NEWH - Winter 2019 - 4

GUEST PERSPECTIVE

We're in This Together
LARRY BROUGHTON
Founder & CEO, broughtonHOTELS

I

Larry Broughton

f you've been in hospitality development and management for more than a few minutes,
you've likely seen the good, bad, and ugly among those who touch a development,
design, or renovation project. When it's time to meld form and function, we assemble topnotch teams of high-achieving architects, designers, operators, and suppliers to successfully
bring a project to fruition by offering expertise and value to a very complicated process.
Too often, however, hospitality owners and developers postpone bringing on one or more of
the key trades only to find out later that the shortcut meant to save a few bucks on the front
end has cost the project millions in overruns, change orders, or operational inefficiencies that
can drown a deal. Most of us have seen or heard of firms working on development, design or
renovation projects who have never asked for, nor been given, a budget to guide them.
Collectively, our goal should be to increase the value of every asset we touch, yet we've all
seen individuals placing their ego, pride, and agenda in front of the economic viability of the
project in order to boast their firm's profile at the expense of everyone else.
I understand the concept of leveraging the success and sexiness of one project to get future
projects. It's part of everyone's growth strategy. But we should remember that it's a rather
small, incestuous industry. We've all heard the juicy backstories of those nightmare projects.
Why not join forces with fellow project professionals to ensure success for everyone?
There's a mantra that goes, "individuals play the game, but teams beat the odds." There are
countless forces outside our control in the development and design space that can derail a
project. Why aren't more folks speaking the reality of time, budgets, and risk assessment into
their conversations with owners and developers? Perhaps it's the fear of losing the gig.
Here are five tips to minimize conflict among professional firms to build a rockstar team
ready to tackle any project.
Listen to the perspective and experience of other professionals on the team. Needing
to be right and in control will often discourage progress toward our goals rather than
propel the team forward.

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Define and work within stated timelines and budget goals. The adage, "time is money"
is especially true in development and renovation work-prove value by mitigating risk
against missed deadlines and budgets.
Admit mistakes and make corrections quickly and professionally. Mistakes are common
in business-it's confronting them head-on with a can-do spirit that's rare.
Publicly praise the good work of fellow team members. It's easy to identify the mistakes
of others, but to build bridges, don't neglect the praise by catching fellow professionals
and trades doing something right.
Set an example. If you expect team members to follow through with clients and the
team, set a positive example by fulfilling your own promises.

Treat team members like they make a difference, and they will.
Larry Broughton is the award-winning founder and CEO of Anaheim, California-based
broughtonHOTELS, a leading operator in the boutique hotel industry. With 30+ years in
the industry, his current portfolio of a dozen hotels include the iconic Sportsmen's Lodge
Hotel in Studio City, California; Spanish Garden Inn in Santa Barbara, California; Ivy
Boutique Hotel & Suites in Chicago, and the recently opened Park James Hotel and Oak +
Violet restaurant in Menlo Park, California. ❙❘❚
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NEWH - Winter 2019

