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| Joe DeFrank |
WASHINGTON, DC – CHMWarnick,
the preeminent asset manager and business advisor to the hospitality industry,
today appointed Joe DeFrank (CHAM) to the position of senior vice-president and
asset manager.
DeFrank will join Craig A. Mason (CHAM), executive vice president, in the company’s recently established Washington, D.C. Metro office and further cement the company’s presence in the mid-Atlantic region.
DeFrank will join Craig A. Mason (CHAM), executive vice president, in the company’s recently established Washington, D.C. Metro office and further cement the company’s presence in the mid-Atlantic region.
“Throughout his nearly 35-year career in the hospitality/real estate industry,
Joe has remained laser focused on achieving ownership’s objectives, from
increasing cash flow to maximizing long-term value, which aligns perfectly with
our own hotel asset management philosophy,” said Ken Wilson, managing director
and co-chairman, CHMWarnick.
“Joe also is a longtime member of the Hospitality Asset Managers Association (HAMA) and has earned the prestigious Certified Hotel Asset Manager (CHAM) designation, making him the sixth CHMWarnick professional to hold the standard-bearing title.
"No other industry entity can boast as many accredited hotel asset managers. His expertise and experience undoubtedly will help our company expand and solidify its presence in the mid-Atlantic.”
“Joe also is a longtime member of the Hospitality Asset Managers Association (HAMA) and has earned the prestigious Certified Hotel Asset Manager (CHAM) designation, making him the sixth CHMWarnick professional to hold the standard-bearing title.
"No other industry entity can boast as many accredited hotel asset managers. His expertise and experience undoubtedly will help our company expand and solidify its presence in the mid-Atlantic.”
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| Craig A. Mason |
Previously, DeFrank was a senior-vice president of asset management for Host
Hotels & Resorts and was responsible for a portfolio of approximately 40
hotels with 20,000-plus rooms throughout the southeastern and central regions
of the U.S., as well as Mexico and Latin America.
The portfolio included a diversified mix of full-service Marriott, Ritz-Carlton, Hyatt, Hilton, Accor and independently branded hotels.
DeFrank also held several prominant positions within Marriott International for nearly a decade and a half, culminating in director of finance. He earned his Bachelor of Science degree in accounting with an emphasis in finance from the Smeal School of Business at Pennsylvania State University.
DeFrank also received a Certificate in
Strategic Hospitality Management from Cornell University’s Professional
Development Program. He is a member of the Marriott International Westin
Brand Ownership Advisory Board and the AH&LA’s Food & Beverage
Committee and Sustainability Committee.
The portfolio included a diversified mix of full-service Marriott, Ritz-Carlton, Hyatt, Hilton, Accor and independently branded hotels.
DeFrank also held several prominant positions within Marriott International for nearly a decade and a half, culminating in director of finance. He earned his Bachelor of Science degree in accounting with an emphasis in finance from the Smeal School of Business at Pennsylvania State University.
“The opportunity to both work for the most respected third-party hotel asset
management and development advisory company in the United States and rejoin
Craig, with whom I’ve worked in the past, as he gears up the company’s
mid-Atlantic and South Atlantic presence was one I could not pass up,” noted
DeFrank.
“For the past decade and a half, I have worked exhaustively throughout the region, amassing local insights and determining best practices that ultimately benefit owners as they seek to maximize the return on their investment.”
“For the past decade and a half, I have worked exhaustively throughout the region, amassing local insights and determining best practices that ultimately benefit owners as they seek to maximize the return on their investment.”
For more information, contact 978.522.7002 or visit www.CHMWarnick.com.
For the latest company news, follow CHMWarnick on Twitter @CHMWarnick and LinkedIn.
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CONTACT:
CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553
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