Raman “R.P.” Rama, president and CTO/CIO of Sarona Hotels & Holdings, investments and premier management services, has been inducted into the Hospitality Financial and Technology Professionals’ International Hospitality Technology Hall of Fame. Rama also is HFTP past president and founding director and member of HFTP’s recently formed India Chapter.
Mark Haley, co-founder and partner at Prism Hospitality Consulting, LLC, is the other 2021 hall of fame inductee. They were recognized for their experience and leadership in promoting hospitality innovation and technology, and knowledge sharing, a statement said.
Both will be recognized at the Hospitality Industry Technology Exposition and Conference in Dallas, Texas on Sept. 28. Since 1989, 49 individuals have received this award as a reflection of their contributions to the hospitality industry.
Rama, born in Malawi, migrated to India at 10-years-old where he received his education, and subsequently moved to the U.S. in 1981 where he started his profession in hospitality. Working in a variety of positions, Rama found his niche in finance and technology.
He was also recognized with the HFTP Paragon Award in 2016. In addition, Rama is a frequent speaker at industry events, most recently at HITEC Dubai in May.
“I am humbled and have no words to express my gratitude for the honor of being inducted to the prestigious Hall of Fame,” said Rama. “I thank all those many individuals who have supported my professional journey for the past 42 years in the industry, including those who have mentored and guided me and accepted me in their network. With this recognition I encourage all professionals to give your time by sharing your experience and knowledge with the seekers.”
Haley called his induction “a truly humbling recognition,” said Haley.
“It is like being asked to play baseball with Jackie Robinson, Curt Flood, Johnny Bench and Henry Aaron, all great ballplayers that not only excelled and led, but truly changed the game,” he said. “I look forward to living up to the privilege and continuing to serve Prism’s clients, my coworkers, the industry, and HFTP as a game-changer. And it is an honor to enter the Hall alongside RP Rama.”
Jim Risoleo to Exchange Hospitality Insights at Bharat Shah Leadership Series
James Risoleo, president and CEO of Host Hotels & Resorts, will join Mit Shah, CEO of Noble Investment Group, for the Bharat Shah Leadership Speaker Series at The Hunter Hotel Investment Conference on March 20. The series, honoring Bharat Shah, is presented in partnership with Noble Investment Group and Georgia State University's Cecil B. Day School of Hospitality Administration.
“Jim and I have shared a deep bond and friendship throughout my career, during which I’ve had the privilege of witnessing his dynamic vision, unwavering leadership, and remarkable generosity,” said Shah. “His ability to propel Host Hotels & Resorts to extraordinary success is a testament to his strategic brilliance and deep expertise. More than that, Jim embodies the essence of servant leadership, always championing our industry and inspiring those around him to reach new heights.”
Risoleo joined Host, an S&P 500 lodging REIT and luxury hotel owner, in 1996 and became president and CEO in 2017, the statement said. He has more than 35 years of experience in finance and real estate, including roles at Interstate Hotels Corp. and Westinghouse Electric Corp. He holds a business degree and a juris doctor from Duquesne University and is a member of the Pennsylvania Supreme Court and U.S. District Court for the Western District of Pennsylvania bars. He also serves on boards of the American Hotel & Lodging Association, Nareit, and the U.S. Travel Association’s CEO Roundtable.
Previous Bharat Shah Leadership Speakers include the late Arne Sorenson, president and CEO of Marriott International; Chris Nassetta, president and CEO of Hilton; Mark Hoplamazian, president and CEO of Hyatt Hotels Corporation; the late Mark Elliott, president of Hodges Ward Elliott; Vince Carter and Grant Hill, NBA and NCAA basketball legends, business leaders, and philanthropists; Sara Blakely, founder and executive chairwoman of SPANX; Jesse Itzler, New York Times best-selling author and entrepreneur; and Geoff Ballotti, president and CEO of Wyndham Hotels & Resorts.
Leslie Hale, president and CEO of RLJ Lodging Trust, was featured in 2024.
“Each year, Mit invites us into the living rooms of our country’s most influential leaders, allowing us to witness the personal and professional journeys that have defined them,” said Lee Hunter, chairman of the Hunter Hotel Conference. “Jim’s story, his insights, and the leadership lessons he has cultivated throughout his remarkable career will leave an indelible impact on our students and conference attendees, inspiring them to carve out their own paths to success.”
