Shannon Keaney is Regional Vice President, New York Execution, for MCR. Kimberly is a graduate of Oregon State University and holds a Bachelor of Fine Arts (BFA) degree with an emphasis in Photography. Logan Shinn is a Regional Vice President, Execution, for MCR. Elaine Carter TM: To put it succinctly, whats our edge? He joined MCR in 2013 as a General Manager and most recently has held the position of Area Director of Operations for the hotels in West Texas. Previously, he spent more than 25 years as an architect in workplace strategy and corporate interiors. Tyler Morse, Mcr Development LLC: Profile and Biography - Bloomberg Markets Bloomberg the Company & Its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login. In this role, he is responsible for overseeing the compliance and reporting of MCRs fund investments, while also assisting with the companys finance and investor relations efforts. Regional Vice President, Sales. BBH sat down with Tyler and Rebecca Morse to discuss their latest passion project: the TWA Hotel. 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. Since joining MCR in 2011, Mr. Shattan has worked on all of our investments, including asset purchases, development projects, financings, fund-raising and investment sales. Tyler Morse - Executive VP, Str.. - Suffolk Construction | ZoomInfo Brewer has 20 years of sales and marketing experience in the hospitality industry including roles in focused and full-service properties. 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. He also worked as a busboy at the Hard Rock Caf in Honolulu, Hawaii, and as a car valet at The Cheesecake Factory in Redondo Beach, California. We have around 5,000 employees and do business in 27 different states. Mr. Morse is an active member of IREFAC, PREA, NAREIT and The Real Estate Roundtable. Leading up to founding MCR 14 years ago, I worked in a variety of different jobs. Prior to joining MCR, Mr. Cassidy was the Hotel Manager at The Westin New York Times Square for five years. I loved it. We are almost finished deploying the fund. Carey. Since attending Indiana University, Mr. Rosens more than 20 year hospitality career has included General Manager positions with several Marriott and Hilton brands along with La Quinta and independent hotels. So, it is part design and creativity, part distribution. There are a lot of different directions you can go in hotels and real estate development, so they may find something they love, and thatd be terrific. Regional Vice President, Execution. Tyler Morse: Founder, Chief Executive Officer & Chairman: William White: Chief Financial Officer: Lisa Ross: . MCR is based in New York City and Dallas and owns 92 premium-branded hotels containing 15,000 guestrooms, including the TWA Hotel at JFK International Airport, which opened in 2019 and utilizes. Mr. Morse got his start as a baggage handler for Delta Airlines at LAX. She received a BA in Journalism from the University of Arizona. This link is provided for informational purposes only. Additionally, she provides leadership support as well as training and development. Tyler Morse - FP&A and Team Lead Consultant - Carey & Co | LinkedIn 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. Leah Caruso is the Senior Director, Special Events & Partnerships for MCR. Previously, Ms. Delshad worked at Morgan Stanley for 6+ years across a variety of functions. Team | MCR Hotels Previously, Mr. Farquhar was an Equity Analyst with Jefferies in San Francisco. And they have some great ideas. As an adjunct professor at New York Universitys School of Professional Studies, Ms. Zanzinger taught a magazine editing course. The website contains content that has been obtained from sources that BBH believes to be reliable as of the date presented; however, BBH cannot guarantee the accuracy of such content, assure its completeness, or warrant that such information will not be changed. I hope they feel like that to all visitors. Randall Timms is VP, Centralized Accounting, of MCR. Mr. Tobin is a graduate of Cornell University. Mr. Dempsey has successfully performed as Chief Audit Executive for multiple companies. Ms. Johnson received a Bachelors degree from the University of Arizona and holds two certifications from Harvard Business School in Data Science and Business Analytics. They spend a lot of time at all of our properties. But the feeling is one of total openness and warmth. BBH: You have two relatively young kids. Ms. Hampton is responsible for preparing the corporate office financial statements as well as overseeing ownership accounting for several portfolios. They are amazing. Mr. Mituzas began his career at ITT Sheraton, performing various operations and human resources roles. Prior to joining MCR in 2014, Ms. Teeters was a Regional Revenue Manager with White Lodging Services, overseeing hotels in Colorado and Utah. Referring to AAHOA as the "greatest American dream story," Tyler Morse of MCR delivered a keynote during AAHOACON '23 in which he offered plenty of business advice for association members on everything from rate strategies to dealing with disruptors. Mark Kucera is SVP, Operations, of MCR. Prior to joining MCR, Mr. Foster was a member of Stanford GSBs Summer