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James Carroll & Sean Dell'Orto Named

Barcelo Crestline Corporation gets new COO and CFO

eTN Staff Writer  Oct 29, 2009

Bruce Wardinski, president and CEO of Barcelo Crestline Corporation, today announced the promotion of Mr. James Carroll to chief operating officer and Sean Dell'Orto to chief financial officer for Crestline Hotels & Resorts.

Mr. Carroll was formerly the chief financial officer for Barcelo Crestline Corporation. In his new position Mr. Carroll will lead the executive management team for Crestline Hotels & Resorts, and under his direction, several additional hotel operations oversight positions are expected to be announced in the coming months.

"James has made a significant contribution to the ongoing growth and success of our companies," said Bruce Wardinski, president & CEO of Barcelo Crestline Corporation. "We are confident that under his leadership we will be able to accelerate the growth of Crestline Hotels & Resorts while continuing to bring exceptional results to our owners and partners."

Mr. Carroll joined Barcelo Crestline in 2004 from Dell, Inc. where he held several operations and financial management positions. During his tenure at Barcelo Crestline, Mr. Carroll served as senior vice president and treasurer, and in 2006 was promoted to chief financial officer.

In addition to leading the financial team at Barcelo Crestline and Crestline Hotels & Resorts, Mr. Carroll was closely involved in the formation of Playa Hotels & Resorts, an international private equity real estate venture. He has assisted in raising over US$580 million of equity and led the teams responsible for obtaining over US$835 million of corporate and property level debt financing for international projects.

Mr. Carroll holds a Masters degree in business administration from the Harvard Business School. He is a graduate of the US Naval Academy and completed Naval Flight Training in Pensacola, Florida, and Kingsville, Texas. Previously, he served as a Naval Aviator and Lieutenant Commander in the United States Navy.

Mr. Sean Dell'Orto was previously the vice president and treasurer of Barcelo Crestline Corporation, which is the parent company of Crestline Hotels and Resorts, Inc.

"Sean's extensive background in successfully growing public and private companies, coupled with his hands-on knowledge of the Crestline portfolio, make him the ideal candidate for CFO of Crestline," said Bruce Wardinski, president & CEO of Barcelo Crestline Corporation. "Working in tandem with James Carroll, who was recently appointed chief operating officer for Crestline, we anticipate accelerated growth and strong financial returns for our portfolio, as well as the owners and operators with whom we work," added Wardinski.

Mr. Dell'Orto joined Barcelo Crestline Corporation in 1998 as a financial analyst for Crestline Capital Corporation and was soon promoted to senior financial analyst for Lodging Investments. He has held a variety of financial positions within the Barcelo Crestline Corporation including director of corporate finance and senior director of finance. He left the company to serve as treasurer for Highland Hospitality, a public REIT formed in 2003 and sold in 2007. Upon the sale of Highland Hospitality, Mr. Dell'Orto returned to Barcelo Crestline as vice president and treasurer.

Mr. Dell'Orto holds an MBA from the Wharton School of Business and is a graduate of the University of Virginia, McIntire School of Commerce with a BS in commerce. He began his career as a financial analyst for Host Marriott Corporation.

Barcelo Crestline Corporation is the parent company of Crestline Hotels and Resorts, Inc. which manages 66 hotels in 13 states and the District of Columbia and is among the top 10 hospitality management companies in the US.

Barcelo Crestline Corporation gets new COO and CFO
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