InTown Suites Taps New President [Travel & Leisure Close - Up]
(Travel & Leisure Close - Up Via Acquire Media NewsEdge) InTown Suites announced that Scott Griffith, President and Chief Executive Officer of the company, decided to step down from his position, as of December 31.
According to a release, current Chief Financial Officer Dennis Cassel assumes leadership of the company in the additional role of President as of January 1.
InTown Suites said Griffith has served as the President and Chief Executive Officer of InTown Suites for nearly 10 years, overseeing a number of key growth initiatives focused on increasing occupancy throughout the company's portfolio of extended-stay properties. Most recently, he played an instrumental role in the company's acquisition by Starwood Capital Group, a private investment firm focused on real estate, in June.
Cassel has served as a member of InTown Suites team for almost nine years overseeing the Company's finances.
"Scott has been a strong leader for InTown for nearly a decade now, successfully guiding the company through significant market challenges. We wish him all the best in his future endeavors," said Steve Hankin, Managing Director at Starwood Capital Group. "Dennis is a talented executive with an impressive track record at InTown Suites, and we look forward to working with him to continue to implement many of our exciting strategic initiatives to grow the company."
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