David Kasten

David Kasten Email and Phone Number

CFO/COO Hospitality Management; Asset Management; Private Equity @ The Experience Resorts
Fort Lauderdale, FL, US
David Kasten's Location
Fort Lauderdale, Florida, United States, United States
David Kasten's Contact Details
About David Kasten

A highly accomplished, results driven HOSPITALITY EXECUTIVE with broad U.S. and international experience in leadership and finance who is strategic and effective in driving business performance. Fosters strong working relationships with internal and external customers to ensure success. Demonstrates talent for building high performance teams. Assimilates new information in order to drive business performance rapidly. Identifies opportunities for improvement within an enterprise to secure fiscal investments. A forward-thinking leader who facilitates an organization's continued success.Specialties: Chief Financial Officer, CFO, Executive Team, Financial Analysis,Accounting,Revenue Generation,Cash Flow Management,Contingency Planning and Cost Control, Financial Risk Management, Financial Systems, Business Development, Talent Development, Strategic Planning, Owner Relations and Negotiations, Acquisitions, Shared Services, Margin Enhancement, Acquisition Integration, Team Leadership, International Expansion, Team Building, Real Estate

David Kasten's Current Company Details
The Experience Resorts

The Experience Resorts

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CFO/COO Hospitality Management; Asset Management; Private Equity
Fort Lauderdale, FL, US
Employees:
12
David Kasten Work Experience Details
  • The Experience Resorts
    The Experience Resorts
    Fort Lauderdale, Fl, Us
  • The Experience Resorts
    Cfo/Board Member
    The Experience Resorts Apr 2024 - Present
    Orlando, Florida, Us
    The Experience Resorts redefines the idea of a vacation, transforming it into an immersive journey where creativity, culture, and community come together. We specialize in creating all-inclusive, adults-only experiences that go beyond traditional travel. Each event is thoughtfully curated to connect you with your passions, whether it’s music, culture, cuisine, or adventure. Our destinations, nestled in some of the most breathtaking locations across the Caribbean, offer the perfect backdrop for these extraordinary experiences. Supported by world-class amenities from our partners we ensure that every moment is both inspiring and memorable, from the anticipation that builds before you arrive to the lasting impact long after you’ve returned home.
  • Kasten Management And Consulting Inc.
    President
    Kasten Management And Consulting Inc. Nov 2012 - Present
    Support clients on lodging-related strategic and operational finance and operational issues. This support is provided from the development and/or acquisition stages, asset management, pre-opening and operations through exit strategies. Clients include Wright Investment Properties, Fairmont Hotels & Resorts, Pyramid Hotel Group, Ian Schrager Hotels, Cerberus Capital Management L.P. and The Experience Resorts. Currently, Asset Management Consultant for Cerberus Operations and Advisory Company on lodging-related strategic and operational finance and operational issues. This support is provided from acquisition, asset management and exit strategies particularly in European Markets
  • Strategic Solution Partners
    Industry Expert
    Strategic Solution Partners Jul 2022 - Present
    Drexel Hill, Pa, Us
  • Cerberus Capital Management
    Asset Management Consultant
    Cerberus Capital Management Dec 2014 - Sep 2024
    New York, Ny, Us
    Executed operational Asset Management initiatives across a €500m European hotel portfolio in the UK, Belgium and Romania. The portfolio consisted of 19 IHG-branded hotels managed by Interstate Hotels & Resorts, 4 hotels managed under the Qbic brand that was under development by Cerberus and 2 Radisson-branded hotels. Led as a key member of the real estate team to maximize property valuation, optimize asset performance, ensure organizational effectiveness, implement high operational standards and maintain strong operator relations as well as supporting the Business Development team. Several key initiatives delivered as part of the underwriting of the assets include:• Deployed and managed over £50m in capital projects during the hold period of the UK assets under the IHG brand• Permanently eliminated over £20m in operational costs through the elimination of brand-managed operations and the installation of third-party management in light of significant head-winds in cost escalation • Drove RevPAR in key markets through active participation in revenue strategy meetings and strategic deployment of capital• Led successful renegotiations of franchise agreements with IHG and Radisson that provided additional value at exit
  • Coldwell Banker Residential Real Estate
    Realtor Associate
    Coldwell Banker Residential Real Estate Oct 2015 - Mar 2018
    Having served the international hospitality industry for over 30 years as a prominent Chief Financial Officer, David shifted professional gears and now targets the South Florida real estate market. Working with high net-worth real estate clients, David is introducing them to everything the South Florida region has to offer.“With all of the development in the Caribbean, literally a stone’s throw from South Florida, our thriving market has so much to offer domestic and international clients. My in-depth acquisitions and property management experience in the hospitality industry is a natural spring-board migration into bringing superior value to my luxury real estate clients.”
