Michael Loffredo

Michael Loffredo Email and Phone Number

Portfolio Revenue Manager at InterContinental Hotels & Resorts @ InterContinental Hotels & Resorts
Michael Loffredo's Location
Macomb, Michigan, United States, United States
Michael Loffredo's Contact Details

Michael Loffredo work email

Michael Loffredo personal email

n/a
About Michael Loffredo

Passionate Hospitality Professional | Portfolio Revenue Manager at IHG | Strategic Thinker | Analytical Mind | Relationship Builder | Achiever | Responsible Leader🔹 About Me:With over 20 years in hospitality, I'm a results-driven leader known for my strategic mindset, analytical acumen, and commitment to strong relationships. As a thriving Portfolio Revenue Manager at IHG, I contribute to the global success of this renowned brand.🌐 Experience Highlights:💼 Portfolio Revenue Manager | IHG (Current Role):In my current position, I excel in developing revenue strategies across a diverse portfolio. Leveraging strategic thinking and analytical skills, I drive profitability and market share for IHG properties.💼 Director of Operations & General Manager:Having roles as Director of Operations and General Manager, I lead with a focus on achieving operational excellence. My Achiever strength ensures surpassing goals for overall team and property success.🏨 Franchisee Experience:With hands-on experience on the franchisee side, I've worked with esteemed hotel brands like IHG, Hilton, and Marriott. This exposure equips me with a deep understanding of different brand standards and operational requirements.🌟 Key Expertise:Strategic Vision: Developing long-term plans aligning with organizational goals.Analytical Excellence: Thriving in analyzing complex data for informed decision-making in the fast-paced hospitality industry.Relator: Building and nurturing strong relationships with team members, stakeholders, and guests.Achiever: Setting high standards, driven to exceed expectations.Responsibility: Known for duty, accountability, and ensuring commitments are met.🌍 Versatility in Hospitality Operations:With hands-on involvement in New Hotel Openings, Hotel Renovations, and Hotel Acquisitions, I showcase adaptability and thrive in diverse challenges within the hospitality sector.Let's connect! Passionate about hospitality, I'm open to networking with like-minded professionals for insights and collaboration opportunities.

Michael Loffredo's Current Company Details
InterContinental Hotels & Resorts

Intercontinental Hotels & Resorts

View
Portfolio Revenue Manager at InterContinental Hotels & Resorts
Website:
ihg.co
Employees:
1839
Michael Loffredo Work Experience Details
  • Intercontinental Hotels & Resorts
    Portfolio Revenue Manager
    Intercontinental Hotels & Resorts
  • Elite Hospitality Group
    Regional Director Of Operations
    Elite Hospitality Group Jun 2016 - Jul 2022
    Sylvan Lake, Michigan
    • Spearheaded leadership efforts for a diverse portfolio of 11 hotel properties, managing assets totaling $130 million. Oversaw all operational aspects, including guest experiences, human resources, financial performance, compliance with brand and company standards, and revenue management.• Collaborated with functional leaders to implement new procedures and corrective actions, enhancing guest satisfaction and asset quality. Successfully minimized budgeted expenses, leading to increased Net Operating Income (NOI).• Managed and supervised new acquisition and renovation projects, ensuring seamless execution.• Actively engaged in weekly multi-brand revenue management, participating in calls and strategic meetings to optimize Average Daily Rate (ADR) and Revenue Growth Index (RGI).• Conducted weekly/monthly analyses of hotel STAR reports, ensuring maximum Revenue Growth Index (RGI) and fostering competitive growth.Oversaw projects like renovations, new hotel acquisitions and new hotel prospecting.
  • Olive Vinegar
    Business Owner
    Olive Vinegar Jun 2014 - Nov 2019
    Rochester, Michigan, United States
    • Directed daily business operations, ensuring seamless functionality.• Consulted with customers to assess their needs and recommended optimal solutions.• Trained and motivated employees to proficiently execute daily business functions.• Improved operational efficiency and productivity by overseeing budgets, accounts, and costs.• Reconciled daily sales, returns, and financial reports using QuickBooks.• Stayed abreast of current trends by actively participating in industry trade shows and markets, facilitating informed decisions regarding inventory orders.
  • Bluewater Vacation Rentals
    Director Of Operations
    Bluewater Vacation Rentals Oct 2012 - Jun 2014
    South Haven, Michigan, United States
    • Supervised day-to-day operations for 10 vacation rental properties, aligning activities with business objectives.• Managed procurement, inventory, and warehouse operations to optimize efficiency.• Personally addressed and resolved guest complaints to ensure proper handling and satisfaction.• Evaluated performance, adjusted strategies, and maintained agile, sustainable operations.• Instructed, promoted, and enforced safe work practices among on-site staff.• Orchestrated overall tenant relations, emphasizing tenant satisfaction and streamlining service delivery.• Stayed current with industry trends, identifying opportunities for improvements.• Modernized operational procedures, enhancing productivity and profitability while tightly controlling costs.
  • Hostmark Hospitality Group
    General Manager
    Hostmark Hospitality Group Nov 2010 - Oct 2012
    Schaumburg, Illinois, United States
    • Task Force General Manager overseeing a multi-branded portfolio, predominantly IHG.• Achieved and exceeded budgeted profit expectations while upholding operational and guest service standards.• Managed on-site accounting procedures to ensure financial accuracy.• Spearheaded the hiring and development of employees, aligning with the company's standards of professionalism.• Orchestrated budget implementations, conducted employee reviews, facilitated training, managed schedules, and led contract negotiations.• Implemented effective revenue management strategies, resulting in increased Average Daily Rate (ADR) and Revenue Growth Index (RGI) growth against competitive benchmarks.
  • Driftwood Hospitality Management
    Assistant General Manager
    Driftwood Hospitality Management Dec 2006 - Nov 2009
    Scottsdale, Arizona, United States
    • Successfully managed a 126-room IHG Hotel Indigo with an annual Average Daily Rate (ADR) of $149.• Implemented impactful sales and marketing initiatives, resulting in increased occupancy and profitability.• Conducted bookkeeping activities, including balancing accounts.• Analyzed and responded to STR reports, with a focus on Revenue Growth Index (RGI) growth.• Motivated, trained, and held employees accountable to optimize performance.• Efficiently managed team schedules, considering coverage needs and individual strengths.• Instructed staff on strategies for completing work and executing senior management directives smoothly.

Michael Loffredo Education Details

Frequently Asked Questions about Michael Loffredo

What company does Michael Loffredo work for?

Michael Loffredo works for Intercontinental Hotels & Resorts

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

Michael Loffredo's current role is Portfolio Revenue Manager at InterContinental Hotels & Resorts.

What is Michael Loffredo's email address?

Michael Loffredo's email address is mi****@****ihg.com

What schools did Michael Loffredo attend?

Michael Loffredo attended Le Cordon Bleu College Of Culinary Arts.

Who are Michael Loffredo's colleagues?

Michael Loffredo's colleagues are Elvan Alp, Rosa Nanda, Brian Kung, Erick Vogel, Linh Nguyễn Khánh, Geeti Sharma, Mila Nurramadan.

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