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Archive for January, 2018

Baby-Boomer Retirements Reshaping The Lodging Industry

The lodging industry continues to feel the impact of demographics with C-Suite retirements. Prominent changes occurred in 2017 including Choice’s Steve Joyce being succeeded by Pat Pacious and Omni’s Mike Deitemeyer moving into Jim Abrahamson’s chair at Interstate. As 2018 begins there are almost a dozen CEO or President searches ongoing as long time leaders [...]

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CEO Search

We are under way with a confidential CEO search for a privately held, financially secure, hotel owner/operator. Headquartered in the Northeastern U.S., the company’s growing portfolio of premium branded select service properties generates $200 million in revenue from markets across the Northeast, Midwest, and Southeast. The leader we seek will focus on enhancing operational excellence, [...]

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Completion News: TPI Hospitality Chief Operating Officer

We are pleased to have assisted TPI Hospitality in the recruitment of Mr. Jim Sega as Chief Operating Officer. Most recently with Pillar Hotels and Resorts, he brings more than 25 years’ experience leading 100+ branded full service, select service, and beachfront resort properties. Earlier in his career Jim held leadership roles with Crescent Hotels and Resorts, HEI Hotels [...]

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I’ve always found him to be the consummate professional. He works very hard to understand the client’s need and has an expansive network which allows him to execute against the strategy.  Larry is ethical beyond reproach and understands how to gently nudge the process forward and across the finish line.
Bill Upshaw, President Lodging and Residential, TPI Hospitality
“I highly recommend Larry Mendez and Bannerot Partners. In the search work that Larry did for us, he was able to identify high caliber candidates in a relatively short time span. We were pleased with the professionalism of the process and the final outcome. “
Bob Joyce, EVP Human Resources, Extended Stay America
In early 2013, we engaged Larry Mendez at Bannerot Partners to conduct a search for a chief operating officer for our company, Supertel Hospitality – a publicly traded REIT located in Omaha, Nebraska. I was familiar with Larry through his work in the hotel industry, and our Board of Directors endorsed the assignment. Larry was incredibly thorough, communicative, and effective throughout the process. In the end, we hired a very qualified candidate that fit our culture perfectly.
Mr. Kelly Walters, CEOSupertel Hospitality