DENVER—Tom Luersen, president of CoralTree Hospitality, announced that Mike Everett has joined the company as executive vice president. Everett will lead the business development; design and development services; information technology and innovations team; openings and transitions; and engineering, security, and sustainability functions for the company. Everett previously worked with Luersen and the CoralTree leadership team while at Lowe Hospitality Group.
“Mike is a great addition to our leadership team,” said Luersen. “He has a track record of excellence in our industry. We’ve worked with Mike in the past and are excited to see how he can help us grow our collection of hotels and resorts. He brings a visionary approach to our company. We just celebrated our five-year anniversary and I can’t wait for Mike to work with us in writing the next chapter of CoralTree’s story.”
In the company’s newly created role of executive vice president, Everett will interface with the company’s hospitality platform and provide support in achieving organization-wide goals. He’ll work with stakeholders such as property leadership teams, owners, and guests, as well as regional and corporate office teams.
Everett most recently was president of NuovoRE. He also was chief investment officer for Sage Hospitality Group, where he led the development, acquisition, and third-party management teams. Everett originally worked with the CoralTree leadership team when he was senior vice president of Lowe Hospitality Group overseeing hotel and resort acquisitions for Destination Hotels & Resorts, as well as expanding the company’s third-party management business.
“It’s exciting to see what the CoralTree team has done in such a short period of time,” said Everett. “In five years, the collection has grown to top nearly $1 billion in revenue. We have big goals for the company and I’m excited to be a part of its future. With such a strong foundation, great company values, and amazing team members, I can’t wait to see what we can do together.”
Everett is a graduate of the School of Hotel Administration at Cornell University. He has served on the boards of Collective Retreats, New Waterloo, and Goodwill of Colorado. He is a member of the ULI Hotel Development Council, a past member of the AHLA Investment Roundtable, and a founding board member of the Marriott Sorenson Center for Hospitality Leadership at Howard University.
