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Karyn Marasco, Former Lodgian COO, Appointed 
Regional Managing Director, Americas & 
Caribbean for Le Meridien Hotel Group

December 3, 2001 - Le Meridien Hotel Group has appointed Karyn Marasco Regional Managing Director, Americas & Caribbean, according to Richard Mahoney, Chief Operating Officer. Marasco will supervise and oversee the operations of Le Meridien's owned and managed hotels in the United States, Canada, the Caribbean, and Latin America. She will be based at the company's New York regional office.
    
Since 1997, Marasco has served as Executive Vice President and Chief Operating Officer of Atlanta-based Lodgian, Inc., a publicly traded owner of over 100, multi-brand hotels in the United States. Previously, she spent 18 years in various managerial and senior level operations positions with Westin Hotels & Resorts, most recently as area general manager for six hotels in the Midwest (Chicago) region of the U.S. Other positions with Westin included posts in New York, Boston, San Francisco, and Pittsburgh.
    
"Karen's exceptional leadership skills and extensive knowledge of U.S. hotel markets brings a great deal to Le Meridien," said Mahoney. "She has remarkable focus and an unmatched ability to combine high financial performance with solid guest and employee satisfaction results. We are thrilled to have her on the Meridien team."

Le Meridien is a global hotel group with a portfolio of 144 luxury and upscale hotels (38,085 rooms) in 55 countries worldwide. The majority of its properties are located in the world's top cities and resorts throughout Europe, the Americas, Asia Pacific, Africa and the Middle East. Headquartered in London, the group was purchased by Nomura International plc's Principal Finance Group in July 2001 and merged with Principal Hotels, acquired by Nomura in February 2000. 

 

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Contact:
Le Meridien Hotel Group
http://www.lemeridien.com

Also See David E. Hawthorne Named President and Chief Executive Officer at Lodgian, Inc. / November 2001 


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