  • Travel Advantage Network
    Chief Financial Officer
    Travel Advantage Network Jan 2014 - Jun 2014
    Millersville, Us
    Travel Advantage Network is a vacation program developed to provide travel to popular destinations. Our clients purchase travel weeks in bulk so they vacation at deeply discounted rates and secure endless opportunities to create lasting vacation memories. Since 1992, we have been helping nearly 80,000 clients travel worry-free throughout the U.S., Mexico and Caribbean.
  • Greater China Hospitality Company Limited
    Chief Executive Officer
    Greater China Hospitality Company Limited Feb 2012 - Oct 2012
    Recruited to drive operational performance and profitability for all hotels within the group in preparation for planned IPO. Currently direct all operations of a 45 unit US$ 500,000,000 revenue business in China. Provide leadership for a 97 person corporate workforce focused on increasing revenue and profitability and driving the goals in the vision. Howard Johnson International entered China in July 1999, and was soon awarded the official license of national hotel management. The company’s aim is to introduce into China the most advanced industry practices in hotel management, integrating fully with local cultures, in properties across mainland China, Hong Kong, Macao and Taiwan. Shanghai Howard Johnson Hotel Management Co., Ltd. operates six brand tiers, each designed and marketed for specific demographic and geographic needs :Plaza Royale – deluxe hotels in a prime locationPlaza – 5 star deluxe hotels in a prime locationBusiness Club Hotel – 5 star hotels for high-end business travelers, in downtown locationsHotel – 4 star contemporary business hotels for value-conscious business travelersResort – 5 star resorts, a paradise for all seasons and occasionsAll Suites – offering home-style living for those who have traveled a long way from homeThe company currently operates 45 hotels in 29 cities in mainland China. Our target is to be a premier and leading international hotel brand in the market, and to operate 100 hotels in near 2-3 years in Greater China, in all the major cities.
  • Interstate Hotels & Resorts
    Chief Financial Officer, Interstate China
    Interstate Hotels & Resorts Oct 2010 - Jan 2012
    Plano, Texas, Us
    CFO for Interstate Hotels & Resorts' start-up organization based in Shanghai, China. Responsible for set-up of financial organization to support Interstate's management of up to 250 hotels by the end of 2013.
  • Independent Hospitality Consultant
    Independent Hospitality Consultant
    Independent Hospitality Consultant Feb 2010 - Oct 2010
    Independent Sr. Financial Executive with broad financial and operational experience in the Hospitality industry in the United States, Europe and Asia.
  • Marriott International, Inc (Lodging Industry)
    Cfo & Regional Vice President Finance
    Marriott International, Inc (Lodging Industry) May 2002 - Feb 2010
    CFO of the Caribbean & Latin America Region for Marriott International. Led financial organization and systems for US$ 800m region with 54 operating units across 27 countries/territories in dual fiduciary capacity: company hotels and mangement company/franchiser. Held responsibility for management and oversight of joint ventures, entity structure, tax compliance, regional international business structure, property based financial systems, shared services, as well as additional lines of business, such as cluster organizations and casinos. Directed company presence in sovereign jurisdictions as strategic business partner to Executive Vice President and regional team. Provided functional and business expertise and stragegic perspective to identify profitable opportunities, anticipate challenges and create competitive breakthrough strategies for the region.
  • Marriott International, Inc (Lodging Industry)
    Regional Vp Finance - Asia Pacific
    Marriott International, Inc (Lodging Industry) Jul 1998 - May 2002
    VP Finance for Asia Pacific
  • Marriott International, Inc (Lodging Industry)
    Area Director Of Finance - Asia Pacific
    Marriott International, Inc (Lodging Industry) May 1997 - Jun 1998
    Area Director of Finance for Southern and Central Asia to include Malaysia, Philippines, Thailand, Vietnam, India, Indonesia, Japan, Korea, Pakistan and Singapore.
  • Marriott International, Inc (Lodging Industry)
    Director Of Finance - Jw Marriott Hotel Hong Kong
    Marriott International, Inc (Lodging Industry) Dec 1992 - May 1997
    Director of Finance for JW Marriott Hotel in Hong Kong
  • Marriott International, Inc (Lodging Industry)
    Director Of Finance - Amsterdam Marriott Hotel
    Marriott International, Inc (Lodging Industry) Aug 1988 - Dec 1992
    Director of Finance at the Amsterdam Marriott Hotel in Holland.
  • Marriott International, Inc (Lodging Industry)
    Director Of Finance - Los Colinas Marriott Hotel
    Marriott International, Inc (Lodging Industry) 1986 - 1988
    Acquisition DOF for a hotel that was previously the Mandalay Four Seasons Hotel in Los Colinas.
  • Marriott International, Inc (Lodging Industry)
    Various
    Marriott International, Inc (Lodging Industry) Jan 1982 - Aug 1986
    Various Assistant Controller and Director of Finance positions with increased responsibility:1982 - 1984: Assistant Controller - Miami Airport Marriott1984 - 1986: Sr Assistant Controller - Marriott's Harbor Beach Resort in Ft. Lauderdale1986: Director of Finance - Houston Marriott Westloop

