Richard Sandoval, previously SVP of strategic development for hotel management company Spire Hospitality, has been promoted to CEO of the company. Sandoval, who first joined the company in 2014, is expected to focus on operational performance, data-driven decision-making and AI-enabled innovation.
For more than a decade, Sandoval has helped develop Spire’s operating platform, advanced strategic initiatives and improved operating performance across its hotel portfolio.
“I am honored to lead Spire into its next chapter. This is a company with talented people, strong owner relationships and a clear opportunity for growth,” Sandoval said in a statement. “As technology and AI reshape the hospitality industry, we will continue to look for ways to use data and innovation to improve performance and support our teams. We have a strong foundation and a significant opportunity ahead, and I’m excited to steer the business through its next phase.”
“Richard has been a critical part of Spire for more than a decade, and he brings the right combination of operational expertise, institutional knowledge and strategic vision moving forward,” said Jon Rosenfeld, co-founder and managing parter at AWH Partners, which owns Spire Hospitality. “As the hospitality industry evolves, Richard will help ensure Spire remains well positioned to deliver results as an industry leader.”
Chris Russell will step down as CEO after more than eight years in the role. He will continue on as Senior Advisor to support the company during a transition period and ensure continuity.
“We are grateful for Chris’ leadership and dedication to Spire. He played an instrumental role in Spire’s accomplishments, strengthening investor relationships, and guiding key projects across the business. AWH Partners and the entire Spire team are grateful for his contributions to the company,” Rosenfeld added.