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In The News

<p>When you assemble a team that takes great pride in performing beautifully, day in and day out, it&#8217;s only a matter of time before the world takes notice. Here&#8217;s the latest from backstage<span style="font-weight: 400;">—</span>and what the media has to say about what we&#8217;re up to.</p>
<h6>For Marketing &amp; PR Inquiries: <a href="mailto:scrowe@247hotels.com">scrowe@247hotels.com</a></h6>


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Hotel News Now

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<p><strong>Hotel News Now</strong></p>
<p>“Better Visibility into 2023 Helps Normalize Hotel Budgeting Process” <a href="https://www.costar.com/article/1853343331/better-visibility-into-2023-helps-normalize-hotel-budgeting-process" target="_blank" rel="noopener">https://www.costar.com/article/1853343331/better-visibility-into-2023-helps-normalize-hotel-budgeting-process</a></p>


Hospitality Net

<p><strong>Hospitality Net</strong></p>
<p>“Twenty Four Seven Hotels Adds Four California Hotels to Ever Expanding West Coast Portfolio“ <a href="https://www.hospitalitynet.org/news/4112630.html" target="_blank" rel="noopener">https://www.hospitalitynet.org/news/4112630.html</a></p>


Hospitality Net - 247 Hotels

Travel Daily News

<p><strong>Travel Daily News</strong></p>
<p>“Dennis Eichen has been appointed vice-president of finance and accounting“ <a href="https://www.traveldailynews.com/post/twenty-four-seven-hotels-appoint-dennis-eichen-vice-president-of-finance-and-accounting" target="_blank" rel="noopener">https://www.traveldailynews.com/post/twenty-four-seven-hotels-appoint-dennis-eichen-vice-president-of-finance-and-accounting</a></p>


Travel Daily News - 247 Hotels

Hotel Business 

<p><strong>Hotel Business</strong></p>
<p>“Gabriel Coy has joined Twenty Four Seven Hotels” <a href="https://hotelbusiness.com/people-on-the-move-18/?utm_source=newsletter&amp;utm_medium=email" target="_blank" rel="noopener">https://hotelbusiness.com/people-on-the-move-18/?utm_source=newsletter&amp;utm_medium=email</a></p>


Hotel Business - 247 Hotels

Hotel News Resource

<p><strong>Hotel News Resource</strong></p>
<p>“108 Room Hampton Inn &amp; Suites Rancho Cucamonga, CA Opens“ <a href="https://www.hotelnewsresource.com/article121952.html" target="_blank" rel="noopener">https://www.hotelnewsresource.com/article121952.html</a></p>


Hotel News Resource - 247 Hotels

San Bernardino County Sun

<p><strong>San Bernardino County Sun</strong></p>
<p>“Hampton Inn debut in Rancho Cucamonga part of hotel revival” <a href="https://www.sbsun.com/2022/08/09/hampton-inn-suites-hotel-opens-in-ranch-cucamonga/" target="_blank" rel="noopener">https://www.sbsun.com/2022/08/09/hampton-inn-suites-hotel-opens-in-ranch-cucamonga/</a></p>


San Bernardino County Sun - 247 Hotels

Hotel Executive

<p><strong>Hotel Executive</strong></p>
<p>“IDeaS and Jonas Chorum Finalize Two-Way Data Integration” <a href="https://www.hotelexecutive.com/newswire/69915/ideas-and-jonas-chorum-finalize-two-way-data-integration" target="_blank" rel="noopener">https://www.hotelexecutive.com/newswire/69915/ideas-and-jonas-chorum-finalize-two-way-data-integration</a></p>


Hotel Executive - 247 Hotels

Orange County Business Journal

<p><strong>Orange County Business Journal</strong></p>
<p>“OC Tourism Travels Back” <a href="https://www.ocbj.com/oc-homepage/oc-tourism-travels-back/" target="_blank" rel="noopener">https://www.ocbj.com/oc-homepage/oc-tourism-travels-back/</a></p>


