bios – senior leadership - Gulph Creek Hotels.
bios – senior leadership - Gulph Creek Hotels.
bios – senior leadership - Gulph Creek Hotels.
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Hotel Workouts !<br />
and Receiverships!<br />
Background !<br />
and Qualifications !<br />
Contact:!<br />
Derek Sylvester, VP!<br />
(610) 687-9280!<br />
DSylvester@gulphcreekhotels.com<br />
www.gulphcreekhotels.com
WHY GULPH CREEK HOTELS<br />
We will focus our attention on you, your asset and your concerns.<br />
1. We won’t just baby sit your hotel, we will secure and clean up the asset, drive revenues, streamline<br />
operations and maximize value.<br />
2. Market leaders <strong>–</strong> your asset will be part of a highly competitive hotel portfolio. Three of our six<br />
hotels are #1 in their respective comp sets.<br />
3. Hands on <strong>–</strong> we are a smaller owner-operated company with an owner serving as the single point of<br />
contact for you and the asset.<br />
4. Well respected company <strong>–</strong> we are an approved Operator with all major brands <strong>–</strong> Marriott, Hyatt,<br />
IHG, Hilton, Starwood and Choice. Currently operate independent hotels.<br />
5. Experienced <strong>–</strong> we are an experienced receiver with a strong takeover and distressed hotel<br />
management track record<br />
6. Strategic partner <strong>–</strong> we bring strong valuation, market study and hotel consulting experience to<br />
support the best course of action for the asset.<br />
7. 350 Employees, $36 million annual revenue<br />
www.gulphcreekhotels.com
Hotel<br />
MANAGED HOTELS<br />
Guest<br />
Rooms Location<br />
www.gulphcreekhotels.com<br />
Year<br />
Opened<br />
Hilton Garden Inn 105 Hamilton, NJ 2007<br />
Marriott Courtyard 127 Malvern, PA 2007<br />
Marriott Courtyard 132 Collegeville, PA 2005<br />
SpringHill Suites 200 Liberty International Airport, NJ 2004<br />
Tidewater Inn 103 Easton, Maryland 1957<br />
Crowne Plaza 340 Philadelphia, PA 1980<br />
Total 1,007
ORGANIZATIONAL CHART<br />
VP Select Service VP Resorts VP Full Service<br />
SpringHIll<br />
Courtyards<br />
HGI<br />
Tidewater<br />
Kent Island<br />
Derek<br />
Sylvester<br />
Development<br />
Asset Management<br />
Crowne Plaza<br />
Amy Gancasz<br />
Accounting/IT<br />
www.gulphcreekhotels.com<br />
VP<br />
Sales and Marketing<br />
Revenue<br />
Management<br />
Human Resources
ASSET MANAGEMENT/WORKOUT SERVICES<br />
<strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> addresses these issues by conducting the following steps:<br />
• Receivership in Bankruptcy<br />
• Management Operations Review<br />
• Forbearance Agreement<br />
• Franchise Evaluation<br />
• In-Depth Financial Review<br />
• Market Position Analysis<br />
• Physical Review/Renovation Estimates<br />
• Financial Projections<br />
• Debt Restructuring<br />
• Marketing Plan Critique<br />
• Strategic Plan<br />
• On-Going Management Review<br />
• Foreclosure/Bankruptcy Strategy<br />
• Establish Sale Price<br />
• Disposition Strategy<br />
www.gulphcreekhotels.com
RECEIVERSHIP/MANAGEMENT SERVICES<br />
GCH is positioned to serve as the receiver and management company for a nonperforming<br />
hotel. Our methodology is outlined below:<br />
• Determine the best plan to minimize the loss to the bank or special servicer.<br />
• Forbearance agreement, receivership in place<br />
• Takeover of management (after obtaining waiver of lender liability) or<br />
foreclosure and eventual sale of the asset.<br />
• Determine ability of the hotel or motor inn to service debt or generate cash flow<br />
in the short or long term.<br />
• Assess condition of books and records, implement internal controls and cash<br />
handling procedures.<br />
• Evaluate physical condition of the property relative to the competition and the<br />
amount of renovation needed to restore the hotel's competitive edge or maintain<br />
the current franchise affiliation.<br />
• Determine whether the existing franchise is adequate for the market and the<br />
hotel<br />
www.gulphcreekhotels.com
