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The Difference Creating Value Every Day

Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

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Page 1: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

The Difference Creating Value Every Day

Page 2: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

About WHG

Winegardner & Hammons Hotel Group, LLC (WHG) is a privately held company

based in Cincinnati, Ohio, founded in 1958 by Roy E. Winegardner and John Q.

Hammons

The company is guided by our Mission Statement and maintains a unique goal of

providing consistently superior performance and proven results, both of which have

allowed us to be one of the most successful independent developers, owners and

operators in the nation.

Currently, Winegardner & Hammons Hotel Group, LLC (WHG) manages 20 hotels

throughout the United States with 3 hotels under construction. Within our hotels,

WHG operates 25 signature, award-winning Food & Beverage concepts. The WHG

portfolio includes lifestyle, urban, midtown and suburban full service, select service,

resorts, all-suite, extended-stay, independent and brand affiliated hotels in many

diverse markets throughout the United States.

Page 3: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

WHG Mission Statement

Our mission is to provide, within a positive working

environment, superior hotel management services for

economically viable properties.

To this end, each of us is responsible for providing

maximum customer satisfaction by delivering exceptional

services and quality products.

By meeting and continually striving to exceed our

customers' expectations, we will produce the results

needed to satisfy and attract investors and continue our

individual and corporate growth.

WHG Priorities Customer Satisfaction

Human Resources

Product Quality

Profit

Growth

Page 4: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

WHG and PHG

Winegardner & Hammons Hotel Group, LLC (WHG) is an affiliate of the Pyramid

Hotel Group (PHG).

• PHG is a privately-owned , Boston based hotel and resort management company

• 71 properties, 22,000 rooms

• The third largest independent hotel management company in the U.S.

• Hotels in 42 Metropolitan areas across 23 states and 4 countries

• Many Institutional Capital Partners including GE Capital, Goldman Sachs, Prudential,

Morgan Stanley, and Rockbridge

• Hotels and resorts represent the leading hotel brands and Independent hotels

Creates value to owners

• Leverage substantial operational and overhead cost savings with purchasing programs

• Negotiating leverage with major regional and national health and property insurance providers

• Talent acquisition, training, and career development

• Access to capital including WHG’s long-term Capital Partner Western & Southern

Financial Group

Page 5: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Industry Leader The Difference is Clear

Offering exceptional services, quality products

and gracious hospitality are the cornerstones for

WHG. We continually strive to exceed our

customers' expectations. We truly believe that

“when you take care of your customers, they

take care of you.“

Our business is creating value for our guests,

associates and ultimately, our owners. WHG is a

full service company, providing centralized

accounting, national sales, business development,

revenue management and e-commerce, talent

acquisition and development as well as

comprehensive maintenance, energy,

telecommunications and life safety, all of which

sets WHG apart from the rest.

Bottom line: we execute a sound business plan

for each hotel which creates value every day for

our owners.

Page 6: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

The Difference: Operational Excellence

Operational Excellence

• Our Mission Statement sets the expectations in terms of service delivery, and a disciplined

labor management tool enables us to manage our operations efficiently and effectively.

• WHG’s Proprietary METS program maintains a quality product for our guests, extends

asset life and provides Life Safety training, energy management and sustainability.

WHG provides safe, clean, well maintained hotels with friendly, knowledgeable,

problem solving associates.

Page 7: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

The Difference: Food & Beverage,

Sales & Marketing, e-commerce Food & Beverage

• Vice President of Food & Beverage provides food, beverage and catering support to hotels

• Conceptual direction and menu engineering

• Sales and marketing support and special event planning

• Operational service standards

Sales and Marketing

• Unique commissioned salesforce led by the General Manager as the Director of Sales,

creating accountability with a strong focus on results and market share growth

• Innovative Business Development provides competitive intelligence and highly qualified

business leads and resources

• Regional Sales Performance support including key customer contract acquisition

eCommerce

• Ensures leadership and best practices in website content, search, mobile, and digital

marketing, (search engine optimization - SEO, search engine marketing – SEM)

• Maximize online distribution channels

• Social Media plan development and management

Page 8: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

The Difference: Revenue Management,

Human Resources, Finance Revenue Management

• Consolidated Revenue Management team provides consistent, unbiased oversight of hotel

pricing strategy, inventory management and restrictions to maximize revenues and profits

• WHG provides a proprietary tool to deliver real-time data to maximize results

Human Resources

• WHG has a proprietary selection tool developed by the Gallup Organization to select the best

talent (General Managers, supervisors, sales and hotel associates)

• Provide direction in the area of compensation, benefits, training, and development

