To Download a PDF of an Interview with Greg

Total Page:16

File Type:pdf, Size:1020Kb

To Download a PDF of an Interview with Greg Focused on the Pacifi c Northwest An Interview with Greg Mount, Hotel RL in Washington, D.C. President and Chief Executive Offi cer, RLH Corporation exterior (above) and guestroom (left) EDITOR’S NOTE Greg Mount joined The ethos of the company was That said, the bigger brands are com- RLH Corporation as President and also rooted in the Pacific Northwest, moditizing the locations they’re in and are Chief Executive Offi cer in January which we saw as a distinct advan- asking the consumer to make a decision 2014, with more than 25 years of tage when we came onboard. based less on the brand and more on the experience in the industry. Prior When we started looking to location and price. to joining RLH, Mount served as reposition the company and the We also see that the millennial genera- President of Richfi eld Hospitality, brand, and to look forward at what tion, which is now upwards of 37 years Richfield Hospitality China and we should leverage upon, the old, just eclipsed the Baby Boomers in their Sceptre Hospitality, where he exe- Pacific Northwest was the focus and overall spend on travel and hotels, and are cuted a number of strategic deals it continues to be in our brands, in very different consumers. They are look- including the acquisition and our organization and in our culture. ing for location and experience and online merger of Whiteboards Labs into We have utilized this as our cultural reputation and expect to be able to com- Sceptre Hospitality. Previously, he Greg Mount base, and it’s the North Star for us municate with the hotel when and how they held senior roles at Sage Hospitality, as we go forward with everything want to. as well as Starwood Hotels & Resorts Worldwide, we do. It’s a different positioning than we have where he led the full-service division responsi- Is there close coordination between the seen before. The way that digital e-com- ble for developing franchises and management brands or do they operate independently? merce has evolved and is evolving means contracts for the Westin, Sheraton, Four Points The brands do benefit from each other the disruptors are going to get disrupted and by Sheraton, Le Meridien, and Luxury Collection in terms of the innovations that are derived will continue to be. brands in the United States, Canada and the from one brand or another. At the same Google controls 90 percent of search Caribbean. Earlier, Mount held senior operat- time, the brands are very different and dis- worldwide, which basically means that if ing positions at Interstate Hotels Corporation tinct. They each have their own team, their we’re not in the first five hotels listed on a and Marriott International Hotels, working his own focus on consumer segments, and they mobile device, we’re not going to be seen. way up through a number of hotel and regional each stay fairly siloed as it relates to the The landscape is changing rapidly. management positions before moving into digital e-commerce and marketing that goes Is it challenging to balance short- development. on around them because they have different term pressures with the need to make consumers. long-term investments? COMPANY BRIEF Hailing from the Pacific We are able to work them vertically. We When we came onboard, we had a bal- Northwest, Red Lion Hotels Corporation can have a number of owners that own mul- ance sheet that needed to be cleaned up. trace its beginnings all the way back to 1937 tiple brands in multiple segments, and that is We had a number of assets that had to be with hotel developers and has since trans- always an advantage for us as well. sold and we had a number that needed to