CHARLESTON, S.C.—Charlestowne Hotels has announced Larry Spelts as vice president of business development. He was promoted from director of business development.
The position was created for Spelts based on his 27 years of experience in operations management and business development. Since joining Charlestowne Hotels in 2009, he has developed relationships with a variety of clients resulting in over 18 properties coming under Charlestowne’s management, including the recently opened Sewanee Inn in Sewanee, Tenn.
“We are excited to recognize Larry, through this promotion, the new projects and opportunities we anticipate he will continue to bring to the Charlestowne portfolio,” states Michael Tall, president & COO of Charlestowne Hotels. “If past performance is any indicator, we should enjoy robust growth in the future with Larry’s leadership in the development space.”
Spelts has spent his career in the management and marketing of upper-upscale, luxury, boutique hotels including Relais & Chateau and Rosewood Hotels, among others. His experience is aggregated from diverse experiences with a variety of hotels and restaurants and is complemented by an MBA from NYU’s Stern School of Business. At Charlestowne, he performs underwriting for acquisitions, new development, and the repositioning of under-performing assets while bringing unique insight to strategic and financial analysis of investment opportunities.
Spelts’ experience and academic work, combined with his energy and passion for value creation, make him well suited for assisting Charlestowne Hotels and its clients.