BIOS <strong>–</strong> SENIOR LEADERSHIP<br />
Amy Gancasz - President<br />
• <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> - 1998 to present. Direct operations of all hotels.<br />
• Prior - 16 years in hospitality management. Started with <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> as an AGM. Promoted<br />
to GM, regional manager and VP of Operations (2002).<br />
• Education - BS, Hospitality and Tourism Management - Grand Valley State University in Allendale,<br />
Michigan.<br />
Derek W. Sylvester <strong>–</strong> Vice President<br />
• <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> - 2006 to present. Acquisition, development and takeover/repositioning of<br />
hotels. Asset management of SERS resorts.<br />
• Prior <strong>–</strong> Asset management Harbor View and Kelley House <strong>–</strong> Edgartown, Massachusetts ($6m F&B),<br />
Hotel Hershey - Hershey, Pennsylvania, the Wyndham Bermuda Resort - Southampton, Bermuda<br />
and the Chesapeake Bay Beach Club. Responsible for the development of the Palace - Somerset, New<br />
Jersey, Castle Hill Inn & Resort - Newport, Rhode Island ($2m F&B). Consulting positions with<br />
Pannell Kerr Forster, Restaurant Advisory Services and Sylvester Consulting Group. Marriott Hotel<br />
Restaurant Manager ID training program and restaurant management positions with Marriott<br />
<strong>Hotels</strong> & Resorts.<br />
• Education - BS, Cornell University School of Hotel Administration<br />
www.gulphcreekhotels.com
BIOS <strong>–</strong> SENIOR LEADERSHIP<br />
Douglas C. McBrearty, CHA<br />
• <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> - 1996 to present<br />
• Prior - 35 years of experience in the industry including 17 years with Sheraton Corporation in<br />
corporate, general manager and sales positions. Doug has successfully marketed, managed,<br />
repositioned, renovated, re-flagged, developed, owned and disposed of more than 100 hotels. Doug<br />
opened the 365-room Sheraton Society Hill - Philadelphia as the General Manager and the 290-room<br />
Ritz Carlton-Philadelphia and Hilton Great Valley as the Asset Manager for Rouse and Associates.<br />
• Education - BS, Hotel, Restaurant, and Institutional Management - The Pennsylvania State<br />
University<br />
L. Clarke Blynn<br />
• <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> - 1996 to present.<br />
• Prior - Managed regional hotel consulting practice at Pannell Kerr Forster, an international hotel<br />
consulting company. Conducted market demand, operations, and valuation studies of hundreds of<br />
full- and limited-service hotels. Asset management, receivership deal structuring and contract<br />
negotiations are specialties.<br />
• Education - BS, Cornell University School of Hotel Administration<br />
www.gulphcreekhotels.com
BIOS <strong>–</strong> SENIOR LEADERSHIP<br />
Bill Deckard <strong>–</strong> Regional Manager<br />
• <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> - 2001 to present.<br />
• Prior <strong>–</strong> Winegardner & Hammons <strong>–</strong> Assistant general manager, McIntosh Inns <strong>–</strong><br />
general manger. Marriott <strong>Hotels</strong> & Resorts <strong>–</strong> sales and housekeeping. Hilton <strong>Hotels</strong> <strong>–</strong><br />
sales.<br />
• Education - Hotel, Restaurant, and Institutional Management - The Pennsylvania<br />
State University<br />
David Arena <strong>–</strong> Regional Manager<br />
• <strong>Gulph</strong> <strong>Creek</strong> <strong>Hotels</strong> - 2006 to present. Prior:<br />
• General Manager: Penn Oaks Golf Club-West Chester, PA. General Manager: Marriott<br />
Residence Inn- Exton, PA. General Manager/Director of Sales: Holiday Inn West<br />
Chester. Director of Sales: Wyndham Hotel-Wilmington, Delaware. Executive<br />
Director: Delaware Document Retrieval-Wilmington, DE. Owner/Manager: Arena’s<br />
Famous Restaurant-Rehoboth Beach DE. Owner/Operator: The Shipley Grill-<br />
Wilmington DE.<br />
www.gulphcreekhotels.com
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