LWHA Asset Management (LWHA) Promotes Ivan Colmenares to Vice President

LWHA Deepens its Management Team, as it Accelerates Growth and the Build Out of its Industry-Leading Suite of Services

. May 16, 2016

NEW YORK, NY. May 16, 2016 - LWHA Asset Management, a national firm that creates value for hotel owners through asset management and strategic hospitality consulting, promoted Ivan Colmenares to Vice President. . Based out of the company's New York City headquarters, Mr. Colmenares, who was previously a Senior Associate has more than a decade of progressive hospitality industry experience, in development, operations and client service.

Gary Isenberg

Gary Isenberg, President of LWHA Asset Management said “We are delighted to recognize Ivan and accelerate his development at a moment of unprecedented growth and expansion in our business. Now well past the $1 billion mark in assets served and working with some of the top clients in the hospitality industry, LWHA Asset Management is poised for even faster expansion, as we expand both the scope and substance of our services and continue to help owners realize substantial savings and operate their properties more efficiently and effectively.”

LWHA has provided Asset Management services to independent boutique properties and a wide variety of nationally affiliated hotels, including: Starwood Hotels & Resorts, Hilton Worldwide, Marriott International, Hyatt Hotels & Resorts, Intercontinental Hotels Group, Choice Hotels, Best Western, Wyndham Worldwide, and Red Lion Hotels.

Mr. Colmenares said, “I am delighted to take on greater responsibility at LWHA Asset Management, as we build out our unique suite of asset management services - which includes owner representation, contract negotiation, development, planning, repositioning and much more. With a background in business building, operations and hospitality management, I believe my skills are well suited to the company's growth strategy and I look forward to broadening my role and continuing to provide value enhancement for our clients.

Prior to joining LWHA, Mr. Colmenares served in senior management, operations and development positions at Juan Valdez Cafe, a multinational hospitality company based in Bogota, Colombia. During his tenure, the company's footprint grew sevenfold; Mr. Colmenares was responsible for spurring and managing the growth and direction of a successful turnaround in the company's U.S. operations. Mr. Colmenares has operational experience at the New York Palace Hotel and he holds a Master's in Hospitality Management from the New York University's Tisch Center for Hospitality and Tourism.

About LWHA Asset Management

LWHA Asset Management is among the leading asset management firms in the country, achieving more $1 billion mark in assets served and representing many of the leading hotel companies and brands in the country. In addition to its track record and unique experience in the space, LWHA Asset Management brings the benefit of its association with LW Hospitality Advisors, a recognized leader in a wide range of advisory, valuation, feasibility, investment counseling, and transactional services, for corporate, institutional, and individual clients, as well as municipalities and governmental agencies. The combination of this industry breadth, and an asset management specialization, allows LWHA Asset Management to provide unparalleled value creation and savings for hotel owners around the world. For more information, visit www.lwhospitalityadvisors.com, or call 212.300.6684.

Contact:
Michael Frenkel, MFC PR
[email protected]
(212) 808-6559

Business Contact:

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