Allen Kramme, Senior Vice President of Operations
Allen Kramme, Senior Vice President of Operations, directs the nation-wide team responsible for day-to-day operations and financial performance of the company’s portfolio of hotels, including oversight of Richfield’s Asset Management contracts.
A veteran of the hotel industry, Kramme has more than 30 years of progressive experience in all operational aspects of the industry. His background includes the opening, re-opening and conversion of over a dozen hotels, leading more than 30 property and resort acquisitions as well as operating and repositioning full-service properties across the country. His hands-on experience as a General Manager combine strongly with his Regional oversight and Corporate Executive positions to allow for a balanced approach to hospitality management with a focus on driving bottom line performance. Kramme has worked with Hyatt Hotels & Resorts, Interstate Hotels & Resorts and Starwood Hotels & Resorts in addition to a decade as a highly successful and sought after independent hospitality consultant. He holds a bachelor’s degree from Cornell University School of Hotel Administration.
Kevin Yerdon, Senior Director of Performance Optimization
Kevin Yerdon is Director of Business Development and is responsible for identifying growth opportunities for Richfield’s portfolio of owned and managed properties. Kevin previously worked in investment services for Richfield, leading the analysis, due diligence, and underwriting efforts for hotel acquisitions, development projects, and third-party management opportunities. Previously he provided analysis for development and acquisitions with Sage Hospitality and CSM Corporation, both following a twelve-year period with Marriott International spanning roles in property operations, revenue management, sales and marketing, and analysis. With cross-disciplinary experience Mr. Yerdon uniquely balances compelling approaches to market analysis, planning, and positioning with qualitative aptitude in returns analysis, investment modeling, and valuation. Mr. Yerdon is a LEED Accredited Professional (LEED AP) and a member of Urban Land Institute. He holds undergraduate degrees in Economics and International Affairs from the University of Cincinnati, along with a Masters degree in Urban and Regional Planning from the University of Minnesota.