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Andrew Broad
Vice PresidentHotel Assets Group
Westfield, United States
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General
About
* 4 Years Experience in Hotel Franchise Sales in the Midwestern US
* 10+ Years Experience as a Hotel Broker and Hotel Investment Advisory Specialist with a focus on limited and select service hotels located in the Midwestern, Mid-Atlantic and Northeastern US
* Experience in business development for a hotel management company with 50+ hotels under management including Marriott, Hilton, Starwood, and Inter-Continental branded hotels.
* 10+ Years Experience as a Hotel Broker and Hotel Investment Advisory Specialist with a focus on limited and select service hotels located in the Midwestern, Mid-Atlantic and Northeastern US
* Experience in business development for a hotel management company with 50+ hotels under management including Marriott, Hilton, Starwood, and Inter-Continental branded hotels.
Haves
15+ Years of experience in hotel investment sales, structuring debt and equity for hotel investments
Negotiating purchase and sale agreements
Structuring hotel investments
Negotiating management contracts
In depth knowledge of the US hotel markets
In depth knowledge of hotel industry key players
Negotiating purchase and sale agreements
Structuring hotel investments
Negotiating management contracts
In depth knowledge of the US hotel markets
In depth knowledge of hotel industry key players
Professional Experience
Aug 2011 - Present
Vice President
Hotel Assets Group
Real Estate
Hotel Assets Group
Real Estate
Vice President at Hotel Assets Group, a hotel brokerage and investment advisory that specializes in the sale and exchange of hotel assets throughout the United States.
1996 - 1999
(3 years)
(3 years)
Director of Franchise Development
Cendant
Leisure, Travel & Tourism
Cendant
Leisure, Travel & Tourism
Director of Franchise Development for Days Inn, Howard Johnson, Ramada and Villager Lodge Midwestern US.
1999 - 2004
(5 years)
(5 years)
Vice President
Timm & Associates, Inc.
Hospitality
Timm & Associates, Inc.
Hospitality
Hotel Brokerage and Investment Advisory Firm with a focus on the Upper Midwestern US. Also responsible for co-designing www.hotel-broker.com a forum for hotel sale transactions.
Jan 2005 - Jan 2009
(4 years)
(4 years)
Senior Vice President
HREC Investment Advisors
Hospitality
HREC Investment Advisors
Hospitality
Senior Vice President for a hotel brokerage and investment banking firm. Principal broker on 30+ hotel transactions in the Northeast and Mid-Adlantic regions.
2009 - Aug 2011
(2 years, 8 Months)
(2 years, 8 Months)
Senior Vice President of Business Development
Alliance Hospitality Management LLC
Hospitality
Alliance Hospitality Management LLC
Hospitality
Education
1991
BS, Cornell University (High School)
Hotel Administration
Hotel Administration
More about Andrew Broad
First Name
Andrew
Last Name
Broad
My Affiliations
Cornell Hotel School Alumni
Awards / Honors
New Jersey Real Estate 2007 Commercial All-Star
NJ Licensed Real Estate Broker
Rookie of the Year 1997 - HFS / Cendant
NJ Licensed Real Estate Broker
Rookie of the Year 1997 - HFS / Cendant
Specialities
15+ Years of experience in hotel investment sales, structuring debt and equity for hotel investments
Negotiating purchase and sale agreements
Structuring hotel investments
Negotiating management contracts
In depth knowledge of the US hotel markets
In depth knowledge of hotel industry key players
Negotiating purchase and sale agreements
Structuring hotel investments
Negotiating management contracts
In depth knowledge of the US hotel markets
In depth knowledge of hotel industry key players
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