formed into RLH Corporation (redlion.com). Hotel RL was developed to be an upscale be renovated and sold. We’re now in a posi- Its family of brands includes Hotel RL, Red conversion brand. That brand, not unlike my tion where we’re selling those assets and are Lion Hotels, Red Lion Inn & Suites, Lexington, time at Starwood, is somewhat similar to W almost becoming asset light. Settle Inn, Signature Inn, GuestHouse, Hotels, and is really where all the innovation I look back on this process and it was America’s Best Inns & Suites, Americas Best occurs within our organization. a short-term strategy with more of a long- Value Inn, Canadas Best Value Inn, and When we are building our mobile app term goal, which is really to become a fran- Country Hearth Inn & Suites. RLH caters to or figuring out how to go without a desk at chising organization that has much stronger travelers from all walks of life with a warm check-in, or any of the other innovations we EBITDA and less capital requirements. This staff, spacious rooms and affordable rates have put forth from a technology or service is rewarded in the public markets more than while seeking to introduce local experiences standpoint, it always starts at Hotel RL and real estate-based hotel organizations. to ever-savvy guests. evolves into the other brands. We continually need to and are making While the individual brands are at the investments in innovation and technology to Will you discuss the history and heritage forefront in terms of branding, is it also stay relevant and pertinent today and for the of RLH and what excited you to join the important to promote the RLH name? future. company? This is a question that is becoming The landscape is going to change pretty When a few of the other executives and pertinent in the current environment as it dramatically and, if we don’t reinvent or I came onboard, we were excited about the relates to how consumers are booking innovate around what that is going to look heritage of the company. It is a 40-plus year- rooms. like and make those investments in the short old organization that has a great heritage. It The ways of the travel consumer are term and long term, it will have a negative grew from a place on the Pacific Northwest changing, but I would argue that brands are impact on us. where people held their family vacations, becoming less important, although they will We take this very seriously and we have weddings and proms. It had a great historic always matter since they designate the price made, and will continue to make, signifi cant glow to it. value for the consumer. investments in the short term and long term.• 86 LEADERS POSTED WITH PERMISSION. COPYRIGHT © 2019 LEADERS MAGAZINE, INC. VOLUME 42, NUMBER 1.
Recommended publications
  • All Securities Law, Franchise Law, and Take-Over Law Filings for 3/28/2021 Through 4/3/2021
    All Securities Law, Franchise Law, and Take-Over Law Filings for 3/28/2021 through 4/3/2021 Securities Law Registration Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received Capital Impact Partners Arlington, VA 3/30/2021 863527-02 Registered Number of Registration Filings: 1 Securities Law Exemption Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received Life Point Christian Fellowship San Tan Valley, 3/31/2021 863617-08 Not Disallowed D/B/A Lifepoint Church AZ Number of Exemption Filings: 1 Securities Law Federal Covered Security-Investment Company Filings Made with DFI’s Securities Division Firm Name Location Date File Number Status Received AMG Funds III AMG GW&K High Greenwich, CT 4/2/2021 863525-03 Filed Income Fund Class I Ei. Ventures, Inc. Kihei, HI 4/2/2021 863624-25 Filed Epilog Imaging Systems, Inc. San Jose, CA 4/2/2021 863623-25 Filed 1WS Credit Income Fund Class New