Edmonds, Wash. — June
2,
2011 — The Hotel Group (THG), a nationally recognized Top 50
hotel company that currently manages
and/or owns 25 properties representing 12 brands and one independent
hotel
across 10 states, announced that Georgia hotel veteran Meri Goldstein
has
joined the organization as Director of Acquisitions and Business
Development.
Goldstein will focus primarily on securing new acquisitions for THG's
Opportunity Fund IV, and other capital partners as well as adding to
the
company's growing portfolio of third-party management opportunities.
Most recently, the Cornell University School
of Hotel Administration graduate and former PKF Consulting advisor
served as Manager
of Strategic Investments for Noble
Investment Group in Atlanta. In that role, Goldstein actively
participated in all steps of the investment process; including
underwriting,
market research, due diligence, closings, and transitions for nearly
$500
million worth of real estate transactions. As a Georgia resident, she
presently
serves as the Cornell Hotel Society Georgia Chapter President, and is a
member
of the Junior League of Atlanta.
"It is truly a privilege to join an
organization such as THG that attracts strong industry leaders and has
a family
culture as its core," Goldstein said. "The fact that THG has such a
high average corporate tenure speaks volumes. I was drawn to the
company's
ability to generate maximum investment value for owners, and compelled
by its
willingness to create professional growth opportunities for its
associates. THG
is a leader in hotel ownership and management and is consistently
successful in turning around underperforming properties and making them
market
leaders. I am proud to be working among the industry’s finest hotel
executives."
Working
under the direction of President & CEO, Douglas Dreher, Goldstein
will
operate from THG's regional office in Atlanta.
“While THG continues to grow exponentially -- with
three deals in the pipeline -- Meri will be a tremendous asset to the
business
development team by identifying acquisition and third-party management
opportunities for us," Dreher said. "With her experience and
enthusiasm, Meri will position The Hotel Group for sustained, healthy
growth in
2011 and beyond."
About The Hotel Group
THG is a nationally recognized Top 50 hotel
company and currently
manages and/or owns 25 properties in 10 states, representing
12 brands and employs more than 1,400 people. Since its inception in
1984, THG
has managed more than 100 properties in 20 states, directed the design
and
construction of 30 new hotels, completed the acquisition of more than
$125
million in private investment as the sponsor of Hotel Group Opportunity
Funds
I, II, III and IV. For more information, visit www.thehotelgroup.com
or call 425-771-1788.