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| Charles Snyder |
SHELTON, CT, Dec. 7, 2016—Gerry Chase, president and COO of New Castle Hotels & Resorts, a leading
third-party management company and hotel developer, today announced the
promotion of Charles Snyder to vice
president of acquisitions and development for the company’s growing portfolio
of hotels in the US and Canada.
Snyder joined the company in 2012 charged with
evaluating potential acquisitions, development and co-investment
opportunities. His recent accomplishments include the acquisition of the Hampton Inn & Suites Milwaukee Downtown,
the acquisition, renovation and rebranding of the recently opened Fairfield Inn & Suites New Orleans Downtown French
Quarter Area and the initial development of the dual-brand Residence Inn/Courtyard by Marriott which
broke ground in Dartmouth, Nova Scotia in October.
“Since joining New Castle, Charles has played
a critical role in not only bringing new deals to fruition, but in helping to
divest assets in a strategically sound and timely fashion,” said Chase.
“He brings to his work an analyst’s critical eye and an entrepreneur’s heart
for opportunity; a valuable combination of skills and talents in any phase of
the investment cycle.”
Snyder’s hotel industry
background includes positions with Smith Travel Research, where he was part of
the team that launched HotelNewsNow.com
and PhoCusWright. Prior to joining New Castle, Snyder was part of the hotel
capital advisory team at The Ackman-Ziff Real Estate Group in New York
City. He earned his MBA from New York University’s Stern School of
Business and a BS from Penn State University’s Smeal College of Business.
For a complete copy of the company’s news
release, please contact:
Lauralee Dobbins
Write Touch Public Relations
609-451-5102
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