Thomas Arasi

THOMAS ARASI is President of Bass Hotels & Resorts ‘ The Americas and a
Member of the company’s Management Committee (Board). He has full
operating, marketing, development and asset management responsibilities
for Inter-Continental and Crowne Plaza in North America and Latin
America. Mr. Arasi is also responsible for Holiday Inn, Holiday Inn
Express and Staybridge Suites by Holiday Inn in Latin America. Prior to
May 1999, he was President of Bass Hotels & Resorts ‘ Development and
Asset Management with global oversight of development of the company’s
five hotel brands and investment and asset management activities,
including its $3 billion real estate portfolio. Mr. Arasi joined the
company in June 1997 as Brand President of Crowne Plaza Hotels & Resorts
where he refocused the company’s brand strategy and operations and
embarked on a major expansion program globally. In that capacity, he
also had responsibility for Bass Hotels & Resorts’ Worldwide Sales and
Global Reservations operations. Mr. Arasi was formerly President of
Tishman Hotel Corporation. Prior to joining Tishman, he was Vice
President, Lodging Industry Specialist in the investment banking
division of Salomon Brothers, Inc. In addition, he has held positions
with Sheraton, Westin and HVS International.