RALEIGH, N.C. (Sept. 8, 2021) – Concord Hospitality Enterprises, an award-winning hotel development and management company, is pleased to announce that Ting Hu has been promoted to Vice President of Business Applications. In her newly appointed role, Hu will be responsible for overseeing business intelligence and dashboard tools, as well as budgeting and forecasting for all of Concord’s 140 properties. She will continue working closely with hotel general managers and Concord’s regional vice presidents to identify the right tools for both internal and external operations.
“We are thrilled to see Ting elevate to Vice President,” said Debra Punke, Chief Human Resource Officer of Concord Hospitality. “Her work has significantly contributed to the positive growth of Concord’s management services, and we look forward to seeing the impacts of her knowledge and expertise for years to come.”
With a variety of experience of under her belt, Hu joined Concord in 2012 and has since played a significant role in advancing the hotel management company’s business applications. As Senior Director of Business Applications, she designed training modules for new associates, budget and forecast models to maximize efficiency and accuracy for all users, and complex financial models for pro-formas. Hu also migrated the financial model to a cloud-based software and driver-based model. Since joining Concord, she has led cross-team programs with internal teams and external vendors and driven complex multi-stakeholder planning processes.
“I would not be here without the support of Concord’s leadership and operations teams – their feedback and guidance has pushed me forward in my role, which has allowed the segment overall to progress to where it is today,” said Hu. “My success is truly a testament to the valuable mentoring I have received from numerous colleagues, for which I am incredibly grateful.”
Hu earned her bachelor’s degree in Communication Studies from the University of Texas and her master’s in Business Administration from the University of Wisconsin. She also trains service dogs through Canine Companions, which donates service dogs free of charge to recipients in need.