This new management change is one in a series of changesannounced since MeriStar Hospitality Corp., the nation'sthird-largest hotel REIT, called off its $2.7 billion merger withFelCor Lodging Trust of Irving TX late last week. Paul Whetsell,who blames the aftermath of the September 11 terrorist attacks forthe deal's demise, will remain chairman and chief executive ofMeriStar Hospitality and MeriStar Hotels. John Emery, who had beenchief operating officer of the REIT, was named COO of themanagement company also. And Bruce Wiles, who was chief investmentofficer of the REIT, was given that role at MeriStar Hotels aswell. Emery had been CIO at the management company.
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