Sripathi will be replacing Chip Ohlsson, who will be exiting the company in June.

Ohlsson began his career at Wyndham with its predecessor company, Hospitality Franchise Systems. During his tenure at Wyndham, the company grew its portfolio from 14 to 25 brands, including the launches of ECHO Suites Extended Stay by Wyndham. He encouraged diversity on the franchise sales team and owners and played a key role in creating programs such as Women Own the Room and BOLD by Wyndham.

“From launching his sales career with us in 1993 to returning nearly 10 years ago to lead our North America franchise sales teams, Chip has shown unwavering commitment to Wyndham and our franchisees,” said Ballotti. “We are grateful for his proven leadership and ability to attract, promote and develop a best-in-class sales team that consistently delivers, and we wish him all the best.”

Sripathi has experience in mergers and acquisitions and capital markets focused on the real estate and hospitality sectors at Deutsche Bank and RLJ Lodging. His background will be instrumental for Wyndham as it focuses on its midscale-and-above portfolio, while reinforcing its position in the select-service segments, Balotti said in a statement.

Since joining Wyndham in 2021, Sripathi has assisted in the divestment of owned and managed segments, which led to a pure-play U.S. franchise business, and worked along with the sales teams in the country and globally and deployed more than $250 million in development support for owners.

Wyndham has posted 15 consecutive quarters of organic growth in net rooms and has its largest ever development pipeline, which indicates that existing and prospective franchisees support Wyndham’s brands and sales, marketing and distribution systems, Sripathi said.

By Kathakali Nandi