Institute and an analyst at Vesta Industrial Real Estate in Mexico City. Mr. Bradshaw is a graduate of Cornell University. Additionally, she provides leadership support as well as training and development. TM: Yes, Ive always known that Im an entrepreneur. Matt Kinley is a Regional Vice President, Execution, for MCR. Do you see this becoming a family business? The content contained herein is current as of the date of issuance and is subject to change without notice. She serves on the Board of Trustees of the Juilliard School. Prior to joining MCR, Mr. Hibbs was a consultant at a firm that provided licensing services in all 50 states. Prior to joining MCR, Ms. Ross held senior executive roles at Behringer and the Hampstead Group. Director of Strategic Finance and Analytics. Prior to joining MCR, Mr. Homsher worked on the underwriting and asset management teams for Invesco Real Estate, focusing on the central region. BBH: Tyler and Rebecca, thank you so much for your time and insights. He holds a BS in Hotel, Restaurant, and Institutional Management, as well as, an Associates Degree with Honors in Culinary Arts from Johnson and Wales University. Tyler Morse: I grew up in L.A. and went to college at UC Berkeley. Associate, Acquisitions & Development. I attended Harvard for business school and, after graduating 17 years ago, moved to New York. Josh Egert is a Director, Capital Markets, for MCR. It was definitely unique compared to what else you had previously done. Previously, Mr. Homsher interned with Trammell Crow Residential and Manhattan Construction Company. John Koss is Senior Director, Hotel Transitions, for MCR. Charlie Floyd Its incredibly cool of course. Its the most complicated of the real estate asset classes, and it changes every day. Previously, Mr. Garson was an analyst at Hackney Real Estate Partners, a private real estate investment firm. Next thing you know, Im the CEO of Bliss. 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. She has also appeared as a lifestyle expert on television programs including NBCsTodayshow, ABCsGood Morning Americaand CBSsThe Early Show. Prior to joining MCR in 2016, Mr. Delli Santi was a Senior Associate with Starwood Capital Group, where he was responsible for managing a number of the firms investments in the full and limited service hotel sectors. She also works with the Development and Construction teams on various projects. Its in the blood. Previously, Ms. Mariscal was the Head of Acquisitions & Asset Management for Mar Group, a real estate investment firm. Russ Shattan is a Partner at MCR. Miguel Pea Chris McDonnell is VP of Centralized Accounting for MCR. He has also held sales roles with Marriott and IHG managed properties. ), Ms. Reinsch lives in Dallas with her husband and four children. He studied Business Administration at East Stroudsburg University. Jody Farquhar Prior to joining MCR, Ms. Kilgore was the Real Estate Controller for Behringer Harvards Opportunity Funds, and she began her career as an auditor of PwC. This week's podcast guest is Tyler Morse, CEO of MCR Hotels, the 3rd largest owner-operator of hotels in the U.S, and the developer of the award winning TWA Hotel at JFK. Her primary responsibilities include achieving top line sales and market share growth as well as brand collaboration, strategic positioning, sales process implementation, training and development, resource allocation, hotel acquisitions, property openings, and recruiting. In this role, Mr. Norton is responsible for managing MCRs investor portal and customer relationship management systems, overseeing investor audit and due diligence requests and supporting investor relationships and communications. Tyler Morse BLLA Events TM: Rebecca has always been my creative partner. BBH: You touched on this when you said that only 15% of hotels are well run. Director of Investor Relations. She got excited about it, and we got excited about working together. Amanda Ekbom is a Regional Vice President, Sales, for MCR. This material may not be reproduced, copied or transmitted, or any of the content disclosed to third parties, without the permission of BBH. Prior to joining MCR, Ms. Zanzinger was the Editorial Director ofUs Weeklyat Wenner Media, where she led the operations for digital and print platforms that attracted an audience of 50 million. Courtney Brewer George Spilich is a Regional Vice President, Execution, for MCR. With no job, he sold his car to afford a plane ticket and flew with a Costa Rican airline to Santiago, Chile. . Mr. Tschoepe has over 25 years of Human Resources experience and served previously at USAA, CPS Energy, and ARCO Oil & Gas Company. Tyler Morse is Chairman and CEO of MCR, which comprises three discretionary funds and is the 4th largest hotel owner-operator in the United States. Nathan Logan is General Counsel of MCR. from the University of Michigan. Its something were extremely proud of, but there were a lot of sleepless nights. TM: No, it was deal by deal up until 2016. Previously, Mr. Kucera served as Executive Vice President of Operations for Expotel Hospitality Services for eight years and Regional Director of Operations as well as Area Operations and General Management Positions for Flagstone Hospitality Management, the affiliated management company of RFS Hotel Investors, Inc, in Memphis, TN, for 14 years. Senior Corporate Paralegal and Legal Case Manager. John F. Kennedy was president. Ms. Mariscal is a graduate of University of San Diego. Listening to Tyler Morse, the founder and CEO of New York-based hotel owner and operator MCR Development, speak, you quickly realize that among a room of hotel industry experts, he's one of the smartest. BBH: What about your passion for hotels? My experience has spanned from being a valet, ski instructor, airline baggage handler and even the youngest bank teller in the state of California to working at Ernst & Young, Morgan Stanley and Warner Music Group. Alyson Jett is a Regional Vice President, Sales, for MCR. 