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Mr. Boekelheide is President of KWB Hotel Partners, LLC. Mr. Boekelheide has over 39 years of experience owning, operating, managing, acquiring, building and selling hotels.

From 1991 through 2011, Mr. Boekelheide was an owner and President of The Summit Group, Inc. (“SGI”). SGI was the managing member of Summit Hotel Properties, LLC (“SHP, LLC”). SGI, SHP, LLC and their affiliates developed and acquired 94 hotels from 1991 through 2010, 28 of which were sold. SGI managed and operated all of the hotels during this time period.

In 2011, SHP, LLC merged with Summit Hotel Properties, Inc. (“SHP, Inc.”) which filed its initial public offering (IPO) on February 8, 2011. Mr. Boekelheide served as the Executive Chairman of the Board of Directors for SHP, Inc. (NYSE: INN) from the IPO through July 30, 2015, when he retired from that position.

Prior to forming SGI, Mr. Boekelheide was the President and CEO, as well as a significant shareholder, of Super 8 Management, Inc., which was responsible for the management of over 100 Super 8 Motels located across the United States and Canada. In addition, he held numerous other positions in various companies that developed, owned and operated Super 8 Motels in the United States and Canada.