David Kasten Skills

Strategy Management Financial Analysis Mergers And Acquisitions Hospitality Hotel Management Business Development Hospitality Industry Strategic Planning Hotels Leadership Start Ups Hospitality Management Accounting Resorts Budgets Business Strategy Revenue Analysis Finance Team Building Forecasting Team Leadership Mergers Cash Flow Sales Business Planning Negotiation Entrepreneurship Acquisitions Marketing Operations Management Investments Contract Negotiation Income Statement Coaching Financial Reporting Due Diligence Executive Management Talent Management Acquisition Integration Internal Controls Financial Modeling Managerial Finance Auditing Management Consulting Corporate Finance Analytics Capital Budgeting Strategic Financial Planning Restructuring

David Kasten Education Details

  • Trinity University
    Trinity University
    Finance

Frequently Asked Questions about David Kasten

What company does David Kasten work for?

David Kasten works for The Experience Resorts

What is David Kasten's role at the current company?

David Kasten's current role is CFO/COO Hospitality Management; Asset Management; Private Equity.

What is David Kasten's email address?

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What is David Kasten's direct phone number?

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What schools did David Kasten attend?

David Kasten attended Trinity University.

What are some of David Kasten's interests?

David Kasten has interest in Collecting Antiques, Exercise, Home Improvement, Reading, Tennis Traveling, Gourmet Cooking, Sports, The Arts, Home Decoration, Cooking.

What skills is David Kasten known for?

David Kasten has skills like Strategy, Management, Financial Analysis, Mergers And Acquisitions, Hospitality, Hotel Management, Business Development, Hospitality Industry, Strategic Planning, Hotels, Leadership, Start Ups.

Who are David Kasten's colleagues?

David Kasten's colleagues are Peter Wilhelm.

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