Ms. Sinclair received a BBA in Marketing from Texas Tech University. Mr. Tobin is a graduate of Cornell University. Marge Bajzek He has also served on the Advisory Board for The High School of Hospitality Management. In this role, he is responsible for overseeing the sales efforts of multiple hotel brands throughout his region which includes the greater Arizona portfolio. Michael Youssef is VP, Centralized Accounting, for MCR. Prior to joining MCR, she held key leadership positions such as General Manager, Dual General Manager and Regional Vice President at Island Hospitality, Drury Hotels, Benchmark Hospitality and Marriott International. Senior Associate, Acquisitions & Development. Courtney Brewer is a Regional Vice President, Sales, for MCR. Mrs. Hamilton has more than 15 years of experience in hospitality, who started as a Director of Housekeeping. By clicking accept, you confirm that you accept to the above Important Information along with Terms and Conditions. Prior to joining MCR, he was Director of Food and Beverage for the Georgia Theatre Company and its subsidiary Mellow Mushroom restaurant operations. People want to have fun when they come to work. Prior to joining MCR, Mr. McDonnell was VP of Property Accounting at Remington Hotels, where he was responsible for managing the accounting teams for 22 full-service properties. Mr. Laster joined MCR in 2011 and has held multiple positions including General Manager, Area General Manager, Training Manager and Director of Training. They are amazing. In this excerpted interview, we also cover growing and funding MCR, which has purchased and built 130 hotels, leadership, their investment approach and working together as creative partners. In this role, Ms. Robison oversees design and branding for MCR and its independent hotels across the country, including the 60-room The High Line Hotel in Manhattans Chelsea neighborhood and the 512-room TWA Hotel at New Yorks John F. Kennedy International Airport. In this role, Ms. Brown is responsible for managing MCRs investor relationships and communications, as well as supporting MCRs fundraising and capital formation efforts. All rights reserved. Prior to joining MCR, Mr. Mituzas served as the Labor Relations Market Leader for Marriott Hotels in the New York City area. Ive ridden my bike from Canada to Mexico, along the Pacific Coast Highway and Highway One. Ms. Moore began her career at MCR in 2013 as a Front Desk Agent and worked her way up to General Manager in the Midland Odessa market. Alon brings to MCR over 15 years of experience and expertise in Budgeting and Forecasting, Standardization and Automation, and Large-Scale Strategic Projects and Systems Implementations. ), and the University of Missouri (B.J. In Pompano Beach, MCR developed a. John Koss is Senior Director, Hotel Transitions, for MCR. Charlie Floyd Mr. Timms has more than 17 years of accounting experience in the hospitality industry. Mr. Koss holds degrees in Hospitality Management and Culinary Arts from the Pennsylvania Institute of Culinary Arts. You have to activate them every month thats what keeps people coming back. Russ Shattan is a Partner at MCR. Previously, he was a General Manager. Before joining MCR, Ms. Bajzek honed her corporate legal expertise with several Chicago law firms and the in-house legal departments of Kraft Foods and Sears Holdings. The conditions under which such services may be provided will be analyzed on a case-by-case basis by BBH. Mr. Chitnis is a graduate of Cornell University. Previously, Mr. Bradshaw was an analyst at Pebblebrook Hotel Trust on the corporate finance team. TM: Launching the TWA Hotel was a big deal. Ms. Carter has more than 30 years of sales and marketing experience in the hotel industry which includes roles in full service, focused service, limited service, extended stay and independent hotel properties. Senior Manager of Online Imagery. We went from The High Line to TWA, and now she runs our creative group. Director of Strategic Initiatives. Previously, he held individual hotel and area sales leadership roles with Viceroy Hotel Group, HEI Hotels & Resorts, Crestline Hotels, KOR Hotel Group and Starwood Hotels & Resorts Worldwide. Our two daughters are eight and five. He is a graduate of Cornells School of Hotel Administration and has been a guest lecturer for real estate and hospitality classes at Cornell and New York University. Leah Caruso is the Senior Director, Special Events & Partnerships for MCR. Ysabel Huerta is a Training Manager for MCR. Mr. Bartschi began his hotel sales career in 2000 with Growth Properties. Christene Main In this role, he is responsible for driving activities related to planning, financial modeling, reporting and variance analysis, and performance measurement. She received her BBA in Management from Texas Tech University. He has also held sales roles with