Michael Downs

Michael Downs Email and Phone Number

Chief Operating Officer at DTP Companies - Hospitality, Real Estate Development and Gaming Executive @ DTP Companies
Michael Downs's Location
Las Vegas Metropolitan Area, United States, United States
Michael Downs's Contact Details

Michael Downs personal email

n/a

Michael Downs phone numbers

About Michael Downs

Organizational leader, change-maker, and culture builder with a rich history of producing outstanding profit gains and stellar returns in various business environments (start-up, change, revitalization, reorganization, corporate) and verticals (real estate development, hospitality, food & beverage). Champion of new business concepts, strategic opportunities, and performance improvement initiatives designed to positively impact stakeholders value. Specializing in repositioning outdated assets through a combination ground up development and reprograming. Most recently, transformed a forgotten neighborhood in Downtown Las Vegas into a thriving destination for both tourists and locals. Dynamic management style leading teams of up to 3,000 employees and driving revenues in excess of $1B.Real EstateDevelopment Operations Asset Management Relationship ManagementHospitality Retail Strategy Development & Execution Food & Beverage Project Management Executive Level LeadershipTeam & Culture Building Business Development Strategic Relationship Building Entrepreneurial Advocate ExecutorP & L Management Talent Retention MentoringCapital Raising Liaison to City Officials Rebranding Casino Five Star Standards Restructuring

Michael Downs's Current Company Details
DTP Companies

Dtp Companies

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Chief Operating Officer at DTP Companies - Hospitality, Real Estate Development and Gaming Executive
Michael Downs Work Experience Details
  • Dtp Companies
    Chief Operating Officer
    Dtp Companies Jul 2021 - Present
    Las Vegas, Nevada, Us
    OPERATIONS & DEVELOPMENT:Hand-picked by founder Tony Hsieh, to oversee the operations of the ambitious $350M Downtown Project covering 45 acres.Built and grew the DTP portfolio which includes over 200 entities, 300,000 sq feet of commercial space, 160,000 sq feet of retail space, two destination hotels ranked #35 and #55 on TripAdvisor, 520 residential units, two community focused outdoor retail and event venues, eight destination F&B and nightlife locations, three special event venues, and eight parking lots.Development and execution of various investment initiatives which aligns with the mission, goals, and objectives of DTP. Investments include reprogramming/remodeling properties, as well as business acquisitions and ground up development.Assisted in the deployment of $350M investment portfolio, allocated to various properties, products, and businesses across DTLV while considering economic, legal, and scheduling infrastructure.RELATIONSHIP MANAGEMENT:Forge and maintain key relationships with external and internal stakeholders built on integrity, open communication, trust, reliability, ability to reason, and an extensive record of delivering on expectations.Development of relationships both internally and externally with employees, clients, vendors, financers, and investors.Active in neighborhood outreach and supporter of new businesses with the goal of growing the local market and creating a destination.TEAM & CULTURE BUILDING:Charged with building a company structure focused on leadership, culture, execution and strategy development.Played leading role to create the company culture through defining “Vision, Mission & Values”.Successfully rebranded Downtown Project to DTP Companies as the company moved past the start-up stage.Championed training, mentoring, and employee development.
  • Dtp Companies
    Executive Vice President Of Operations
    Dtp Companies Dec 2012 - Jul 2021
    Las Vegas, Nevada, Us
  • Bellagio
    Vp Of Operations
    Bellagio Jan 2007 - Dec 2012
    Las Vegas, Nv, Us
    Directly responsible for developing strategies and executing initiatives to continually improve employee and customer loyalty, increase revenue, maximize profitability, and grow market share.Organized the creation and implementation of all guest service enhancement programs and standards for the Hotel Division, including all Forbes Five Star and AAA Five Diamond standards.Oversaw inventory of 3,933 rooms and suites, which heavily contributed to over $1B in annual property revenue.Directed executive operations for hospitality departments, including VIP Services, Front Desk, Bell Desk,Housekeeping, EVS, PBX, Room Reservations, Pool, Retail, Revenue Management, Spa, Salon, Uniform Room, Box Office, Minibar Operations, and Guest Transportation. Achieved highest profitability of all MGM Resorts properties for Hotel RevPAR, the ‘O’ show, Spa, Salon, Pool, and Minibar Operations.Responsible for the completion of over $100M in capital projects, including guestroom renovations, suiterefurbishments, executive suite lounge, and private pool area.Executed initiatives that decreased operating costs by over $15M through staff reductions and operating expense cutbacks, enhancing EBITDA.
  • Tropicana Las Vegas
    Senior Vice President Operations
    Tropicana Las Vegas Jul 1997 - Jan 2007
    Las Vegas, Nevada, Us
    Held senior management positions throughout a dynamic tenure culminating with appointment to Senior Vice President of Hotel & Casino Operations, responsible for day-to-day operations of sales & marketing, table games, slot operations, entertainment, engineering, retail operations, and special events for a property with 1,874 rooms and 100,000 square feet of convention space.Increased property EBITDA from $9.8M in 1998 to $38.9M in 2005. A key contributor on executive team that repositioned the property and significantly improved property performance by growing market share.Member of four person Aztar Corporation team that designed a new Hotel & Casino. Worked closely with project designers/architects and restaurant, entertainment, and retail consultants.Improved hotel margins from 51.3% to 68.2% during tenure. Revamped entertainment strategy resulting in a 100% profit increase over three years and one million-plus attendance

Michael Downs Skills

Hospitality Management Hotels Resorts Yield Management New Business Development Food And Beverage Sales Strategic Planning Operations Management Marketing Critical Thinking Entrepreneurship Business Analysis Entrepreneurship Development Start Up Ventures Casino Gaming Special Events Interior Design

Michael Downs Education Details

  • University Of Nevada-Las Vegas
    University Of Nevada-Las Vegas
    Master Of Business Administration (Mba)
  • University Of Nevada-Las Vegas
    University Of Nevada-Las Vegas
    And Restaurant Management

Frequently Asked Questions about Michael Downs

What company does Michael Downs work for?

Michael Downs works for Dtp Companies

What is Michael Downs's role at the current company?

Michael Downs's current role is Chief Operating Officer at DTP Companies - Hospitality, Real Estate Development and Gaming Executive.

What is Michael Downs's email address?

Michael Downs's email address is mi****@****ect.com

What is Michael Downs's direct phone number?

Michael Downs's direct phone number is +181835*****

What schools did Michael Downs attend?

Michael Downs attended University Of Nevada-Las Vegas, University Of Nevada-Las Vegas.

What skills is Michael Downs known for?

Michael Downs has skills like Hospitality Management, Hotels, Resorts, Yield Management, New Business Development, Food And Beverage, Sales, Strategic Planning, Operations Management, Marketing, Critical Thinking, Entrepreneurship.

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