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Exclusive: New Chesapeake Hospitality CEO Shares Vision

New Chesapeake Hospitality President and CEO Chris Green says now is “a great time to pass the baton” for the third-party management company.
CoStar News
October 14, 2019 | 8:00 P.M.

GREENBELT, Maryland—Chris Green is the new president and CEO of Chesapeake Hospitality, and in an exclusive interview with Hotel News Now he said now is the perfect time in the company’s history to make an executive change.

“It’s a great time to pass the baton while we’re going full speed and have strong, continuing leadership,” he said. “With the business dynamic we have now and the level of performance we have, we’re handing off operations and the day-to-day running of the company at a time when things are well-curated and we’re ready.”

Green replaces Kim Sims, who has led the company as president since taking the family business over from his parents. Sims will step into the role as chairman of the board.

“Nobody embodies our core values of honesty, integrity and humility better than Kim Sims,” Green said. “You often read about a company’s values on their website and they don’t really align with what they do. But what we say about our culture and company is the truth. It’s one of the things that makes us different.”

Those values have played a big role in Green’s rise through the Chesapeake ranks. He started with the company in 2000 as human resources director at a Chesapeake hotel in Jacksonville, Florida, where he still is based. He took on the roles of F&B director and assistant GM at that property, moved up to the GM role at several other Chesapeake hotels, then joined corporate leadership in 2008 as VP of operations. He became COO in 2016 and chief commercial officer in 2018.

In a time when retaining good employees is so critical, Green said he often thinks about what has kept him at Chesapeake for nearly 20 years, and what the company strives to offer its 3,300 employees and many owner partners.

“I love the integrity part of our core values,” he said. “In leadership, you have to be humble. But integrity is such a key word. It’s not about what you do when everyone is looking. It’s when you have a hotel you’re operating and guest scores aren’t good—then we’re not performing with integrity. It’s a powerful concept to me.”

Focusing the company’s core values around its employees has created a positive culture that Green says he and previous leadership have invested a lot in.

“I have really high energy around the word ‘possibility’ and what it looks like on a daily basis—not just in your work life, but in your personal life, your career goals and your family goals,” he said. “To be an employer of choice, we have to be very attentive to the whole person. We focus on investing in our associates and their futures.”

Strategies for the future
When it comes to planning Chesapeake’s future under new leadership, Green said his role is to be a steward of the strategies the company has already been executing.

“Our platform is working. Our industry-leading support model, how we care for our clients, associates and guests, won’t undergo a massive change,” he said. “We’re going to continue to refine and stay curious. Being a curious company means we’re always looking for the right thing that’s next to deliver excellence.”

At the Hotel Data Conference in August (prior to his title change), Green spoke to Hotel News Now about Chesapeake’s platform and growth strategy:

Today, the company has 43 open hotels in its management portfolio and a handful in its pipeline. About one-quarter of the company’s portfolio is independent, and the rest are Hilton, Marriott International and InterContinental Hotels Group full-service brands, many in secondary markets.

“We have no interest in being one of the biggest management companies,” Green said. “We want to partner with great owners at assets where we can be a great benefit and deliver excellence. We’ve primarily been in secondary and tertiary markets where we have to fight harder to win, but we’ve learned that when we go into an A or B location, we win even faster.”

Looking ahead, Green said advancing technology is a big part of his vision. He shared the example of how streaming media platforms are replacing traditional cable.

“It’s so intuitive and seamless,” he said of streaming platforms. “How can we adopt that thinking to make the lives of our guests better and smoother? How can I do it for our owner clients?”

That type of thinking is how Green said he will approach leadership in his new role.

“I’m going to be a forward-thinking, curious and aggressive leader,” he said. “I plan to push the limits and really see how we can embolden our business.”

He has been working on the company’s strategic planning, which includes reviewing all of the reports and programs the company generates.

“We’ve tasked our staff to rate the quality of the environment and product of every report we generate and third-party vendor we work with,” he said. “We’ve been working to position ourselves to only do what matters, and in the next 100 days we’ll make changes in technology and in reporting to improve what we put out to the marketplace.”

Where does Green see the company 10 years from now?

“In 10 years if Chesapeake was operating 80 to 100 hotels and able to provide opportunities to 10,000 associates, that’s an impact worth having,” he said. “But we’ll only do that if we can do it the Chesapeake way. If you’re not intentional and you grow too fast, you can be mediocre.”