Orange County Business Journal - 247 Hotels

Wealth Management Real Estate

<p><strong>Wealth Management Real Estate</strong></p>
<p>“Hotel Developers Battle Rising Construction Costs to Build More Rooms” <a href="https://www.wealthmanagement.com/lodging-hotel/hotel-developers-battle-rising-construction-costs-build-more-rooms" target="_blank" rel="noopener">https://www.wealthmanagement.com/lodging-hotel/hotel-developers-battle-rising-construction-costs-build-more-rooms</a></p>


Wealth Management Real Estate - 247 Hotels

<p><strong>Hospitality Net</strong></p>
<p>“Hotels Push Casual, Conversational Social Media Posts To Drive Engagement” <a href="https://www.hospitalitynet.org/external/4110918.html" target="_blank" rel="noopener">https://www.hospitalitynet.org/external/4110918.html</a></p>


Asian Hospitality

<p><strong>Asian Hospitality</strong></p>
<p>“Twenty Four Seven Hotels Sees Strong First Quarter“<a href="https://www.asianhospitality.com/twenty-four-seven-hotels-sees-strong-first-quarter/" target="_blank" rel="noopener"> https://www.asianhospitality.com/twenty-four-seven-hotels-sees-strong-first-quarter/</a></p>


Asian Hospitality - 247 Hotels

Hotel Business

<p><strong>Hotel Business </strong></p>
<p>“Twenty Four Seven Hotels add executive leaders“<a href="https://hotelbusiness.com/ceo-transition-at-venetian-more-people-on-the-move/?utm_source=newsletter&amp;utm_medium=email&amp;oly_enc_id=2248G5815812E4V" target="_blank" rel="noopener"> https://hotelbusiness.com/ceo-transition-at-venetian-more-people-on-the-move/?utm_source=newsletter&amp;utm_medium=email&amp;oly_enc_id=2248G5815812E4V</a></p>


Hotel Online

<p><strong>Hotel Online </strong></p>
<p>“Twenty Four Seven Hotels Appoints Amanda Hawkins-Vogel as Executive Vice President of Operations”<a href="https://www.hotel-online.com/press_releases/release/twenty-four-seven-hotels-appoints-amanda-hawkins-vogel-as-executive-vice-president-of-operations/"> https://www.hotel-online.com/press_releases/release/twenty-four-seven-hotels-appoints-amanda-hawkins-vogel-as-executive-vice-president-of-operations/</a></p>


Hotel Online - 247 Hotels

Newport Beach Independent

<p><strong>Newport Beach Independent</strong></p>
<p>“Newport Beach-based Twenty Four Seven Hotels Adds Amanda Hawkins-Vogel as Executive VP of Operations”<a href="https://www.newportbeachindy.com/newport-beach-based-twenty-four-seven-hotels-adds-amanda-hawkins-vogel-as-executive-vp-of-operations/" target="_blank" rel="noopener"> https://www.newportbeachindy.com/newport-beach-based-twenty-four-seven-hotels-adds-amanda-hawkins-vogel-as-executive-vp-of-operations/</a></p>


Newport Beach Independent - 247 Hotels

OC Register

<p><strong>OC Register</strong></p>
<p>“Newport Beach-based hospitality firm expands with 6 new hotels”<a href="https://www.ocregister.com/2022/03/30/after-hotel-lockdowns-newport-beach-based-hospitality-firm-expands-with-6-new-hotels/" target="_blank" rel="noopener"> https://www.ocregister.com/2022/03/30/after-hotel-lockdowns-newport-beach-based-hospitality-firm-expands-with-6-new-hotels/</a></p>


OC Register - 247 Hotels

<p><strong>Hotel Business</strong></p>
<p><a href="https://www.hotelbusiness.com/chesapeake-to-sell-two-nyc-properties-more-hotel-sales/" target="_blank" rel="noopener">“JLL Closes Sale of All-Suite Hotel in Southern California”</a></p>


<p><strong>Hotel News Now</strong></p>
<p><a href="http://www.hotelnewsnow.com/Articles/293758/Execs-say-theres-still-time-to-capture-hotel-value" target="_blank" rel="noopener">“Execs Say There’s Still Time to Capture Hotel Value”</a></p>


