Michael MuellerMueller will now lead the company as its CEO. Prior to founding NYLO, Mueller spent 15 years with Starwood Capital Group and Starwood Hotels & Resorts where he played a key role in the creation and growth of Starwood Hotels and the W brand. During his career, Mueller has been responsible for more than $20 billion of real estate transactions and has earned a solid reputation as a leading executive in the hotel industry's boutique segment. "Despite the worst recession in generations, NYLO has not just survived, it has prospered," Mueller said. "I am confident that as a result of the recent restructuring, NYLO is now positioned to capitalize on its highly innovative and successful brand and to grow."