Welcome to BRE Hotels & Resorts

About Us

We deliver industry-leading returns for stakeholders by driving excellence at every property within our diverse portfolio. As a Blackstone fund owned hospitality platform, our owned assets focus on upscale, extended-stay and select-service properties including:

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30,000 Room Keys
22 Brand Partners
15 Third Party Management Partners
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Leadership

Senior Leadership Team

Joe Berger President & Chief Executive Officer
Patrick Volz Chief Operating Officer
MaryJo Finocchiaro MaryJo Finocchiaro EVP & Chief Financial Officer
Mark Workman Mark Workman EVP & Chief Capital Officer
Don Goodman Don Goodman EVP, Development & Capex (Full Service)
Charles Macon Charles Macon SVP, Finance
Jim Petrus Jim Petrus SVP, Asset Management (Full Service, Hawaii)
Scott Spurlock SVP, Asset Management (Full Service)
Cristina Little Headshot Cristina Little SVP, Revenue & Profit Optimization (Full Service)
Kathryn Arbogast Kathryn Arbogast Senior Hospitality Counsel

Select Service Asset Management

Fouad Faraj Fouad Faraj VP, Asset Management (Southeast)
Cathie Franklin Cathie Franklin VP, Asset Management (Northeast)
Mark Sample Mark Sample VP, Asset Management (California)
Andy Slater VP, Asset Management (Central & West)
Lisa Leenheer Lisa Leenheer VP, Revenue Optimization (Select Service)
Steve Reiswig Steve Reiswig VP, Design & Construction
Chris Stevens Headshot Chris Stevens VP, Asset Management (Select Service, Southeast/Midwest/Western)
Core

Values

At BRE Hotels & Resorts, our team is lean and ambitious, driven to achieve industry leading results within a framework of shared values that guide our actions and inform our decisions.  We foster a positive, professional culture by encouraging our colleagues to:

01 Exemplify integrity; exercise good character
02 Be a responsible steward of financial and human capital; think like an investor
03 Execute a thoughtful game plan; be strategic, efficient and effective
04 Roll up your sleeves; take ownership of results
05 Collaborate; prioritize strategic partnerships
06 Communicate clearly, consistently; stand by your word
07 Leverage resources and scale; share best practices
08 Embrace change; generate fresh perspectives
09 Drive innovation; create value
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History

Staying Ahead of the Times

2004

BRE Hotels & Resorts traces its roots to Blackstone Real Estate Group’s 2004 acquisition of Boca Resorts Inc. BRE’s predecessor WHM was formed to manage Boca’s five distinctive destination properties in prime Florida locations, including the famed Boca Raton Resort & Club. Wyndham International was acquired the following year, a transaction that led to the creation of LXR Luxury Resorts to comprise not only Wyndham’s luxury portfolio – 14 full-service hotels, resorts and spas throughout the United States, Puerto Rico and the Caribbean – but also the Boca Collection and Prime Hospitality’s proprietary full-service brand.

2013

BRE’s current platform was established in 2013 with the purchase of a select service portfolio from Apple REIT. Since then BRE Hotels & Resorts has expanded its asset base to include all chain scales with a focus on luxury and upper upscale resorts. A shrewd approach to hotel acquisitions continues to expand the platform’s reach into diverse markets with strong demand generators. This dynamic portfolio emphasizes profitability, with a proven strategy to significantly re-invest in acquired assets to improve guest experience and thus enhance share. The result is a powerful investment vehicle focused on long-term hold for a steady income stream.

Responsibility

Be the Difference

BRE Hotels & Resorts takes seriously our commitment to corporate responsibility, with efforts focused on environmental stewardship and community outreach.

In 2019, BRE’s select-service portfolio reduced energy consumption by 8.2% YOY and water consumption by 2.5%; targeted full-service properties reduced overall energy and water expenditures by 9%. Examples from individual properties include:

Lighting: An LED upgrade at JW Marriott San Antonio is reducing energy usage by 12%

Water: A variety of efficiency measures at Grand Wailea is reducing water consumption by 20%

BRE Hotels & Resorts encourages our people and properties to be active members of their local communities. Following are just a few favorites:
Turtle Bay Resort launched the Turtle Bay Community Gardens, providing 500-sq.-ft. plots to selected residents, employees and nonprofit/community organizations. Learn More
Hotel Del Coronado – the first hotel to be lit by electricity – enjoyed an historically respectful renovation project. Learn More
BRE Hotels & Resorts encourages its corporate team members to support the communities where they live, work and play.

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