Marriott and IHG managed properties. Amanda Ekbom Shannon Keaney Kristen A. Miller Reinsch is Senior Corporate Counsel at MCR. In this role, she oversees the design and implementation of processes at our hotels across all stakeholder groups. Previously, Mr. Kucera served as Executive Vice President of Operations for Expotel Hospitality Services for eight years and Regional Director of Operations as well as Area Operations and General Management Positions for Flagstone Hospitality Management, the affiliated management company of RFS Hotel Investors, Inc, in Memphis, TN, for 14 years. My experience has spanned from being a valet, ski instructor, airline baggage handler and even the youngest bank teller in the state of California to working at Ernst & Young, Morgan Stanley and Warner Music Group. Miguel Pea You can browse through all 488 jobs MCR Hotels has to offer Full-time HOUSEKEEPER Dunn, NC Easily apply 25 days ago View job LAUNDRY ATTENDANT Warwick, RI Easily apply 5 days ago View job People want to have fun when they come to work. Sarah Smith is a Training & Development Analyst for MCR. Referring to AAHOA as the "greatest American dream story," Tyler Morse of MCR delivered a keynote during AAHOACON '23 in which he offered plenty of business advice for association members on everything from rate strategies to dealing with disruptors. I am a current investor in another jurisdiction, /content/bbh/external/www/us/en/policies-and-disclosures/legal, Privately Held and Family-Owned Businesses. He joined MCR in 2010. Mr. Morse got his start as a baggage handler for Delta Airlines at LAX. Mr. Garson is a graduate of Lafayette College. She also served as a consultant to Lionstone Investments. Mr. Homsher received a BA in Construction Science with a concentration in Real Estate Finance from the University of Oklahoma. It's the most complicated of the real estate asset classes, and it changes every day. Rebecca Morse is a Director of MCR. Mr. Egert is a graduate of The George Washington University and the Benjamin N. Cardozo School of Law. Mr. White is a graduate of Harvard University. The biggest challenge is integrating the teams when you have thousands of people. Mr. Morse serves on the Board of Directors of NYC & Company, the convention and visitor arm of New York City. Previously, Ms. Robison was a designer at Lucky magazine. TM: I love what I do; Rebecca loves what she does; and I think thats the most important thing. With $4 billion of assets under management,. He also supports tactical planning, project assignments and execution of sales, marketing and e-commerce distribution. Executive VP, Strategy at Suffolk Construction . ), University of Southern California (M.A. For the TWA Hotel, we won the Development of the Year (Full Service) Award at The Americas Lodging Investment Summit (ALIS), the Urban Land Institute New York Excellence in Hotel Development Award and the American Institute of Architects national Architecture Award, the highest honor given by the AIA. The information on this website is not intended to be distributed to, directed at or used by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. She also provides leadership, training and development support. Ms. Zanzinger received a BA in Journalism and Communications from Rutgers University. Patrick McCabe is a Training Manager for MCR. Senior Associate, Development Operations. Amanda Ekbom is a Regional Vice President, Sales, for MCR. She served as the chief of staff to the President of Princess Cruises and led a global team as head of talent management. And now this wonderful American architectural icon is open for everyone to enjoy whether you are an overnight guest, a gym member, have a dinner reservation at Jean-Georges Paris Caf or are just wandering through. Her primary responsibilities included achieving and exceeding top line revenue and market share growth, as well as strategic positioning within the sales process. Jeremy Tobin And how can we best our competitors? Previously, he served as Director of Internet Marketing, Associate Director of Online Marketing, Marketing Information Manager and Customer Relationship Analyst with Loews Hotels & Co. Mr. Messina received a BS in Hotel Administration from Cornell University. I love the hotel business. You are required to read the following important information, which, in conjunction with the Terms and Conditions, governs your use of this website. TM: After graduating from Harvard, I worked for Starwood Hotels and was Chairman and CEO Barry Sternlichts right hand guy. Ms. Brown received an MBA with a concentration in Finance from the University of North Carolina at Chapel Hill and a BS in Finance and Management from the University of Virginia. But the feeling is one of total openness and warmth. Shes written for the 700,000-plus subscribers of the American Express Travel newsletter, contributed