Mehul Patel Email & Phone Number

Mehul Patel came to the United States in 1990 and settled with his family in Garland, Texas. He chose a future in business before graduating from high school, when he and Chirag partnered to buy their first company, a small bulk mailing business. The two increased the company's sales fourfold in one year, then agreed to pursue a new venture. They sold the mailing business and, with Mehul’s brother Sanjay, bought an independent motel in Dallas. It would be the first of many for the aspiring hoteliers, but their foray into hospitality was not without setbacks. A fire at their third property threatened to stop their momentum, but the team persevered.Mehul continued to build his reputation as a hotel developer, and before long, Newcrest Management was born. He was the strategic mind behind the plan that eventually launched their company into a position of industry leadership — catering to “staycation” travelers by developing limited-service hotels along interstate highways and in college towns.Mehul met one of the greatest challenges of his career when the economy plunged into a recession in 2008. The company was committed to an ambitious development plan that included 30 new hotels. But with forecasts growing worse by the day, Mehul mobilized his team and some key partners to adapt. The outcome was a bold decision to recapitalize by selling 20 hotels in a single portfolio jointly owned by Newcrest Management and their partners at Image Hospitality. The sale prompted discussions of the future of the partnership, and in 2012, the companies merged to form NewcrestImage.From 2013 to 2014, Mehul served as the youngest chairperson of the Asian American Hotel Owners Association (AAHOA). He is often invited to share his story and expertise with industry peers at both public and private engagements. He is a 2015 Ernst & Young Entrepreneur of the Year finalist and received his undergraduate degree in computer information systems from the University of Texas at Arlington.

Listed skills include Hospitality, Hospitality Industry, Budgets, Hotel Management, and 18 others.