York, NY 4/1/2021 863521-59 Filed A-2 Shares Advisors Series Trust First Milwaukee, WI 4/1/2021 863520-03 Filed Sentier American Listed Infrastructure Fund Class I FS Series Trust FS Real Asset Philadelphia, PA 4/1/2021 863523-03 Filed Fund Class A FS Series Trust FS Real Asset Philadelphia, PA 4/1/2021 863524-03 Filed Fund Class I Morgan Stanley Institutional New York, NY 4/1/2021 863522-03 Filed Fund, Inc. Emerging Markets Leaders Portfolio Class IR Aspiriant Risk-Managed Capital Milwaukee, WI 3/30/2021 863622-59 Filed Appreciation Fund Aspiriant Risk-Managed Real Milwaukee,
    [Show full text]
  • 2018 Hotel Brand Reputation Rankings: USA & Canada
    REPORT 2018 Hotel Brand Reputation Rankings: USA & Canada October 2018 INDEX Introduction 4 Methodology 6 The Importance of Brand Reputation 7 Key Data Points: All Chain Scales 8 Key Findings 9 Summary of Top Performers 10 ECONOMY BRANDS Overview 13 Top 25 Branded Economy Hotels 14 Economy Brand Ranking 15 Economy Brand Ranking by Improvement 16 Economy Brand Ranking by Service 17 Economy Brand Ranking by Value 18 Economy Brand Ranking by Rooms 19 Economy Brand Ranking by Cleanliness 20 Review Sources: Economy Brands 21 Country Indexes: Economy Brands 22 Response Rates: Economy Brands 22 Semantic Mentions: Economy Brands 23 MIDSCALE BRANDS Overview 24 Top 25 Branded Midscale Hotels 25 Midscale Brand Ranking 26 Midscale Brand Ranking by Improvement 27 Midscale Brand Ranking by Service 28 Midscale Brand Ranking by Value 29 Midscale Brand Ranking by Rooms 30 Midscale Brand Ranking by Cleanliness 31 Review Sources: Midscale Brands 32 Country Indexes: Midscale Brands 33 Response Rates: Midscale Brands 33 Semantic Mentions: Midscale Brands 34 UPPER MIDSCALE BRANDS Overview 35 Top 25 Branded Upper Midscale Hotels 36 Upper Midscale Brand Ranking 37 Upper Midscale Brand Ranking by Improvement 38 Upper Midscale Brand Ranking by Service 39 Upper Midscale Brand Ranking by Value 40 Upper Midscale Brand Ranking by Rooms 41 Upper Midscale Brand Ranking by Cleanliness 42 Review Sources: Upper Midscale Brands 43 Country Indexes: Upper Midscale Brands 44 Response Rates: Upper Midscale Brands 44 Semantic Mentions: Upper Midscale Brands 45 Index www.reviewpro.com
    [Show full text]
  • Proposed Downtown Berryville Hotel
    Proposed Downtown Berryville Hotel Berryville, Virginia 22611-1315 NKF Job No.: 19-0004412 Feasibility Study Prepared For: Mr. Nathan Stalvey President Berryville Main Street 23 East Main Street Berryville, VA 22611-1315 Prepared By: Newmark Knight Frank Hospitality, Gaming & Leisure Group Valuation & Advisory 1350 Euclid Avenue, Suite 300 Cleveland, OH 44115 1350 Euclid Avenue, Suite 300 Cleveland, OH 44115 July 19, 2019 Mr. Nathan Stalvey President Berryville Main Street 23 East Main Street Berryville, VA 22611-1315 RE: Feasibility Study of a Proposed Downtown Berryville Hotel Downtown Berryville , Berryville, Virginia NKF Job No.: 19-0004412 Newmark Knight Frank Valuation & Advisory, LLC has prepared a feasibility study of the referenced property in the following report. Summary of the Proposed Subject Property The feasibility study considers development of a proposed hotel in Downtown Berryville on or proximate to Main Street. The subject site has average access to major roadway (State Route 7) because of its proposed location in downtown Berryville's Main Street district, limiting its visibility and ease of ingress and egress from a major roadway. While the proposed site is proximate to some demand generators, the low density of commercial developments in the area is projected to be a weakness. Leisure attractions in Berryville and Clarke County including vineyards, historic manors and event venues, and Barns of Rose Hill will help mitigate this weakness. Visibility is considered to be average, relative to other historic downtown locations, due to its proposed multi- level configuration, assumed signage, and on or proximate to Main Street. State Route 7, which connects Berryville to neighboring Winchester and Leesburg, is less than a mile north from central downtown.