profiles and articles to Entertainment Weekly and Good Housekeeping, helped launch digital content for Audible and Bloomberg Philanthropies, and worked for The Corcoran Groups Franchise Brand Marketing team. Before joining MCR in 2014, Mr. Chitnis was a Senior Associate in Ernst & Youngs Transaction Real Estate Group, where he focused on providing M&A, capital markets, valuation, and strategic advisory services to hospitality and leisure clients. Prior to joining MCR, Mr. Bartschi was a sales leader at a Hilton property managed by GF Management for 10 years. PROVIDING SUPERIOR SERVICE FOR INVESTORS AND GUESTS, Supporting communities and having fun along the way, MCR's leadership at the Marriott Connect Conference 2018, TownePlace Suites by Marriott El Paso team members, Hilton Garden Inn Columbus/Dublin team members, Residence Inn by Marriott Midland team members. Chad Newman is SVP, Hotel Execution. Alyson Jett Kelley McCoy In this role, he is responsible for implementing strategic sales plans that focus on increasing revenue and market share penetration to hotels within his region. Alon Ginzburg is Director of Strategic Finance and Analytics for MCR. In this role, she is responsible for assisting with the companys acquisition, development, disposition and capital markets activities. Ms. Mote also served in the US Army. TM: Probably TWA. Jamie Bradshaw is a Director, Acquisitions & Development, for MCR. John F. Kennedy was president. Jody Farquhar Previously, Mr. Kim spent more than 12 years at Pillar Income Asset Management, a commercial real estate investment firm with more than $3 billion of assets under management, most recently serving as Vice President & Treasurer overseeing its treasury functions, including three publicly traded entities. BBH will only accept investors from such jurisdictions or countries where it has made a determination that such an arrangement or relationship is permissible under the laws of that jurisdiction or country. Wed find a good investment, call up some friends and family and capitalize the equity and then get a bank loan. Tyler Morse is Chairman and CEO of MCR, which comprises three discretionary funds and is the 4th largest hotel owner-operator in the United States. We are committed to developing and supporting the community through various organizations and education partners, including the Partnership for New York City, the American Hotel & Lodging Association (AH&LA) and the National Association of Real Estate Investment Trusts (NAREIT). TM: We have some other projects up our sleeves! ), Ms. Reinsch lives in Dallas with her husband and four children. MCR Hotels has adopted a new pricing structure which will lower room prices but charge customers for other items like pool access and early check-in. Prior to joining MCR, Mr. Regits worked for Hilton, Marriott and IHG. Ms. Morse received a BA from Harvard College and a JD from Georgetown University. Prior to joining MCR, Mr. Pea was an Assistant Controller for a Private Equity Fund Administration services firm and a Senior Fund Accountant for Goldman Sachs Real Estate Funds with capital commitments totaling over approximately $10 Billion. This material should not be construed as research, or as investment, legal or tax advice, nor should it be considered information sufficient upon which to base an investment decision. Since then, through a series of development projects and acquisitions, we have grown to become the 3rd largest hotel owner-operator in the United States. This website is not intended as a solicitation of the purchase or sale of any security or other financial instrument or any investment management services for any investor who resides in a jurisdiction other than the United States1. Prior to joining MCR, he served for 10 years as the CEO of Hospitality Investors Trust, a public non-traded hotel REIT comprised of over 140 Hilton and Marriott hotels. Tyler Morse, Chairman and CEO. Im very proud of the diversity of my experience. Prior to joining MCR, Mr. Bradshaw was an associate at Starwood Capital Group, where he was responsible for managing the firms investments in the full and limited service hotel sectors. Previously, he spent more than 25 years as an architect in workplace strategy and corporate interiors. Prior to joining MCR, Mr. Buta served as Vice President of Operations for Magnolia Lodging for 14 years, developing and operating award-winning hotels. He has received recognition for Team Member Satisfaction, Transition Hotel of the Year, Regional RevPar, Outstanding Food & Beverage Catering, Group Sales Team and Sales Team of the Year. She has a background in digital marketing which includes content management, ecommerce, and project management. Mr. Spilich also has General Manager experience in both full service and select service hotels, as well as task force experience with