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CHMWarnick names Drew Wallace SVP for Proph+IT

CHMWarnick has appointed Drew Wallace senior vice president to lead product development for Proph+IT, its hotel analytics platform. He founded HotelBIS and reports to Jonathan Newbury.

CHMWarnick appoints Drew Wallace senior vice president

CHMWarnick has appointed Drew Wallace as senior vice president to lead product development for Proph+IT, its proprietary hotel analytics platform.

Wallace owns the Proph+IT roadmap

Wallace will own the Proph+IT product roadmap, per the announcement. He will set the priority order for the platform's next features and bring more resources to the Proph+IT team to support a growing client base.

He reports to Jonathan Newbury, executive vice president and Proph+IT lead. Newbury continues to lead Proph+IT for the firm. The two will advance a pipeline of enhancements aimed at reporting and analysis.

A HotelBIS founder joins the platform team

Wallace founded and built Hotel Business Intelligence Solutions, known as HotelBIS, a business intelligence platform serving institutional and private hotel ownership groups. His career spans hotel asset management, operations and investments across owners and operators.

CHMWarnick said several ownership groups Wallace has worked with in the past are adopting Proph+IT.

Sorensen on the investment

“Proph+IT reflects our investment in analytics and in making sure our technology meets the needs of our clients and asset management team,” said Chad Sorensen, CEO of CHMWarnick. “Drew has built and scaled a hotel business intelligence platform. Together with Jonathan's continued leadership, that experience positions us to keep delivering the tools and the service our clients expect.”

Newbury on the growth

“Drew brings additional resources and experience to the Proph+IT team as it continues to grow, and his addition will allow us to keep pace with the rapid adoption of Proph+IT and make sure our clients have the support they need,” Newbury said. “Drew is additive to what we have built. He strengthens our commitment to enhance the features our clients rely on and to put the latest technology to work for them, and I look forward to working alongside him as we continue to scale the platform.”

Wallace on the mandate

“Owners need analytics they can act on, and the commitment to evolve the product as their needs change,” Wallace said. “That is what attracted me to Proph+IT. Having built a business intelligence platform for hotel ownership groups, I understand the value of clear, timely insight, and I am looking forward to working with Jonathan and building on the momentum Proph+IT has already achieved. My focus is advancing the product roadmap and future feature development while maintaining the robust client support owners depend on.”

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