Mike Wernet has been appointed as Senior Vice President, Asset Management at JLL Hotels & Hospitality
LL Hotels & Hospitality continues to expand its global asset management practice by adding accomplished industry veteran, Mike Wernet, as a Senior Vice President, Asset Management, to the team. Wernet will be based at JLL's Chicago, Illinois headquarters and report directly to Andrea Grigg, Senior Managing Director and Head of Global Hotel Asset Management.
Wernet will oversee the portfolio of diverse full- and select-service hotels located in key gateway markets throughout the United States.
Prior, Wernet served as a Vice President of Finance Planning and Analytics for RLJ Lodging Trust, where he initiated company-wide benchmarking to drive profitability and implemented new processes and reporting for cost containment during the pandemic. In addition, Wernet spent 25 years at White Lodging Services Corporation, holding various leadership positions, including most recently serving as the Vice President of Asset Management and Capital Administration, where he managed and led firm-wide business planning and the annual budgeting process for over 160 diverse assets.
Wernet earned his Bachelor of Science from United States International University in London, England, where he studied hotel/motel administration and management. He is also a Certified Hotel Asset Manager (CHAM) by the Hotel Asset Management Association (HAMA), an asset management-focused hospitality network with over 200 industry professionals.