multiple Hilton and Marriott brands. MCR is the 3rd largest hotel owner-operator in the United States with a $5.0 billion portfolio. Prior to joining MCR, Ms. Johnson was an Event Services Coordinator at GoTo responsible for leading and training new hires, analytics and reconciliation, and customer service. Did you create a fund? She also worked as an attorney at Davis Polk & Wardwell in New York City. Mr. Palm received a BS in Management from Boston University. We really listen to each other and can both make each other laugh! While working with Moody National Companies, he earned many accolades, including General Manager of the year in 2017 and 2019. In this role, she designs print and digital assets, as well as hotel collateral. Since attending Indiana University, Mr. Rosens more than 20 year hospitality career has included General Manager positions with several Marriott and Hilton brands along with La Quinta and independent hotels. He is licensed to practice law in California and Illinois. We won it about five years ago, and then it took us about four-and-a-half years to bring it all together. In this role, Mr. Timms leads a team of managers who provide accounting support for MCRs large multi-hotel portfolio of limited and full-service hotels. Tyler Morse: Founder, Chief Executive Officer & Chairman: William White: Chief Financial Officer: Lisa Ross: . Ms. Harwell received a Bachelor of Accountancy from the University of Oklahoma. Leah Caruso Prior to joining MCR, Ms. Regenscheid held positions in asset management, consulting and project leasing. Talk about how you identified the opportunity and the development of the hotel. He holds a BS in Hotel, Restaurant, and Institutional Management, as well as, an Associates Degree with Honors in Culinary Arts from Johnson and Wales University. BBH: Rebecca, you worked with Tyler on The High Line Hotel. Mr. Mehlman received an MBA from the University of North Carolina at Chapel Hill and a B.A. Trey Tschoepe is Chief Administrative Officer of MCR. Ms. Robison received a Bachelor of Journalism from the University of Missouri. Joe Addeo is responsible for assisting with the companys development and capital projects, value-add real estate strategies, business plan execution and special situations. Prior to joining MCR, Mr. Addeo was a Senior Analyst with Broadshore Capital Partners Special Situations Debt Group and a CMBS Analyst with Rialto Capital Advisors. Kelley McCoy is a Regional Vice President, Sales, for MCR. MCR is based in New York City and Dallas and owns 92 premium-branded hotels containing 15,000 guestrooms, including the TWA Hotel at JFK International Airport, which opened in 2019 and utilizes. thanks to MCR's careful restoration and stewardship of this historic property, Saarinen's masterpiece has taken flight once again as the heart of the TWA Hotel . Sean Cassidy is Vice President, New York Operations, for MCR. Shane Norton Ms. Reinsch manages a broad range of legal matters relating primarily to MCRs hotel management and operations business, including employment issues, commercial contracting, dispute resolution, litigation management and regulatory matters. BBH: What about your passion for hotels? If you give away the rooms early at a low price, then you leave some profitability on the table. Dan Sparacino Hampton, NH. Mr. Floyd is a graduate of Cornell University. She is responsible for overseeing the compliance and reporting of MCRs fund investments, while also assisting with the companys finance and investor relations activities. Mr. Kinley spent 11 years with Hyatt Regency Hotels and six years with Meristar/Interstate Hotels as General Manager of various properties including Hilton Clearwater Beach Resort, Hilton Dedham/Boston and Radisson Scottsdale Resort and Spa as well as serving as General Manager for HEI Hotels at Sheraton Ferncroft Resort Boston and The Westin Stamford Hotel in Connecticut. MCR, billed as the fourth largest hotel owner-operator nationwide, has a $5 billion portfolio spanning 149 independent and branded hotels with more than 21,000 rooms across 37 states and 102. Prior to joining MCR, Ms. Sinclair most recently served as the Chief Human Resources Officer for a start-up specializing in digital financial services for the gig economy. Tyler Morse, MCR Hotels Chairman & CEO, joins Yahoo Finance to discuss MCR Hotels experimenting with a la carte pricing for services and amenities and outlook for on the travel industry. Tyler Morse, founder and CEO of MCR Development. In this role she oversees experiential hotel activations, special events and brand partnerships. In this role, he is responsible for assisting with the companys capital markets and financing activities. Ms. Corrigan is a hospitality professional with more than 20 years of experience in roles including sales, training, revenue management and general management