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 is a hospitality professional with more than 23 years of experience including with multi-brand full and select service properties throughout the northeast United States. She received a BA in English from Yale University. Tyler Morse is Chairman and CEO of MCR, which comprises three discretionary funds and is the 3rd largest hotel owner-operator in the United States. 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. Since then, through a series of development projects and acquisitions, we have grown to become the 3rd largest hotel owner-operator in the United States. Tyler Morse is Chairman and CEO of MCR, which comprises three discretionary funds and is the 4th largest hotel owner-operator in the United States. In this role, he is responsible for assisting with the firms execution of acquisition, disposition, development and capital markets activities. Prior to joining MCR in 2013, Mr. Spinks was an Assistant Controller with Pillar Hotels & Resorts, where he led centralized accounting for 40-50 hotels. It was kind of an extraordinary run: it grew from being unprofitable to $17 million of EBITDA over that same period. Ysabel Huerta is a Training Manager for MCR. Chad Newman is SVP, Hotel Execution. Kim Aviles is a Regional Vice President, Sales, for MCR. 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. Morse, who is CEO of MCRone of the largest owner/operators in the U.S. lodging . Before going in-house, Ms. Reinsch practiced complex commercial litigation for 12 years at several highly regarded litigation boutiques in Texas. When you see yourself winning, thats fun. Larry Lindsey is VP, Talent Acquisition, for MCR. Im also passionate about staying active. In this excerpted interview, we also cover growing and funding MCR, which has purchased and built 130 hotels, leadership, their investment approach and working together as creative partners. TM: We have about 200 people above property and about 4,800 people who work in the hotels. West Side Story won the Academy Award for Best Picture. RM: The High Line Hotel is a dream project a magnificent architectural jewel in the middle of one of New York Citys most charming areas. He serves as a Trustee on the board of Prep for Prep. Previously, Ms. Moore held an operations role with Fort Wood Hotels. 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. She also served as a consultant to Lionstone Investments. He has been Chief Audit Executive for Behringer Funds. MCR was also named one of Fast Company's Most Innovative Travel Companies of 2020. Director, Acquisitions & Development. TM: Launching the TWA Hotel was a big deal. Quinn Mann Montano He lives in Long Island City, Queens, where he volunteers his time as an active member of the local community board and civic association. Prior to joining MCR, Mr. Logan practiced law for 12 years with the global firm Latham & Watkins LLP, where he specialized in real estate M&A and financing transactions for private equity firms, REITs and other commercial real estate owners and investors. Mr. Koss holds degrees in Hospitality Management and Culinary Arts from the Pennsylvania Institute of Culinary Arts. She also served as a consultant, sourcing her own commercial real estate investment clients in the Dallas Fort Worth market. I think its difficult for children to conceptualize spreadsheets being manipulated on a computer or emails being typed on an iPhone. Ms. Johnson is responsible for reporting and analysis of procurement activities and supplier spend, leads a team of buyers responsible for subscription and transactional purchases and oversees the purchase order process in MCRs source to pay platform. 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. In this role, she oversees all photography and digital assets for MCRs large portfolio of branded hotels. She has a BA in Journalism and Photography from Cleveland State University. MCR Development's Tyler Morse might just be the smartest guy in the Mr. Farquhar received an MBA with a concentration in Finance and Investment Management from the University of Texas at Austin and a BBA in economics from the University of North Texas. We have about 15 people in the group, and they do a terrific job. In this role, he oversees the centralized accounting function for the hotels in the MCR portfolio. BBH will only accept investors from such jurisdictions or countries where it has made a determination that such an arrangement or relationship is permissible under the laws of that jurisdiction or country. For the 15 years prior to joining MCR, her focus was on insurance program management for large hospitality, financial and construction practices. As a general matter, Brown Brothers Harriman & Co. and its subsidiaries (BBH) is not licensed or registered to solicit prospective investors and offer investment advisory services in jurisdictions outside of the United States. Michael Rosen is a Vice President of Execution for MCR. Previously, he was a General Manager. 