People on the move at Accor and Summit Hotel Properties
Executives in the hospitality industry have taken on new roles. Here is an overview:
Accor appoints Stephen Alden as CEO of Raffles & Orient Express
Accor has appointed Stephen Alden as CEO of Raffles & Orient Express, effective May 3. He will report directly to SÃ©bastien Bazin, Chairman and CEO, and will become a member of the group’s executive committee.
Alden, who recently created and launched the Dedica Anthology brand in 2017, encompassing a portfolio of nine properties across Europe, will now lead the Raffles & Orient Express brands. According to Accor, he will further develop the two brands through exceptional programming, dedicated team cultures and accelerated growth.
He trained in Switzerland and embarked on the luxury hotel industry, where he has focused his career ever since. With Starwood, he opened the St. Regis in New York and led the St. Regis and Luxury Collection brands globally. He was CEO for nine years of Maybourne Hotel Group, whose flagship properties include Claridge’s, The Connaught and The Berkeley. In 2016, he was appointed CEO of SET, owner and operator of the Cafe Royal hotel in London, the Conservatorium in Amsterdam and the Lutetia in Paris.
Trey Conkling joins Summit Hotel Properties as EVP / CFO
Summit Hotel Properties Inc. has appointed William (Trey) H. Conkling as the new Executive Vice President / CFO, effective May 17th.
Most recently, Conkling served as Managing Director of Bank of America Merrill Lynch’s Real Estate, Gaming and Accommodation investment banking group, where he oversaw the successful execution of a volume of transactions. over $ 190 billion, including financial markets and mergers and acquisitions. Prior to joining Bank of America Merrill Lynch, he worked for the investment banking unit of Bear, Stearns & Co. and previously worked in asset management for Host Hotels & Resorts.