Indian American hoteliers, including Shah, Mitch Patel, president and CEO of Vision Hospitality, and Al Patel, president of Baywood Hotels, were speakers at the 2024 Hunter Conference.
By clicking the 'Subscribe’, you agree to receive our newsletter, marketing communications and industry
partners/sponsors sharing promotional product information via email and print communication from Asian Media
Group USA Inc. and subsidiaries. You have the right to withdraw your consent at any time by clicking the
unsubscribe link in our emails. We will use your email address to personalize our communications and send you
relevant offers. Your data will be stored up to 30 days after unsubscribing.
Contact us at data@amg.biz to see how we manage and store your data.
George Terpilowski is now senior vice president of operations at Salamander Collection, the luxury hotel company founded by Sheila Johnson. He will oversee day-to-day operations across the company’s hotels and resorts.
“George has an outstanding background in luxury operations with acclaimed independent and branded gateway city and resort properties,” wrote Prem Devadas, Salamander Collection president, in a Facebook post. “His leadership style will complement Salamander’s unique approach toward luxury, while his experience will allow us to continue to deliver results and enhance our growing reputation as a hospitality partner of choice.”
Terpilowski was regional vice president, Northeast, at Fairmont Hotels & Resorts, overseeing Fairmont Copley Plaza Boston, Raffles Boston and The Plaza Hotel in New York. He also served as managing director and regional vice president of Fairmont Southampton in Bermuda.
He began his career at Grand Heritage Hotels, managing The Brazilian Court in Palm Beach, Union Station Nashville, and The Clift Hotel San Francisco.
Terpilowski said Salamander Collection is a respected hospitality company, and he is pleased to join its culture.
“The company’s portfolio features extraordinary properties, and I look forward to working with the collection’s extremely talented managers and service professionals as we continue to grow,” he said.
In October, Johnson won the 2024 Peggy Berg Castell Award at The Lodging Conference in Phoenix, presented by the AHLA Foundation’s ForWard initiative to recognize contributions to advancing women in hospitality.
Michael Brunner Leads Peachtree Group’s Credit Investments Growth
Michael Brunner is the new executive vice president of credit investments at Peachtree Group. In this role, he will oversee the company’s credit platform and lead strategic growth initiatives.
Brunner has more than 25 years of financial experience, handling securitized products, asset finance and commercial real estate, Peachtree Group said in a statement.
“Michael’s leadership in securitized finance and commercial real estate finance makes him an invaluable addition to our team,” said Michael Harper, Peachtree Group’s president for hotel lending. “His deep institutional relationships and ability to streamline deal execution will strengthen our credit platform, broaden our market reach, and enhance our portfolio. With Michael on board, we are well-positioned to optimize our credit strategies, unlock new capital sources, and drive superior risk-adjusted returns for our stakeholders.”
Brunner previously worked at ATLAS SP Partners, overseeing warehouse finance and securitized products, the statement said. He also held leadership roles at Credit Suisse in the Securitized Products Asset Finance division, focusing on commercial real estate finance and commercial mortgage-backed securities.
Earlier, he spent 18 years in real estate capital markets at J.P. Morgan, managing loan securitization and underwriting teams and working with bond investment clients on new issue offerings.
Brunner said he looks forward to joining Peachtree Group as it expands its credit platform.
“Peachtree’s ability to pivot across the capital stack, combined with its track record in private credit, positions it as a commercial real estate market leader,” he said. “I look forward to contributing to its continued success and growth.”
Atlanta-based Peachtree is led by CEO and managing principal Greg Friedman, managing principal and CFO Jatin Desai, and principal Mitul Patel.
Peachtree deployed $1.6 billion in credit transactions in 2024, up 54 percent from 2023. Hospitality and multifamily led with $876 million and $392.3 million, followed by $297.4 million across industrial, land, mixed-use, retail, office and single-family residential assets.
Harper said Peachtree Group’s credit platform has consistently delivered strong results, supported by a team of professionals dedicated to originating, underwriting, and managing private credit investments.
