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Michael C. Coolidge Named as Senior Vice President, Real Estate & Lodging Development for CSM Lodging

Minneapolis, Minnesota, May 20, 2013???CSM Lodging, a division of?CSM Corporation, has named Michael C. Coolidge senior vice president, real estate & lodging development for the growing hospitality company.?? Bill Upshaw, president of CSM Lodging, made the announcement.

?It is a pleasure to welcome Michael to our company,? said Mr. Upshaw.? ?He brings extensive experience, skill sets, and business relationships to this new role that will prove invaluable as we grow our portfolio of owned and operated hotels.?

Michael Coolidge was most recently senior vice president-real estate & acquisitions for Watermark Capital Partners, a private equity investment firm based in Chicago, and co-advisor of Carey Watermark Investors, Incorporated (CWI), a $1 billion publicly-registered REIT.? In Michael?s role at CWI, he was responsible for handling all real estate acquisitions and development activity as well as supervising the asset management activities related to CWI?s properties.

Previous to this, Mr. Coolidge served as vice president of real estate for Hyatt Hotels Corporation, responsible for handling all full-service real estate acquisitions in the western United States and Canada.? He has held similar positions for Sage Hospitality, and was directly involved in all of the company?s Urban Heritage Development projects, overseeing and implementing $1 billion in real estate development.

Mr. Coolidge is a graduate of Cornell University?s School of Hotel Administration and Paul Smith?s College.? He serves as a member of the Dean?s Young Alumni Advisory Council for the Cornell School of Hotel Administration.