for full service and extended stay hotels. In this role, he leads the legal aspects of MCRs business. This material may not be reproduced, copied or transmitted, or any of the content disclosed to third parties, without the permission of BBH. Raechel Teeters Tyler Morse, MCR Hotels chairman and CEO,. Mr. Newman leads MCRs Hotel Execution team and is responsible for consistently executing our established standards for each hotel product by brand and by market across our hotel portfolio nationwide. In this role, she oversees the design and implementation of processes at our hotels on behalf of all of our stakeholder groups, including accounting/invoicing, technology, procurement, insurance, sales, pricing, human resources, waste management, housekeeping, banquets, engineering, and other support functions. Mr. Klein collaborates with suppliers to gain increased value from vendors and service providers. In this role, he is responsible for driving revenue, profitability, guest satisfaction and associate development for MCRs full-service hotels, including the 1,050-room The New Yorker Hotel and the 1,780-room Sheraton New York Times Square. We are a three-time recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners, and the Hilton Legacy Award for Top Performer. Sarah Sheehy is VP, Category Management, for MCR. Gina Mote is VP, Risk Management, for MCR. Eileen Corrigan Senior Director of Investor Relations. The positions expressed in this material are those of the author and may or may not be consistent with the views of Brown Brothers Harriman & Co. and its subsidiaries and affiliates ("BBH") and are intended for informational purposes only. Prior to joining MCR, Mr. Shinn was a Regional Director of Operations with Prism Hotels & Resorts. Regional Vice President, Execution. A huge part of how you differentiate your hotel company is culture. Previously, she was an Investment Analyst for Prudential Asset Resources. A huge part of how you differentiate your hotel company is culture. Associate, Acquisitions & Development. A longtime member of the negotiating committee for the Hotel Association of New York City, Mr. Mituzas also serves as a Trustee for the New York Hotel Trades Council & Hotel Association of New York City Inc. Its in the blood. In no event shall BBH or any other affiliated party be liable for any direct, incidental, special, consequential, indirect, lost profits, loss of business or data, or punitive damages arising out of your use of this website. Prior to joining MCR, Mr. Kim spent more than eight years as Vice President of Finance & Assistant Treasurer at Aimbridge Hospitality, where he was responsible for all aspects of treasury functions, including liquidity and debt management of the company and its hotels. RM: I remember walking through the TWA Flight Center right after MCR won the deal. Mr. Tschoepe has over 25 years of Human Resources experience and served previously at USAA, CPS Energy, and ARCO Oil & Gas Company. This link is provided for informational purposes only. Since attending the University of Maryland, Mr. Newmans hospitality career has included General Manager and regional positions with leading hotel operators such as Ocean Properties, Island Hospitality and The Briad Group. Mr. Delli Santi is a graduate of Cornells School of Hotel Administration. Mr. Addeo received his Masters in Real Estate Development from NYU Schack Institute of Real Estate, where he focused on hotel development and adaptive reuse. She is a hospitality professional with more than 23 years of experience including with multi-brand full and select service properties throughout the northeast United States. Jody Farquhar is Senior Director of Investment Reporting and Communications. Prior to joining MCR, Ms. Ross held senior executive roles at Behringer and the Hampstead Group. As the opening Banquet Certification Instructor for The New York Hotel Trades Council and Hotel Association of NYC Inc. Eston Miles is VP, Technology Infrastructure, for MCR. Her primary responsibilities include achieving top line sales and market share growth as well as brand collaboration, strategic positioning, sales process implementation, training and development, resource allocation, hotel acquisitions, property openings, and recruiting. TM: I would say its partly design the creativity behind the building. He is also licensed to practice law in the state of Texas. Suelain Moy is a Creative Content Manager at MCR, where she taps into her experiences as a journalist, editor and senior copywriter to create custom content for MCRs independent hotels. It all began in 2006 with three Value Place hotels. Mr. Youssef received a BS in Purchasing & Material Management and an accounting degree from the University of Houston. Residents. He studied Business Administration at East Stroudsburg University. I think its difficult for children