Extended-stay and select service third-party hotel management firm InnVentures has named the company’s former Director of Operations Kimberly O’Fallon as its new COO to drive the company’s growth plans.
O’Fallon’s contributions to InnVentures over the last five years include achieving hotel revenue growth of more than $147 million and expanding the portfolio by 34 properties. During her 30 years in the industry, she has earned the Mike Dubroff Award from Marriott International for outstanding achievement and Diamond General Manager of the Year recognition.
In her new position, O’Fallon will be responsible for leading all aspects of growing InnVentures’ extended-stay and select segments across the country.
“Promoting thought leaders such as Kimberly from within gives us a competitive advantage as her experience is unparalleled—holding almost every operations and sales related position within our organization during her 26-year tenure,” said Rob Dann, CEO of development, InnVentures. “It’s this experience that will propel us ahead of the industry, driving future innovation and growth.”
“It is an exciting time for InnVentures,” O’Fallon said of her company. “The company is a true pioneer in the hospitality space, and I am thrilled to be at the helm of its continued growth trajectory and honored to lead our exceptional team.”
InnVentures operates nearly 50 hotels for some of nation’s largest REITs, PE firms and lenders, in addition to a large portfolio of individual and family owned hotels. InnVentures operates all major hotel brands, including extended-stay and select-service Marriott, Hilton, Hyatt and IHG hotels in 11 states, with further expansion planned.