New CDO at Wyndham

Wyndham Hotels & Resorts has appointed Amit Sripathi chief development officer reporting to the company’s President and Chief Executive Officer, Geoff Ballotti. Sripathi will lead Wyndham’s North American franchise sales team as they help hotel owners tap into the system.

After a career, which began at Wyndham’s predecessor company, Hospitality Franchise Systems, Chip Ohlsson, chief development officer, will be leaving the company in June.

“Amit’s deep experience in mergers & acquisitions and capital markets focused on the real estate and hospitality sectors at Deutsche Bank and RLJ Lodging are instrumental as we increase our focus on growing our midscale-and-above portfolio while reinforcing our leading position in the resilient select-service segments,” said Ballotti. “Since joining Wyndham, Amit has demonstrated a strategic approach to growth. He’s helped divest our owned and managed segments leading to a pure-play U.S. franchise business and worked with our sales teams across the country and around the world deploying over $250 million in development support for our owners. He hits the ground running, knowing what our franchise sales teams need to continue outperforming expectations.”

On Ohlsson's departure, Ballotti added, “From launching his sales career with us in 1993, to returning nearly ten years ago to lead our North America franchise sales teams, Chip has shown unwavering commitment to Wyndham and our franchisees. We are extremely grateful for his proven leadership and ability to attract, promote and develop a best-in-class sales team that consistently delivers, and we wish him all the best.”