<h3><strong>Twenty Four Seven Hotels Announces Completion of </strong><strong>150-Room Four Points by Sheraton Tucson Airport Renovation </strong></h3>
<p><strong><em>Multi-Million Dollar Improvement Plan Targeted Guest and Meeting Rooms, Public Spaces and Restaurant </em></strong></p>
<p>TUCSON, Ariz., Jan. 17, 2023—<a href="https://247hotels.com/">Twenty Four Seven Hotels</a>, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced the completed renovation of the 150-room <a href="https://www.247hotels.com/locations/four-points-by-sheraton-tucson-airport">Four Points by Sheraton Tucson Airport</a>.  The multi-million dollar refurbishment upgraded the hotel’s guest and meeting rooms, public spaces and restaurant.  The renovation also included adding new furnishings, bathrooms and linens throughout the property.</p>
<p>“With the completion of this comprehensive renovation, the <a href="https://www.247hotels.com/locations/four-points-by-sheraton-tucson-airport">Four Points by Sheraton Tucson Airport</a> has achieved ‘like-new’ status,” said Brian Bell, regional director of sales, Twenty Four Seven Hotels.  “By updating the guestrooms, meeting space, lobby and restaurant, we were able to seamlessly blend new technologies and comforts for our guests while keeping the beauty of the architecture and southwestern landscape.  We are not only the closest full-service hotel to Tucson International Airport, we are now also the most recently fully refurbished product in the market, which puts us in a great position for our leisure and business traveler guests.”</p>
<p>Located at 7060 South Tucson Boulevard, the three-story, multi-building hotel is a short distance from Tucson International Airport and proximate to such local attractions as Desert Diamond Casino, Kino Sports Complex, Arizona Stadium and downtown Tucson.  Guests may enjoy the hotel’s lushly landscaped outdoor pool, hot tub, 24/7 fitness center and flexible banquet/meeting space capable of accommodating up to 200 people.  Dining options include the reimagined SOL restaurant and bar, now featuring new menu items inspired by local flavors, such as the Sonoran Dog and Street Tacos, as well as the Four Points “Best Brews” program featuring local Tucson brews from Barrio Brewing Co. / Tucson Blonde.</p>
<p>“Whether it’s business, leisure or some combination of the two, the newly renovated <a href="https://www.247hotels.com/locations/four-points-by-sheraton-tucson-airport">Four Points by Sheraton Tucson Airport</a> is the ideal location for visitors to the area,” said Amanda Hawkins-Vogel, executive vice president of operations.  “Rated #5 among the 10 best U.S. cities for conferences by SmartAsset for affordability and accessibility, Tucson has something for everyone.  With the hotel’s contemporary and timeless ambiance to its tastefully appointed and comfortable rooms, we are confident the Four Points quickly will distinguish itself as the destination of choice for area travelers.”</p>
<p><strong>About Twenty Four Seven Hotels </strong></p>
<p>Twenty Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development.  Founded in 2004, the company specializes in the premium brand upscale select-service and lifestyle segments.  The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty Four Seven Hotel’s current portfolio includes 25 hotels in four states with approximately 3,200 rooms nationwide.  For more information on Twenty Four Seven Hotels, visit <a href="http://www.247hotels.com">www.247hotels.com</a>.</p>


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Twenty Four Seven Hotels Announces Completion of 150-Room Four Points by Sheraton Tucson Airport Renovation 

Twenty Four Seven Hotels Announces Completion of 150-Room Four Points by Sheraton Tucson Airport Renovation - 247 Hotels

