED-STAY AND overall hotel RevPAR declined in April, reflecting their long-term correlation, according to The Highland Group. Economy and mid-price extended-stay hotels performed better than their respective classes, while upscale extended-stay hotel RevPAR fell in line with all upscale hotels, according to STR/CoStar.

The Highland Group’s “US Extended-Stay Hotels Bulletin: April 2025” reported a 3.6 percent year-over-year increase in extended-stay room nights available. This gain partly reflects the addition of mid-price brands WaterWalk by Wyndham in May 2024 and Executive Residency by Best Western in January to the database.

Keep ReadingShow less
Red Roof and Bridge partner to streamline hotel financing for U.S. owners and developers

Red Roof, Bridge to provide capital to owners

RED ROOF IS working with digital financing platform Bridge, led by Rohit Mathur as CEO, to improve access to capital for hotel owners and developers. The partnership allows Red Roof owners and operators to submit loan requests in about 10 minutes and access Bridge’s network of more than 150 lenders.

The platform provides loan terms by packaging each opportunity with data and side-by-side comparisons to support decision-making, the companies said in a joint statement.

Keep ReadingShow less
Hyatt Unscripted brand hotel showcasing adaptive reuse design

Hyatt adds ‘Unscripted’ to Essentials portfolio

What is Unscripted by Hyatt and how does it work?

HYATT HOTELS CORP. recently added the Unscripted brand, part of Dream Hotel Group, to its Essentials portfolio. Rebranded as Unscripted by Hyatt, it targets growth through adaptive reuse and conversion-friendly projects, filling a gap in Hyatt’s offerings.

More than 40 hotels globally are in discussions to join the brand, which offers independent properties and small portfolios an operating model with minimal oversight and flexible brand standards, Hyatt said in a statement.

Keep ReadingShow less