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BRAEMAR HOTELS & RESORTS ADDS HOTEL INDUSTRY VETERAN JAY SHAH TO BOARD OF DIRECTORS

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Braemar Hotels & Resorts Inc. (NYSE: BHR) has announced the addition of Jay Shah to its Board of Directors as a new independent director. Shah, 56, brings extensive experience in the hospitality and real estate sectors, having served in various executive roles at Hersha Hotels & Resorts, including as CEO for 17 years and most recently as Executive Chairman.

Shah's background includes significant involvement in industry associations and educational institutions. He serves on Cornell University's Dean's Advisory Board for the School of Hotel Administration and is a member of the American Hotel & Lodging Association's Board of Directors. Shah holds degrees from Cornell University, Temple University Fox School of Business, and Temple University Beasley School of Law.

Braemar's Chairman, Monty J. Bennett, expressed enthusiasm for Shah's appointment, citing his valuable experience in both the lodging industry and public company matters.

Braemar Hotels & Resorts Inc. (NYSE: BHR) ha annunciato l'aggiunta di Jay Shah al suo Consiglio di Amministrazione come nuovo direttore indipendente. Shah, 56 anni, porta con sé una vasta esperienza nei settori dell'ospitalità e immobiliare, avendo ricoperto vari ruoli di dirigenza presso Hersha Hotels & Resorts, tra cui quello di CEO per 17 anni e, più recentemente, di Presidente Esecutivo.

Il background di Shah include un significativo coinvolgimento in associazioni di settore e istituzioni educative. Fa parte del Consiglio Consultivo del Decano della Cornell University per la Scuola di Amministrazione Alberghiera ed è membro del Consiglio di Amministrazione dell'American Hotel & Lodging Association. Shah possiede lauree dalla Cornell University, dalla Temple University Fox School of Business e dalla Temple University Beasley School of Law.

Il presidente di Braemar, Monty J. Bennett, ha espresso entusiasmo per la nomina di Shah, citando la sua preziosa esperienza sia nell'industria dell'ospitalità che nelle questioni relative alle società pubbliche.

Braemar Hotels & Resorts Inc. (NYSE: BHR) ha anunciado la incorporación de Jay Shah a su Consejo de Administración como nuevo director independiente. Shah, de 56 años, aporta una amplia experiencia en los sectores de hospitalidad e inmobiliario, habiendo ocupado varios puestos ejecutivos en Hersha Hotels & Resorts, incluyendo el de CEO durante 17 años y, más recientemente, de Presidente Ejecutivo.

El trasfondo de Shah incluye una participación significativa en asociaciones del sector e instituciones educativas. Forma parte del Consejo Asesor del Decano de la Universidad de Cornell para la Escuela de Administración Hotelera y es miembro de la Junta Directiva de la Asociación Americana de Hoteles y Alojamiento. Shah tiene títulos de la Universidad de Cornell, de la Fox School of Business de la Universidad de Temple y de la Beasley School of Law de la Universidad de Temple.

El presidente de Braemar, Monty J. Bennett, expresó entusiasmo por la designación de Shah, citando su valiosa experiencia tanto en la industria hotelera como en asuntos de empresas públicas.

Braemar Hotels & Resorts Inc. (NYSE: BHR)는 Jay Shah를 새로운 독립 이사로 이사회에 추가했다고 발표했습니다. 56세의 Shah는 Hersha Hotels & Resorts에서 17년 동안 CEO로 재직한 것을 포함하여 환대 및 부동산 분야에서 폭넓은 경험을 쌓았습니다.

Shah의 배경에는 산업 협회 및 교육 기관에 대한 상당한 참여가 포함되어 있습니다. 그는 Cornell University의 호텔 경영 학교의 학장 자문 위원회에서 활동하며, American Hotel & Lodging Association의 이사회의 일원입니다. Shah는 Cornell University, Temple University Fox School of Business 및 Temple University Beasley School of Law에서 학위를 취득했습니다.

Braemar의 회장 Monty J. Bennett는 Shah의 임명에 대해 열정을 표명하며, 숙박 산업과 공기업 문제에 대한 그의 귀중한 경험을 언급했습니다.

Braemar Hotels & Resorts Inc. (NYSE: BHR) a annoncé l'ajout de Jay Shah à son Conseil d'Administration en tant que nouveau directeur indépendant. Âgé de 56 ans, Shah apporte une vaste expérience dans les secteurs de l'hôtellerie et de l'immobilier, ayant occupé divers postes exécutifs chez Hersha Hotels & Resorts, y compris celui de PDG pendant 17 ans et, plus récemment, celui de Président Exécutif.

