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Wyndham Hotels & Resorts has appointed Amit Sripathi as Chief Development Officer, reporting directly to President and CEO Geoff Ballotti. In this role, Sripathi will lead Wyndham’s North American franchise sales team, assisting hotel owners in leveraging the power and iconic brands of the world’s largest hotel franchise company.
“Amit’s deep experience in mergers & acquisitions and capital markets focused on the real estate and hospitality sectors at Deutsche Bank and RLJ Lodging are instrumental as we increase our focus on growing our midscale-and-above portfolio while reinforcing our leading position in the resilient select-service segments,” said Ballotti. “Since joining Wyndham, Amit has demonstrated a strategic approach to growth. He’s helped divest our owned and managed segments leading to a pure-play U.S. franchise business and worked with our sales teams across the country and around the world deploying over $250 million in development support for our owners. He hits the ground running, knowing what our franchise sales teams need to continue outperforming expectations.”
“With 15 consecutive quarters of organic net room growth and our largest development pipeline ever, it’s clear that existing and prospective franchisees appreciate Wyndham’s market-share leading brands and the world-class sales, marketing and distribution systems curated for their individual needs,” said Sripathi. “Together with the best franchise sales team Wyndham has ever assembled, we will help even more owners discover the power of partnering with Wyndham and experiencing our Owner-FirstSM approach.”
After a successful career that began at Wyndham’s predecessor, Hospitality Franchise Systems, Chief Development Officer Chip Ohlsson will be leaving the company in June. During his tenure, Chip expanded the Wyndham portfolio from 14 to 25 brands, including the rapid launch of ECHO Suites Extended Stay by Wyndham, the industry’s fastest-growing new-construction brand. A champion for diversity among franchise sales teams and owners, Chip was instrumental in creating groundbreaking programs like Women Own the RoomSM and BOLDSM by Wyndham, both of which have enhanced industry diversity and brought new owners into the Wyndham family.
“From launching his sales career with us in 1993, to returning nearly ten years ago to lead our North America franchise sales teams, Chip has shown unwavering commitment to Wyndham and our franchisees,” said Ballotti. “We are extremely grateful for his proven leadership and ability to attract, promote and develop a best-in-class sales team that consistently delivers, and we wish him all the best.”
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The post Wyndham Hotels & Resorts Welcomes Acclaimed Executive Amit Sripathi as New Chief Development Officer appeared first on Travel And Tour World.”}]] Read More Travel And Tour World HOTEL NEWS, HOTEL NEWS HOME, American travel news, Amit Sripathi, Hotels News, Travel news, Wyndham Hotels & Resorts