    [Show full text]
  • 2007 Cattle Industry Annual Convention & Trade Show
    WALTER E. WASHINGTON CONVENTION CENTER JUNE 18 - 22, 2016 SHUTTLE SCHEDULE & ROUTES (PRELIMINARY AS OF APRIL 1, 2016- SUBJECT TO CHANGE) SATURDAY, JUNE 18, 2016 7:00 a.m. - 6:00 p.m. Every 20-40 minutes SUNDAY, JUNE 19, 2016 TUESDAY, JUNE 21, 2016 6:30 a.m. - 1:30 p.m. Every 10-20 minutes 6:00 a.m. - 10:00 a.m. Every 8-10 minutes 1:30 p.m. - 8:00 p.m. Every 8-20 minutes 10:00 a.m. - 3:00 p.m. Every 20-40 minutes MONDAY, JUNE 20, 2016 3:00 p.m. - 10:00 p.m. Every 8-20 minutes 6:00 a.m. - 10:00 a.m. Every 8-10 minutes WEDNESDAY, JUNE 22, 2016 10:00 a.m. - 3:00 p.m. Every 20-40 minutes 7:00 a.m. - 10:00 a.m. Every 8-10 minutes 3:00 p.m. - 6:30 p.m. Every 8-10 minutes 10:00 a.m. - 1:30 p.m. Every 10-20 minutes ROUTE – A Downtown Penn Quarter ROUTE – G Georgetown Washington Circle JW Marriott – Curbside on Pennsylvania Avenue Hotel Lombardy – Curbside on “I” Street at Front Entrance W Washington DC – Curbside on 15th Street One Washington Circle – Curbside on Washington Circle Marriott at Metro Center – Curbside on 12th Street Renaissance Dupont Circle – Curbside on New Hampshire Best Western Georgetown Suites – Use Renaissance Stop St. Gregory - Use Renaissance Stop Hotel Madera - Use Renaissance Stop ROUTE – B Downtown Thomas Circle ROUTE – H Adams Morgan Dupont Circle Hamilton Crowne Plaza – Curbside on 14th Street Washington Hilton – Curbside on “T” Street Donovan House – Curbside on 14th Street Churchill Embassy Row – Curbside on Connecticut Avenue Residence Inn Washington DC – Use Donovan House stop Courtyard by Marriott Dupont Circle – Use Churchill Stop Washington Plaza – Curbside on Vermont Avenue Normandy Hotel – Use Churchill Stop Comfort Inn Downtown Conv.
    [Show full text]
  • United States District Court Eastern District of Texas Marshall Division
    Case 2:11-cv-00427-JRG Document 69 Filed 12/21/11 Page 1 of 6 PageID #: 310 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TEXAS MARSHALL DIVISION VARIANT HOLDINGS, LLC AND VARIANT, INC. Plaintiffs, v. HILTON HOTELS HOLDINGS LLC; ACCOR NORTH AMERICA, INC. D/B/A MOTEL 6 D/B/A STUDIO 6 D/B/A NOVOTEL HOTELS; ALAMO RENT A CAR, LLC; BAYMONT FRANCHISE SYSTEMS, INC. D/B/A BAYMONT INN & SUITES; BENCHMARK HOSPITALITY INTERNATIONAL D/B/A HOTEL CONTESSA; DAYS INNS WORLDWIDE, INC.; DOLLAR RENT A CAR, INC.; DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.; ENTERPRISE HOLDINGS, INC.; ENTERPRISE RENT-A-CAR CO.; FERTITTA HOSPITALITY, INC. D/B/A HILTON GALVESTON ISLAND RESORT; Civil Action No.: 2:11-cv-00427 HAWTHORN SUITES FRANCHISING, INC.; HILTON GOLBAL HOLDINGS LLC; HILTON WORLDWIDE HOLDINGS, INC.; HILTON WORLDWIDE, INC. F/K/A HILTON HOTELS CORP. D/B/A CONRAD HOTELS & RESORTS D/B/A DOUBLETREE BY HILTON D/B/A EMBASSY SUITES HOTELS D/B/A HAMPTON INN D/B/A HAMPTON INN & SUITES D/B/A HILTON HOTELS & RESORTS D/B/A HILTON GARDEN INN D/B/A HOME2 SUITES BY HILTON D/B/A HOMEWOOD SUITES BY HILTON D/B/A WALDORF ASTORIA HOTELS & RESORTS D/B/A HILTON GRAND VACATIONS; HOWARD JOHNSON INTERNATIONAL, INC.; HYATT CORPORATION; HYATT HOTELS CORPORATION D/B/A PARK HYATT D/B/A ANDAZ D/B/A GRAND HYATT HOTELS D/B/A HYATT REGENCY HOTELS D/B/A HYATT Case 2:11-cv-00427-JRG Document 69 Filed 12/21/11 Page 2 of 6 PageID #: 311 SUMMERFIELD SUITES D/B/A HYATT RESORTS D/B/A HYATT VACATION CLUB; HYATT HOTELS MANAGEMENT CORPORATION; HYATT PLACE FRANCHISING, L.L.C.; KNIGHTS FRANCHISE SYSTEMS, INC.
