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Carey Watermark Investors, Carey Watermark Investors 2 elect directors

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Carey Watermark Investors, Carey Watermark Investors 2 elect directors

Nontraded real estate investment trust affiliates Carey Watermark Investors Inc. and Carey Watermark Investors 2 Inc. elected new members to their respective boards of directors.

Carey Watermark Investors' board elected Simon Turner as a director Dec. 14. Turner was Starwood Hotels & Resorts' president, global development until October 2016.

Katherine Lugar was elected on the same day to serve on the board of Carey Watermark Investors 2. Lugar, who is the president and CEO of the American Hotel and Lodging Association, will become the CEO of the American Beverage Association on Jan. 1, 2019.