January 09, 2008 // Franchising.com // CHICAGO – Hyatt Hotels & Resorts has announced that Jill Johnson has been appointed Vice President, Asset Management. In her new role, Johnson is responsible for strategic planning and ownership oversight for a select portfolio of Hyatt-owned properties, with a focus on maximizing revenues, improving efficiencies and the planning and implementation of capital investments to optimize hotel performance. Johnson reports to Steve Sokal, Senior Vice President, Global Asset Management.
Johnson brings a wealth of knowledge and experience to Hyatt's Asset Management Group, with over 17 years of experience in real estate and hotel asset management. Most recently, she was Vice President of Asset Management at LaSalle Hotel Properties, responsible for the company's California hotel portfolio.
"We are pleased to have Jill join Hyatt at such an exciting juncture in its history," said Sokal. "In the past few years, the company has expanded into vital new regions and markets through a combination of acquisitions, new management contracts, the introduction of three new brands and the successful repositioning of core Hyatt-owned properties. Jill's extensive and diverse experience in every aspect of hospitality asset management will be an invaluable asset to Hyatt as the company's growth pace continues to accelerate worldwide."
Previously, Johnson served as Vice President, U.S. Real Estate Investing Division with Morgan Stanley, asset managing a portfolio of full-service, first-class hotels and resorts operated by toptier global hotel companies. Prior to that, she was Senior Manager, Management Solutions & Services at Deloitte & Touche LLP, performing consulting services for a variety of commercial Jill Johnson Appointment
real estate companies, with a primary emphasis in the hospitality and gaming industries. Johnson began her hospitality career in 1990 at Hospitality Valuation Services. Johnson holds a Bachelor of Science degree from Cornell University's School of Hotel Administration. She is a board member of the Hospitality Asset Managers Association (HAMA).
About Global Hyatt Corporation
Global Hyatt Corporation, one of the world's premier hotel companies, offers today's travelers more than 750 hotels and resorts (more than 140,000 rooms) more than 45 countries. The company's affiliates own, operate, manage and franchise Hyatt-branded hotels and resorts under Park Hyatt™, Grand Hyatt™, Hyatt Regency™, Hyatt Resorts™, Hyatt®, Hyatt Place™ and Hyatt Summerfield Suites™ brands, as well as the company's newest global luxury brand, Andaz™, which recently opened its first property in London. Global Hyatt Corporation is also the owner of Hyatt Vacation Ownership, Inc. operator of Hyatt Vacation Club and fractional residential properties and U.S. Franchise Systems, Inc, which franchises Hawthorn Suites and Microtel Inns and Suites. From the U.S. and Canada, reservations for any Hyatt hotel worldwide may be obtained by calling 1-800-233-1234, or logging on to www.hyatt.com.