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Industry Veteran Allen Kramme Joins Richfield Hospitality As Senior Vice President Operations

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September 10, 2012

Industry Veteran Allen Kramme Joins Richfield Hospitality As Senior Vice President Operations

DENVER, Colo. – – September 10, 2012?Richfield Hospitality, a leading hotel management company, today announced that Allen Kramme has been named senior vice president of operations, responsible for directing the day-to-day operations and financial performance of the company?s 29-hotel portfolio.

?Allen joins our company during an exciting growth period,? as we launch our first international effort in China and aquire as well as secure additional assets and management contracts domestically,? said Greg Mount, Richfield Hospitality president.? ?Allen has demonstrated leadership excellence in various hotel-operations capacities including serving as an owners representative, providing regional leadership and managing a multitude of renowned properties. With his 30-years of experience with leading brands and management companies, he will help facilitate our aggressive growth in the coming years.?

Prior to joining Richfield, Kramme served as a hotel industry consultant and project manager, most recently providing asset management services for St. Regis Deer Valley in Park City, Utah, a Richfield asset-managed hotel.? A veteran general manager, Kramme has more than 30 years experience opening, operating and repositioning full-service hotels across the country.? Before launching his consultancy, Kramme held general manager and regional positions with Starwood Hotels & Resorts Worldwide, Interstate Hotels & Resorts and Hyatt Hotels and Resorts.? He holds a bachelor?s degree from Cornell University.

About Richfield Hospitality

Richfield Hospitality, Inc. is a leading hotel management company with a premier track record of maximizing profitability and improving asset values for hotel owners. From hotel operations and property management to electronic distribution and interactive marketing, Richfield achieves superior operating results through its strong commitment to guests, employees and owners. Based in Denver, Richfield is part of City Developments Limited, one of the world?s largest real estate, hotel investment and technology conglomerates with a market capitalization exceeding US$6 billion.? Additional information about Richfield Hospitality may be found at the company?s website www.richfield.com.

Source: Richfield Hospitality

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