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Archive for the 'Opportunity Index' Category

CFO Retirements Climb as Good Times Roll On

CFOs are retiring at the fastest pace in at least a decade—a generational changing of the guard that experts put down to factors including the increasing complexity of the role and the booming stock market. Many CFOs leaving the role are simply reaching retirement age. Others point to new pressure from expanding job descriptions, which [...]

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Finance Chiefs Still Struggling to Hire Skilled Personnel

Acquiring qualified workers in a tight labor market, relying more on recruitment firms to assist in the process, and spending additional money retaining consultants equipped to tackle special projects have been some of the concerns facing chief financial officers in recent years. CFOs have found it particularly difficult to find qualified applicants with both financial- [...]

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New search: Chief Investment Officer Remington Hotels

We are under way with a Chief Investment Officer search on behalf of Remington and Ashford, Inc.  Under new Ashford Inc. ownership Remington is expanding its third-party management services to the industry, supported by a co-investing and acquisition strategy, with a focus on branded and independent full-service and luxury properties across North America and the [...]

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New search — Xanterra Travel Collection Chief Information Officer

We are under way with a Chief Information Officer search on behalf of Xanterra Travel Collection.  Reporting to the CEO, the CIO will lead the strategic I/T transformation for the company, from technology architecture and business systems to guest experience. XTC, owned by The Anschutz Corporation, is a growing group of travel and leisure businesses [...]

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The Hospitality Sector Sees the Entrance of a New Competitor: Upscale Glamping Hotels

Outdoor lodging brand AutoCamp recently raised $115 million through a partnership with real estate private equity firm Whitman Peterson to open a nationwide network of hotels created from Airstream camper trailers manufactured by Thor Industries Inc. The firm plans to use the money to buy the land for the sites and customize the trailers. The [...]

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U.S. Hotels Had a Third Consecutive Year of Profit Growth in 2018

U.S. hotels continued to make money last year. Year-over-year GOPPAR growth of 1.5 percent in December contributed to a 3.4 percent annual increase in profit for hotels in the United States, according to data from HotStats tracking full-service hotels. It was the third consecutive year of GOPPAR growth, following YOY increases of 3.7 percent in [...]

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ALIS Presentations: What to Expect in 2019 & Beyond?

ALIS panelists share their analysis of industry metrics and predictions for 2019. Cindy Estis Green, CEO and Co-Founder, Kalibri Labs Vail S. Ross, SVP, STR Mark Woodworth, Senior Managing Director, CBRE Hotels Mark Wynne Smith, Global CEO – Hotels, JLL https://www.alisconference.com/Program/ALIS2019EPFD

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New search – Chief Executive Officer, TPI Hospitality

We are under way with a CEO search on behalf of TPI Hospitality, a privately held owner/operator headquartered in Minneapolis.  We seek a CEO with strong financial and portfolio strategy skills to lead the company through a generational transition.  The Chief Executive Officer will take a leadership role in driving company growth and profitability. This [...]

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New search – JSAV Chief Sales & Marketing Officer

Reporting to the President of US Operations, the Chief Sales & Marketing Officer (CSMO) will spearhead the company’s sales effort to grow across all divisions. This newly created position will set the sales strategy, develop the sales teams’ capabilities, and help win new business.  Along with leading sales, this person will also develop and oversee [...]

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New search – Vice President Ecommerce & Distribution

We seek a strategic ecommerce executive for one of the nation’s largest owner/operators, management partners and franchisors of branded lodging properties.  Our client generates more that $1B in revenue from more than 400 properties across North America. This search is being initiated confidentially as the current Vice President’s retirement has not been announced internally.  Our [...]

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“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
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