IndeCorp President Departs

Peter Aeby, Chairman of the Board of IndeCorp Corporation, which owns and operates three brands of independent hotels located on five continents, Preferred Hotels® & Resorts Worldwide, Summit Hotels & Resorts and Sterling Hotels & Resorts, announced today that Peter Cass has left the organization as President and CEO of the company, effective immediately. Mr. Aeby said that the decision was reached mutually and made in the best interest of the corporation. Mr. Aeby and Board Member Onno Poortier will jointly oversee the corporation until a successor is named. The current Managing Directors will continue to handle the direction of each of the individual brands, of which the day-to-day operations will remain unchanged.
“We would like to thank Mr. Cass for his vision and dedication to the organization for the past nine years,” said Aeby. “Peter Cass was responsible for growing our company in many significant ways through his leadership and vision. Going forward it is our intention to strike a balance between strategic vision and the ongoing business needs of the many fine hotels we represent.”
“I have enjoyed my nine years at IndeCorp and Preferred and I am pleased to have been a part of the growth and development of the organization,” said Mr. Cass.

IndeCorp, The Independent Hotel Corporation, is the protector of independent hotels and resorts, providing them with the increased competitive positioning needed to survive and thrive against chains in the global marketplace, while preserving the distinctive qualities and rich diversity that appeal to today`s discerning travelers. Headquartered in Chicago, IndeCorp is a privately held, for-profit, shareholder-owned company with sales offices in seven countries.
IndeCorp`s brand subsidiaries are composed of more than 300 distinctive luxury independent hotels and resorts in 51 countries and include Preferred Hotels & Resorts Worldwide, Sterling Hotels & Resorts, Summit Hotels & Resorts, and The Conference Collection, which is the first independent hospitality brand dedicated to serving the specialized needs of meeting planners.

The increased resources from multiple brands enables IndeCorp to provide their brands of independent hotels and resorts with expanded services in such areas as sales and marketing, quality assurance, e-commerce, customer relationship management and loyalty programs.
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