Promoted Chief Operating Officer (COO)
At Chatham Lodging Trust in Palm Beach - FL, USA
Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it has promoted Dennis M. Craven from chief financial officer to executive vice president and chief operating officer. “With our portfolio of owned and joint-venture hotels now exceeding $3 billion and more than 130 hotels nationwide, combined with our appetite to continue building Chatham into the premier upscale, extended-stay and select-service hotel REIT, it was important for us to add depth to our executive management team,” said Jeffrey H. Fisher, Chatham’s chairman, president and chief executive officer. “Dennis’ promotion recognizes the significant contributions he has made to the company since joining Chatham and Jeremy brings nearly two decades of sophisticated financial and hospitality expertise to Chatham.
“Dennis will remain responsible for Chatham’s overall financial strategy, will lead our expanding asset management, investor and brand relationship functions and oversee the overall operations of Chatham.”