Changes to Generator management
Generator, the innovative, design-led hostel group, has appointed Fredrik Korallus as its new Chief Executive Officer.
A business leader with substantial international experience, Korallus brings over two decades of hospitality, leisure and travel expertise having led brands such as Radisson Blu, Park Inn by Radisson and Regent Hotels. Most recently, he served as CEO for The Hotel Collection, the private equity-owned hotel group, where he led a successful repositioning and consequent sale of the business. Korallus will lead the Generator business and drive the brand, including further expansion in Europe and its imminent entry into the North American market.
Korallus comments: “The hostel sector is one of the most exciting areas in the hospitality industry and Generator is leading the charge to redefine it. We have a powerful brand, strong team and a wide foothold in key European destinations such as Barcelona, Berlin, London and Paris, I look forward to accelerating our growth, most imminently though entry into the North American market.”
In addition, Generator is strengthening its management team with the appointment of Josh Wyatt (pictured) as Chief Strategic Officer. Wyatt, who on behalf of Patron led the origination of the Generator business in 2007, has been heavily involved with Generator in his capacity as partner and senior advisor at Patron Capital, and has defined the strategy to build the fast-paced growth and vision for the brand. In the CSO role, Wyatt will collaborate with Korallus to drive strategy innovation for the brand, set the vision for the business and accelerate global growth.
Wyatt says: “The vision for Generator continues to focus on delivering exceptional memories for our customers through innovative design and unique cultural touchpoints. With strong leadership, brand clarity and an excellent pipeline of new sites, we are ideally positioned for further rapid growth and I look forward to collaborating with Fredrik and the Generator team to lead the brand’s global rollout.”
