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People on the move at Chesapeake, Aimbridge and more

Executives in the hospitality industry have taken on new roles. Here’s a look: Chesapeake promotes Ferrara and Smith Chesapeake Hospitality has promoted Clifford Ferrara
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The Axton Group Acquires Renaissance Austin Hotel for $70M

SAN FRANCISCO—An affiliate of The Axton Group revealed that the firm has closed on the acquisition of the Renaissance Austin Hotel for $70 million.
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Who’s Buying, Selling and Financing?

NATIONAL REPORT—Xenia Hotels & Resorts, HSF, JLL and Mag Mile have all completed hotel transactions. Here’s more on the recent deals across the industry:
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