<h3>Twenty Four Seven Hotels Names Phil Norman Executive Vice-President of People Resources &amp; Development</h3>
<p>NEWPORT BEACH, Calif., Nov. 3, 2022—<a href="https://247hotels.com/">Twenty Four Seven Hotels</a>, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that it has named Phil Norman executive vice-president of people resources &amp; development. In the newly created position, Norman will oversee and provide executive oversight for talent management, including leadership development, organizational capability and change management.</p>
<p>“With 35 years of hospitality human resources experience, Phil is the ideal candidate to take over our people resources and development team as well as provide immediate support to our on-property teams,” said David Wani, CEO, Twenty Four Seven Hotels. “His performance at both the hotel and corporate levels has been amazing, creating workplaces where every associate is gratified by their work and where they feel they belong. Phil’s reputation of aligning systems and processes and his focus on workplace culture create the potential for exceptional stakeholder returns and in turn support the growth of the company.”</p>
<p>Most recently, Norman was chief human resources officer with Canyon Ranch where he operated HR functions across geographically distributed locations and brands with 1,840 U.S. employees across hotels and cruise ships. He also held similar positions as human resources director at both the Homestead, America’s oldest resort property dating to 1766, and the Arizona Biltmore Resort &amp; Spa, overseeing 1,250 team members, while ensuring safety and building an inclusive environment. Norman is accredited as Senior Certified Professional by the Society for Human Resource Management (SHRM-SCP) and Senior Professional in Human Resources by HRCI (SPHR).</p>
<p>“We are confident Phil will successfully recruit and retain top talent for the company even in the current challenging economic and social conditions,” said Drew Hardy, president, <a href="https://247hotels.com/">Twenty Four Seven Hotels</a>. “The creation of Phil’s role is a natural next step toward Twenty Four Seven Hotels’ continued success, one with a high focus on workplace culture, diversity and inclusivity in the hotel industry.”</p>
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<p><strong>About Twenty Four Seven Hotels<br />
</strong></p>
<p>Twenty Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development. Founded in 2004, the company specializes in the premium brand select-service segment. The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty Four Seven Hotel’s current portfolio includes 25 hotels in four states with approximately 3,200 rooms nationwide. For more information on Twenty Four Seven Hotels, visit <a href="https://247hotels.com/">www.247hotels.com</a>.</p>
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phil-norman

Twenty Four Seven Hotels Names Phil Norman Executive Vice-President of People Resources & Development

Twenty Four Seven Hotels Names Phil Norman Executive Vice-President of People Resources & Development - 247 Hotels

<h3>Dennis Eichen Appointed VP of Finance &amp; Accounting at Twenty Four Seven Hotels</h3>
<p>NEWPORT BEACH, Calif., August 31, 2022—<a href="https://247hotels.com/">Twenty Four Seven Hotels</a>, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that Dennis Eichen has been appointed vice president of finance and accounting. In his new position, Eichen will oversee the company’s financial and accounting teams, financial systems and banking relationships/financing opportunities while providing asset management expertise and strategic direction with the executive team to ensure short- and long-term profitability.</p>
<p>“Dennis’ vast experience and background position him as a leader who can make an immediate impact on the financial performance of our hotel portfolio,” said David Wani, CEO, Twenty Four Seven Hotels. “His aggressive approach to utilizing industry leading systems, software and tools for more efficient and effective processing of information will elevate our hotel’s performance.”</p>
<p>Twenty Four Seven Hotels relies on comprehensive solutions to continue to drive the digital transformation of its hotel’s financial management in an effort to provide advanced<br />
insights, implement at scale and maximize profitability.</p>
<p>With more than two decades of hospitality accounting experience, Eichen most recently acted as corporate controller for The Ruth Group where he was responsible for all aspects of the accounting &amp; financial analysis function for all properties and ownership groups, including acquisition accounting for new properties. He also has served as senior director of resorts accounting &amp; analysis with Irvine Company and held numerous property level positions, including director of finance for Marriott’s Newport Coast Villas and multi-site director of finance for Marriott’s Shadow Ridge Resort and Marriott Desert Springs Villas. A Hospitality Finance Technology Professional (HFTP) member, Eichen received his Bachelor of Science in accounting from California Polytechnic University of Pomona.</p>
<p>“Dennis’ combination of corporate- and property level hospitality finance experience provide the ideal background for this position,” said Drew Hardy, president, Twenty Four Seven Hotels. “As we continue to expand our portfolio, it becomes increasingly important to build an executive team to facilitate that growth. Dennis’ hands-on approach to developing a cooperative, interactive environment will increase retention while also creating opportunities for growth and development within the finance team.”</p>
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<p><strong>About Twenty Four Seven Hotels<br />
</strong></p>
<p>Twenty Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development. Founded in 2004, the company specializes in the premium brand select-service segment. The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty Four Seven Hotel’s current portfolio includes 26 hotels in four states with approximately 3,500 rooms nationwide. For more information on Twenty Four Seven Hotels, visit <a href="https://247hotels.com/">www.247hotels.com</a>.</p>
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Dennis Eichen 2

