CHMWarnick promotes 3 leaders

Hotel asset management company CHMWarnick has promoted executive team members Kristie Dickinson, Derek Olsen and Larry Trabulsi to managing director and partner of the firm.

“CHMWarnick would not be the organization it is today without the invaluable efforts of Kristie, Derek and Larry,” said Chad Crandell, managing director and CEO. “Combined, they have provided 55 years of service to our company and our clients, and we look forward to their continued success as the next generation of senior leaders at CHMWarnick.”

CHMWarnick EVPs

Kristie Dickinson

A 29-year hospitality industry veteran, Dickinson is a founding member of the CHMWarnick team who has advised clients on more than 200 hotels across all product tiers. She specializes in developing asset repositioning plans, identifying value enhancement strategies, underwriting acquisitions and optimizing value through asset management. In her role as managing director/EVP, Dickinson will continue to focus on corporate revenue strategy, business development and strategic growth initiatives for the company and portfolio while working with the asset management team to enhance client service offerings. Dickinson is actively involved in the Castell Project, which is focused on advancing diversity in hospitality leadership. She completed Castell’s Leadership Program in 2018 and serves on the Castell@College Advisory Board. She received her degree in hotel administration from the University of New Hampshire and earned a certificate in hotel revenue management from Cornell University.

Derek Olsen

Olsen brings 29 years of hospitality industry experience spanning investment, brokerage, consulting and hotel asset management. As managing director/EVP, he will maintain his efforts to advise owners, developers, investors and lenders to acquire, reposition and enhance the value of hospitality real estate. He is responsible for asset managing a client portfolio of hotels valued at approximately $500 million, including a range of operations from newly built luxury/lifestyle assets to select-service portfolios located in primary and secondary markets across the U.S. Olsen also has experience in development planning and operational ramp-up of new hotels, having opened two properties within the past 24 months alone. He also is responsible for leading a team focused on equity and debt acquisition services and oversees the implementation of special projects related to CHMWarnick’s technology platform, Proph+IT. Olsen is a graduate of Cornell University, where he earned his Bachelor of Science in hospitality management, and a graduate of Massachusetts Institute of Technology, where he received his Master of Science in real estate. 

Larry Trabulsi

Trabulsi has 27 years of hospitality industry experience in operations, consulting and has spent more than half his career dedicated to creating value for hotel owners through asset management. Trabulsi has served as an active member of the Hospitality Asset Managers Association for more than a decade, holding numerous board and committee positions, including international chair, and currently serves as the organization’s president. He has capital planning and renovation oversight experience and has been involved in single renovation projects of more than $30 million. Trabulsi’s clients range from developers and private equity firms to lenders and public entities, including convention center authorities, the National Park Service, the United States Forest Service and the U.S. Department of Defense. As managing director/EVP, Trabulsi is responsible for overseeing a team and asset managing a client portfolio valued at $1 billion in hospitality real estate. Trabulsi is actively engaged in advising the lending community on distressed assets and hotel receivership engagements. Trabulsi holds a Bachelor of Science in finance/investments and a master’s in business administration from Babson College.