Will Loughran Named President of Richfield Hospitality
DENVER, CO - May 22, 2014 - Richfield Hospitality, a leading hotel management company, today announced that Will Loughran, the company's senior vice president of sales and revenue strategy, has been named president.
"Will has been a consistent source of innovation and leadership during his tenure with Richfield," said Sherman Kwek, CEO of City e-Solutions Limited, Richfield's parent company. "Over the course of his career, he has proven himself in the various disciplines that he has undertaken and his background comprises a strong blend of operational and sales experience, not to mention his exceptional teamwork abilities. I am confident that his passion for the hospitality business will enable him to deliver outstanding results for both Richfield and the owners of the properties we manage."
Loughran began his career with Marriott International and over the course of 17 years in increasingly more responsible positions, earned recognition for driving market share and exceeding operational standards. Prior to joining Richfield in 2011, Loughran led the revenue management discipline at Sage Hospitality where he was known for fostering alignment with owners, developing strong teams and strategic planning.
"We recently redefined the needs of our organization and hired carefully chosen executives who have already proven to be a tremendous complement to our existing leadership team of dedicated hospitality and technology professionals." said Loughran. "We are poised for expansion and this combination of agility and experience will enable us to take our companies, Richfield Hospitality and Sceptre Hospitality Resources, on a journey of rapid growth and industry-leading innovation."
Loughran holds an MBA from Tulane University and an undergraduate degree from Colorado State University. He has earned numerous industry certifications and has served on boards such as The Society for Collegiate Travel Management, HSMAI, the American Red Cross and Minoru Yasui.
About Richfield Hospitality
Richfield Hospitality, Inc. is a leading hotel management company with a premier track record of maximizing profitability and improving asset values for hotel owners. From hotel operations and property management to electronic distribution and interactive marketing, Richfield achieves superior operating results through its strong commitment to guests, employees and owners. Based in Denver, Richfield is part of Hong Kong-listed City e-Solutions Limited, which is in turn a subsidiary of City Developments Limited, one of the world's largest real estate and hotel conglomerates with a market capitalization exceeding US$7 billion. Additional information about Richfield Hospitality may be found at the company's website www.richfield.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 
