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International
Hotelier Yaron Ashkenazi
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Named
CEO of Oxygen Hospitality
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Hotel Investment and Management
Company
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to Grow Portfolio of U.S. Assets
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Phoenix, AZ –
May
2018 / Newsmaker Alert / Oxygen
Hospitality Group, a U.S. hotel real estate investment and management
company, announces Yaron Ashkenazi, an award-winning international hotelier,
has been named chief executive officer (CEO). Oxygen Hospitality, a name
which means “to breathe in and give life to,” will acquire, renovate and
manage a portfolio of branded and independent hotel assets in the Sun Belt
and other advantageous U.S. destinations. The Company, which will focus
on instilling a values-based European ethos for global business and leisure
guest appeal, is headquartered in Phoenix, Arizona.
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 Ashkenazi,
a highly seasoned international hotelier, joins Oxygen Hospitality from
GCH Hotel Group in Berlin, Germany, where he most recently served as CEO
for the country’s second largest hotel management group. Notably, Ashkenazi
managed and repositioned an extensive portfolio of 120 hotels, with 15,000
rooms, in Germany, Belgium and Austria welcoming over 3 million guests
annually and employing 3,300 people. Renowned hotel brands under his management
included Wyndham, TRYP by Wyndham, Days Inn, Radisson Blu, Best Western,
Mercure, Ibis, Crowne Plaza and Holiday Inn. His proven operational and
financial excellence resulted in leading the Company to become the largest
management company of Wyndham Hotel Group properties in Europe.
In
this most recent CEO role, Ashkenazi positioned his group of hotels as
a “AAA” in the Treugast Investment Ranking. Numerous projects, innovative
ideas and implementation of advanced technology are attributed to his leadership.
He positioned the GCH Hotel Group in the market as a professional, independent
service provider (B2B) of management services and also caused a sensation
in 2016, when his company became the first hotel management company in
Europe to have a virtual reality website. He is a frequent speaker at conferences
on leadership and operations development within the hospitality industry.
Ashkenazi, a native born Israeli, began his 29-year hospitality leadership
career in Tel Aviv. He holds a degree from Technion – Israel Institute
of Technology in Hotel, Motel and Restaurant Management and a bachelor’s
degree from The Hebrew University in Jerusalem.
“The
opportunity to use the knowledge and lessons learned from decades within
the hospitality industry and become an owner and co-founder is a lifelong
aspiration that has come to fruition,” said Ashkenazi. “All guests will
get an unforgettable experience across our properties as we will strive
to create loyalty among guests, partners and investors.”
Ashkenazi’s
vision for the newly formed vertically integrated company, Oxygen Hospitality,
is centered on repositioning attractive, value-driven assets into properties
where guests are welcomed into an authentic, lifestyle-centered atmosphere
filled with local immersion, incredible service and exceptional food. Furthermore,
the Company is passionately focused on differentiating itself and disrupting
the industry by aggressively infusing technology into real estate for elevated
ease, guest experience and operational performance. For information on
Oxygen Hospitality, please visit www.OxygenHospitality.com
or by calling 833-OXYGEN3.
About
Oxygen Hospitality Group
Oxygen
Hospitality is a real estate investment and management company focused
on acquiring, redeveloping and managing a distinctive portfolio of branded
and independent hotel assets in the Sun Belt and other advantageous U.S.
destinations. The Company partners with registered investment advisors
(RIAs) and accredited investors seeking direct investment opportunities
in hotels requiring asset redevelopment or operational repositioning for
a return to profitability and guest experience excellence. Co-founded by
Peter Anadranistakis, Merv Chia and Yaron Ashkenazi, Oxygen Hospitality
is headquartered in Phoenix, Arizona. For more information, please visit:
www.OxygenHospitality.com
and follow us on Facebook
and LinkedIn.
Note
to Investors
This
press release is for informational purposes only and does not constitute
an offer to sell or a solicitation of an offer to buy securities. Offers
to sell or the solicitations of offers to buy securities may only be made
through official offering documents that contain important information
about risks, fees and expenses. Certain statements in this press release
constitute “forward-looking statements” within the meaning of the federal
securities laws. Words such as “may,” “might,” “will,” “should,” “believe,”
“expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,”
“project,” “plan,” “intend” or similar expressions, or statements regarding
intent, belief, or current expectations, are forward-looking statements.
While the Company believes these forward-looking statements are reasonable,
undue reliance should not be placed on any such forward-looking statements,
which are based on information available to us on the date of this release.
These forward-looking statements are based upon current estimates and assumptions
and are subject to various risks and uncertainties. Thus, actual results
could be materially different. The Company expressly disclaims any obligation
to update or alter statements whether as a result of new information, future
events or otherwise, except as required by law.
Contact:
Oxygen
Hospitality Group
Ruth
Seigel
602-320-4182 |
