Knighton Appointed President and COO of Interstate
Monday July 9th, 2012 - 10:07AM
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ARLINGTON, VA—Interstate Hotels & Resorts has promoted Samuel E. "Ted" Knighton to president and COO.
Formerly COO, Knighton now oversees global operations of the company’s 400 managed and owned hotels. Knighton has been with the company since 1990.
“Since assuming the responsibilities of chief operating officer in December, Ted has taken on an even more expansive role as we integrate operations and sales worldwide,” Jim Abrahamson, Interstate’s CEO, said in a statement. “He has developed a strong team with incredible depth who are actively engaged in improving and expanding our global operations platform. This promotion reflects his accomplishments and the tremendous value and exceptional operations experience that he brings to our international growth strategy.”
Previously, Knighton was president of hotel operations for Interstate’s North American portfolio.
Tags: Hospitality Brands
The most recent NYU Conference, earlier this month proved, once and for all, that the lodging industry has finally turned the corner and happy days are, indeed, here again. While the economists and pundits all provided plenty of anecdotal evidence to bear that out in terms of supply and demand ratios, RevPAR projections, asset values and all the other metrics, that’s not what has me convinced.