Leisure & Hospitality International - Fall 2013 - 58

Port folio Hotels & Resorts

www.p ortfol i ohote l s.com H ea d q u arters: W es t m o n t , Ill. Grah am H e rs h man,
CO O : “We are responsible for ever ything on a day-to -day basis and we
encourage ongoing input and discussion from our ownership groups.”

Portfolio Gains

Portfolio expands its reach with new projects in the
United States and beyond. BY JAMIE MORGAN

vAs a company, Portfolio Hotels & Resorts has been around for only eight years.
But don’t let that number fool you, because
this is a company with more than two
decades of experience in the hospitality industry. Its founders – President Helmut Horn
and COO Graham Hershman – have experience in managing luxury, franchise and boutique hotel brands around the globe,
including in North America, the Caribbean,
Europe, Asia and the Middle East.
Since 2005, the two founders – along with
a 12-person corporate management team –
have grown Portfolio Hotels & Resorts to
manage a dozen hotels with more contracts
in negotiation. Portfolio Hotels & Resorts
specializes in managing unique, boutiquestyle hotels, destination resorts and significant branded hotels in major domestic and
destination markets. In addition to hotel
management, it also provides hotel operations, marketing and revenue management
consulting to owners and investors.
“We are at 12 [hotels] now and have a
number of deals in the final stages of negotiation now,” Hershman says. “We took over
management of three hotels in December
2012 and we added another in August of this
year. We’re hoping to add another three or
four before the end of the year.”
Hershman says the strong increase in current business comes after a gradual decline
due to the slow down of the economy in past
years. But with the economy making a gradual comeback, Portfolio Hotels & Resorts has
been actively growing once again in size,
with hotels of all types. The company manages seven California hotels in addition to
hotels in Chicago, Michigan, Ohio, South Carolina and Colorado. Portfolio Hotels & Re-

Portfolio Hotels & Resorts is preparing itself for future growth with new and existing hotel clients.

58

L e i s u r e a n d H o s p i t a l i t y I n t e r n a t i o n a l | w w w. l h i m a g a z i n e . c o m Fall 2013

sorts does not have direct ownership of any


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Table of Contents for the Digital Edition of Leisure & Hospitality International - Fall 2013

Contents
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Leisure & Hospitality International - Fall 2013 - Cover3
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