David Pollack Email & Phone Number

Dallas/Fort Worth Area

Start up hotel development company building Value Place extended stay hotels in Texas.President and Partner 2007 to Present Developed 12 Value Place hotels with 1,400 rooms at a cost of $65 million with annual revenues of $15 million. Responsibilities include creating the business plan, P&L, reporting to partners, maintaining relations with the franchisor, investors and management company. Hired and developed employees and a team of consultants to develop, construct, open and operate 12 hotels. Vice President Real Estate and Development and Partner 2005 to 2007 Responsible for identifying markets, site selection, project budgets and timelines, land acquisition, due diligence, entitlement, pre-opening and managing the management company.

Dallas/Fort Worth Area

Owner of Motel 6, Red Roof Inns, Studio 6, Novotel and Sofitel with 1,200 hotels across the U.S. and Canada with $1.3 billion in annual room revenue.Vice President Franchise Development (2002 to 2004)David Pollack sold 17 Motel 6, Red Roof Inns and Studio 6 franchises that generated annual royalty fees of $750,000. • Completed market and feasibility reviews. • Negotiated franchise agreements and conversion budgets. Vice President Real Estate and Development (1988 to 2001) David Pollack was responsible for varied geographic development regions in the U.S.• Developed, acquired or leased 51 company owned Motel 6, Red Roof Inns, and Studio 6 hotels across the U.S. and in Canada for an investment of $150 million. • Acquired hotels individually and in portfolios. • Identified hotels completing feasibility studies, financial analysis and due diligence. • Negotiated hotel purchase agreements, renovation budgets and coordinated closings. • Developed hotels purchasing sites and coordinated due diligence and development activities through receipt of building permits. • Coordinated property closings.• Asset management responsibility for owned hotels, vacant land, restaurants and office buildings. • Disposed of 30 land parcels located in 17 states. • Disposed of 22 hotels. • Evaluated 20 hotel leases and either renegotiated, terminated or completed tax-free exchanges.

Greater Chicago Area

Real estate syndicator with extensive commercial, industrial, multi-family and hotel ownership. The hotel portfolio included 50 upscale and full service hotels across the U.S. David Pollack was responsible for 36 Holiday Inn and Crowne Plaza hotels located in 15 states. • Managed multiple management companies through financial and operations reviews, annual operating budgets, sales and marketing plans, and capital expenditures. • Completed market and property evaluations and valuations to optimize financial return.

Greater Chicago Area

Former big five national public accounting firm.David Pollack provided tax compliance, consultation, and planning in aspects of federal, state and foreign taxation for a variety of domestic and international clients. • Clients included multinational Fortune 500 corporations, owner operated and closely held corporations, partnerships and individuals.

Greater Chicago Area

Developed and supported management of Hyatt’s international hotels.David Pollack was responsible for operating reports, sales and marketing plans and capital expenditures for 28 Hyatt hotels located in 23 foreign countries. • Prepared feasibility studies. • Negotiated varied hotel agreements including management, franchise and technical services. • Managed worldwide risk management program.

Jd, Law

Bs, Hotel & Restaurant Management

Graduated Summa Cum Laude