Kristie Rasheed to lead Lore Group’s US hotels

Lore Group has appointed Kristie Rasheed as managing director, US hotels, with responsibility for Riggs Washington DC, Lyle Washington DC and Hotel Park Ave NYC. Based in Washington, she will oversee the three properties’ operations, financial performance and guest experience while maintaining their individual identities.

The appointment was detailed in a company press release published on 22 October.

Kristie Rasheed brings portfolio and independent hotel experience

Rasheed joins from Olympia Hospitality, where she was vice president of operations with oversight of more than 40 hotels, spanning independent properties and Hilton, Hyatt and Marriott brands. Before that, she led The Dewberry in Charleston as managing director and general manager. Her earlier experience includes Destination Hotels and Resorts and Wyndham Vacation Rentals. Her qualifications include a Bachelor of Science in Hotel, Restaurant and Tourism Management from the University of South Carolina and the Certified Revenue Management Executive designation.

Her commercial background is illustrated by her work at The Dewberry. A case study published by revenue technology supplier IDeaS records that she joined its pre-opening team in late 2015 as director of revenue and profit optimisation, becoming general manager in 2019. It describes her role in introducing an automated revenue management system when the hotel did not have a dedicated revenue manager.

That supplier account is useful context for the appointment rather than an independent measure of performance. It shows a practical connection between Rasheed’s revenue expertise and the operational question of how managers allocate limited time and resources.

Three hotels with distinct operating identities

The US remit covers two Washington properties and a New York hotel, each with a different relationship to its building and neighbourhood. That makes the preservation of individual character a specific part of the leadership brief, rather than simply a statement about the wider group.

Riggs Washington DC occupies the former Riggs National Bank building at 9th and F Street. Its accommodation design references the building’s banking history, while its food and beverage offer includes Café Riggs and Silver Lyan, a cocktail bar in the original bank vault.

Lyle Washington DC takes a more residential approach in Dupont Circle. The 196-bedroom hotel occupies a former late Art Deco apartment building and combines accommodation with a neighbourhood restaurant, bar and flexible meeting and event spaces. Lore’s design team retained that domestic character through the interiors.

Hotel Park Ave NYC sits in Manhattan’s NoMad neighbourhood. Alongside its rooms and suites, the hotel’s published offer includes Seed Library NYC, Park Rose and meeting and event spaces. Across the three hotels, the scope therefore extends beyond room operations to restaurants, bars and events.

A people brief alongside commercial oversight

Lore’s description of its operating model places training, mentoring and coaching alongside design and hospitality. The group says its independent structure allows personalised career progression, including opportunities for employees to move between its European and American properties.

Rasheed has also discussed leadership development in her own words. In a March 2026 interview with LODGING, she highlighted professional networks, mentoring and clearer routes into leadership as areas where she saw progress for women in hospitality. The interview also confirms her operational responsibility for more than 40 Olympia hotels at that time.

For hotel operators, our assessment is that this appointment brings a familiar management challenge into focus: how to strengthen portfolio oversight without making distinctive properties feel interchangeable. Financial reporting and management support can be coordinated, while guest service and local relationships still need property-level judgement.

The useful test will be how that balance works for the teams running each hotel. Clear responsibilities, capable department heads and a shared understanding of performance matter when one senior leader oversees several different guest propositions. The appointment establishes who will lead that work across Lore’s US hotels; it does not, on its own, demonstrate the results.

For more on leadership transitions, read our first 90 days handover guide for hotel general managers. Recent portfolio appointments include Michelle Walder at Iconic Hotels & Resorts and Adam Patenaude at Dreamscape Hospitality.