HP Hotels announced that Charles Oswald assumed the role of president and CEO. He was formerly president and COO of the company, and Mike Hines, HP Hotels’ chairman, made the announcement.
Oswald joined HP Hotels in 2012. As CEO he is responsible for the company vision, hotel performance and day-to-day operational execution.
With over 25 years of hotel and resort experience that includes Hilton, Marriott, Starwood, Hyatt, InterContinental Hotel Group, Choice and independents, Oswald is knowledgeable in all phases of hotel operations from concept and opening, to operational execution, and long term financial planning. Prior to joining HP Hotels, Oswald served as VP of operations with Noble Investment Group, where he operated a portfolio of upscale hotels and successfully transitioned his portfolio through Noble's 2011 merger with Interstate Hotels & Resorts. He also developed or co-authored many of the organization's key enterprise solutions used for revenue generation, profit analysis and annual business planning. Since joining HP, the organization has more than doubled annual revenues.
“Charles has been a key component to the growth and success of HP Hotels over the past 5 years,” Hines said in a statement. “As CEO he will build on the strong foundation we have laid, and drive the HP Hotels team to reach for new heights and ensure that we retain our position as one of the most successful and most respected management companies in the hotel industry.”
HP Hotels is a third-party management group with a portfolio of over 30 hotels in 12 states comprised of Hilton, Marriott, InterContinental, Choice and independent full-service and select-service hotels.