Hotel Equities and Springboard Hospitality enter merger
From Yahoo Finance: 2025-05-07 11:52:00
Hotel Equities and Springboard Hospitality have merged, creating a unique hotel management company with different capabilities. The joint entity will manage properties across the US, Canada, the Caribbean, and Latin America, including urban centers, resorts, and outdoor locations. Ben Rafter will lead the new company as CEO, with Brad Rahinsky as chairman. The merger combines Hotel Equities’ purchasing power and North American presence with Springboard’s expertise in commercial strategy and technology. The company will offer a range of services from capital planning to revenue management. They plan to announce key hires and expanded services in the future.
Read more at Yahoo Finance: Hotel Equities and Springboard Hospitality enter merger