VANCOUVER, British Columbia, July 28, 2017 (GLOBE NEWSWIRE) -- Effective July 27, 2017, Allied Hotel Properties Inc. (“Allied”) (TSX-V:AHP), appointed Mr. Andrew Saxton (Jr) as an alternate director on behalf of Mr. Dennis Ng.
Mr. Saxton is currently the Chief Executive Officer and a Director at King George Financial Corporation, a real estate investment firm based in Vancouver, BC. Between 2008 and 2015, Mr. Saxton served as the member of Parliament for North Vancouver, and as Parliamentary Secretary to the Minister of Finance and the President of the Treasury Board. His previous experience includes working in the banking industry at Credit Suisse and HSBC in Switzerland, New York, Vancouver, Hong Kong and Singapore.
Allied is involved in the ownership, management and development of hotels and real estate in Canada, having a history of real estate development particularly where such development can be undertaken on hotel lands. Allied’s principal assets currently comprise the Toronto Don Valley Hotel and Suites, a 353-room full service hotel located in Toronto, Ontario. Interested parties can find further information at www.alliedhotels.com.
On behalf of the Board of Directors:
(signed) Michael F. Chan
Michael F. Chan
President, Chief Financial Officer, Secretary and Director
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