News for the Hospitality Executive
Aimbridge Hospitality Promotes Robert Burg to
Executive Vice President, Chief Operating Officer
Recognized for his Role in Growing Company from 8 Hotels in 2003 to 42 Hotels in 2008
TEXAS — JUNE 5, 2008 — Dave Johnson, President and CEO of Aimbridge Hospitality,
announces the promotion of Robert Burg to Executive Vice President and
Chief Operating Officer. Burg, who has been with the real-estate investment
and management company since its inception in 2003, previously served as
Senior VP of Operations.
“Following five years of unprecedented growth, Aimbridge Hospitality now boasts 42 hotels under management, eight additional hotels under development and more than $300 million in annual revenue,” Johnson said. “Each employee has played an important role in bringing us to this milestone. Yet no one individual has played a more prominent role in our company growth and success than Robert Burg.
“Under Robert’s leadership, we have accumulated a wealth of talent, camaraderie and outstanding financial results,” he said. “That reason, and many others, has earned him this well-deserved promotion.”
Prior to joining Aimbridge, Burg served as Senior Vice President, Operations of Wyndham Hotels and provided more than 12 ½ years of experience in a variety of capacities.
Prior to leaving Wyndham, Burg lead the entire Summerfield Suites brand in operations, development, and revenue for the upscale, extended-stay product.
As EVP and COO, Burg will remain in charge of overall hotel operations and project development/capital projects. His proven track record of increasing market penetration and increasing GOP above industry benchmarks is expected to carry Aimbridge Hospitality to new heights.
Opportunities Abound at Aimbridge
“The most attractive value that Aimbridge possesses, is that it will always be high touch, accessible, and tangible to its employee’s and owners,” Burg said. “This is a very attractive quality, because it allows team members on all levels to be personal, non-bureaucratic and very nimble.
“It has been an honor to work for Aimbridge Hospitality over the past years,” he added. “Not only has it been exciting to watch our company grow to more than 40 hotels in 5 years, but Les Bentley [Aimbridge Hospitality Chairman] and Dave Johnson have created an environment that provides opportunities at every level of the organization. We, the executive team, are our employee’s biggest fans, and visa versa. At Aimbridge Hospitality, no one goes unrecognized.”
Johnson said that with a strong, experienced management team leading its growth and development success, he expects the company will continue generating substantial returns for its investment partners. With Burg in this new role, he said he expects the company to hit an 80-hotel portfolio sooner, rather than later.
“With partners like Robert Burg at your side and in our owners’ and employees’ corner, Aimbridge Hospitality is destined to succeed,” Johnson said.
About Aimbridge Hospitality
|Also See:||Aimbridge Hospitality Awards Properties, Personnel for Outstanding Performance; Patti Patenaude and Dave Pappas Named ‘GM of the Year’ / May 2008|
|Apollo Real Estate Investment Fund V, L.P., Aimbridge Hospitality, L.P. and JF Capital Advisors, LLC Complete Merger with Eagle Hospitality Properties Trust, Inc. / September 2007|