He also served as a Regional Director of Operations for Mainsail Lodging and Development, overseeing the quality assurance standards of eight Marriott ExecuStay Corporate Housing franchises. Courtney Brewer 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. Tyler Morse is CEO and Managing Partner of MCR. Larry Lindsey is VP, Talent Acquisition, for MCR. 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. Matt Homsher is a Finance Analyst for MCR. Nicholas Thiele TM: Yes, Ive always known that Im an entrepreneur. In this role, she is responsible for the accounting and reporting of the hotel ownership entities. Prior to joining MCR, Mr. Palm was Senior Manager of Procurement Operations and Supplier Risk Management for GoTo Technologies. Previously, he was a General Manager. There is no guarantee that any investment objectives, expectations, targets described in this website or the performance or profitability of any investment will be achieved. Patrick McCabe is a Training Manager for MCR. Gina Mote is VP, Risk Management, for MCR. Mr. Farquhar is responsible for investor reporting of MCRs fund investments and assists with finance and investor relations efforts. Morse, who is CEO of MCRone of the largest owner/operators in the U.S. lodging . Kevin Klein He is licensed to practice law in California and Illinois. Mr. Garson is a graduate of Lafayette College. Mr. Bartschi has 20 years of sales and marketing experience in the hotel industry, including roles in full service, focused service and extended stay properties. Pete Foster 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. 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. Mr. Spinks received a BS in Hospitality Management from the University of North Texas. Kimberly Sawyer In this role, he is responsible for assisting with the companys acquisition, development, disposition and capital markets activities. 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. Regional Vice President, Sales. Director of Procurement Operations and Accounts Payable. Prior to MCR, Larry was the VP of Talent Acquisition at LEARFIELD where he established and led all professional and campus recruiting programs. Its in the blood. 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. In this role, she is responsible for implementing strategic sales plans that focus on increasing revenue and market share penetration for hotels within her region. TM: Rebecca has always been my creative partner. Associate, Acquisitions & Development. All rights reserved. The two discussed the theme "Speculating Hospitality's Biggest Opportunities in the Decade. He lives in New York City with his wife and two daughters. In this role, he is responsible for driving activities related to planning, financial modeling, reporting and variance analysis, and performance measurement. 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. Tyler Morse, founder and CEO of MCR Development. You can always sell the rooms, but its a question of what price you can sell them for. Prior to joining MCR, Mr. Shinn was a Regional Director of Operations with Prism Hotels & Resorts. Mr. Morse earned his CPA at Ernst & Young LLP and worked as an investment banker at Morgan Stanley in its Financial Sponsors and Mergers and Acquisitions Group. Prior to joining MCR, Mr. Mituzas served as the Labor Relations Market Leader for Marriott Hotels in the New York City area. In this role, he is responsible for assisting with the companys acquisition, development, disposition and capital markets activities. I bought and sold a lot of hotels and a couple of office buildings. Mr. Dempsey has more than 30 years in Internal Audit and Compliance for a broad range of industries including, Investment Companies, REITS, Banks, Electric Utilities, Oil & Gas, and Manufacturing. Ms. Smith began her career at MCR in 2017 supporting the investment accounting team. No matter what our daughters end up doing, the hotel industry has been helpful in exposing them to the idea of a strong work ethic. Eston Miles is VP, Technology Infrastructure, for MCR. Ms. Robison received a Bachelor of Journalism from the University of Missouri. Kelley McCoy How do you think about investing in new properties? 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. Pete Foster What does it take to be a well-run hotel, and how do you differentiate when there are so many of them out there? Mr. Meister has a masters degree in Real Estate Finance from New York University and a bachelors degree from Florida State University. Ms. Delshad is a graduate of New York University. Logan Shinn I share Tyler's vision of MCR as a place of integrity, respect, innovation and excellence. Director, Acquisitions & Development. Previously, Mr. Farquhar was an Equity Analyst with Jefferies in San Francisco. Mr. Klein collaborates with suppliers to gain increased value from vendors and service providers. Prior to joining MCR, Mr. Egert worked at LoanCore Capital, a Greenwich-based private equity firm, and Newmark, one of the worlds largest commercial real estate advisors. How did that project come to be? TM: To put it succinctly, whats our edge? In this role, he is responsible for overseeing the Sales and Operating efforts of Hilton and Marriott branded hotels throughout his regions in Ohio, Georgia, Florida, Colorado and Montana. He has more than 30 years of experience working with Hilton, Marriott, Wyndham, IHG and independent