to conceptualize spreadsheets being manipulated on a computer or emails being typed on an iPhone. Raising our second discretionary investment fund was a big success. Mr. Bradshaw is a graduate of Cornell University. In the feature article of this issue of Owner to Owner, we sit down with Tyler Morse, founder and CEO of MCR Hotels, and his wife and creative partner, Rebecca Morse, to discuss developing the TWA Hotel, scaling the business and working with your spouse. I worked as a writer for interior design and architecture publications, eventually becoming an editor-in-chief. Senior Director of Investment Management. Prior to joining MCR in 2015, Ms. Huerta held a variety of positions with Marriott and Hilton, including Accounting Manager, Human Resources, Assistant General Manager and General Manager. Previously, Ms. McCoy was Senior VP of Sales for Copper Hospitality and held several positions at Hilton Worldwide providing support for brands including Embassy Suites, Hilton Suites and Hampton. Joseph Addeo In this role, she is responsible for the accounting and reporting of the hotel ownership entities. Mr. Pea began his career as an auditor for KPMG and received his BA in Accounting & Finance from St. Johns University. He lives in New York City. In her role, Gina administers MCRs comprehensive insurance program and assists with the procurement of coverage and risk analysis for MCRs hotel, development and investment operations. From managers to housekeepers to chefs, there are many roles to be filled, each quite different, each equally integral to a team that can only function as a sum of its parts. Logan Shinn In this role, she uses her editorial and copywriting background to create content for MCRs independent hotels, including the TWA Hotel and The High Line Hotel. Rick Hibbs is Director of Licensing for MCR. We are almost finished deploying the fund. In this role, Ms. Regenscheid serves as a point of contact for MCR investors and works closely with the Investment Finance team to manage distribution and communications efforts, as well as support fundraising activity. I attended Harvard for business school and, after graduating 17 years ago, moved to New York. In these positions she was responsible for all aspects of accounting and financial reporting for private and public investment funds, joint ventures and REITs. The first year we hosted an Easter egg hunt, I stayed up all night assembling paper Easter egg lanterns, and Tyler and I hung them from the trees in the front yard while our older daughter slept in her stroller. Tyler Morse Industry Hotels & Resorts Headquarters 1503 Lyndon B Johnson Fwy. She also works with the Development and Construction teams on various projects. Prior to joining MCR, Mr. Palm was Senior Manager of Procurement Operations and Supplier Risk Management for GoTo Technologies. Additionally, Ms. Corrigan has held positions with Hilton Worldwide as Director of Brand Support for Embassy Suites and Homewood Suites as Director of Sales and General Manager. Joe Coursolle Ms. Kilgore joined MCR in 2018 as Director of Investment Accounting for a year before transitioning to Fund Management. Before going in-house, Ms. Reinsch practiced complex commercial litigation for 12 years at several highly regarded litigation boutiques in Texas. Mr. Mituzas received a BA in Psychology from Hunter College, CUNY, and an MS in Counseling & Human Resource Development from Bridgeport University. She is responsible for scaling the procurement team that will lead strategic sourcing, category management, supplier negotiations and competitive bidding, contracts, risk mitigation, supply chain and supplier management. And if the team is not happy, then the guests definitely wont be happy. Michaela Johnson George Spilich is a Regional Vice President, Execution, for MCR. Larry Lindsey is VP, Talent Acquisition, for MCR. Director of Investor Relations. We have the most unbelievable people at MCR from the property teams to the corporate staff. She received a BA in English from Yale University. My favorite Friday night activity is sitting in The Sunken Lounge watching how delighted people are with the hotel whether twisting in the Twister Room, browsing at the TWA Shop or taking in the interactive museum exhibits and custom Solari Board messages. The year was 1962. MCR was also named one of Fast Company's Most Innovative Travel Companies of 2020. Do you see this becoming a family business? Tyler Morse: MCR Investors: Founder, Chief Executive Officer & Chairman: 000 0000: To view MCR Investors's complete board members history, request access MCR Investors Signals. Miles provides the strategic direction and oversight of all corporate and property technology needs, including long-term planning and development for all hotels within the MCR portfolio.
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