    [Show full text]
  • Hotels-At-A-Glance Rooms Must Be Booked Through Orchid Events by August 10, 2017
    Hotels-At-A-Glance Rooms must be booked through Orchid Events by August 10, 2017. For reservations: (866) 748-9563 – OR – https://aws.passkey.com/go/doterra2017SLC Room Rates Free Airport Distance Parking Free HOTELS (rates below do not include 12.6% room tax) Free Wi-Fi Shuttle (miles) (per day) Breakfast Single Double Triple Quad 1 Crystal Inn Salt Lake City Hotel & Suites $153 $153 $163 $173 Yes 0.7 Complimentary Yes Yes 2 DoubleTree Suites by Hilton Salt Lake City $188 $188 $208 $218 Yes 1.1 $9 Self No No 3 Fairfield Inn & Suites Salt Lake City Downtown $189 $189 $209 N/A No 0.7 Complimentary Yes Yes 4 Grand America Hotel $283 $283 $303 $323 No 0.8 $15 Self Yes No 5 Hampton Inn by Hilton – Downtown Salt Lake City $169 $169 $169 $169 No 0.5 Complimentary Yes Yes 6 Hampton Inn & Suites Salt Lake City Airport $248 $248 $248 $248 Yes 8 Complimentary Yes Yes 7 Hilton Garden Inn Salt Lake City Downtown $279 $279 $289 $299 Yes 1.3 Complimentary Yes No 8 Hilton Salt Lake City Center $180 $190 $205 $220 No 0.2 $16 Self/$20 Valet No No 9 Holiday Inn Express Salt Lake City Downtown $174 $174 $179 $179 No 0.2 $13 Self Yes Yes 10 Homewood Suites Salt Lake City Downtown $264 $264 N/A N/A No 0.5 $10 Self/$10 Valet No Yes 11 Hotel RL Salt Lake Downtown $165 $165 $165 $165 Yes 1 Complimentary Yes No 12 Hotel Monaco Salt Lake City $194 $194 $199 $209 No 0.3 $24 Valet No No 13 Hyatt Place Salt Lake City Airport $149 $149 $159 $159 Yes 7 Complimentary Yes Yes 14 Hyatt Place Salt Lake City Downtown/Gateway $175 $175 $179 $179 No 0.4 $10 Self Yes Yes Little
    [Show full text]
  • Are Mega Hotel Brands Good for Hotel Owners?
    Are Mega Hotel Brands Good for Hotel Owners? © 2015 RLHC. All Rights Reserved. Are Mega Hotel Brands Good for Hotel Owners? Background The mid-November merger of Marriott International and The Marriott-Starwood transaction, which created the Starwood Hotels & Resorts Worldwide shook the hotel world’s largest hotel company, has generated a great industry and affected up to 80 million loyalty members deal of discussion among loyalty members, booking around the world. The combination of the two companies intermediaries, hotel owners, operators, and financiers. directly impacts more than 5,500 hotels spread over 100 Within this discussion are some critical questions: countries, spanning 30 brands. Yes, that is 30 brands, one million-plus rooms, and 80 million loyalty members. • Are mega-mergers good for hotel owners, consumers, and the industry as a whole? The merger announcement – along with AccorHotels’ recent purchase of the Fairmont, Raffles, and Swissotel • Will consolidation lead to more homogeneity, increased brands – resonated across the hospitality landscape due commoditization, and eventual devaluation of the asset to its sheer magnitude. By comparison, among the largest value? of consumer packaged goods companies (CPG), Unilever is • How does this impact the host-guest relationship at the said to own more than 400 brands – including international core of the hospitality industry, and thus pricing? adaptations – but focuses on just 14 brands while its rival, P&G, announced it will shed all but 70 to 80 of its products. The Beginning of Mega-Merger Mania? We’ve seen it happen to the airline industry: one merger 2015’s mega mergers. In the deterioration trap, “Both begets another, leading to another, and so on.