• Promote accelerated growth opportunities for all associates

• WHG, along with the Gallup Organization completes an annual associate opinion survey at each

hotel with management follow up

Finance Services

• Interprets and consolidates financial information with a staff of CPAs, and strong internal

controls

• Centralized accounting services and uniform procedures improves cash flow and timely

reporting for owners

• Associate’s compensation, insurance benefits and retirement options regularly monitored to

ensure each hotel provides competitive benefit packages

• Financial planning, risk management and property tax evaluation

Page 9: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

The Difference: Construction and

Product Management Winegardner & Hammons Hotel Group, LLC has focused its growth in hotel

development with economically viable urban lifestyle, full-service and select-service

hotels which delivers an appropriate return on investment. WHG’s in-house

construction team is adept at handling projects of all types including new

construction, adaptive re-use, renovations and product improvement plans (PIPS).

Page 10: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Lifestyle Hotels

Page 11: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Location:

Downtown Cincinnati historic building built in 1926,

redeveloped to hotel in 2011

• Adjacent to Procter & Gamble Global HQ

• 134 suites

• 5,000 square feet of event space

• Top of the Park rooftop terrace

• The Phelps Bar

• Outdoor courtyard with fire pit

• Veranda

Awards

• Ranked #1 on TripAdvisor

• 2015 Certificate of Excellence TripAdvisor

• Top 5% of the brand since opening

• Winner Best Cincinnati Bar/Dining with a View

Page 12: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management
Page 13: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Location:

North Indianapolis in the Carmel Arts

and Design District

• 263 Rooms

• 15,000 sq. ft. of meeting space

• Grille 39 Restaurant

• Day/Night Bar

• Great Room

Awards

• Renaissance Opening of the Year

• Hotel of the Year

• #1 hotel in the Renaissance Brand

for Event Satisfaction

• Top 10% in the Renaissance Brand

for overall guest satisfaction

Page 14: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management
Page 15: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Austin Round Rock

Opening Winter 2016

Location:

North Austin in Round Rock’s

La Fronterra e-commerce business park.

• Dell Worldwide Headquarters

• Total Rooms:138

• Meeting Space: 1,500 sq. ft.

Page 16: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Opening: 2017

Location:

Downtown Cincinnati in the Lytle Park.

Historic building built in 1909, currently being

redeveloped as a Marriott Autograph

Collection hotel

• Total Rooms:106 rooms

• Meeting Space: 10,800 sq. ft.

• Lobby/Bar

• Day/Night bar

• Restaurant

• Private dining room

• Outdoor dining and patio overlooking

Lytle Park

• Rooftop Terrace: 5,000 sq. ft. overlooking

Downtown Cincinnati

Page 17: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management
Page 18: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

AC Hotel Cincinnati at The Banks

Opening: 2017

Location:

New Build - Downtown Cincinnati at the Banks

• Adjacent to the Great American Ball Park,

Smale Park and overlooking the Ohio

River at the Suspension Bridge

• Total Rooms: 171

• Meeting Space: 900 sq. ft.

plus meeting space at the

Great American Ball Park

• Courtyard overlooking Smale Park

• Rooftop Bar: 3,000 sq. ft. overlooking the

Ohio River and Downtown Cincinnati

Page 19: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

AC Hotel Cincinnati at The Banks

Page 20: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management
Page 21: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Hotels Developed Marriott

Austin, Texas North

Birmingham, Alabama

Chicago, Illinois Northwest

Cincinnati, Ohio Northeast

Cincinnati, Ohio North

Cincinnati,Ohio Airport

Cleveland, Ohio East

Columbus, Ohio Northwest

Dallas/Ft.Worth, Texas Airport

Hartford, Connecticut Airport

Pittsburgh, Pennsylvania North

Renaissance

Indianapolis, Indiana North

Residence Inn

Cincinnati, Ohio Downtown

Courtyard by Marriott

Pittsburgh, Pennsylvania North

AC Hotel by Marriott

Cincinnati, Ohio Downtown – Opening 2017

Autograph Collection by Marriott

Cincinnati, Ohio Downtown – Opening 2017

Embassy Suites

Lexington, Kentucky

Hyatt Place

Austin, Texas North – Opening 2016

Page 22: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Owners and lenders turn to

Winegardner & Hammons Hotel Group LLC

for leadership, stability and proven results.

