Wealth & finance International - Wealth & Money Management Awards 2017

www.wealthandfinance-intl.com 13 Best Hospitality Investment Firm – USA & Excellence Award for Luxury Hotel Investments 2017 MCR Development LLC is the 7th largest hotel owner-operator in the United States. We explore this exciting company which boasts a $2.0 billion portfolio of 92 premium-branded hotels with over 9,800 rooms across 21 states and 56 cities. Company: MCR Contact: Melissa Gannon Contact Email: [email protected] Address: One World Trade Center, Floor 86, New York, 10007, USA Established in 2006, the MCR Team have grown the firm’s portfolio through a series of development projects and acquisitions. As such, MCR’s primary focus is to drive value throughout its real estate portfolio, generate superior returns for its investors, and provide a professional, integrity-driven, merit-based working environment for its team members. The firm has consistently executed this business plan via opportunistic acquisitions and development; management experience and high- performance team as well as industry leading relationships. The management experience and high-performance of the team has led to industry leading relationships, both of which are also key factors in MCR’s success. Both the Executives and Co-Founders of the firm have decades of on-the-ground hospitality asset and property management experience at Starwood Hotels & Resorts Worldwide, Hilton Worldwide, Marriott International, Highgate Hotels, Ernst & Young LLP, RFS Hotel Investors, and others. MCR’s operational expertise empowers the company to execute a “buy and fix” strategy that boasts significant top-line operational improvement (primarily through growth in RevPAR / RevPAR index) and increased flow-through to the bottom line. Central to the firm’s success is its staff, and as such each member of the MCR Development team is an invaluable asset to this ever-growing hospitality company. From back office staff to the beaming faces of MCR’s front lines, the company want each of its team members to know that they truly trust them to get the job done. As such, MCR hire only the best hospitality professionals around and fully empower them to use their expertise and ingenuity to surpass client expectation. Looking to the future, MCR will continue to grow and flourish as it seeks to further expand its portfolio and build upon its current success. With a number of its properties having recently undergone renovation the company is poised to attract even more guests over the months and years to come. WM170023