    [Show full text]
  • Meet the Best Value in Hospitality
    LIMITED TIME OFFER – UP TO 12 MONTHS FREE* MEET THE BEST VALUE IN HOSPITALITY *THROUGH 12/31/2020, SEE INTERIOR FOR DETAILS** HAVE A RLH CORP. PUTS G’MORNING OWNERS FIRST MARKETPLACE INDUSTRY-LEADING CONNECTIVITY Hello Rewards is the RLH Corporation guest & HAVE A G’NIGHT Sell more rooms by listing on more channels. At TARGET MARKETS: recognition program designed for the average Secondary and tertiary markets RLH Corp, we sell your rooms on more channels traveler. We avoid complicated points and elite to drive more reservations rather than limiting your tiers that only benefit road warriors and instead At Americas Best Value Inn, guests always leave SEGMENT: listing to specific sites as other brands do. focus on delivering more meaningful value in the Economy, North America knowing they received the most for their money. moment. With shared American values, Americas Best Value PROPERTY TYPE: We pride ourselves on leading the way in innovation – especially when it comes to Inn offers a hassle-free stay that’s accessible for Ideally suited for conversions & DO YOU KNOW WHAT YOUR BIG BRAND both solo travelers and families alike. new builds generating revenue opportunities. LOYALTY PROGRAM IS COSTING YOU? **Incentives expire December 31, 2020 and may not be combined with Flat franchise fees offered other offers or incentives. Extended term of franchise agreement may be RLH CORP. HOTELS KEEP 90% OF GRR required. Brand fees waived during months 13-15, 24-27, 37-39, and 49-51 for qualified applicants. On any Reward Stay (where Hello Bucks are ABVI HAS SOME OF THE LOWEST FRANCHISE A portion of Initial Fee may be placed on a forgivable promissory note.
    [Show full text]
  • Hotel Development in NYC Hotel Development In
    Hotel Development in NYC Hotel Development in NYC Famous Original New York City. Welcomes You. Always As 2019 winds down, New York City is closing in on the tenth consecutive year of record performance with more visitors from domestic and international markets – an expected 66.9 million visitors. Supporting this important increase in visitors is the parallel growth in the city’s hotel supply offering more choices, in more places around the city. The increase in overnight visitation from both business and, leisure travelers has supported tourism development in boroughs across the city and in established and emerging neighborhoods from the Bronx to Brooklyn, across Queens to Staten Island’s North Shore developments. New properties and exciting conversions and renovations in Manhattan are adding to the record increase in supply. The hotel pipeline in New York City continues to stand out in the US growth picture. With a range of ground up new buildings, restorations of historic buildings, and expansions, the outlook for new inventory supports the city’s Welcome. Always. message to visitors offering accommodations to suit all traveler needs and preferences. Over the past decade the city has attracted new brands, international properties, authentic neighborhood independents, and a wide-ranging collection of select service brands, business class hotels, lifestyle and boutique properties, and new luxury destinations. This report covers more than 250 hotels and projects, including many new and updated entries. Together they represent an estimated 21,300 plus additional rooms to the city’s already diverse inventory. At the current pace, the city is expected to top 144,000 rooms in active inventory by the end of 2021.
    [Show full text]
  • Hotel Franchise Fee Guide
    DO NOT DISTRIBUTE FALL 2018 | PRICE $595 2018 UNITED STATES HOTEL FRANCHISE FEE GUIDE Kasia M. Russell, MAI Managing Director Bomie Kim Senior Analyst www.hvs.com HVS | 369 Willis Avenue, Mineola, NY 11501, USA DO NOT DISTRIBUTE 1 Introduction 4 Methodology and Assumptions 6 Brand Participants 8 Key Findings 18 Takeaways per Brand, Hotel Company 19 Soft Brand Comparison 20 Conclusions Appendix DO NOT DISTRIBUTE Introduction to U.S. Hotel Franchise Fee Guide The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of various hotel franchises based on their applicable franchise fees. The selection of an appropriate franchise affiliation affects a property’s ability to compete in its local market, generate profits, and achieve a desirable image and market orientation. Because the success of a hotel is based primarily on the cash flow generated, owners and lenders must weigh the benefits of a brand affiliation against the total cost of such a commitment. Please note that the study results are not indicative of the impact an individual brand may have on a hotel’s overall profitability because only the costs, and not the benefits of the franchise affiliations, have been analyzed. Furthermore, the study does not reflect, nor does it claim to address, operating results of any one brand or any particular brand affiliation upon any single hotel property. The 2018 U.S. Franchise Fee Guide is meant to illustrate a basic comparison among franchise fees charged by participants. HVS has extensive experience with assisting clients in selecting the appropriate franchise and/or management brand for their proposed or existing hotels.
