American Hotel Income Properties REIT LP (AHIP) (TSX: HOT.UN) (OTCQX: AHOTF) announced today the promotion of Mr. Ian McAuley to the newly created position of President, effective September 1, 2016. He will report to Rob O'Neill, AHIP's CEO.
Under the guidance of the CEO and the Board of Directors, Mr. McAuley will be focussed on executing AHIP's strategic plan and ensuring the organizational readiness to fulfill the company's long-term objectives. He will continue to oversee and interface with AHIP's hotel manager, Tower Rock Hotels & Resorts Inc., and will also provide leadership and direction to AHIP's acquisition team in continuing to grow the portfolio of Rail and Branded Hotels.
Mr. O'Neill stated: "Ian is a proven leader who has the experience and track record of delivering results. Since joining the AHIP team last year, he has demonstrated a deep understanding of AHIP's business and is well respected within the organization, the capital markets, and the hotel real estate industry. He personifies the values and culture that have made AHIP successful and understands what it takes to create an environment where our business can grow and prosper."
Prior to joining AHIP as Executive Vice President - Asset Management, and for five years until its sale, Mr. McAuley was President and CEO of Continuum Health Care Holdings Ltd., a senior housing developer, owner, and operator. For 15 years prior, he was President and COO of Superior Lodging Corp., one of Canada's leading hotel investment and development companies.
Mr. McAuley is a member of the Institute of Corporate Directors, and holds MBA and BA degrees, and a specialized diploma in Hospitality Administration.
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