HOSTMARK LEVERAGES STRENGTHS FOR GROWTH
Leveraging its legacy, abundant resources and sterling portfolio of top tier brands and independent properties, Hostmark Hospitality Group is poised to report yet another year of growth and success as both a third-party manager and equity stakeholder in the fast-paced and fast-changing lodging market.
Led by a highly experienced team of industry experts, the Schaumburg, IL-based hospitality management company is charging through 2007 with seven acquisitions to its existing portfolio of 24 properties. It also plans to expand its high performing Amalfi concept (the first location is in downtown Chicago) and continue to participate in deal sourcing through its hotel fund.
Hostmark's track record speaks for itself: its hands-on approach to every facet of hotel and resort management has delivered robust top lines, strong bottom lines and just as importantly, the loyalty of guests and dedicated employees that drive the hospitality business. Hostmark's mission is singular: to maximize profitability and asset value for its clients.
“The strength Hostmark Hospitality Group presents is experience — having the team and resources to respond not only to what is needed at the property level, but also the owner's needs,” says Jerry Cataldo, executive vice president of development for the company.
In 2005 Hostmark co-sponsored an acquisition fund along with Shamrock Holdings of California, which is the investment company for the Roy Disney family. “We are just now closing our fifth hotel purchase with the fund,” reports Cataldo. “As a co-sponsor of the fund, we now have the ability to bring operational expertise to properties added to the fund portfolio.”
Hostmark Hallmarks of Service
Strong operational structure with a complete team representing every discipline of hotel management
Depth of experience to respond to both property and ownership needs
Stability — low turnover unlike some of the larger, public property management companies
Creative and responsive service resulting in fast turnaround for clients
Hostmark Growth Plans
Advancement of the Shamrock-Hostmark hotel fund
Continued growth of third-party management division
Pursuit of entrepreneurial opportunities — expansion of the successful Amalfi boutique concept
Ground up development deals in strategic markets
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