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Michele Reing Appointed Chief Financial Officer
for CapStar Hotel Company
WASHINGTON, D.C., May 14, 2007 – CapStar Hotel Company LLC, a privately held hotel investment company, today announced that Michele Reing has joined the company as chief financial officer.  Reing will oversee property level and owner accounting, financial reporting, due diligence, renovation and capital expenditure accounting and cash management. 

“Michele brings more than 15 years of experience in all aspects of finance and accounting,” said Paul Whetsell, president and CEO of CapStar. “She also has in-depth expertise in complex debt financings and has been involved in almost $1 billion of hotel acquisitions, dispositions and mergers.”

Reing previously was vice president of finance for MeriStar Hospitality Corporation. She represented the company in its acquisitions and dispositions, worked on two proposed and one actual merger, created an internal audit department, and directed the company’s accounting and financial reporting, including property accounting for more than 100 properties, corporate general accounting, SEC reporting, and construction accounting.  

Most recently, Reing was vice president and corporate controller at Analex Corporation, where her responsibilities included oversight of a 20-person accounting department, SEC reporting, and compliance with establishing and monitoring a system of adherence to Analex’s internal control policies.  Reing holds a Bachelor’s of Science in accounting from the University of Maryland, College Park.

CapStar Hotel Company is a hotel investment firm headquartered in Arlington, Va.  The company was founded in 2006 by Paul Whetsell, president and principal, who has more than 30 years of hospitality acquisition and operations expertise.  Prior to forming CapStar, he was chairman and CEO of MeriStar Hospitality Corporation, one of the nation’s largest hotel real estate investment trusts.

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Contact:

Jerry Daly
(703) 435-6293

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Also See: Paul Whetsell's CapStar Hotel Company Acquires First Two Hotels Including the 143-room Copley Square Hotel in Boston from the Saunders Hotel Group / January 2007
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