hotels. Prior to joining MCR, Mr. Meister was an Associate with Leyton Properties, a residential developer focused on projects in the New York metropolitan area, and a Senior Financial Analyst with Marcus & Millichap. A huge part of how you differentiate your hotel company is culture. Interview conducted by Jacob Turner and article written by Maddy Pellow and Jacob Turner. She received her BA in Foreign Languages and Cultures from Washington State University. With more than 24 years experience as an insurance broker, Ms. Mote has served as the Regional Risk and Marketing Manager for Brown & Brown and as a Senior Workers Compensation Adjuster for Safeco Insurance. The design of the buildings and the project, as well as the enthusiasm for the project, was what won us the deal. In Pompano Beach, MCR developed a. 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). Stacy Harwell 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. Our seasonal events are open to all, free of charge. West Side Story won the Academy Award for Best Picture. Jamie Bradshaw She has a BA in Journalism and Photography from Cleveland State University. Hotel, Restaurant and Tourism Management from East Stroudsburg University. Ive ridden my bike from Canada to Mexico, along the Pacific Coast Highway and Highway One. Mr. Palm is responsible for the design and build of MCRs source to pay systems and process, daily procurement operations and the accounts payable function. BBH: How much of MCR operations is centralized versus decentralized? Prior to joining MCR, Mr. Homsher worked on the underwriting and asset management teams for Invesco Real Estate, focusing on the central region. Senior Director of Investor Relations. Senior Corporate Counsel. She received her BBA in Management from Texas Tech University. 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. 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. Bringing best-in-class expertise to everything we do. With $4 billion of assets under management, MCR owns and operates 125 hotels (20,000 guestrooms) across 34 states and has developed landmark properties such as the TWA Hotel at JFK Airport. Previously, Mr. McDonnell served as the Director of Finance at the Marriott Hotel and Golf Club in Fort Worth, Texas, and Director of Enterprise Applications and Regional Controller for Highgate Hotels. He is a Graduate of Iowa State University with a degree in Hotel, Restaurant and Institution Management. 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. Director, Acquisitions & Development. It was definitely unique compared to what else you had previously done. Its about differentiating. Since co-founding MCR in 2006, Mr. Morse has led the company to its position as the seventh largest hotel owner/operator in the United States. Ysabel Huerta is a Training Manager for MCR. Link MCR Hotels website Learn more Jobs We were not able to detect your location. BBH: You mentioned TWA. Additionally, she provides leadership support as well as training and development. And they have some great ideas. Prior to Ernst & Young, Mr. Chitnis was an Analyst within Citibanks Institutional Clients Group. Sean Cassidy is Vice President, New York Operations, for MCR. Regional Vice President, Execution. Under certain circumstances, BBH may provide services to investors located outside of the United States in accordance with applicable law. Its a national historical landmark, which creates a lot of additional challenges and a lot of additional hurdles to jump through. Ms. Carter served as the 104th ASG S1 Army Hotel Billeting, Director of Marketing and MWR programs. He serves on the advisory board of New York Universitys Tisch Center of Hospitality and on the Policy Advisory Board for the Fisher Center for Real Estate and Urban Economics at the University of California, Berkeley, Haas School of Business. Amanda Ekbom is a Regional Vice President, Sales, for MCR. Prior to joining MCR, Ms. Regenscheid held positions in asset management, consulting and project leasing. Over 500 museum supporters and attendees came out to . Kim Aviles is a Regional Vice President, Sales, for MCR. Brown Brothers Harriman & Co. is not responsible for the content within this linked site and no endorsement of their content is implied. Before Marriott purchased Starwood Hotels & Resorts Worldwide Inc. in 2016, Mr. Mituzas was the Area Director of Human Resources, overseeing 10 of Starwoods managed properties in the New York and New Jersey area for 16 years. Associate, Acquisitions & Development. With $4 billion of assets under management,. Prior to joining MCR, Mr. Garson was Vice President of Acquisitions at Sandpiper Lodging Trust, a private REIT focused on extended stay hotels. Today, we own about 100 and have sold 30 along the way. Miguel Pea is Senior Director of Investment Finance for MCR. Mr. Laster received a BS in Hotel, Restaurant and Institutional Management from Indiana University of Pennsylvania. Senior Director, New York Execution. Shannon holds a BS in Finance from The University of Texas at Dallas and a Texas real estate license. MCRs executives have decades of on-the-ground hospitality asset and property management experience at top tier corporations including Hilton Worldwide, Marriott International and Ernst & Young LLP. When MCR began developing independent hotels, I saw the chance to apply those skills. If you take more risk and hold back your inventory and wait until closer to the time of stay, you could potentially get more profits, but you might go empty. Its such a stunning building, and I think a lot of people appreciate the care and the detail that we put into it. Prior to joining MCR in 2015, Ms. Harwell worked as Corporate Accounting Manager for Wyndham International, Senior Auditor for Whitely Penn, and Restaurant Accountant for Brinker International. 