BOSTON–(COMMERCIAL THREAD) – Founding partners Rich Warnick, Sandy Luke, Ken Wilson and Chad Crandell of CHMWarnick, the leading provider of hotel asset management and owner advisory services, today announced the member promotions of the management team Kristie Dickinson, Derek Olsen and Larry Trabulsi to the executive director and partner of the firm.
“CHMWarnick wouldn’t be the organization it is today without the invaluable efforts of Kristie, Derek and Larry,” said Chad Crandell, Managing Director / CEO of CHMWarnick. “Together, they have provided 55 years of service to our company and our customers, and we look forward to their continued success as the next generation of senior leaders at CHMWarnick. ”
Kristie Dickinson (ISHC), Managing Director / VP
A 29-year hospitality industry veteran, Dickinson is a founding member of the CHMWarnick team. She has advised clients on over 200 hotels across all product levels. She specializes in developing asset repositioning plans, identifying value improvement strategies, underwriting acquisitions and optimizing value through asset management. Her creativity, business acumen and vision have been integral to CHMWarnick’s growth over the past two decades, and her success is in large part the result of the corporate culture she has helped shape and shape. to maintain. In his role as Managing Director / EVP, Dickinson will continue to focus on the company’s revenue strategy, business development and strategic growth initiatives for the company and the portfolio while working with the management team of the company. ‘assets to improve customer service offerings. Dickinson sits on the Board of Directors as Treasurer and Co-Chair of the Awards Committee of the International Society of Hospitality Consultants (ISHC). She is a member of the Urban Land Institute (ULI), serving on the Recreation Development Product Council, the Women’s Leadership Initiative Council (Boston / New England Chapter) and as a class volunteer for UrbanPlan. Dickinson is actively involved in the Castell project, which focuses on promoting diversity in hotel leadership. She completed the Castell Leadership Program in 2018 and sits on the Advisory Board of Castell @ College. She is a regular speaker at major industry events and contributes to issues that affect hotel owners. She received her degree in Hotel Administration from the University of New Hampshire and a Certificate in Hotel Revenue Management from Cornell University.
Derek Olsen, Managing Director / VP
Olsen brings 29 years of experience in the hospitality industry in the areas of hotel investment, brokerage, advisory and asset management. As Managing Director / EVP, Olsen will continue his efforts to advise owners, developers, investors and lenders to acquire, reposition and improve the value of hotel real estate. He is responsible for the asset management of a portfolio of hotel clients valued at approximately $ 500 million, including a wide range of operations ranging from newly built luxury / lifestyle assets to selected service portfolios located in the primary and secondary markets of the United States. Olsen brings his expertise in development planning. and the operational ramp-up of new hotels, having opened two properties in the past 24 months alone. He is also responsible for leading a team focused on equity and debt acquisition services and oversees the implementation of special projects related to CHMWarnick’s technology platform, Proph + IT ™. Olsen’s experience spans a wide range of land uses, including hotels and resorts, luxury condominiums, condo-hotels, fractional, timeshare, full-owned and land of golf. He is a graduate of Cornell University, where he obtained his Bachelor of Science in Hospitality Management, and graduated from the Massachusetts Institute of Technology, where he obtained his Master of Science in Real Estate. He is a member of the Hospitality Asset Managers Association (HAMA) and has written several articles on the industry for accommodation operations and financial publications.
Larry Trabulsi (CHAM), Managing Director / EVP
Trabulsi has 27 years of experience in the hospitality industry in operations, consulting and more than half of his career dedicated to creating value for hotel owners through asset management. Trabulsi has been an active member of HAMA for over a decade, holding numerous positions on boards and committees, including that of International President, and is currently President of the organization. He has extensive experience in capital planning and renovation oversight and has been involved in one-time renovation projects over $ 30 million. Trabulsi also has experience in a wide range of land uses including hotels, resorts, restaurants, golf courses, marinas, and other recreational assets. Its clients range from developers and private equity firms to lenders and public entities, including convention center authorities, the National Park Service, the United States Forest Service, and the United States Department of Defense. As Managing Director / EVP, Trabulsi is responsible for overseeing a team and asset managing a portfolio of clients valued at $ 1 billion in hotel real estate. Trabulsi has extensive experience in the development, capital planning and supervision of large capital projects. He is also actively engaged in advising the lending community on distressed assets and hotel receivership mandates. Trabulsi is a Certified Hotel Asset Manager (CHAM), an advanced certification held by a privileged few within the discipline. He is a member of the Real Estate Finance Association (REFA) of Greater Boston and is considered an industry thought leader, regularly speaking at hotel investment conferences and writing articles on property issues. Trabulsi holds a Bachelor of Science in Finance / Investment and a Masters of Business Administration from Babson College.
About CHM Warnick
CHMWarnick is the leading provider of hotel asset management and advisory services on behalf of owners and lenders. The company’s assets manage more than 70 hotels comprising approximately 29,000 rooms valued at approximately $ 15 billion and advise on development projects valued at more than $ 2 billion. CHMWarnick’s services include asset management, loan monitoring, hotel receivership, hotel planning and development, acquisition due diligence, owner accounting, selection and negotiation of management / operator, planning and disposal of capital. CHMWarnick is considered a thought leader on hotel ownership issues and asset management practices, and has six offices nationwide including in Boston, New York, Los Angeles, Phoenix, Fort Lauderdale and San Francisco . For more information, contact 978.522.7002 or visit www.CHMWarnick.com. For the latest company news, follow CHMWarnick on Twitter @CHMWarnick and LinkedIn.