Bryan Cordes Email & Phone Number

Real Estate, Dispositions, Debt, Operations, Asset Management, Leasing, etc.

Responsible for the oversight and asset management of Northwood's hotel portfolio. This includes assisting with the acquisition and disposition process.

* Responsible for strategic planning and oversight of 12 owned and 2 joint-venture hotels located in the US, Brazil and Aruba with a combined total of +$600M in revenue and +$200M in profit * Maximized revenue and EBITA through active asset management oversight by way of monthly calls and in-person visits with the hotel General Managers and leadership teams * Collaborated on the execution of acquisition and disposition opportunities for the portfolio of owned hotels which resulted in transactions of greater than $1.5B* Developed 5 year capital expenditure strategic plans focusing on the timing for major renovations, hotel disposition strategy, tax considerations and market timing * Approved and managed capital investment plans totaling $75M for my portfolio of hotels* Responsible for approval and management of major renovations and the development of advanced ROI, NPV and IRR models for projects that created margin expansion such as market and restaurant conversions, new guestroom configurations and energy efficient solutions* Negotiated and executed new and existing lease contacts with restaurant and retail partners* Led as Co-Chair of Hyatt’s Finance Purpose Subcommittee which developed and delivered insights and training presentations to colleagues within the Corporate Finance division

Refer to Regional Vice President, Global Asset Management description

* Responsible for driving the success of new and existing profit initiatives by managing the development, implementation and tracking of profit initiatives* Provided key insight and analysis to senior executives on operating results and profit initiatives* Collaborated on and developed a new internal strategic asset improvement plan (Archer) which developed new strategies to improve sale’s tactics, launched new revenue management initiatives, drove margin expansion, increased productivity and drove customer service in hotels * Executed the strategic plan (Archer) in over 25 hotels over a three year period in Asia, Europe, India and North & South America which resulted in over $30M in profit margin expansion* Collaborated with SVPs of Operations, SVPs of Finance, General Managers and other senior leaders to continue to create, develop and execute best practice initiatives for the company* Responsible for oversight of hotel’s external consultant projects to drive productivity (Carpedia, Kronos), drive expense reductions (SIB) and increase front desk upsells

Refer to Director, Profitability Initiatives description

* Collaborated with Sales, Revenue Management, Labor Relations and the hotel’s leadership teams to drive overall performance at 25 full-service managed hotels in the Northeast region * Performed ad hoc analysis and created key performance indicator data sets to drive profitability* Managed annual process for hotel’s financial budgets and capital expenditure plans

* Led a team of 7 colleagues with direct oversight of the Finance, IT and Purchasing departments* Drove performance of the hotel through active planning, analysis and results-oriented action plans; revenue grew over 9% and profit grew over $1M or 320bps during tenure* Responsible for financial reporting, annual budget, monthly forecast, cash flow, audits, owner presentations and capital expenditures planning and execution

* Assisted management team in achieving forecasted revenue, expense and profit projections in a hotel with over $30M in annual sales* Analyzed and communicated financial reports by utilizing functional knowledge of Oracle (GL, AR & AP) and Hyperion by leveraging ad hoc reports through Essbase and Smart View Excel features* Supervised a team of 6 colleagues in Finance, IT and Purchasing departments

* Converted all hotels in the US to a new shared service model that included implementation of Oracle Financials and the transition of most of the accounting functions (AP, AR, GL, iExpense) to our outsourced business partner in India * Trained hotel management teams on many systems including Oracle, BirchStreet eProcurement, Hyperion, Opera (PMS) and Micros (POS)* Trained employees onsite at over 20 hotels and trained the Finance departments at over 75 hotels at the shared service center in Oklahoma City. Conducted presentations to large audiences (+40 people) on a consistent basis.

B.S.B.A With Concentration In Finance & Economics

Certification In Hotel Real Estate Investments And Asset Management

Education record