Stonebridge appoints VPs of real estate, asset management

Dave Farmer Uncategorized

Originally appeared in Hotel Management in July, 2019 Denver-based hotel owner, operator and developer Stonebridge Companies made two high-level appointments recently, naming Rob Hazard VP of real estate and John Davis VP of asset management. The two additions to the company’s leadership will support the company as it targets further growth. Currently, Stonebridge’s portfolio consists of 62 hotels with more than …

Cayaban Bryson Stonebridge Companies Renaissance Hotel Denver Downtown City Center

‘Ohana’ In Action

Dave Farmer Uncategorized

Originally appeared in RED MSU Denver in July, 2019   Bryson Cayaban brings the Hawaiian tradition of treating guests like family to his career in hospitality. Growing up on the island of Kaua’i, Bryson Cayaban received an early introduction to the Hawaiian tradition of treating others like ‘Ohana’ – family. “My family is deeply involved in the hospitality and food-service industries …

Stonebridge Companies VP of Hotel Performance and Analytics Christopher Cheney

Is the industry heading toward a profit recession?

Dave Farmer Uncategorized

Originally appeared in Hotel News Now in July, 2019 By: Danielle Hess Executives at the recent HSMAI Chief Revenue Officer Executive Roundtable in Minneapolis discussed how they’re thinking about rates at a late point in the hotel industry cycle and the possibility of a profit recession. They also talk on video about the transition from revenue management to revenue strategy. As the …

Stonebridge Companies VP of Hotel Performance and Analytics Christopher Cheney

Hoteliers have struggled to raise rate for many reasons

Dave Farmer Uncategorized

Originally appeared in Hotel News Now in June, 2019   A laundry list of issues have combined to erode hoteliers’ abilities to increase rates even while the industry fundamentals have remained strong. By many measures, the current U.S. hotel cycle has been a great one, in part because of its exceptional length and durability. But if there’s one area where the …

Stonebridge Companies VP of Hotel Performance and Analytics Christopher Cheney

Tips for yielding the best rates on each channel

Dave Farmer Uncategorized

Originally appeared in Hotel News Now in June, 2019 Getting the highest possible rates from various booking channels still requires some human interaction, as well as continuing to educate a hotel’s revenue-management team and its front office, sources said. What’s your strategy for getting the highest possible rates? GDS Bookings Chris Cheney, VP of hotel performance and analytics, Stonebridge Companies: “Really …

Renaissance Denver Downtown City Center Denver Business Journal Stonebridge Companies

3 Denver hotels share lessons learned as they hit major milestones

Dave Farmer Uncategorized

Originally appeared in Denver Business Journal in May, 2019   In Denver’s quickly growing hotel market, where some 7,000 new rooms have opened over the past two-and-a-half years, it’s no longer good enough to just offer a quality lodging facility to attract and retain guests. As three prominent hotels in and around downtown Denver — each of whom has gained national …

Navin Dimond Stonebridge Companies Denver Business Journal

Executive Voice: Navin Dimond built a hotel empire, now he urges ‘courage’ through giving

Dave Farmer Uncategorized

Originally appeared in Denver Business Journal in May, 2019 Navin Dimond wasn’t supposed to be here — physically or professionally. The son of blue-collar immigrant parents who worked as a bus driver and factory worker in London, Dimond viewed education as his way to move up in life, and he received three college degrees in his quest to do so. But …

Courtyard Cherry Creek Denim Day 2019

6 Strategies to help recruit, retain hotel employees

Dave Farmer Uncategorized

Originally appeared in Hotel Management in May, 2019 According to the U.S. Bureau of Labor Statistics, the national unemployment rate currently sits at 3.6 percent, a 49-year low. While state unemployment rates may vary slightly, this overall number is the lowest level since December 1969. A low unemployment rate is indicative of a strong economy. It is advantageous to individual workers because they …

Emily Griffith Building Stonebridge Companies

In hotel-crazy Denver, transformation of historic Emily Griffith campus into lodging, retail space begins

Dave Farmer Uncategorized

Originally appeared in The Denver Post in April, 2019 Block-spanning campus is being redeveloped into a 250-room hotel the developer says will link back to its educational past The lives of countless young people were transformed on the campus of the historic Emily Griffith Opportunity School in the heart of Denver in the decades after it opened in 1916. Now, work is …