York-based Springwood Hospitality, a hotel development and management company, recently announced new ownership and other organizational changes.
Earlier this year President Justin Shelton assumed ownership from founder and partner David Hogg, who will remain involved as Springwood’s development specialist. To accelerate growth, Hogg is also mentoring an expanded development team.
Shelton partnered with Hogg and joined Springwood Hospitality as president in 2009. He recently purchased Hogg’s remaining 50% interest and became CEO. It was always the goal for Shelton to eventually take the reins, and for Hogg to remain involved.
Shelton had an extensive history in hospitality before coming to Springwood, landing his first general manager position before his 21st birthday.
He served on the prestigious Hilton Owner’s Advisory Council and through his distinguished service with the Tru Brand and Springwood’s award-winning development and operation of several Home2 Suites hotels, Hilton honored him with his position on the Advisory Council of Home2 Suites. Shelton is a graduate of the University of Alabama with a B.S. in hotel and restaurant management and a marketing minor.
“I am thrilled to have Justin at the helm,” Hogg said in a release. “He has driven most company decisions for years, with industry-recognized excellence that has substantially benefitted our team and our investors. I believe his leadership will deliver the best possible future for Springwood Hospitality.”
Other organizational shifts include the promotion of Director of Operations Molly Jensen to company vice president.
“It is a true pleasure to officially announce Molly’s well-deserved promotion. She has been such an asset to Springwood from day one,” Shelton said.
Springwood and its affiliates have profitably developed 34 projects worth more than $360 million in central Pennsylvania, West Virginia, New York and Maryland. They have helped high-net-worth entities and individuals invest $140 million of private capital in these projects.
Paula Wolf is a freelance writer