Business
American Hotel Income Properties REIT LP Appoints Bruce Pittet as New Senior Vice President, Asset Management & Chief Operating Officer
American Hotel Income Properties REIT LP Appoints Bruce Pittet as New Senior Vice Presiden...
About this update from American Hotel Income Properties Reit Lp
[{"type":"text","content":"\n\n\n\nAmerican Hotel Income Properties REIT LP Appoints Bruce Pittet as New Senior Vice President, Asset Management & Chief Operating Officer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAmerican Hotel Income Properties REIT LP Appoints Bruce Pittet as New Senior Vice President, Asset Management & Chief Operating Officer\nCanada NewsWire\nVANCOUVER, April 29, 2019\n\n\n\nVANCOUVER, April 29, 2019 /CNW/ - American Hotel Income Properties REIT LP (\"AHIP\" or the \"company\") (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce Mr. Bruce Pittet has been appointed Senior Vice President, Asset Management & Chief Operating Officer, effective May 1, 2019.  In this role, Mr. Pittet will be a key executive leader of the company and its U.S. subsidiaries, and will be responsible for AHIP's hotel profitability through working with its independent hotel manager; leading AHIP's hotel renovations program – including the allocation of reserve capital towards hotel projects; and brand relations with AHIP's hotel brand partners: Hilton, Marriott, IHG, Choice and Wyndham Hotels. Bruce and AHIP's Asset Management team will also play an instrumental role in assessing hotel and market opportunities to ensure the company's properties are located in desirable markets and that AHIP has the right hotel offering to maximize revenue opportunities.\n\n \n \n\n \n\"We are very excited to welcome Bruce to our team,\" said John O'Neill, CEO.  \"The breadth of his hotel management expertise and his strong familiarity with our hotel portfolio will be invaluable as we continue driving organic growth through our 112 properties – including those that have recently received significant renovations.  Bruce's role will be focused on driving higher margins and income from our hotels through our third-party manager, overseeing AHIP's hotel renovation strategy, and working closely with our brand partners to further align our interests.\"\nMr. Pittet is a seasoned hospitality executive, with more than 30 years of hotel management, planning and operating ex...