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. If you give away the rooms early at a low price, then you leave some profitability on the table. He has more than 20 years of hospitality industry experience, specializing in hotel operations, training and development, project management, customer experience strategy and brand analytics. Having shared goals is extremely efficient. Ashlin Delshad is a Senior Associate, Acquisitions & Development, for MCR. 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. 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. Tyler Morse, Chairman and CEO of MCR Hotels, revealed that his company had acquired about 70 hotels and two software companies during the pandemic when he spoke at the Skift Future of Lodging. Ms. Sheehy holds an MBA in International Management from Boston University and a BS from Suffolk University. He previously served as Area General Manager for MCR, overseeing hotels in Connecticut and New York. Collectively, Larry has over 25 years of experience leading global talent acquisition functions for companies including PepsiCo, Highland Capital, HBK Investments and Perot Systems. From 2006 to 2011, Mr. Shattan was a Senior Manager at Starwood Hotels & Resorts, where he worked in the firms Real Estate Group. Courtney Brewer is a Regional Vice President, Sales, for MCR. In this role, she uses her editorial and copywriting background to create content for MCRs independent hotels, including the TWA Hotel and The High Line Hotel. Ms. Zanzinger received a BA in Journalism and Communications from Rutgers University. Tyler Morse: I grew up in L.A. and went to college at UC Berkeley. Furthermore, these positions are not intended to predict or guarantee the future performance of any currencies or markets. Senior Director, New York Execution. Prior to joining MCR, Mr. Youssef was a VP of Finance at Highgate Hotels, where he was responsible for the northeast region of the United States, Miami and Key West. Previously, her career included Area Director of Sales roles for The Briad Group, as well as sales positions with Buffalo Lodging Associates, Lodgeworks Corp. and Waterford Hotel Group. Previously, Ms. Zanzinger served in senior-level roles atReal Simple,GlamourandWomans Day, specializing in lifestyle content. With $4 billion of assets under management,. 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 . Ms. McCoy received a BS in Business Administration from Bowling Green State University. It has been thrilling to see our annual Halloween dog costume parade grow from a quirky neighborhood tradition to an event attended by hundreds of people and their pets. Gretchen Vitamvas is the Production Director of MCR. Ms. Mote also served in the US Army. Mr. Morse graduated from the University of California, Berkeley, and Harvard Business School. Shannon Regenscheid is Director of Investor Relations for MCR. Marge Bajzek RM: I hope our daughters pursue their own passions, whatever those may be just like my parents encouraged me to do. Its about bringing the team together and getting everybody to work collaboratively towards progress. In this role, he is responsible for assisting with the companys capital markets and financing activities. Ms. Reinsch manages a broad range of legal matters relating primarily to MCRs hotel management and operations business, including employment issues, commercial contracting, dispute resolution, litigation management and regulatory matters. Regional Vice President, Sales. Any reference to tax matters is not intended to be used, and may not be used, for purposes of avoiding penalties under the U.S. Internal Revenue Code, or other applicable tax regimes, or for promotion, marketing or recommendation to third parties. I share Tyler's vision of MCR as a place of integrity, respect, innovation and excellence. Previously, Mr. Shinn was a Dual General Manager, Area General Manager and Regional Vice President with Island Hospitality. Trey Tschoepe is Chief Administrative Officer of MCR. Pete Foster BBH: How would you describe your investment approach? In this role, he is responsible for driving revenue, profitability, guest satisfaction and associate development for MCRs New York hotels. When MCR began developing independent hotels, I saw the chance to apply those skills. Prior to joining MCR, he was Director of Food and Beverage for the Georgia Theatre Company and its subsidiary Mellow Mushroom restaurant operations. ), and the University of Missouri (B.J. He provided excellent leadership in coordinating . A graduate of Washington University School of Law (J.D. Christene Main The distribution landscape