Hoganson Rejoins Crestline to Lead the Company’s Strategic Deployment of its $300M Investment Fund

FAIRFAX, Va., May 29, 2019 (GLOBE NEWSWIRE) -- James Carroll, President & CEO of Crestline Hotels & Resorts, LLC, announces the appointment of Edward Hoganson as Executive Vice President, Chief Financial Officer & Chief Investment Officer for the Company.  Ed rejoins Crestline from Hospitality Investors Trust, Inc. (HIT) where he served as Chief Financial Officer and Treasurer.

Link to Image:  Ed Hoganson, EVP,CFO& CIO, Crestline Hotels & Resorts:
https://www.dropbox.com/s/zp1sxdoiw49o4bn/Ed%20Hoganson%208x10.jpg?dl=0

“Ed was an integral part of Crestline’s growth and success from its early days through 2014, when he accepted the position with HIT,” said Carroll.  “We are excited to welcome Ed back at this very pivotal time in our growth.  Ed will lead our team as we embark on an aggressive strategy to support the Company’s recently announced $300M investment fund targeting the acquisition of, and investment in, hotels throughout the U.S. and growing Crestline’s best-in-class management business.”

Mr. Hoganson is a dynamic team builder with more than 20 years of financial and hospitality industry management experience.  In his new position Ed will lead the business development team as well as the Corporate Treasury/Finance team as he works closely with the Company’s leadership group.  Ed began his career with Deloitte & Touche before joining Marriott International where he held various finance positions.  He earned his undergraduate degree from Yale University, an MBA in Finance from the Wharton School, and a Masters in International Relations from the University of Pennsylvania.  He has served as an affiliate faculty member at George Mason University and Georgetown University, lecturing on hospitality finance.

About Crestline Hotels & Resorts, LLC
Crestline Hotels & Resorts, LLC is one of the nation’s largest independent hospitality management companies.  Founded in 2000, the company presently manages 118 hotels, resorts, and conference centers with more than 17,200 rooms in 27 states and the District of Columbia.  Crestline manages properties under such well-regarded brands as Marriott, Hilton, and Hyatt, as well as independent, private-label hotels and conference centers throughout the United States.  For more information, visit:  www.crestlinehotels.com.

Important Notice:
The statements in this press release that are not historical facts may be forward-looking statements.  These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different.  In addition, words such as “anticipate”, “believe”, and “intend” indicate a forward-looking statement; however, not all forward-looking statements include these words.

Media Contact:	Gayle MacIntyre
	Global Ink Communications
	gaylemacintyre@bellsouth.net
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