US: Hotel owner, operator, and development firm, Hotel Equities, has announced the appointment of a new chief financial officer.
David Scharfstein, will take the lead on financial strategy for Hotel Equities’ finance and accounting. He will also be responsible for focusing on mergers and acquisitions.
Scharfstein has more than years’ experience as a strategic partner to the C-suite and board of directors, and an extensive corporate finance background.
He joined Hotel Equities from EmployBridge and in the four years he was there he lead an enterprise transformation reporting to the CEO as head of post-merger integration in support of M&A strategy.
Scharfstein holds a Bachelor of Business Administration from Georgia Southern University and a Master of Business Administration from the University of Georgia.
He is based in Hotel Equities’ corporate headquarters in Alpharetta, Georgia.
Hotel Equities is an operator and development firm which manages a portfolio of more than 250 hotels and resorts across the US and Canada. The portfolio is a range of full service, select service, boutique and independent and lifestyle hotels.
Extended stay hotel brands in the portfolio include Courtyard by Marriott, Fairfield Inn and Suites, Residence Inn, Candlewood Suites, Springhill Suites, Holiday Inn & Suites and Homewood Suites.
Other news from Georgia – In March this year Choice Hotels broke ground on its newest extended stay brand, Everhome Suites.
