HRI Lodging Hires Michael Coolidge as Chief Investment Officer
NEW ORLEANS, LA - October 22, 2014 - HRI Lodging's (HRIL) leadership announced today that Michael Coolidge has been hired as Chief Investment Officer (CIO). Coolidge joins HRIL from CSM Corporation where he previously served as Senior Vice President of Real Estate, Acquisitions and Lodging Development.
"Michael brings a level of expertise and depth of knowledge that we were seeking to help HRIL achieve its aggressive growth plans. At CSM, he was responsible for all acquisition, disposition and development activities for the CSM Lodging Portfolio. His enormous talents and solid relationships within the lodging industry will help us expand our hotel developments, acquisitions and third-party management activities," said Gary Gutierrez, President of HRI Lodging.
Coolidge has been involved in real estate for the past 20 years. Prior to CSM, he served as Senior Vice President - Real Estate and Asset Management at Watermark Capital Partners. Before that, he was Vice President - Real Estate and Development at Global Hyatt where he was directly responsible for all new full service development and management opportunities for the western half of the United States and Canada. Coolidge also had a 12 year stint as Senior Vice President - Development and Project Management at Sage Hospitality Resources.
"I am excited to join HRIL's leadership team and look forward to playing a vital role in the future growth of the company," said Coolidge.
Coolidge is a graduate of Cornell University's School of Hotel Administration and Paul Smith's College. He serves as a member of the Dean's Young Alumni Advisory Council for the Cornell School of Hotel Administration.
About HRI Lodging
HRI Lodging, LLC (HRIL) is one of the 50 largest hotel management companies in the U.S. with a current portfolio of 19 hotels and resorts spanning the continental U.S. By building alliances with major domestic and international investment firms, the organization pursues a dual mode growth strategy of managing independent, boutique properties as well as partnering with industry leading brands, including Marriott, Hilton, Hyatt, Starwood and Intercontinental Hotel Group. HRI Lodging is the hotel management division of New Orleans-based HRI Properties, a full-service real estate development company and a national leader in the adaptive reuse of historic structures. HRI's mission is: Revitalizing Cities by Creating Diverse, Vibrant and Sustainable Communities.
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 
