Innkeepers USA Trust Names Dennis Craven CFO
march 29, 2006. Innkeepers USA Trust (NYSE:KPA) today announced that Dennis M. Craven will join the company as chief financial officer, effective March 31, 2006. Craven will succeed Bruce Riggins who resigned, effective March 31.
"Dennis has the depth and breadth of expertise we need in this critical position, including public company and hotel REIT experience, as well as a strong track record in banking, finance and accounting," said Jeffrey Fisher, president and chief executive officer. "He also has extensive experience in acquisitions, one of our key sources of external growth."
Prior to joining Innkeepers, Craven was principal of Addison Capital Advisors in Memphis, Tenn., an investment firm specializing in strategic planning, investment analysis and equity and debt financing for start-up and early stage companies. Prior to that, he was senior vice president and chief accounting officer of Independent Bank in Memphis, where he specialized in corporate financial planning and analysis. Previously, he served as vice president and chief accounting officer for RFS Hotel Investors, a NYSE-listed REIT acquired in 2003 by CNL Hotels & Resorts. He began his career at PricewaterhouseCoopers where he rose to the level of senior manager.
Innkeepers USA Trust owns 70 hotels with a total of 8,825 suites or rooms in 20 states and Washington, D.C., and focuses on acquiring and/or developing premium branded upscale extended-stay, select-service and full-service hotels and the rebranding and repositioning of other hotel properties.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
