Hotel Online Special Report Diane Parmerlee Senior Vice President–Development at Wyndham DALLAS – Sept. 20, 1999 – Wyndham International, Inc. (NYSE:WYN) today announced that Diane Parmerlee has been named senior vice president—development. In her new capacity, Parmerlee will assume additional responsibility for overall development. She will help lead a multi-faceted effort, including acquisitions, new development, management contracts, asset conversions and targeted franchising to expand the Wyndham presence in major urban, suburban and resort markets. Parmerlee, who had been senior vice president—development planning, will also retain responsibility for feasibility, due diligence and underwriting for all proprietary branded hotel projects as well as other strategic transactions.
Anne Raymond, executive vice president and chief investment officer, said, “Diane’s in-depth knowledge of our products and our target markets combine to make her the best leader of our growth objectives going forward. I look forward to working with Diane and our great development team to achieve the targeted, profitable growth that will be a cornerstone of the future success of Wyndham International.”
In her 10 years with Wyndham, Parmerlee, 42, has held important positions in marketing and development. An honors graduate of the School of Hotel and Restaurant Administration at Cornell University, Parmerlee holds a B.S. degree in Hotel Administration.
Wyndham International, Inc. owns, leases, manages and franchises primarily upscale and luxury hotel and resort properties and provides management services for third-party owned hotels and resorts. Wyndham’s three operating divisions, Wyndham Hotels Resorts, Grand Bay Hotels and Resorts, and Performance Management Services, represent a combined portfolio of 317 hotels and resorts with a total of more than 74,000 rooms in 38 states as well as Canada, the Caribbean and Europe.
Contact: Wyndham International, Inc., Dallas Fred Stern, 214/863-1258 or Analyst Inquiries: Paul Keung, 214/863-1265 Also See: Wyndham Boston Opens after a $40 Million Redevelopment / Aug 1999 Fred Kleisner Leaves Starwood; Joins Wyndham as President and COO / July 1999