Le parcours de Shah comprend une implication significative dans des associations professionnelles et des institutions éducatives. Il siège au Conseil Consultatif du Doyen de l'Université de Cornell pour l'École de Gestion Hôtelière et est membre du Conseil d'Administration de l'American Hotel & Lodging Association. Shah détient des diplômes de l'Université de Cornell, de la Fox School of Business de l'Université de Temple et de la Beasley School of Law de l'Université de Temple.

Le président de Braemar, Monty J. Bennett, a exprimé son enthousiasme pour la nomination de Shah, soulignant son expérience précieuse tant dans l'industrie hôtelière que dans les affaires des entreprises publiques.

Braemar Hotels & Resorts Inc. (NYSE: BHR) hat die Ernennung von Jay Shah als neues unabhängiges Mitglied des Vorstands bekannt gegeben. Shah, 56 Jahre alt, bringt umfassende Erfahrungen in der Gastgewerbe- und Immobilienbranche mit, nachdem er verschiedene Führungspositionen bei Hersha Hotels & Resorts inne hatte, darunter 17 Jahre als CEO und zuletzt als Executive Chairman.

Shahs Hintergrund umfasst bedeutende Beteiligungen an Branchenverbänden und Bildungseinrichtungen. Er ist Mitglied des Advisory Boards des Dekans der Cornell University für die Hospitality School und sitzt im Vorstand der American Hotel & Lodging Association. Shah hat Abschlüsse von der Cornell University, der Fox School of Business der Temple University und der Beasley School of Law der Temple University.

Der Vorsitzende von Braemar, Monty J. Bennett, drückte seine Begeisterung über Shahs Ernennung aus und hob dessen wertvolle Erfahrung sowohl in der Gastgewerbebranche als auch in öffentlichen Unternehmensangelegenheiten hervor.

Positive
  • Addition of an experienced industry veteran to the Board of Directors
  • New director brings extensive executive, operational, and finance knowledge from the hospitality sector
  • Potential for fresh perspectives and strengthened leadership with the new board member
Negative
  • None.

DALLAS, Oct. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that Jay Shah, a seasoned hospitality and real estate executive, has joined the Board of Directors as a new independent director.

"We are excited to welcome Jay to the Braemar Board of Directors," said Monty J. Bennett, Braemar's Chairman. "He brings extensive experience in both the lodging industry and public company matters from his many years of executive leadership positions at Hersha.  His executive, operational and finance knowledge will make him a valuable addition to our board."

Mr. Shah, age 56, has been a Senior Advisor to Hersha Hotels & Resorts ("Hersha") since November 8, 2023 and has been a trustee since 2006.  Prior to his role as Senior Advisor, Mr. Shah served as Hersha's Executive Chairman since January 1, 2023.  Prior to his role as Executive Chairman, Mr. Shah served as Hersha's Chief Executive Officer for 17 years and before that he served as Hersha's President and Chief Operating Officer.

Mr. Shah serves on Cornell University's Dean's Advisory Board for the School of Hotel Administration and is also a member of the American Hotel & Lodging Association's ("AHLA") Board of Directors, AHLA Hospitality Investment Roundtable, AHLA Owner's Roundtable, and the Chief Executives Organization.  He serves on the Jefferson University and Hospital System's CEO advisory board and is a member of the Board of Trustees of both the National Constitution Center and the Philadelphia Museum of Art.

Mr. Shah earned a Bachelor of Science degree from the Cornell University School of Hotel Administration, an MBA from the Temple University Fox School of Business, and a Law degree from Temple University Beasley School of Law.

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Cision View original content:https://www.prnewswire.com/news-releases/braemar-hotels--resorts-adds-hotel-industry-veteran-jay-shah-to-board-of-directors-302269218.html

SOURCE Braemar Hotels & Resorts, Inc.

FAQ

Who is the new Board of Directors member for Braemar Hotels & Resorts (BHR)?

Jay Shah, a seasoned hospitality and real estate executive, has joined Braemar Hotels & Resorts (BHR) Board of Directors as a new independent director.

What is Jay Shah's background in the hotel industry?

Jay Shah has extensive experience in the hotel industry, having served as CEO of Hersha Hotels & Resorts for 17 years and most recently as its Executive Chairman. He is currently a Senior Advisor to Hersha.

How might Jay Shah's appointment impact Braemar Hotels & Resorts (BHR)?

Jay Shah's extensive experience in the lodging industry and public company matters is expected to bring valuable executive, operational, and finance knowledge to Braemar's board, potentially strengthening the company's leadership and strategic decision-making.

What educational background does Jay Shah bring to Braemar Hotels & Resorts (BHR)?

Jay Shah holds a Bachelor of Science degree from Cornell University School of Hotel Administration, an MBA from Temple University Fox School of Business, and a Law degree from Temple University Beasley School of Law.

Braemar Hotels & Resorts Inc.

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