Table of Contents for the Digital Edition of NEWH - Winter 2019

NEWH - Winter 2019
Table of Contents
GUEST PERSPECTIVE
WHO’S WHO
NEWS
CONFERENCE ROUNDUP
HAVE YOU SEEN?
SCHOLARSHIPS
INTERVIEW
SUSTAINABILITY
BrandED
Q&A: Dallas Bentley
Q&A: Valentina Castellon
Q&A: Monica Meade
ON THE COVER
PROJECT: Canvas Hotel
PROJECT: Greenwood
PROJECT: Civana Spa
CHAPTER HIGHLIGHTS
SAVE THE DATE
NEW MEMBERS
PARTNER PROFILES
AD INDEX
NEWH - Winter 2019 - NEWH - Winter 2019
NEWH - Winter 2019 - Cover2
NEWH - Winter 2019 - Table of Contents
NEWH - Winter 2019 - GUEST PERSPECTIVE
NEWH - Winter 2019 - 5
NEWH - Winter 2019 - WHO’S WHO
NEWH - Winter 2019 - 7
NEWH - Winter 2019 - 8
NEWH - Winter 2019 - 9
NEWH - Winter 2019 - 10
NEWH - Winter 2019 - 11
NEWH - Winter 2019 - 12
NEWH - Winter 2019 - 13
NEWH - Winter 2019 - 14
NEWH - Winter 2019 - 15
NEWH - Winter 2019 - 16
NEWH - Winter 2019 - 17
NEWH - Winter 2019 - NEWS
NEWH - Winter 2019 - 19
NEWH - Winter 2019 - CONFERENCE ROUNDUP
NEWH - Winter 2019 - 21
NEWH - Winter 2019 - 22
NEWH - Winter 2019 - 23
NEWH - Winter 2019 - 24
NEWH - Winter 2019 - 25
NEWH - Winter 2019 - 26
NEWH - Winter 2019 - 27
NEWH - Winter 2019 - HAVE YOU SEEN?
NEWH - Winter 2019 - 29
NEWH - Winter 2019 - 30
NEWH - Winter 2019 - 31
NEWH - Winter 2019 - 32
NEWH - Winter 2019 - 33
NEWH - Winter 2019 - 34
NEWH - Winter 2019 - 35
NEWH - Winter 2019 - SCHOLARSHIPS
NEWH - Winter 2019 - 37
NEWH - Winter 2019 - 38
NEWH - Winter 2019 - 39
NEWH - Winter 2019 - INTERVIEW
NEWH - Winter 2019 - 41
NEWH - Winter 2019 - 42
NEWH - Winter 2019 - 43
NEWH - Winter 2019 - SUSTAINABILITY
NEWH - Winter 2019 - 45
NEWH - Winter 2019 - BrandED
NEWH - Winter 2019 - 47
NEWH - Winter 2019 - 48
NEWH - Winter 2019 - 49
NEWH - Winter 2019 - Q&A: Dallas Bentley
NEWH - Winter 2019 - 51
NEWH - Winter 2019 - Q&A: Valentina Castellon
NEWH - Winter 2019 - Q&A: Monica Meade
NEWH - Winter 2019 - 54
NEWH - Winter 2019 - 55
NEWH - Winter 2019 - ON THE COVER
NEWH - Winter 2019 - 57
NEWH - Winter 2019 - 58
NEWH - Winter 2019 - 59
NEWH - Winter 2019 - PROJECT: Canvas Hotel
NEWH - Winter 2019 - 61
NEWH - Winter 2019 - 62
NEWH - Winter 2019 - 63
NEWH - Winter 2019 - 64
NEWH - Winter 2019 - 65
NEWH - Winter 2019 - PROJECT: Greenwood
NEWH - Winter 2019 - 67
NEWH - Winter 2019 - 68
NEWH - Winter 2019 - 69
NEWH - Winter 2019 - 70
NEWH - Winter 2019 - 71
NEWH - Winter 2019 - PROJECT: Civana Spa
NEWH - Winter 2019 - 73
NEWH - Winter 2019 - 74
NEWH - Winter 2019 - 75
NEWH - Winter 2019 - 76
NEWH - Winter 2019 - 77
NEWH - Winter 2019 - 78
NEWH - Winter 2019 - 79
NEWH - Winter 2019 - CHAPTER HIGHLIGHTS
NEWH - Winter 2019 - 81
NEWH - Winter 2019 - 82
NEWH - Winter 2019 - 83
NEWH - Winter 2019 - 84
NEWH - Winter 2019 - 85
NEWH - Winter 2019 - 86
NEWH - Winter 2019 - 87
NEWH - Winter 2019 - 88
NEWH - Winter 2019 - 89
NEWH - Winter 2019 - 90
NEWH - Winter 2019 - 91
NEWH - Winter 2019 - SAVE THE DATE
NEWH - Winter 2019 - 93
NEWH - Winter 2019 - NEW MEMBERS
NEWH - Winter 2019 - 95
NEWH - Winter 2019 - 96
NEWH - Winter 2019 - 97
NEWH - Winter 2019 - 98
NEWH - Winter 2019 - 99
NEWH - Winter 2019 - 100
NEWH - Winter 2019 - 101
NEWH - Winter 2019 - 102
NEWH - Winter 2019 - 103
NEWH - Winter 2019 - PARTNER PROFILES
NEWH - Winter 2019 - 105
NEWH - Winter 2019 - AD INDEX
NEWH - Winter 2019 - Cover3
NEWH - Winter 2019 - Cover4
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