Kirk S. Pederson Appointed CIO and COO of Chartres Lodging Group
SAN FRANCISCO, CA - January 10, 2012 - Chartres Lodging Group, LLC, the hotel and investment advisory firm, is pleased to announce the appointment of Kirk S. Pederson as Chief Investment Officer and Chief Operating Officer. In his position, Pederson will be responsible for new acquisitions as well as the operations and management of Chartres' current $2.2 billion, 12,500-room portfolio of luxury and upscale hotels, conference centers and resorts. His leadership in the day-to-day functions will also provide support for Chartres' CEO and President, enabling them to focus on overall strategy and capital fund raising. Simultaneously, Rob Kline will be appointed CEO and Co-Founder and Maki Nakamura Bara will be appointed President and Co-Founder.
“Kirk brings with him a wealth of experience in development, acquisitions and asset management that make him an ideal fit for this critically important role at Chartres Lodging,” said Maki Nakamura Bara, President and Co-Founder, Chartres Lodging Group. “His appointment is a demonstration of our commitment to growth as well as realigning the company's structure to better support internal and external development.”
Pederson has more than 15 years of experience in the lodging industry and been responsible for more than $5 billion in properties throughout the United States and Mexico. Prior to joining Chartres, Pederson was responsible for spearheading West Coast and Hawaii lodging investments on behalf of Morgan Stanley Real Estate Funds, Prime Property Fund and Morgan Stanley separate accounts. His experience also includes development and asset management roles with General American Hospitality, MeriStar Hospitality Corporation and Interstate Hotels & Resorts.
Pederson has studied at the Ecole Hotelière de Lausanne, Switzerland, and holds a degree from the William F. Harrah College of Hotel Administration at the University of Nevada, Las Vegas. Pederson is a member of the Hospitality Asset Manager Association.
About Chartres Lodging Group, LLC
The Chartres Lodging Group, LLC, is an investment and advisory firm focused on the acquisition, asset management, renovation and development, and property management of lodging assets. Chartres' principals have been responsible for over $8 billion of lodging investments and have asset managed over 100 upscale and luxury hotels, resorts and conference centers. The firm is currently responsible for a $2.2 billion, 12,500-room portfolio of luxury and upscale hotels, conference centers and resorts in the United States and Japan. Chartres Lodging's principals and employees are direct investors in 80 percent of this portfolio. For more information on The Chartres Lodging Group, please visit www.chartreslodging.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
