Omni Hotels & Resorts Names Vice President of Acquisitions and Development (United States)
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Omni Hotels & Resorts Names Vice President of Acquisitions and Development (United States)
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Category: North America & West Indies / Carribean islands - United States - Careers
- Appointments
This is a press release selected by our editorial committee and published online for free on 2012-09-25
Industry Veteran Stephen Kallaher Joins Luxury Brand
Omni Hotels & Resorts has appointed industry veteran Stephen Kallaher as vice president of acquisitions and development. In this role, Kallaher will be responsible for identifying and evaluating acquisition, conversion and development opportunities for new Omni Hotels & Resorts properties. He will also oversee market feasibility analyses and assist with delivering the brand's long term expansion goals.
“We welcome Stephen to Omni’s development team,” said Mike Garcia, chief financial officer and senior vice president, acquisitions and development for Omni Hotels & Resorts. “Stephen’s years of industry experience will be invaluable in achieving both our short and long-term expansion goals.”
Kallaher possesses twenty-five years of hotel development, acquisition and asset management experience covering all property types. His considerable experience includes mergers, acquisitions, contract negotiations, site planning, the public permitting process, and construction, as well as strategic planning, market analysis, feasibility studies, financial and investment analysis, debt and equity analysis, operational analysis, yield management analysis and appraisal.
Most recently, Kallaher served as vice president of development for Wyndham Hotel Group where he oversaw the addition of Wyndham Hotel’s upscale and luxury brands for the western region of the United States. Prior to that, he served as senior vice president – lodging development for Marriott International. He has also held leadership positions at Promus Hotels, Coopers & Lybrand and PKF Consulting. Kallaher earned his B.B.A degree from Memphis State University and graduated from the Executive Development Program at the prestigious Aspen Institute.
Omni has embarked on an aggressive acquisition and development campaign over the last six years. In 2006, Omni acquired the luxurious La Mansion and Watermark properties in San Antonio. The very next year, the brand launched its line of signature spas, Mokara. The Omni Fort Worth Hotel, which serves as the city’s convention hotel, opened in 2009; and later that year Omni became the management company for the Bedford Springs Resort in Bedford, PA, as well as the Mount Washington Resort in Bretton Woods, NH (both rebranded as Omni’s). In 2010, Omni rebranded the Watermark as its first Mokara Hotel & Spa, and acquired Amelia Island Plantation in northern Florida. In 2011, the Omni Dallas Hotel, connected to the city’s convention center, opened its doors; and this year it reflagged Hilton Head as an Omni. In the latter part of next year, it will open the doors to the Omni Nashville Hotel, which will be adjacent to the convention center.
About Omni Hotels & Resorts
Omni Hotels & Resorts creates genuine, authentic guest experiences that take guests on “A Total Departure” to 50 distinct luxury hotels and resorts in leading business gateways and leisure destinations across North America. From exceptional golf and spa retreats to dynamic business settings, each Omni showcases the local flavor of the destination while featuring four-diamond services, signature restaurants, Wi-Fi connectivity and unique wellness options. Known for its award-winning, personalized service, Omni leaves a lasting impression with every customer interaction, with a heightened level of recognition and rewards delivered through its Select Guest loyalty program and the company’s “Power of One” associate empowerment program.
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