American Hotel Income Properties REIT LP announced on Sept 12 that John O'Neill has been appointed as Chief Executive Officer of AHIP, effective October 1, 2018. O'Neill is an accomplished hospitality professional with over 30 years of experience in hotel investment, development and management. John oversaw the management of AHIP’s hotel operations as the portfolio grew from 32 to 115 hotels over the past six years, while serving as president of ONE Lodging Management Inc. until Aimbridge Hospitality assumed AHIP’s hotel management duties in April 2018. John has a deep understanding of the U.S. hotel industry and thorough knowledge of AHIP's hotel portfolio, making him the best candidate to assume the role of CEO and to lead AHIP into its next growth phase.
This appointment follows an extensive executive search conducted by AHIP’s Board of Directors (the “Board”) over the past four months, which was led by a well-recognized executive recruitment firm. After interviewing and evaluating numerous highly-qualified and impressive candidates, the Board was unanimous and confident in selecting John as AHIP’s new CEO.
“We are pleased that our international search and selection process has concluded with the appointment of John as Chief Executive Officer. He is an impressive hospitality professional with significant experience in the United States and possesses deep institutional knowledge of AHIP’s portfolio,” noted Michael Murphy, Chair of AHIP’s Board of Directors. Murphy continued, “We believe that John’s appointment will mark the beginning of an exciting new chapter for AHIP.”
As CEO, O’Neill will provide effective leadership to AHIP and will work with the Board to set and fulfill AHIP’s strategic objectives. He will also oversee and work with AHIP’s internal asset management team to maximize the performance of AHIP’s existing portfolio and identify suitable M&A and capital recycling strategies to ensure the optimal mix of properties to drive strong long-term results for AHIP’s unitholders.
John O’Neill will succeed Rob O’Neill, AHIP’s co-founder, who has been Chief Executive Officer and a valued Board member since AHIP's inception in 2012. Rob O'Neill will remain on AHIP’s Board following his retirement as CEO in October.
Source: American Hotel Income Properties REIT LP
For more information visit www.ahipreit.com