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. But what makes us so unique is our executives singular ability to disrupt the industry norms to find better, smarter solutions that reinvent the way we do business. Senior Director of Investment Management. Rick Hibbs is Director of Licensing for MCR. Traditionally, hotels promote themselves from within the building. 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. Regional Vice President, Sales. MCR/Morse Development CEO/Managing Partner Tyler Morse and New York State Governor Andrew Cuomo (center, left and right) dig in along with other dignitaries and executives during last December's groundbreaking for the TWA Hotel at John F. Kennedy International Airport. Chris McDonnell is VP of Centralized Accounting for MCR. John F. Kennedy was president. 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. Collectively, Larry has over 25 years of experience leading global talent acquisition functions for companies including PepsiCo, Highland Capital, HBK Investments and Perot Systems. Brewer served as the Dual Director of Sales for two unique Marriott properties in San Antonio, Texas. With a portfolio . In this role, she designs print and digital assets, as well as hotel collateral. Will Garson is a Director, Acquisitions & Development, for MCR. Nicholas Thiele is a Regional Vice President, Sales, for MCR. Kristen Miller Reinsch 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. She received her BA in Hospitality Management from the University of Maryland. It was palpable. In this role, he leads the legal aspects of MCRs business. In this role, she is responsible for developing and implementing strategic sales and marketing strategies to drive revenue and improve market share. There are about 58,000 hotels, just in the United States. Ms. Ross received an MS in Management and Administrative Sciences from the University of Texas at Dallas and a BBA from Baylor University. Tyler Morse, MCR Hotels chairman and CEO,. In this role, he oversees the daily operations and sales execution in multiple hotels throughout the southwest. He received an MBA from Babson College and a B.S in Finance from St. Louis 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. BBH: Tyler and Rebecca, thank you so much for your time and insights. Ms. Ross has 35 years of experience with accounting, financial reporting and investor reporting for private equity and public commercial real estate investment funds. If they want to be in this business, wed love that, but the key to success in life is enjoying what you do. 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. Tyler Morse: I grew up in L.A. and went to college at UC Berkeley. He is responsible for obtaining new business, health, liquor and operational licenses, and for directing the licensing aspects of all acquisition, disposition, and operational transition transactions. Mr. Timms received a BS in Accounting from LeTourneau University. Prior to joining MCR, Mr. Buta served as Vice President of Operations for Magnolia Lodging for 14 years, developing and operating award-winning hotels. Lisa Kilgore is Director of Fund Management for MCR. TM: Theres no shortage of hotels out there; theyre everywhere. Our beautiful building feels like the grand dame of Chelsea, and weve always wanted it to be an anchor for our special neighborhood. Regional Vice President, Execution. I attended Harvard for business school and, after graduating 17 years ago, moved to New York. In this role, Ms. Smith is responsible for tracking company initiatives and brand compliance across the portfolio. Ms. Sheehy also enjoys philanthropic endeavors and volunteering, and led the corporate giving program for Kronos Inc. She has also worked on the sell side in business development and account management at a corporate travel management firm. They are amazing. Led by founder Tyler Morse, MCR is the fifth-largest hotel owner-operator in the United States. Marge Bajzek is Senior Corporate Paralegal and Legal Case Manager for MCR. Cecilia Mariscal is a Senior Associate, Acquisitions & Development, for MCR. The distribution landscape continues to change. We have each others backs. Ms. Sinclair received a BBA in Marketing from Texas Tech University. We won an RFP from The Port Authority of New York. She is responsible for overseeing the compliance and reporting of MCRs fund investments, while also assisting with the companys finance and investor relations activities. People want to have fun when they come to work. Leah Caruso is the Senior Director, Special Events & Partnerships for MCR. Ms. Hampton has 15 years of hospitality accounting experience. Important Information for Non-U.S. It had been boarded up for over a decade, but you could still feel the magic of the building. Leading up to founding MCR 14 years ago, I worked in a variety of different jobs. The company's sensitive redevelopment of Eero Saarinen's landmark 1962 TWA Flight Center at JFK Airport is garnering significant