Clearwater Beach Marriott Suites on Sand Key

Page 23: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Third Party Management Experience

Long Term Relationships

Western & Southern Financial Group 32 years

The Churchill Companies 30 years

Robert P. Warmington Company 29 years

Etkin Johnson Group 26 years

Cedarwood Companies 26 years

Ohio State University 22 years

Bon Development Company 20 years

Holiday Inns, Inc. 20 years

Temple Inland Insurance Corporation 20 years

Ohio University 19 years

Orleans & Company 18 years

Shoemaker Development 18 years

Miller Valentine Group 16 years

Royal Bank of Scotland 4 years

Southern Hospitality Group 3 years

Page 24: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Marriott Partnership Circle Hall of Fame

15 Partnership Circle Awards

10 Overall Guest Satisfaction Awards

10 Hotel and GM of the Year Awards

Residence Inn by Marriott

#1 hotel in the brand (2years)

#13 worldwide in Trip Advisor

Courtyard by Marriott

Top 5% in the brand

More than 60 other hotel awards

Hilton Hotels Top 10% Embassy Total Quality Score (TQS)

Embassy Customer Really Matters (CRM) Award

#1 Ranked Embassy Suites Hotel in the U.S.

Doubletree Pride of Excellence Award

Intercontinental Hotels 10 Torchbearer Awards; top 10% in the System

Gallup Only Hospitality Company with 10 consecutive

Gallup Great Workplace Awards

Market Performance WHG hotels consistently achieve

RevPAR premiums

AWARDS

Page 25: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Contacts

Mike Conway

Chief Executive Officer

513-794-2462

[email protected]

Kent Bruggeman

Chief Financial Officer

513-794-2416

[email protected]

Contact us to see how we can make a difference in your hotel

Terry Dammeyer

Chief Construction & Development Officer

513-794-2410

[email protected]

Brian Perkins

Chief Operations Officer

513-794-2454

[email protected]

Page 26: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

WHG Principals

Terry Dammeyer

Chief Construction and

Development Officer

Mike Conway

Chief Executive Officer

Brian Perkins

Chief Operations Officer

Kent Bruggeman

Chief Financial Officer

Page 27: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management
Page 28: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

Other References continued

Counsel:

Frost Brown & Todd

Mr. P. Reid LeMaster

Great American Tower

301 East Fourth Street

Cincinnati, OH 45202

513-651-6800

Hospitality Consultants:

Hospitality Valuation Services (HVS)

Mr. Steve Rushmore, Founder

Ms. Anne R. Lloyd-Jones Senior Vice President

372 Willis Avenue

Minneola, NY 11501

516-248-8828

Hotel Operations Western – Southern Financial Group

Mr. Thomas Stapleton, SVP. Real Estate Development

421 E. 4th Street

Cincinnati, OH 45202

513-361-7830

Managed Since 1985

Joint Venture Partner Since 1985; 13 hotels,

10 Marriott Hotels, 1 Holiday Inn, 1 Renaissance Hotel, 1

Courtyard by Marriott

Hotel Operations

The Cedarwood Companies

Mr. Anthony Petrarca, President

1765 Merriman Road

Akron, OH 44313

330-836-0721

Managed since 1989

220 Room Marriott Suite Hotel, 152 room

Doubletree Suites

Ohio University Inn and

Conference Center

Mr. Bob Rudy

Ohio University Foundation

121 North 2nd Street

Oakland, MD 21550

301/334-2325

Managed since 1996

143 Room, Full-service, Conference Center

Hotel Owned by Ohio University

Northcrest Corporation

Mr. James J. Phelps, President

3914 IDS Center

Minneapolis, MD 55401

612-337-5500

Managed since 1986

257 Room Full-service Radisson Hotel

RBS Global Banking & Markets

Mr. Steven S. Cho, Managing Director

Real Estate Finance

550 West Jackson Blvd.

Chicago, IL 60661

312-664-5990

Managed since 2010

347-Room Doubletree Suites,

88-Room Residence Inn

References

Hotel Franchisors

Marriott International, Inc.

Mr. Kip Vreeland, Chief Officer, Full Service Franchising

One Marriott Drive

Washington, DC 20058

301-380-1980

Franchisee of Marriott “Full –Service Hotels since 1996

Intercontinental Hotels Group

Joel Eisman, President- The Americas

Three Ravinia Drive

Suite 2900

Atlanta, GA 303046

770-604-5588

Franchisee of Holiday Inn Hotels since 1957

Hilton Hotels Corporation

Mr. Chris Nasseta, President & CEO

9336 Civic Center Drive

Beverly Hills, CA 90210

Franchisee of Hilton Hotels since 1987

Other References

Accountants:

Ernst & Young, LLP

Ms. Brenda J. Fleissner, Partner

1900 Scripps Center

312 Walnot Street

Cincinnati, OH 45202

513-612-1597

Page 29: Creating Value Every Day - Winegardner and Hammonswhhotelgroup.com/.../07/WHG-Development-Brochure.pdf · • 71 properties, 22,000 rooms • The third largest independent hotel management

4243 Hunt Road

Cincinnati, OH 45242

513-891-1066

WHhotelgroup.com