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Archive for April, 2018

US Hotels Seeing Record Profitability, Executives Should See Unprecented Career Opportunities

Eight consecutive years of increasing profits, per CBRE.  This, coupled with baby boomer retirements, is creating unprecedented opportunity for career growth in the industry. U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth, according to the recently released 2018 edition of Trends in [...]

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Completion News: Buffalo Lodging CEO, Jeff Dougan

We are pleased to have assisted Buffalo Lodging Associates and Benderson Development in the recruitment of Mr. Jeff Dougan as Chief Executive Officer. Jeff joins BLA in May 2018 from Condor Hospitality Trust (NYSE: CDOR) where he is Chief Operating Officer. Previously Jeff held multisite operations roles with Stonebridge Hospitality and Sage Hospitality Resources. A [...]

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Completion News: Alan Tallis, Stonehill Strategic Capital Board of Advisors

We are pleased to have assisted Stonehill Strategic Capital in the addition of Mr. Alan Tallis to their Board of Advisors, Debt Fund II.  Mr. Alan L. Tallis is also an Independent Director of Ashford, serving as the chairman of the AHT compensation committee and as a member of the audit, acquisitions, and related party/conflicts [...]

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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