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Wyndham Hotels & Resorts appoints Amit Sripathi as chief development officer
Wyndham Hotels & Resorts has appointed Amit Sripathi as its chief development officer—after its current chief development officer, Chip Ohlsson will be leaving the role in June.
Sripathi will lead Wyndham’s North American franchise sales team as they help hotel owners tap into the power of the world’s largest hotel franchise company and its iconic brands.
Sripathi’s previous role with Wyndham was senior vice president, strategic and corporate development – and he has worked with the company for nearly three years. Before that, he worked at RLJ Lodging Trust, Deutsche Bank and Verizon Business.
In addition, after a successful career, which began at Wyndham’s predecessor company, Hospitality Franchise Systems, Ohlsson helped expand the Wyndham portfolio from 14 to 25 brands including ECHO Suites Extended Stay by Wyndham. A champion for diversity on the franchise sales team and for owners, he was instrumental in creating groundbreaking programs like Women Own the RoomSM (an industry first) and BOLD SM by Wyndham, which help make our industry more diverse while bringing new owners into the Wyndham family.
“Amit’s deep experience in mergers & acquisitions and capital markets focused on the real estate and hospitality sectors at Deutsche Bank and RLJ Lodging are instrumental as we increase our focus on growing our midscale-and-above portfolio while reinforcing our leading position in the resilient select-service segments,” says Ballotti.
“Since joining Wyndham, Amit has demonstrated a strategic approach to growth. He’s helped divest our owned and managed segments leading to a pure-play U.S. franchise business and worked with our sales teams across the country and around the world deploying over $250 million in development support for our owners. He hits the ground running, knowing what our franchise sales teams need to continue outperforming expectations.”