praise. Mr. Palm received a BS in Management from Boston University. In this role, she oversees the creative teams designs, working with vendors, preparing files for production, organizing timelines and maintaining schedules. He attended the University of Illinois and majored in Business Administration. Director of Strategic Finance and Analytics. He also led the Internal Audit and Controls practice for Bridgepoint Consulting, where he was the outsourced Chief Audit Executive for both public and private companies. Becky Byron is the Art Director for MCR. Previously, she was the Director of Marketing & Special Events for Kate Spade & Company, where she served as the brand director for Tim Gunn, Chief Creative Officer and former Project Runway mentor. John Glenn became the first American in space. Previously, Ms. Delshad worked at Morgan Stanley for 6+ years across a variety of functions. George Spilich is a Regional Vice President, Execution, for MCR. Previously, Ms. Brown was an equity analyst in the REIT space with KBW and Deutsche Bank. James Spinks is VP, Centralized Accounting, of MCR. Kaunteya Chitnis is SVP, Acquisitions & Development, of MCR. Employee Benefit Funds, Mr. Cassidy instructed eligible NYHTC members in the art of banquet service and administered certification exams. Previously, Mr. Spinks served in various roles at Interstate Hotels & Resorts, Rosewood Hotels, and Bristol Hotels & Resorts. She also works with the Development and Construction teams on various projects. In this role, Mr. It wasnt my passion, so I started MCR on a shoe-string budget with the Alabama hotel. Prior to joining MCR, Mr. Koss held positions such as as Area VP of Operations, Regional Director of Operations and Corporate Training Manager with Reliance Hotel Group, Expotel Hospitality, LBA Hospitality and Davidson Hotels. 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. Regional Vice President, Sales. Cheryl Sinclair is the VP, Human Resources, for MCR. Russ Shattan is a Partner at MCR. There are 60+ professionals named "Tyler Morse", who use LinkedIn to exchange information, ideas, and opportunities. Daeho Kim is VP, Corporate Treasurer, of MCR. Video. In this role, Ms. Brown is responsible for managing MCRs investor relationships and communications, as well as supporting MCRs fundraising and capital formation efforts. Kim Aviles Additionally, she provides leadership support as well as training and development. Queens Borough President Melinda Katz, who is running for the office of district attorney, received a $25,000 contribution from Tyler Morse, head of MCR Development, the company behind the new TWA . Talk about how you identified the opportunity and the development of the hotel. 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. Mr. Mehlman received an MBA from the University of North Carolina at Chapel Hill and a B.A. George Spilich Gretchen Vitamvas is the Production Director of MCR. John Koss He also supports tactical planning, project assignments and execution of sales, marketing and e-commerce distribution. Prior to founding MCR in 2006, Tyler Morse served as the President of Bliss. Certain BBH products or services may not be available in certain jurisdictions. I love the hotel business. Ms. Zanzinger received a BA in Journalism and Communications from Rutgers University. This material may not be reproduced, copied or transmitted, or any of the content disclosed to third parties, without the permission of BBH. Raising our second discretionary investment fund was a big success. Mr. Buta has more than 20 years of hospitality experience including leadership positions with hospitality companies such as Hilton Worldwide & Wyndham International in the areas of operations, food & beverage and sales and marketing in both full service and select service hotels. He also supported the development of two marquee New York City hotel projects: the 60-room The High Line Hotel in Manhattans Chelsea neighborhood and the 512-room TWA Hotel at John F. Kennedy International Airport. Previously, Ms. Zanzinger served in senior-level roles atReal Simple,GlamourandWomans Day, specializing in lifestyle content. BBH: Are there plans to do more unique hotels? Furthermore, these positions are not intended to predict or guarantee the future performance of any currencies or markets. Prior to joining MCR, Mr. Sparacino served as Director of Sales and Marketing for Marriotts W Union Square and W New York hotels. Mr. Palm has more than 20 years of experience in finance and procurement with a focus on operational excellence. Kevin Klein is Vice President, Food and Beverage, of MCR. He joined MCR in 2010. 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. Shane Norton Regional Vice President, Execution. I am a current investor in another jurisdiction, /content/bbh/external/www/us/en/policies-and-disclosures/legal, Privately Held and Family-Owned Businesses. 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. Mr. Morse is an active member of IREFAC, PREA, NAREIT and The Real Estate Roundtable. The content contained herein is current as of the date of issuance and is subject to change without notice. Mr. Chitnis is a graduate of Cornell University. Courtney Moore is a Training Manager for MCR. Photo: Max Touhey Dan Sparacino is Regional Vice President, Sales, for MCR. . 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.
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