Hotel Equities Names Barry Wabler VP and CFO

. December 22, 2011

December 21, 2011 - Atlanta-based Hotel Equities recently promoted Barry Wabler to vice president. Mr. Wabler has also served as chief financial officer for the past year, but now holds the title of vice president and chief financial officer. He reports directly to HE president & CEO Fred Cerrone and sits as a member of Hotel Equities' Strategic Alignment Leadership Team (SALT), the executive committee responsible for casting the company vision and orchestrating its growth.

Mr. Wabler's focus at the hotel development and management company is strategic business growth and development. His responsibilities include interaction with the capital markets and functional leadership of treasury, legal, accounting, risk management and information technology for the company's corporate operations and the hotels in the firm's portfolio.

“Barry will use his financial expertise and hospitality experience to lead us through continued growth,” said Fred Cerrone, President and CEO of Hotel Equities. “His talent for strategic planning and his leadership skills make him an outstanding asset to our company.”

Mr. Wabler joined Hotel Equities as controller in 1999 and became CFO in 2004. He left briefly to serve as president and chief operating officer of Currey & Company, a successful manufacturer of specialty home furnishings. Mr. Wabler returned to Hotel Equities in December 2010 and helped orchestrate the addition of 19 hotels to the company's portfolio in 2011.

Mr. Wabler is active in the Georgia Society of CPAs and Cushman & Wakefield CFO Roundtable along with other professional and community organizations.

A native of Dayton, Ohio, Mr. Wabler is a graduate of the University of Georgia with a B.B.A. and a M.S. in Accounting. He and his wife Karen and their two daughters reside in Buckhead.

Hotel Equities (HE) is an Atlanta-based full-scale hotel management, development and consulting firm. Frederick W. Cerrone, CHA, serves as President and CEO. HE presently holds more than 40 properties in its portfolio. For more information, visit www.hotelequities.com

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