MIAMI - LuxUrban Hotels Inc. (NASDAQ:LUXH), a hospitality company partnering with Wyndham Hotels & Resorts (NYSE:WH), announced the appointment of Robert Arigo as its new Chief Operating Officer effective March 15, 2024. Arigo brings 35 years of experience to the role and will oversee the day-to-day operations of the company’s hotel portfolio.
Arigo's responsibilities will include enhancing operations at the property level, optimizing supply chain relationships, improving customer experiences, and identifying new revenue opportunities. His appointment is part of LuxUrban's strategy to strengthen industry representation within its organizational structure to support ongoing growth and expansion.
Brian Ferdinand, Chairman and Co-CEO of LuxUrban, expressed confidence in Arigo’s ability to contribute to the company’s evolution, citing his inspirational leadership and extensive background in financial, marketing, and revenue management.
Arigo joins LuxUrban from M&R Hotel Management and has previously held senior positions at Hersha Hospitality (NYSE:HT) Management and Widewaters Hotels, among others. His achievements in the industry have been recognized with several awards, including 'Hotel Region of the Year' and 'Financial Leadership Award.'
Arigo will succeed Jimmie Chatmon, who will transition to the role of Director of Revenue Management on the same date. Ferdinand acknowledged Chatmon's significant contributions to LuxUrban's growth.
LuxUrban operates under an asset-light model, securing long-term leases for hotels and renting rooms to business and leisure travelers. The company has been expanding its portfolio in destination cities, leveraging the current real estate market dynamics. Through its partnership with Wyndham, LuxUrban gains competitive advantages in marketing, sales, distribution, capital allocation, and customer support.
The information in this article is based on a press release statement. LuxUrban's forward-looking statements regarding its collaboration with Wyndham and its growth strategies are subject to various risks and uncertainties, and there are no guarantees that future developments will align with current expectations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.