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Spire Hospitality Launches Strategic Asset Performance Division

Spire Hospitality has launched a Strategic Asset Performance division and promoted Shozib Khan to senior vice president to lead it, with a remit across five functions and direct partnership with owners.

Spire Hospitality has launched a Strategic Asset Performance division and promoted Shozib Khan to senior vice president to lead it. The Irving, Texas management company announced the unit on 30 September 2026. The division unites financial strategy, business intelligence, technology, artificial intelligence and hotel resources around hotel and portfolio performance.

Spire describes the division as a single, data-driven model that connects financial and operating intelligence to decisions at the property. The company states the goal as protecting and enhancing asset value for owners.

Khan's remit across five functions

The promotion widens Khan's leadership across information technology, hotel resources and transitions, brand resources, financial planning and hotel systems. His remit also covers Spire's artificial intelligence and enterprise automation strategy and direct partnership with ownership on hotel performance.

Khan most recently served as Spire's vice president of owner services, and before that as vice president of hotel performance and analytics. He worked as a general manager earlier in his career. Spire credits him with more than 25 years of hospitality leadership experience.

The division's work

Spire states the division will build financial models around key decisions and performance opportunities. It will place executive oversight on selected hotels when a property needs more attention. It will also move financial planning toward a predictive discipline, so teams see earlier what could affect future performance.

The company places artificial intelligence and enterprise automation inside the division's daily work. The uses Spire names are forecasting that is more predictive, retirement of legacy manual processes and earlier identification of opportunities that are hard to see otherwise.

Sandoval on acting earlier

"Owners expect their management partners to do more than explain performance after the fact," said Richard Sandoval, Spire Hospitality chief executive officer. "We need to see opportunities sooner and have the structure to act on them. Strategic Asset Performance creates that accountability, giving our teams a clearer path from what we're seeing across the portfolio to actions that improve performance and strengthen asset value. Shozib is the right person to lead it, and this role reflects the impact he's already had across our business."

Khan on the month-end report

"The next evolution of hotel performance is seeing where the opportunity is before it shows up in a month-end report," Khan said. "We're moving financial intelligence closer to the property, putting the right resources behind what we find, and doing it fast enough to change the outcome."

The ownership lens and the company

Spire frames the change around the owner relationship. Decisions pass through a financial and ownership lens, with what the data shows aligned to what happens at each hotel.

Spire Hospitality has its home office at 122 W John Carpenter Freeway in Irving, Texas, and states a legacy of more than 35 years in hospitality leadership. The company is a member of the AWH Partners family, which includes AWH Development, a real estate development firm.

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