Dennis Eichen Appointed VP of Finance & Accounting at Twenty Four Seven Hotels

Dennis Eichen Appointed VP of Finance & Accounting at Twenty Four Seven Hotels - 247 Hotels

<h3>Twenty Four Seven Hotels Names Gabriel Coy Vice-President &amp; General Counsel</h3>
<p>NEWPORT BEACH, Calif., August 17, 2022—<a href="https://247hotels.com/">Twenty Four Seven Hotels</a>, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that Gabriel Coy has joined the company as vice president and general counsel. The appointment expands the company’s leadership team by adding its first in-house legal position. In his new role, Coy will Provide counsel, leadership and guidance on all legal issues arising with respect to hotel operations, hotel development, corporate governance and asset management.</p>
<p>“Reaching a pivotal point in our company’s growth trajectory necessitated creating this in-house role to provide value-driven solutions and advice on complex legal issues to help the company avoid pitfalls, overcome obstacles and continue our success,” said David Wani, CEO, Twenty Four Seven Hotels. “Gabe brings specific legal expertise to areas of high need namely transactional and employment law – in an increasingly challenging operating environment that demands skilled in-house legal acumen to improve company performance. It is essential to ourgrowth strategy to incorporate this role to elevate our strategic decision-making, improve functional effectiveness of the organization, increase our efficiency and safeguard the company.”</p>
<p>Prior to joining Twenty Four Seven, Coy was the principal attorney at Coy Law Firm, where he provided “outside general counsel” transactional and litigation services in the areas of business and employment law to small and mid-size businesses. He worked at such prestigious firms as Levinson, Arshonsky &amp; Kurtz; Cadden &amp; Fuller, LLP; and Loeb &amp; Loeb, LLP. Additionally, he served as chief operating officer and general counsel for 4G Wireless, Inc., a Verizon Wireless Premium Retailer that owned and operated 160 retail outlets that later rebranded as 4G Ventures, and managing director and general counsel for IT Recycle, LLC, a cell phone recycling start-up.</p>
<p>“The creation of this new role had its genesis in identifying someone who had the requisite industry experience and legal discernment but also who operates as a business enabler and, most importantly, was a great cultural fit,” said Drew Hardy, president, Twenty Four Seven Hotels. “For us, the role of legal counsel is not just managing the legal risks but being a strategic business partner who understands the pressure points, strategy and objectives of our business and effectively communicates the risks and legal issues involved to our decision making. Given Gabe’s skill set, key areas in which this role will have its most significant impact will be increasing efficiency, reducing costs and mitigating risks internally across company departments while advising on and facilitating our growth goals as we continue to add new properties and services.”</p>
<p><strong>About Twenty Four Seven Hotels</strong></p>
<p>Twenty Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development. Founded in 2004, the company specializes in the premium brand select-service segment. The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty Four Seven Hotel’s current portfolio includes 26 hotels in four states with approximately 3,500 rooms nationwide. For more information on Twenty Four Seven Hotels, visit <a href="https://247hotels.com/">www.247hotels.com</a>.</p>


Gabriel Coy, Vice President and General Counsel

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Gabriel-Coy

Twenty Four Seven Hotels Names Gabriel Coy Vice-President & General Counsel

Twenty Four Seven Hotels Names Gabriel Coy Vice-President & General Counsel - 247 Hotels

