Market Overview

Forbes Travel Guide Announces New Leadership Structure to Support Expansion Plans to 100 Countries in 2019


Jerry Inzerillo appointed as Vice-Chairman to the Forbes Travel Guide
Board of Directors and Filip Boyen joins company as Chief Executive

Forbes Travel Guide, the global authority on luxury travel, announced
today a plan to significantly scale the company from evaluating and
verifying luxury hospitality in 60 countries to 100 countries by the end
of 2019. As part of this growth strategy, the company has made several
key appointments and executive promotions.

This press release features multimedia. View the full release here:

Filip Boyen, CEO of Forbes Travel Guide (Photo: Business Wire)

Filip Boyen, CEO of Forbes Travel Guide (Photo: Business Wire)

Gerard "Jerry" Inzerillo, who has served as CEO of Forbes Travel Guide
since 2014, will be appointed Vice-Chairman of the Forbes Travel Guide
Board of Directors and veteran luxury hospitality leader of 30 years,
Filip Boyen, will be appointed CEO of Forbes Travel Guide. Filip was
most recently the CEO of Small Luxury Hotels of the World, which he
joined in 2015 following decades of stewardship with Orient Express
Hotels and Resorts where his last role was Chief Operation Officer at
Belmond and will remain in London.

"Jerry's leadership and vision was a driving force in the company's
successful growth during these last four years," said Jeff Arnold,
Chairman of the Forbes Travel Guide Board of Directors. "We are
delighted he will remain on the BOD and help guide our governance and
strategic direction in this exciting new era of expansion. We wish him
the very best in his new appointment from HRH, The Crown Prince of the
Kingdom of Saudi Arabia Mohammed Bin Salman, as CEO of the Diriyah Gate
Development Authority."

Arnold continued, "We are very excited to welcome Filip to the company
as CEO with his valuable operational and revenue-growth expertise
focusing on the development of new and expanded opportunities for our
business. His extensive experience in luxury hospitality, commitment to
guest service and proven track record as a global operator of luxury
brands will help us to continue our growth while remaining true to our
commitment of unbiased excellence at this dynamic time of globalization
in the luxury market."

"It is a great honor for me to join the originators of the Five-Star
hospitality rating system and to have the chance to work with such an
exceptional group of professionals as we expand our services to the
industry and our guests globally," said Boyen.

The company also announced that Tony Hounshell will join the company as
Executive Vice President of Finance and will be responsible for the
global operations of the company's finance and accounting divisions.
Tony brings almost twenty years of senior financial services experience
with leading firms including most recently, Ernst & Young. Additionally,
veteran Forbes Travel Guide executives Peter Kressaty, Tom Flournoy,
Amanda Frasier, Mica Hill and Marilyn Karstaedt have been promoted to
Executive Vice Presidents.


Forbes Travel Guide is the only independent, global rating system for
luxury hotels, restaurants and spas. Started as Mobil Travel Guide in
1958, the company created the first Five-Star rating system in the
United States. Today, Forbes Travel Guide's incognito inspectors travel
the world, evaluating properties based on up to 900 rigorous, objective
standards. The company's annual Star Ratings, reviews and daily travel
stories help discerning travelers select the world's best luxury
experiences. For more information about Forbes Travel Guide, visit

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