DALLAS, May 15, 2019 /PRNewswire/ -- Ashford Inc. (NYSE
American: AINC) and Premier Project Management ("Premier" or the
"Company") announced today that Donald R.
Kelly has been appointed Co-Chief Executive Officer,
effective May 15, 2019. Kelly
will work alongside Mark Matz, who
is being promoted from Co-President and Chief Operating Officer to
Co-Chief Executive Officer and Chief Operating Officer, to drive
growth both within Premier's current business lines and to execute
on new growth initiatives.
Kelly is an accomplished executive and industry veteran with
deep commercial and operational expertise. He joins Premier
after having served as the Chief Commercial Officer of Onyx
CenterSource, a leading provider of B2B payment processing and
recovery solutions for hotels and agencies. Kelly has held
several senior leadership roles throughout his career, including
with Cvent Inc., a publicly-held software-as-a-service company that
specializes in meeting management technology, Hilton Worldwide,
Accor/Sofitel Hotels and Resorts Worldwide, Destination Hotels and
Resorts, and Hyatt Resorts Hawaii. He holds a B.S. in Hotel
and Restaurant Management from the University
of Houston.
"Don is a seasoned executive whose demonstrated industry
expertise will help drive Premier's next phase of growth" commented
Monty J. Bennett, Ashford's Chairman
and Chief Executive Officer. "His track record of driving revenue
improvements and optimizing operations will allow Premier to
capitalize on the significant growth opportunities that lie
ahead."
"I am honored to be joining Premier's management team, working
closely with Mark Matz," added
Kelly. "Premier is a leader in renovating, converting,
developing and repositioning hotels, with best-in-class, turnkey
project management services, and I look forward to leading its
current growth initiatives as well as identifying and executing on
future business opportunities."
About Premier Project Management
Premier Project Management provides comprehensive and
cost-effective design, development, architecture, procurement, and
project management services to the hospitality industry. It
provides project oversight, coordination, planning, and execution
of renovation, capital expenditure or ground-up development
projects. Its operations are responsible for managing and
implementing substantially all capital improvements at hotels owned
by Ashford Hospitality Trust, Inc. (NYSE: AHT) and Braemar
Hotels & Resorts, Inc. (NYSE: BHR). Additionally, it has
extensive experience working with many of the major hotel brands in
the areas of renovating, converting, developing and repositioning
hotels.
Ashford Inc. owns a 100% interest in Premier, and provides
global asset management, investment management and related services
to the real estate and hospitality sectors.
Follow Chairman and CEO Monty
Bennett on Twitter at www.twitter.com/MBennettAshford or
@MBennettAshford.
Ashford has created an Ashford App for the hospitality REIT
investor community. The Ashford App is available for free
download at Apple's App Store and
the Google Play Store by searching "Ashford."
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SOURCE Ashford Inc.