A GLOBAL LOOK AT HOTEL CEO TENURE

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HOTEL NEWS NOW (STR)

Here’s a look at the tenure for CEOs of the TOP 10 GLOBAL hotel companies.

Data & Analytics

A GLOBAL LOOK
AT HOTEL CEO TENURE
Here’s a look at the tenure for CEOs of the
TOP 10 GLOBAL hotel companies.
Data as of 31 August 2015
*CEO on an interim basis
David Kong
10 YRS | 11 MO.
© 2015 STR, Inc. All Rights Reserved. illustrations: jon edwards
Source: HNN research
David Jian Sun
Chris Nassetta
10 YRS | 8 MO.
7 YRS | 8 MO.
7 YRS | 1 MO.
Steve Joyce
Richard Solomons
4 YRS | 1 MO.
3 YRS | 5 MO.
Arne Sorenson
2 YRS
Sebastien Bazin
1 YR | 4 MO.
Geoff Ballotti
6 MO.
Adam Aron*
3 MO.
David Berg

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December saw no calendar shifts, and the amount of weekdays and weekends remained the same. The argument could be made that because the 31st fell on a Thursday (making the following Friday a holiday and hence producing a very long weekend) it could have enticed longer trips, but we did not see any of that, said Jan Freitag, SVP of lodging insights at HNN’s parent company STR. Here are five things you need to know about December’s hotel performance.

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If you take into consideration that the lowest RevPAR performance month was because of the Labor Day comp in August, November was really a new low point. Jan Freitag, senior VP of lodging insights for HNN parent company STR, breaks down performance data in the United States for November, saying the calendar did not help matters because we lost a Saturday (a high demand day) and gained a Monday (a so-so demand day) compared to November 2014. But this one day is not enough to really move the needle, so we have to come to terms with some underlying structural weakness that might be with us for some time to come. Here are five things to know about November’s data.

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A GLOBAL LOOK AT HOTEL CEO TENURE

1. A GLOBAL LOOK AT HOTEL CEO TENURE Here’s a look at the tenure for CEOs of the TOP 10 GLOBAL hotel companies. Data as of 31 August 2015 *CEO on an interim basis David Kong 10 YRS | 11 MO. © 2015 STR, Inc. All Rights Reserved. illustrations: jon edwards Source: HNN research David Jian Sun Chris Nassetta 10 YRS | 8 MO. 7 YRS | 8 MO. 7 YRS | 1 MO. Steve Joyce Richard Solomons 4 YRS | 1 MO. 3 YRS | 5 MO. Arne Sorenson 2 YRS Sebastien Bazin 1 YR | 4 MO. Geoff Ballotti 6 MO. Adam Aron* 3 MO. David Berg