Two hotel companies — one a behemoth and one a start-up — have new leaders. Last month, Choice Hotels elevated Joe Squeri to president and chief operating officer. The company also named CEO Chuck Ledsinger as vice chairman of the Maryland-based, 10-brand hotel company.

Also last month, veteran franchising executive Steve Belmonte joined Vantage Hospitality as CEO, president and partner of The Lexington Collection, the company's new more-upscale brand.

Squeri's promotion was the result of his natural progression at the company. Since joining the firm in 1997 as vice president and controller, Squeri has had a series of promotions, including one last year in which he was named executive vice president, operations and chief financial officer.

“We've integrated the operating functions of the company, including international, marketing and reservations, under me, while Chuck concentrates on strategic and financial issues,” says Squeri. “Our new brands are unique products that require more attention to manage.”

To support Squeri in his new role, the company made several other appointments: Michael DeSantis to senior VP, senior strategic advisor and corporate secretary; Paul Mamalian to general counsel; David White to CFO; and Scott Oaksmith to controller.

While new to membership organizations like Lexington, Belmonte has years of experience in hotel franchising. During most of the 1990s, he was president and CEO of Ramada.

The Lexington Collection is Vantage's move into the midscale and upscale segments. Its Freestyle Membership Model offers members short-term contracts, no liquidated damages and a menu of amenities from which to choose.

Reprints and Licensing
© 2014 Penton Media Inc.

Acceptable Use Policy
blog comments powered by Disqus

Most Recent

More Recent Articles

Career Center

Quick Job Search
Enter Keyword(s):
Enter a City:

Select a State:

Select a Category:
Franchise Fact File Top Brands
Brand Company Basics Top Management Companies
Owners & Operators Industry Consultants
Industry Associations Industry Events
Design Firms Purchasing Companies
Top Ownership Groups

Click here to view all of the Lodging Hospitality Photo Galleries

Accor Best Western
Carlson Rezidor Choice
Hilton Hyatt
IHG La Quinta
Marriott Starwood
Vantage Wyndham

Free Product Information
News and Trends for the Hotel, Motel, and Hospitality Markets.

Lodging Hospitality eReport
Lodging Hospitality electronic newsletters are FREE to requested subscribers.

Lodging Hospitality Resource Center
The Lodging Hospitality Resource Center is the ultimate resource to find products and services to build, equip, and renovate hotels, motels and resorts.

Subscribe / Renew
Visit our subscription center to subscribe or renew your subscription to Lodging Hospitality.

Visit our webinars page to view all our upcoming and on demand webinars.

Visit our White Papers page to view all our current White Papers.