<h3>Twenty Four Seven Hotels Announces Grand Opening of 108-Room Hampton Inn &amp; Suites Rancho Cucamonga</h3>
<p>NEWPORT BEACH, Calif., August 1, 2022—<a href="https://247hotels.com/">Twenty Four Seven Hotels</a>, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced the grand opening of the 108-room Hampton Inn &amp; Suites Rancho Cucamonga in Calif. The new addition brings the company’s total portfolio to 26 hotels, 17 of which are in the Golden State.</p>
<p><img decoding="async" loading="lazy" class="alignnone size-full wp-image-1656" src="https://login.247hotels.com/wp-content/uploads/2022/12/49-DSC_8370_1_2_3_4.jpg" alt="Hampton Inn &amp; Suites Rancho Cucamonga" width="2200" height="1467" /></p>
<p>“Twenty Four Seven Hotels remains geographically focused on the Western region as we work to expand our portfolio of upscale, select-service hotels,” said David Wani, CEO, Twenty Four Seven Hotels. “By prioritizing our relationships with our owners and brands, we are able to remain nimble and readily available to interact with any of our clients at a moment’s notice. Our goal is to make sure none of our hotels ever get lost in the shuffle as we pursue excellence as a third-party hotel operator.”</p>
<p>Located just off Interstates 10 and 15 at 11669 Foothill Blvd., the pet-friendly hotel is minutes away from the Ontario International Airport, Victoria Gardens, Ontario Mills Mall, Toyota Arena and many large corporations. Hotel amenities include a heated, outdoor pool, 24/7 marketplace with snacks and beverages, complimentary Wi-Fi, free hot breakfast, state-of-the-art fitness center and a 600 square foot meeting room. Guest rooms and suites feature microwaves and refrigerators.</p>
<p>“Following its ramp-up period, we fully expect the Hampton Inn &amp; Suites Rancho Cucamonga to take its rightful place as the market and segment leader for business and leisure travelers to this unique foothill city in Southern California,” Wani added.</p>
<p><b>About Twenty Four Seven Hotels</b></p>
<p>Twenty Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development. Founded in 2004, the company specializes in the premium brand select-service segment. The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty Four Seven Hotel’s current portfolio includes 26 hotels in four states with approximately 3,500 rooms nationwide. For more information on Twenty Four Seven Hotels, visit <a href="https://247hotels.com/">www.247hotels.com</a>.</p>


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Twenty Four Seven Hotels Announces Grand Opening of 108-Room Hampton Inn & Suites Rancho Cucamonga

Twenty Four Seven Hotels Announces Grand Opening of 108-Room Hampton Inn & Suites Rancho Cucamonga - 247 Hotels