“With Michael’s leadership, the credit platform is poised for further growth, reinforcing its position as an industry leader,” he said.
In January, Peachtree Group named Jordan Hylton senior vice president of multifamily acquisition for its Delaware Statutory Trust platform, which recently added multifamily investments.
AAHOA Elevates Geetika Rana & Dennis Smith to Key Leadership Roles
Geetika Rana is now AAHOA’s executive vice president of membership and events, while Dennis Smith is the new executive vice president of business development. Rana, with AAHOA since 2012, and Smith, who joined in 2022, were most recently SVP of membership and VP of business development, respectively.
"Geetika's extensive experience with our members and events, combined with Dennis's expertise in building strategic partnerships, will significantly enhance AAHOA's ability to meet the evolving needs of our members,” Blake said. “These leadership advancements position AAHOA for continued success in leading the hospitality industry forward."
Rana said she is honored to take on the role and continue serving AAHOA's members, partners and the hospitality industry.
"Our members are the backbone of this association, and I look forward to growing and strengthening the community through enhanced programs, events, and opportunities," said Rana, who previously served as general manager of two hotels.
Smith called this an exciting time for AAHOA and its partners.
"I look forward to taking on this expanded leadership role and fostering stronger connections that bring value to our members and partners,” he said.
Meanwhile, AAHOA also promoted Alyson Corey to vice president of conventions and Frederick Thompson to vice president of finance and strategic planning.
"I am thrilled about the promotions of Alyson and Frederick," Blake said. "Alyson's dedication to delivering exceptional conventions and Frederick's strategic financial expertise will further strengthen AAHOA's efforts to lead the hospitality industry into the future."
Blake and Neal Patel of Patel Partners were named among The Hill’s Top Lobbyists of 2024 for their advocacy for the hotel industry.
Mark Hoplamazian, Hyatt Hotels Corp. president and CEO, has been named the 2025 Cornell Hospitality Icon of the Year. The award, established by the Cornell Peter and Stephanie Nolan School of Hotel Administration, will be presented at the Cornell Icon and Innovator Awards in New York City on June 3.
Appointed to his current role in December 2006, Hoplamazian has led Hyatt’s IPO, overseen its growth, and helped define its purpose over 18 years: to care for people so they can be their best, Cornell said in a statement.
“We are excited and honored to recognize Mark as this year’s Cornell Icon,” said Kate Walsh, dean of the Nolan Hotel School. “Mark is a tremendous leader who, with his deep care for every colleague, guest, and stakeholder, embodies the essence of hospitality. He leads Hyatt – and our industry – with heart, mind, and soul, and is an inspiration and model for our Cornell students. We could not think of a more fitting leader to honor as our Industry Icon.”
Previously, he was president of The Pritzker Organization, the financial and investment advisor to Pritzker family businesses. Over 17 years, he advised several family-owned companies, including Hyatt Hotels Corp. He also worked in international M&A at The First Boston Corp. in New York.
Hoplamazian serves on the executive committees of the American Hotel & Lodging Association, WTTC, and World Business Chicago. He is a Brand USA board member, chairman of Skills for Chicagoland’s Future, and part of the Henry Crown Fellowship’s Discovery Class. He also sits on the Commercial Club of Chicago’s civic committee, co-chairs its Public Safety Task Force, and is a VF Corporation board director.
Andrew Karolyi, dean of the Cornell SC Johnson College of Business, said the event reaffirms the Nolan Hotel School’s leadership in global hospitality and travel.
“We look forward to another successful Icon & Innovator Awards celebration this year,” he said. “Congratulations to the new awardees, but I also want to congratulate our exceptional Nolan School leadership, faculty, staff, students, and alumni. We are so proud.”
The Cornell Hospitality Icon and Innovator Awards is the Nolan School of Hotel Administration’s largest annual event, gathering global hospitality and travel leaders and serving as a key fundraiser for the school’s need-based scholarships.
In January 2024, Shatterproof, a national nonprofit tackling the U.S. addiction crisis, recognized Hoplamazian at its seventh Hospitality Heroes Reception in Los Angeles, held alongside the Americas Lodging Investment Summit, for mobilizing hospitality leaders to raise awareness and combat addiction stigma.