    [Show full text]
  • 2001Annualreport.Pdf
    Hilton Hotels Corporation Annual Report 2001 WELCOME. Hilton Hotels Corporation 2001 board of directors John L. Notter2,3 Chairman, Swiss American Investment Corp. – Stephen F. Bollenbach1,4 An investment firm, and Chairman and President and Chief Executive Officer President, Westlake Properties, Inc., Westlake Village, California – A hotel A. Steven Crown2,3 and real estate development company General Partner, Henry Crown & Company 2,3,5 (Not Incorporated), Chicago, Illinois – Judy L. Shelton Diversified investments and real estate ventures Economist, specializing in international money, finance and trade issues, Marshall, Peter M. George4 Virginia, and Professor of International Senior Vice President/Managing Director Finance at the DUXX Escuela de Graduados en International Group, Park Place Entertainment Liderazgo Empresarial, in Monterrey, Mexico Corporation, Las Vegas, Nevada—a hotel and 4,5 gaming company Donna F. Tuttle President, Korn Tuttle Capital Group, Barron Hilton1 Los Angeles, California – A financial Chairman of the Board consulting and investments firm 3 Dieter Huckestein4 Peter V. Ueberroth Executive Vice President, Hilton Hotels Managing Director, Contrarian Group, Inc., Corporation, and President – Hotel Newport Beach, California – A business Operations Owned and Managed management company, and Co-Chairman, Pebble Beach Company, Pebble Beach, Robert L. Johnson4 California – A golf management company Chairman and Chief Executive Officer, 2 BET Holdings, Inc., Washington, D.C. – Sam D. Young, Jr. Diversified media holding company Chairman, Trans West Enterprises, Inc., El Paso, Texas – An investment company Benjamin V. Lambert1,5 1 Chairman and Chief Executive Officer, Executive Committee 2 Eastdil Realty Company, L.L.C., New York Audit Committee 3 – Real estate investment bankers Compensation Committee 4Diversity Committee 5 David Michels Nominating Committee Group Chief Executive, Hilton Group plc, Herts, •2• England – A hotel and gaming company On the cover Hilton’s 2,001st hotel property, the 455-suite John H.
    [Show full text]
  • Hotel Development in NYC Hotel Development In
    Hotel Development in NYC Hotel Development in NYC Welcome to New York. From the Bronx to Brooklyn, across Queens to Staten Island’s new North Shore, new hotel properties are joining the dynamic developments in Manhattan, as the hotel pipeline in New York City continues to outpace the US growth picture. With a range of ground up new buildings, restorations of historic buildings, and expansions, the outlook for new inventory supports the city’s Welcome. Always. message to visitors offering accommodations to suit all traveler needs and preferences. Over the past decade the city has attracted new brands, international properties, authentic neighborhood independents, and a wide-ranging collection of select service brands, business class hotels, lifestyle and boutique properties, and new luxury destinations. This report covers almost 200 hotels and projects, including almost a dozen new entries, that represent an additional 20,000 rooms to the city’s already diverse inventory. At the current pace, the city is expected to reach almost 139,000 rooms in active inventory by the end of 2021. For calendar year 2018, 18 new hotels opened with a total of approximately 3,400 rooms added to the City’s supply. Among the new openings are the upscale Park Terrace across from Bryant Park in midtown, the Aliz Hotel Times Square, the City’s first TownePlace Suites by Marriott, the Insignia Hotel in Brooklyn, a member of the Ascend Collection, Mr. C Seaport, a Leading Hotels of the World member, and The Assemblage John Street, a co-working space with extended stay accommodations in Lower Manhattan.
    [Show full text]