People on the move at CHMWarnick and Remington

Companies in the hospitality sphere are continuing to add new executives, with CHMWarnick and Remington Hotels adding two.

CHMWarnick names VanStekelenburg SVP
Mark VanStekelenburg has been named SVP at CHMWarnick. In his new role, he serves as a senior member of the company’s hospitality advisory team, supporting clients with strategic investment decisions ranging from hotel acquisition, development and repositioning strategies to brand/management selection and capital planning, among others.

VanStekelenburg brings nearly two decades of industry consulting expertise in financial and economic analysis, market feasibility and development consulting spanning all phases of the real estate industry. He essentially provides “cradle to grave” capabilities, from acquisition underwriting to disposition strategy development, according to the company.

Prior to joining CHMWarnick, he was EVP of Northeast and MidAtlantic regions for CBRE (formerly PKF Consulting). While there, he advised on more than $100 billion in hospitality assets, including providing feasibility, appraisal, economic impact and advisory services for private and public entities. He has advised on all types of income-producing asset classes, including hotels, casinos, golf courses, ski resorts and mixed-use hospitality projects in markets throughout North America, Africa, Europe and Asia.

Remington Hotels appoints Chen
Remington Hotels has named Christian Chen VP, underwriting. With eight years of experience in this field, he oversees the underwriting team, working collaboratively with both the business development team and operations group to grow internal acquisitions and third-party management opportunities.

Most recently, he served as senior director, feasibility, Aimbridge Hospitality, where he managed deal flow, underwrote and approved project deliverables unique to each deal. Previously, he was a senior consultant with CBRE Hotels, where he developed expansion strategies based on competitive and economic environments, which were then implemented to increase penetration and market share.