Sonesta’s Major Stakeholder Plans to Install One of Its Own as CEO
Photo Credit: Sonesta International Hotels Corp. has a new CEO coming from the firm that fueled a hefty chunk of its growth in recent years. Sonesta International Hotels Corp.
Skift Take
Sonesta didn't go far in looking for a new CEO. John Murray's current employer, Service Properties Trust, is the lodging trust that severed contracts with Marriott and IHG and used those hotels to fuel Sonesta's ascent during the pandemic.
The head of the lodging trust that fueled a sizeable chunk of Sonesta’s growth over the last year just left to lead the hotel company.
Service Properties Trust CEO John Murray plans to leave the hospitality-focused real estate investment trust to become the new CEO of Sonesta International Hotels Corp. on April 1, according to a Monday filing with the U.S. Securities and Exchange Commission. He will replace Sonesta CEO Carlos Flores, who has been with the hotel company for the last 10 years and served as CEO since January 2015.
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