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<h3><strong>Twenty Four Seven Hotels Announces 1Q22 Results; Portfolio Outperforms Industry in Occupancy, Rate and Revenue Per Available Room </strong></h3>
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<h5><em>Third-Party Management Company Also Adds Two Hotels </em><em>and Expands Corporate and Property-Level Team Leadership</em></h5>
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<p>NEWPORT BEACH, Calif., June 6, 2022—Officials of Twenty Four Seven Hotels, a third-party hospitality management company for premium brand select-service and lifestyle hotels segments in the western U.S., today released the company’s first quarter results for 2022.  Through the first three months of the year, the company’s portfolio consistently outperformed national industry averages as measured by STR, leading in occupancy, rate and revenue per available room (RevPAR).  The company also announced that it added the 125-room Cambria Hotel Calabasas and the 120-room Hilton Garden Inn Temecula to its portfolio, expanding their foot point in key Southern California destinations, as well as grew its leadership teams at both the corporate- and property-levels.</p>
<p>“We continue to ride the massive wave of momentum that began for Twenty Four Seven Hotels in 2021, when our portfolio grew by 25 percent with the addition of seven new hotels now totaling 25 hotels with more than 3,100 rooms,” said David Wani, CEO, Twenty Four Seven Hotels.  “We will continue to seek third-party management opportunities with well-respected partners and brands in the Western United States, expanding our concentration in these unique markets where we have firsthand experience improving bottom lines and guest satisfaction scores.”</p>
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<p>The following chart represents the company’s 1Q results versus the national industry average:</p>
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<tbody>
<tr>
<td width="195"><strong>Month</strong></td>
<td width="180"><strong>Occupancy</strong></td>
<td width="210"><strong>ADR</strong></td>
<td width="195"><strong>RevPAR</strong></td>
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<tr>
<td width="195">January</td>
<td width="180">62.9% vs 53.3%</td>
<td width="210">$142.66 vs $135.28</td>
<td width="195">$89.73 vs $72.15</td>
</tr>
<tr>
<td width="195">February</td>
<td width="180">67.8% vs 56.9%</td>
<td width="210">$160.99 vs 137.39</td>
<td width="195">$109.10 vs $78.24</td>
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<tr>
<td width="195">March</td>
<td width="180">76% vs 64%</td>
<td width="210">$174.02 vs $146.61</td>
<td width="195">$132.25 vs. $93.82</td>
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<p>“Our development pipeline remains robust, with six hotel openings planned for 2022, two of which we expect to announce in the coming weeks.  Our 2022 budgets already are being exceeded due to a significant increase in ADR across the portfolio.  We will continue pursuing an aggressive but measured growth path as we expand our footprint with existing partners who have experienced our successes firsthand and new partners seeking similar results.”</p>
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<p><strong>Cambria Hotel Calabasas</strong></p>
<p>Twenty Four Seven Hotels celebrated the Cambria Hotel Calabasas opening in March on behalf of the California-based Weintraub Real Estate Group.  The three-story hotel is situated at 26400 Rondell Street, adjacent to the Santa Monica Mountains and a short drive through Malibu Canyon to Malibu’s pristine beaches.  Nearby attractions include Malibu Creek State Park, the Ronald Regan Presidential Library, Pepperdine University and the corporate headquarters of companies including Cheesecake Factory and Harbor Freight.  Hotel amenities include an outdoor pool, open-air dining patio, onsite barista coffee bar, nearly 2,000 square feet of meeting space and a state-of-the-art fitness center.</p>
<p><img decoding="async" loading="lazy" class="alignnone size-full wp-image-1851" src="https://login.247hotels.com/wp-content/uploads/2022/06/Cambria-Hotel-Calabasas-Front-Desk-Small-1.jpg" alt="Cambria Hotel Calabasas Lobby" width="2048" height="1366" /></p>
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<p><strong>Hilton Garden Inn Temecula</strong></p>
<p>The 104-room Hilton Garden Inn Temecula opened under Twenty Four Seven Hotels management in March.  Owned by Wellprofit LLC, the three-story hotel is located just off I-15 at 28210 Jefferson Ave., less than a mile from the specialty shops and restaurants in Old Town Temecula.  The pet-friendly property provides an outdoor pool, EV charging stations, 24/7 fitness center, 1,368 square feet of meeting space and an outdoor patio with grills.  Digital key-accessible rooms are equipped with complimentary Wi-Fi.</p>
<p>“The Cambria Hotel Calabasas marks our second Cambria, while the Hilton Garden Inn is our sixth Hilton branded hotel, growing our portfolio to 18 properties in California,” Wani noted.  “This allows us to implement shared best practices and utilize economies of scale immediately, important steps that will allow the hotels to ramp up more quickly as they work toward becoming the market leaders in their segments.”</p>
<p><img decoding="async" loading="lazy" class="alignnone size-full wp-image-1661" src="https://login.247hotels.com/wp-content/uploads/2022/11/54-AAM_9542_3_4_5_6-1.jpg" alt="Hilton Garden Inn Temecula" width="2200" height="1467" /></p>
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<p><strong>Executive- and Property-Level Leadership Growth</strong></p>
<p>To accommodate its impressive growth, Twenty Four Seven Hotels also has added multiple executive team members at the corporate level, as well as seven general managers at the property level.  The new leaders include naming Amanda Hawkins-Vogel executive vice president of operations, Dennis Eichen vice president of finance, Andre Heard director of information technology, and Sarah Crowe director of marketing and communications.</p>
<p>“Amanda, Dennis, Andre, and Sarah are tasked with helping Twenty Four Seven achieve its next level of growth and success,” Wani said.  “As our portfolio grows, our company requires expanded talent and dedication to continue producing the industry-beating results for which we’ve become known.  We maintain a laser focus on expanding the profitability of our hotels and understand that to achieve our goals, our team must grow.  We consider ourselves fortunate to have these talented individuals join our team, particularly when top quality talent is in such great demand within our industry.”</p>
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<p><strong>About Twenty Four Seven Hotels</strong></p>
<p>Twenty Four Seven Hotels is a third-party management company that delivers highly specialized services in hotel operations, investment and development.  Founded in 2004, the company specializes in the premium brand select-service segment.  The company partners with premium hospitality brands including Marriott, Hilton, Hyatt, IHG and Choice. Twenty Four Seven Hotel’s current portfolio includes 25 hotels in four states with approximately 3,500 rooms nationwide.  For more information on Twenty Four Seven Hotels, visit <a href="http://www.247hotels.com/">www.247hotels.com</a>.</p>
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Twenty Four Seven Hotels Announces 1Q22 Results; Portfolio Outperforms Industry in Occupancy, Rate and Revenue Per Available Room 

