NEWPORT BEACH, CA—Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that Dennis Eichen has been appointed vice-president of finance and accounting. In his new position, Eichen will oversee the company’s financial and accounting teams, financial systems and banking relationships/financing opportunities while providing asset management expertise and strategic direction with the executive team to ensure short- and long-term profitability.
“Dennis’ vast experience and background position him as a leader who can make an immediate impact on the financial performance of our hotel portfolio,” said David Wani, CEO, Twenty Four Seven Hotels. “His aggressive approach to utilizing industry leading systems, software and tools for more efficient and effective processing of information will elevate our hotel’s performance.”
Twenty Four Seven Hotels relies on comprehensive solutions to continue to drive the digital transformation of its hotel’s financial management in an effort to provide advanced insights, implement at scale and maximize profitability.
With more than two decades of hospitality accounting experience, Eichen most recently acted as corporate controller for The Ruth Group where he was responsible for all aspects of the accounting & financial analysis function for all properties and ownership groups, including acquisition accounting for new properties. He also has served as senior director of resorts accounting & analysis with Irvine Company and held numerous property level positions, including director of finance for Marriott’s Newport Coast Villas and multi-site director of finance for Marriott’s Shadow Ridge Resort and Marriott Desert Springs Villas. A Hospitality Finance Technology Professional (HFTP) member, Eichen received his Bachelor of Science in accounting from California Polytechnic University of Pomona.
“Dennis’ combination of corporate- and property level hospitality finance experience provide the ideal background for this position,” said Drew Hardy, president, Twenty Four Seven Hotels. “As we continue to expand our portfolio, it becomes increasingly important to build an executive team to facilitate that growth. Dennis’ hands-on approach to developing a cooperative, interactive environment will increase retention while also creating opportunities for growth and development within the finance team.”