continues to change. We have an annual general manager conference, and we are up to 500 people attending it now. He joined MCR in August of 2022 to lead fundraising efforts across the firms new and existing investment vehicles. She is responsible for overseeing the compliance and reporting of MCRs fund investments, while also assisting with the companys finance and investor relations activities. MCR, billed as the fourth largest hotel owner-operator nationwide, has a $5 billion portfolio spanning 149 independent and branded hotels with more than 21,000 rooms across 37 states and 102. Additionally, Ms. Corrigan has held positions with Hilton Worldwide as Director of Brand Support for Embassy Suites and Homewood Suites as Director of Sales and General Manager. REPORT FROM NEW YORKTyler Morse, CEO and managing partner of MCR Development, is a big believer in taking a micro investment approach to his business. Associate, Development Operations. Previously, she spent 11 years with Wyndham. Brewer served as the Dual Director of Sales for two unique Marriott properties in San Antonio, Texas. He received a Masters certificate in Hospitality Management from Cornell University. In this role, he oversees the technology and digital presence of MCR and its hotels across the country, including the 60-room The High Line Hotel in Manhattans Chelsea neighborhood and the 512-room TWA Hotel at New Yorks John F. Kennedy International Airport. Prior to joining MCR, Mr. Shinn was a Regional Director of Operations with Prism Hotels & Resorts. Mr. Timms received a BS in Accounting from LeTourneau University. Mr. Mituzas has 35 years of human resources, labor relations and hotel operations experience. Did you create a fund? Quinn Mann Montano is responsible for assisting with the companys development and capital projects, value-add real estate strategies, business plan execution and special situations. Previously she worked for Princess Cruises where she was brought in to help redesign the HR support model for over 60,000 ship and shore-based employees. He lives in Arlington, Texas. Prior to joining MCR in 2015, Mr. McCabe held operations roles with several of Marriott Internationals full service properties, including the Maui Marriott Resort, Tampa Westshore and Tampa Airport Marriott. Mr. Shinn has 10 years of restaurant experience, including fine dining, gourmet delicatessen and Starbucks. Mr. Farquhar is a CFA charter holder. Senior Manager of Online Imagery. Mr. Morse serves on the Board of Directors of NYC & Company, the convention and visitor arm of New York City. Mr. Cassidy is the First Vice President for the Food and Beverage Association of America and the First Vice President for Les Amis dEscoffier Society Foundation. 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. Regional Vice President, Sales. BBH: How much of MCR operations is centralized versus decentralized? In this role, he oversees operations of half of MCRs hotels across the country. We purposely dont distribute out the IT role to individual hotels; we keep that at corporate, and we do the same thing with marketing. Prior to joining MCR, Mr. Regits worked for Hilton, Marriott and IHG. Previously, Mr. Kim spent more than 12 years at Pillar Income Asset Management, a commercial real estate investment firm with more than $3 billion of assets under management, most recently serving as Vice President & Treasurer overseeing its treasury functions, including three publicly traded entities. Prior to joining MCR, Mr.Messinas career included a decade with Loews Hotels & Co., where he most recently served as the Senior Director of eCommerce & Performance Marketing. Wed find a good investment, call up some friends and family and capitalize the equity and then get a bank loan. 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. Ms. Corrigan is a hospitality professional with more than 20 years of experience in roles including sales, training, revenue management and general management for full service and extended stay hotels. Prior to joining MCR, Mr. Sparacino served as Director of Sales and Marketing for Marriotts W Union Square and W New York hotels. It was palpable. Regional Vice President, Sales. Today, we own about 100 and have sold 30 along the way. There are about 58,000 hotels, just in the United States. Employee Benefit Funds. MCR Hotels Careers and Employment | Indeed.com MCR Development CEO, Tyler Morse Honored at Air & Space Gala Mr. Montano is a graduate of Northeastern University and received his Masters in Real Estate Development from Columbia University. RM: I share Tylers vision of MCR as a place of integrity, respect, innovation and excellence. Ms. Ker received a BS in Economics from Villanova University. Ms. Morse received a BA from Harvard College and a JD from Georgetown University. In this role, she is responsible for overseeing the day to day operations of several Hilton and Marriott branded hotels in Texas. She received her BA in Hospitality Management from the University of Maryland. How Tyler Morse Went From Ski Instructor to Constructing JFK's Hotel Mr. Farquhar is responsible for investor reporting of MCRs fund investments and assists with finance and investor relations efforts.