Leveraging its strong talent bench, Wyndham Appoints Shilpan Patel to Lead North America Franchise Operations and Gustavo Viescas to Lead the LATAMC Region
PARSIPPANY, N.J., Oct. 13, 2022 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across more than 95 countries, has promoted Shilpan Patel to executive vice president, North America Franchise Operations, and Gustavo Viescas to president, LATAMC, and elevated both to the Company’s Executive Committee effective immediately. With nearly 45 combined years, the two Company veterans have extensive experience helping Wyndham franchisees and owners around the globe succeed.
“A Wyndham core tenet is promoting from within thanks to our exceptional bench of leadership talent,” said Geoff Ballotti, Wyndham Hotels & Resorts president and chief executive officer. “Both Shilpan in North America and Gustavo in Latin America, are focused on delivering for our owners – existing and new – and I’m confident the relationships they’ve built over the years will continue to flourish as they take on these expanded roles.”
In his new role, Shilpan now oversees Franchise Operations, Brand Operations, Franchise Services and Managed Operations with a team spanning North America. Shilpan has held various finance, operations and franchise service leadership positions throughout his nearly 20 years at Wyndham, most recently responsible for leading its contract administration and relicensing efforts while driving industry-leading economy retention rates across its brands. Shilpan is a Certified Public Accountant, who began his career as an auditor at Deloitte & Touche after graduating from Penn State University.
Based in Buenos Aires, Gustavo takes on the day-to-day management and success of Wyndham’s LATAMC region consisting of approximately 250 hotels in nearly 30 countries. Gustavo has been instrumental in growing the region including launching two new brands (Alltra and Registry Collection) and closing industry-leading deals with notable strategic development partners like Playa Hotels & Resorts and Palladium Hotel Group. Gustavo has held multiple roles of increasing responsibility over his past 25 years with Wyndham leading the finance, administration, reporting, planning and operations for both RCI and Wyndham Hotels & Resorts. Gustavo graduated from the University of Buenos Aires and holds his Master’s degree in Finance from UADE, Buenos Aires.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,000 hotels across over 95 countries on six continents. Through its network of approximately 819,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 23 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards® loyalty program offers over 95 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/wyndham-hotels–resorts-promotes-two-leaders-to-executive-committee-301648708.html
SOURCE Wyndham Hotels & Resorts
Tough times are coming. But you can still make money.
Biden announced he's extending the federal student loan repayment moratorium until June 30, 2023.
Wall Street believes mean reversion and geopolitical tensions could play a key role
(Bloomberg) — Hundreds of workers at Apple Inc.’s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost a month under tough restrictions intended to quash a Covid outbreak.Most Read from BloombergHow Bad Will Housing Get? The Chill Gripping a Once-Hot Market Offers a TestMalaysia Latest: Muhyiddin Turns Down King on Unity GovernmentViolent Protests Erupt at Apple’s Main iPhone Plant in ChinaElon Musk's 2022 Wealth Loss Exceeds $100 Billion for F
Some Twitter employees who chose to stay at the company as it transformed to "Twitter 2.0" are being shown the door.
Coinbase CEO Brian Armstrong is reassuring users about the financial health of the Nasdaq-listed crypto exchange, following a tweet — since deleted — from CZ of Binance.
FTX collapsed. These players held the keys.
It’s difficult to put a positive spin on the current state of the stock market. While 2022’s action has seen moments of relief, for the most part, the trend has been resolutely downbeat, as reflected in the main indexes’ performances. All are down by at least double-digits; the tech-heavy NASDAQ’s 30% drop has been the most acute, while the S&P 500 now sits 17% lower year-to-date. That said, while it’s hard to watch any owned stock sink to the bottom, the upside to the downside is that investors
There are another two weeks to go for the OPEC+ meeting, but the Saudis and Russians have decided not to sit back and let the market collapse continue. In an urgent response to a Wall Street Journal story on Monday, Saudi Energy Minister Abdulaziz bin Salman denied that the 23-nation oil producing alliance under his charge was working on a production hike of 500,000 barrels per day to announce at OPEC+’s Dec. 4 meeting. If the WSJ report had been true, it would have been a pivot to the 2-million-barrel per day cut that OPEC+ had announced for November.
Berkshire Hathaway Inc (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett once explained one of the metrics he watches for a reversal in the housing market is a reduction of housing starts. The Oracle of Omaha said in 2010 that sometimes a “bad number” for housing starts is a good thing for the market — in this case, he was referencing a cool housing market in which supply outstripped demand. The only way to solve that was to create more demand than supply by reducing the number of newly built homes
Workers are lying about being digital nomads, and it's coming at a cost: One boss estimated his loss at $500,000.
(Bloomberg) — The Federal Reserve is set to show how united policymakers were at their meeting this month over a higher peak for interest rates than previously signaled as they calibrate their fight against decades-high inflation.Most Read from BloombergHow Bad Will Housing Get? The Chill Gripping a Once-Hot Market Offers a TestMalaysia Latest: Muhyiddin Turns Down King on Unity GovernmentViolent Protests Erupt at Apple’s Main iPhone Plant in ChinaElon Musk's 2022 Wealth Loss Exceeds $100 Billi
The drumbeat of a looming recession gets louder and continues to claim jobs in the form of mass layoffs and executive departures. Tech companies have laid off 33,000 workers since October, including major brands such as Amazon, Microsoft, Coinbase, Twitter, Stripe, Salesforce, and Meta. Similarly, executive changes have occurred as a result of economic jitters, most notably the exit of Bob Chapek in favor of Bog Iger at Disney.
Bob Iger stunned the entertainment industry when he reassumed his role as the CEO of the Walt Disney Company on Sunday night. The former Disney chief will earn a $1 million base salary for going back to his old job, according to public filings. But that pact could grow a lot richer if Iger and […]Financial planners typically advise you to work for as long as you can, so you can juice up your retirement savings while holding out for a fatter Social Security check. Here’s the truth: Retiring early—or even at full retirement age—is little more than a joke for those tens of millions. It’s flaws like this—the refusal of increasingly more companies to shift the finances of retirement off their balance sheets and onto the backs of their workers—that mean millions have to keep working whether they’d like to or not.
Trouble had been brewing for months as CFO Christine McCarthy and other senior figures campaigned with the Disney board to force Chapek out.
In a recent interview with the Financial Times, Coinbase (NASDAQ: COIN) founder and CEO Brian Armstrong revealed one of the reasons for his company's contentious exit from San Francisco. Armstrong pointed to a “techlash” he said was ruining San Francisco, where people creating growth were vilified, according to a paraphrase of his words by the FT. While Armstrong moved to L.A. personally, his company went "remote-first" last year and eliminated its former S.F. headquarters office entirely.
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
In minds and numbers, Tesla remains the star of the automotive industry. The market capitalization of Elon Musk's group is above $532 billion at last check. Toyota , General Motors , Ford and Volkswagen are far behind with market values $199 billion, $57 billion, $56.5 billion and nearly $100 billion, respectively.
On Tuesday, the Biden administration finalized a series of rules that will make it easier for employers to include so-called impact investment funds in their retirement plans. Specifically, the Department of Labor will no longer ban employers and advisors from … Continue reading → The post Trump Loses His Clutch on Your 401(k) in Department of Labor Ruling appeared first on SmartAsset Blog.