Consumer >> CEO Interviews >> February 28, 2005
W. THOMAS PARRINGTON is President and Chief Executive Officer of
Lodgian, Inc., one of the largest independent owners and operators of
full-service hotels in the United States in terms of guest rooms and
gross annual revenues. He also is a member of the Board of Directors.
The company currently manages a portfolio of 85 hotels with 16,005 rooms
located in 31 states and Canada. A 30-year veteran of the hospitality
industry, Mr. Parrington has served in senior executive positions with a
number of public and private hotel companies, including Marriott, Ramada
and Interstate Hotels. Until December 1988, he was President and Chief
Executive Officer of Interstate Hotels Company, a publicly traded
company that merged with Wyndham Hotels in June 1988. During his 17-year
tenure with Interstate Hotels, Mr. Parrington served as Chief Financial
Officer and Chief Operating Officer. Since leaving Interstate, Mr.
Parrington has focused on real estate investments (primarily hotels) and
consultancy. Profile
TWST: Can we start with an overview of the company and how you see ittoday?
Mr. Parrington: Lodgian is unique in the business today in that it's an
owner and operator of hotels unlike many of