Twenty Four Seven Hotels Announces 1Q22 Results; Portfolio Outperforms Industry in Occupancy, Rate and Revenue Per Available Room - 247 Hotels

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<h3>Twenty Four Seven Hotels Adds Amanda Hawkins-Vogel Executive Vice President of Operations to Bolster Performance and Growth</h3>
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<p>NEWPORT BEACH, CA (March 17, 2022) – Twenty Four Seven Hotels, a leading Southern California based hospitality management company with headquarters in Newport Beach, is pleased to announce that Amanda Hawkins-Vogel, a 30-year hospitality veteran, has joined the company as the new Executive Vice President of Operations for their expanding portfolio of hotel properties.</p>
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<p>“We are delighted that Amanda has joined our team at this pivotal time of growth for Twenty Four Seven Hotels,” said CEO David Wani. “Amanda’s expertise of creating and executing strategic vision, implementing innovative operational strategies, and her dynamic leadership adds a tremendous amount of talent to the company.”</p>
<p>In her new role, Hawkins-Vogel will rely on her extensive operations acumen and proven track record of profit maximization to strategically lead all operations of Twenty Four Seven Hotels’ portfolio to exceed investment objectives. In addition to overseeing the operations team, her position will lead new hotel openings and the daily operations of the portfolio with a laser focus on increasing efficiencies as well as elevating the guest experience.</p>
<p>“As we come out of these most trying times, I have such optimism for the future of hospitality,” says Hawkins-Vogel. “Twenty Four Seven Hotels has an incredible family of brands and continues to craft inspiring experiences not only for our guests, but for our associates and by doing so ensuring maximum returns for ownership. I’m thrilled to be joining the company.”</p>
<p>Most recently, Hawkins-Vogel was SVP of Operations for Crescent Hotels &amp; Resorts and prior to that VP of Operations for Sage Hospitality Group. She also has held various corporate and hotel leadership roles internationally across multiple top chain and luxury brands. Having spent her entire career in hospitality, Hawkins-Vogel brings a unique perspective to the role with experience in hotel leadership positions in Asia, Australia  and the US.</p>
<p>Founded in 2004, Twenty Four Seven Hotels continues to strengthen its’ presence as a sought-after hotel management company and development partner. The company plans to further their expansion throughout the western United States with six planned new openings during 2022.</p>
<p>For information on development and management opportunities, contact Gary Gray, Chief Investment Officer at <a href="mailto:ggray@247hotels.com">ggray@247hotels.com</a>.</p>
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<p><strong>About Twenty Four Seven Hotels</strong></p>
<p>An entrepreneurial and spirited hospitality company, Twenty Four Seven Hotels delivers highly specialized services in hotel management, investment, and development. After more than a decade of focusing on the premium brand select-service segment, Twenty Four Seven Hotels has firmly established itself in the newly emerging lifestyle brand segment in launching the first MOXY hotel from Marriott to open in the United States. Concentrated in the western United States, Twenty Four Seven Hotels continues to invest in high caliber hospitality talent to support its growing portfolio of hotels in partnership with premium hospitality brands including Marriott, Hilton, Hyatt and IHG. For more information on Twenty Four Seven Hotels, visit <a href="http://www.247hotels.com/">www.247hotels.com</a> and connect on LinkedIn.</p>
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Amanda Hawkins-Vogel, Executive Vice President of Operations

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Twenty Four Seven Hotels Adds Amanda Hawkins-Vogel Executive Vice President of Operations to Bolster Performance and Growth

Twenty Four Seven Hotels Adds Amanda Hawkins-Vogel Executive Vice President of Operations to Bolster Performance and Growth - 247 Hotels

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