Craig Devine Named VP of Finance & Analytics at HRI Lodging and Metwest Terra Hospitality

. May 14, 2014

New Orleans, LA - May 14, 2014) - Craig Devine has been named vice president of finance and analytics at HRI Lodging, LLC (HRIL) and its affiliated joint venture company, MetWest Terra Hospitality (MWTH), announced Gary Gutierrez, president of both companies.

“Craig brings a wealth of diverse experience to our operations,” Gutierrez said. “His combination of experience in both hospitality as well as contracted client services gives our companies another competitive edge in maximizing results for our investors and partners,” he added.

Devine comes to HRI Lodging and MetWest Terra Hospitality from Aramark Corporation, where he most recently served as director of finance and analytics. Aramark, ranked 205th on the Fortune 500, employs 270,000 associates providing services to healthcare institutions, universities and school districts, stadiums and arenas, and businesses in 22 countries around the world.

Prior to joining Aramark in 2006, he worked for Wyndham International and Marriott International in financial services for more than 22 years. He has served at the individual property level as well as at corporate headquarters in a career of increasing responsibilities.

Devine earned an M.B.A. in finance from LaSalle University in Philadelphia and a bachelor's degree in accounting from the University of Pittsburgh.

About HRI Lodging

HRI Lodging, LLC (HRIL) is one of the 50 largest hotel management companies in the U.S. with a current portfolio of 17 hotels and resorts spanning the continental U.S. By building alliances with major domestic and international investment firms, the organization pursues a dual mode growth strategy of managing independent, boutique properties as well as partnering with industry leading brands, including Marriott, Hilton, Hyatt, Starwood and Intercontinental Hotel Group. HRI Lodging is the hotel management division of New Orleans-based HRI Properties, a full-service real estate development company and a national leader in the adaptive reuse of historic structures. HRI's mission is: Revitalizing Cities by Creating Diverse, Vibrant and Sustainable Communities.

About MetWest Terra Hospitality

The MetWest Terra team is comprised of a diverse group of capital managers, real estate and hospitality professionals. MetWest Terra is an affiliate of MetWest Ventures, a multi-strategy asset management platform that partners with management teams to provide support and assistance in their efforts to achieve the objectives of their investors. Since 1992, Richard S. Hollander, Chairman and CEO of MetWest Ventures, has partnered with management teams who oversee assets for several of the largest U.S. pension plans and corporations, creating related investment strategies that have totaled more than $80 billion in assets under management.

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