Yet another Four Seasons executive has joined Auberge Resorts with Tuesday’s announcement that Randolph Weisz is joining the operator and owner of boutique luxury hotels as executive advisor to the senior management team.
In its announcement, Auberge said Weisz – a former executive vice president at Four Seasons Hotels and Resorts involved in the structuring and implementing of transactions involving more than 50 hotels and resorts, including a significant number with residential properties – will be an integral force in the global expansion of Auberge Resorts.
Weisz joins Auberge after the company accepted a cash infusion from private equity firm Friedkin Capital Partners and announced plans for an aggressive expansion plan to grow from nine properties concentrated mainly in the western United States to 20 around the world within five years.
“Randy’s success completing property and corporate transactions at Four Seasons was very attractive to us, as we are actively expanding to new markets,” said Craig Reid, CEO of Auberge Resorts. “His demonstrated expertise negotiating business and financial terms for new properties and corporate investments will be a valuable asset to help us achieve our growth objectives, and given his industry background, he understands the long-term strategic goals of Auberge, our employees, and our guests.”
Reid added that Weisz worked closely with Four Seasons hotel owners, developers and investors to fashion win/win partnerships to achieve their financial objectives. “That effort will be one of his key roles at Auberge Resorts,” Reid said.