Sonesta Announces New CEO, President

Murray has been a Managing Trustee, President and Chief Executive Officer of Service Properties Trust, which owns a 34% interest in Sonesta, since 2018 and a member of SVC's management team since its initial public offering in 1995. He currently serves on the Urban Land Institute (ULI) Development Council and the American Hotel Lodging Association (ALHA) Hotel Investment Roundtable. Murray succeeds Carlos Flores, who is resigning  effective March 31 to relocate his family back to California.  Flores will continue with Sonesta as an advisor to Murray and the company.

In connection with his transition to President and Chief Executive Officer of Sonesta, Mr. Murray will resign from his roles as President and Chief Executive Officer of Service Properties Trust and President and Chief Executive Officer of Industrial Logistics Properties Trust. He will continue to serve as a Managing Trustee on the boards of SVC and ILPT, and  will also continue to serve as Executive Vice President of The RMR Group and a member of RMR's Executive Operating Committee. Sonesta, SVC and ILPT are clients of RMR, a leading U.S. alternative asset management company.

With 1,200 properties across 15 brands in eight countries, Sonesta's seven brands include: Royal Sonesta; Sonesta Hotels & Resorts; Sonesta Select; Sonesta ES Suites; Sonesta Simply Suites; Sonesta Posadas del Inca; Sonesta Cruise Collection – operating in the U.S., Canada, Chile, Colombia, Ecuador, Egypt, Peru, and St. Maarten.  Sonesta also owns and franchises eight other brands including – Hotel RL; Red Lion Hotels; Red Lion Inn & Suites; Signature Inn; GuestHouse Extended Stay; Knights Inn; Americas Best Value Inn; Canadas Best Value Inn.