Mission Hill Hospitality, a select-service and extended-stay hotel investor, has appointed Tom Barber as CFO, a newly created position.
Barber joined Mission Hill Hospitality as managing director of acquisitions when the firm was launched in March 2021. Today, the company has built a portfolio of 33 select-service and extended-stay hotels across 16 states, particularly in markets driven by year-round education, medical, corporate and leisure demand.
“[Tom] has been instrumental in Mission Hill Hospitality’s growth and success since our inception,” said Greg Kennealey, CEO, Mission Hill Hospitality. “As part of our vision to build the best performing, highest-quality select-service and extended-stay platform in the industry, Tom’s commitment and dedication will help us continue to advance. His character and values exemplify our team of exceptional and talented individuals who drive our ongoing success.”
Barber has decades of hospitality experience and a career that has focused on finance, operations, strategy and M&A. Before joining Mission Hill, he served as global chief development officer of Wyndham Hotels & Resorts, where he had direct global responsibility for sales and design and construction.
From 2012-2017, he was head of corporate development for Wyndham Worldwide, where he led the spinoff of Wyndham Hotels & Resorts from Wyndham Worldwide, the $2-billion acquisition of La Quinta Hotels & Resorts and the $1.3-billion divestiture of European Rentals, among other transactions. His broad suite of expertise was formed during his years as director of mergers and acquisitions at Credit Suisse and positions in strategy consulting and technology at Gemini Consulting and Microsoft, respectively.