Read the latest hotel industry news from around the Americas region.

The driving forced behind TPG Hotels, Resorts and Marina's acquisition of third-party management company Marshall Hotels & Resorts was not only an attractive and complementary portfolio but also the people, reports HNN's Stephanie Ricca.

“Our history has been as an owner/operator, so as we were looking to position ourselves in the third-party management business, finding a company exclusively in third-party management was important for us,” said Rob Leven, chief investment officer of TPG Hotels, Resorts and Marinas and The Procaccianti Companies. “But we also were looking for leadership succession at the top of the management company itself. That wasn’t easy to identify or find.”

The deal closed at the end of December and was announced Jan. 25.

Hotel industry experts predict hotels will have a better but still bumpy year in 2022, reports HNN's Bryan Wroten from a panel at the Americas Lodging Investment Summit.

Though 2022 is off to a slow start with concerns over the omicron variant, inflation and labor supply, the U.S. hotel industry recovery is expected to accelerate, said Carter Wilson, senior vice president of consulting and analytics at CoStar’s hospitality analytics firm, STR.

"STR’s latest forecast calls for nominal average daily rate to fully recover by the end of the year and nominal revenue per available room to recover to 2019 levels next year," Wroten reports.

The latest data from Castell Project's Women in Hospitality Industry Leadership report shows women are gaining representation in roles such as CEO or president, from a ratio of 1 for every 11.2 men in 2019 to 1 for every 10.3 men in 2021, HNN's Wroten reports.

But management company consulting firm McKinsey & Company revealed women are feeling more burned out than they did a year ago.

“While there should be opportunities opening up, if we’re burning women out, particularly to the extent their thinking about leaving instead of continuing to grow with our industry and their company, we have a problem with reaching gender parity,” said Peggy Berg, founder and president of the Castell Project.

The ultimate pricing power and sold out rooms is setting the stage for hotels in the Los Angeles market as the 2022 Super Bowl at SoFi Stadium quickly approaches, reports HNN's Dana Miller.

"The L.A. market as a whole is predicted to hit about 90% occupancy for Super Bowl weekend," said Los Angeles Marriott Burbank Airport General Manager Alan Tate. "We are hoping to sell out the week leading into Super Bowl weekend as well Super Bowl weekend by our yield management strategy. Certainly on the weekend, we're sold out from Thursday to Sunday."

• The Georgetown Company purchased the 250-room Hutton Hotel in Nashville, Tennessee, through a $1 billion hospitality investment platform launched in 2021 with First Hospitality.
• The Kimi Family sold the 122-room Kona Bay Hotel in Kailua-Kona, Hawaii, for $21 million to Shapery Enterprises.
• The Hyatt Centric Wall Street New York sold for $85 million to Navika Group of Companies and Blue Sky Hospitality Solutions Management Company.
• RLJ Lodging Trust has sold the 764-room DoubleTree Hotel Metropolitan New York City for $169 million to Hawkins Way Capital.
• Salamander Hotels & Resorts named David Mars as general manager for Salamander Resort & Spa in Middleburg, Virginia.
  
• The Statler in Dallas appointed Adam Gollub as general manager.
  
• Miami-based developer Alex Mantecon of MV Real Estate Holdings with Driftwood Capital announced a joint venture on development of the the $185 million Riverside Wharf in Downtown Miami, an entertainment complex that will include the165-room Dream Miami Hotel.
  
• Marcus Hotels & Resorts has formed a joint venture with funds managed by Searchlight Capital Partners to co-invest in hotels, resorts and high-quality full-service properties. Through this joint venture, they acquired the Kimpton Hotel Monaco Pittsburgh.
• IHG Hotels & Resorts announced the signing of the 150-room InterContinental Grenada Resort in the Caribbean.
• Hilton opened the 349-room Conrad Tulum Riviera Maya, marking the brand's first foray in the Mexican Caribbean.

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