Peter Nichols

Peter Nichols Email and Phone Number

Experienced VP of Business Development | MIT Commercial Real Estate @ M&R Hotel Management
Peter Nichols's Location
New York, New York, United States, United States
Peter Nichols's Contact Details

Peter Nichols work email

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About Peter Nichols

Highly experienced, accomplished results-driven senior management executive with a rare combination of a Long-View Strategist coupled with a Short-View Tactician who has the powerful understanding and commitment to lead operations, sales, marketing and investment in the hospitality industry with his leadership in restoring or developing a culture for success. As a truly operationally oriented senior executive and business partner, he has optimized both revenues and profits with a business style always focused on driving business performance to achieve ROI objectives. Demonstrated expertise include enhancing Business Development & Licensing, bringing companies to execute innovation and leading as a rainmaker to securing financing, investment and relationships. In addition to working in the commercial real estate industry in the hospitality sector, his skill-sets include Hotel Management, Feasibility Studies, Acquisitions and Asset Management, He is a visionary with the professionalism, dedication and integrity to make a difference. BS from Johnson and Wales University.Core Competencies: Hospitality Investment, Sales Management, Business Development, Marketing, Strategic Development, Revenue Generation, Drive Sales Volume, Develop Financial Underwriting Models, Sales Aides, Marketing Strategies, Branding Initiatives, Spearhead Transactions, Featured Speaker, Manage Development Teams, Acquisition Analysis, Due Diligence, Propose Investment/Deal Structure, Develop Business Plans, Mentor, Consensus Builder, Target Acquisition Opportunities, Relationship Building/Owners/Partners, Opportunity Funds/ Institutional Investors/ Lenders/ Banking Institutions, REIT’s, Individual Investors, Team Builder, Property Analysis, Land Development / Valuation, Hotel Management

Peter Nichols's Current Company Details
M&R Hotel Management

M&R Hotel Management

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Experienced VP of Business Development | MIT Commercial Real Estate
Peter Nichols Work Experience Details
  • M&R Hotel Management
    Vice President Of Business Development
    M&R Hotel Management Jan 2024 - Present
    Great Neck, New York, Us
  • Oth Hotels Resorts
    Chief Development Officer
    Oth Hotels Resorts Jul 2021 - Jan 2024
    Williamsburg, Virginia, Us
  • Oth Hotels Resorts
    Chief Development Officer
    Oth Hotels Resorts Jul 2021 - Dec 2021
    Williamsburg, Virginia, Us
  • Marcus & Millichap, Inc.
    National Director, National Hospitality Group (Nhg) (Direct Reports 25, Indirect 100+)
    Marcus & Millichap, Inc. 2015 - 2020
    Provides real estate brokerage, joint venture brokerage mortgage brokerage, research and advisory services in the US & Canada in commercial property with Sales Volume of $47BDirected and Managed a large team of Hotel Sales Specialists, implementing a national training strategy to create uniformity across all M&M NHG teams for underwriting, OM and Valuations resulting in increased market penetration, higher listing to close ratios and increased overall inventory.Key Achievements:• Increased National Hospitality Group from $17MM to $42MM in annual revenues in less than 4 years.• Secured the first $250MM hospitality listing in the company’s history.• Increased sales volume from $700MM to over $1.5B representing over 750 transactions.• Spearheaded leadership of M&M’s Investment Sales Specialists to generate over $5B in sales volume realizing more than $150MM in gross fees
  • Richfield Hospitality
    Senior Vice President, Business Development (Direct Reports 5, Indirect 4)
    Richfield Hospitality 2013 - 2015
    Greenwood Village, Co, Us
    The company acquires and manages hotel properties including analysis, underwriting and proposed development with sales volume of $100MM.In a senior leadership role worked in concert with current hotel ownership partners, Opportunity Funds, Institutional Investors and LendersKey Achievements:• Managed a development team that included oversight of potential acquisitions. Analysis and underwriting as well as due diligence and proposed investment/deal structure.• Developed financial models, business plans and offering memorandums for over 75 target acquisitions:• Streamlined the underwriting process that provided uniformity for the investment committee. Creating a comprehensive financial model that saved time and resources.• Eliminated 5 assets owned by Richfield that achieved strategic long-term capital goals.
  • Hodges Ward Elliott
    Vice President (Direct Reports 4, Indirect 10)
    Hodges Ward Elliott 2003 - 2013
    Atlanta, Ga, Us
    The premier boutique real estate capital market advisory with specialty in hotels within the hospitality market with sales volume of $5.5B.Charged with actively interfacing with hotel owners, REIT’s, Opportunity Funds, Institutional Investors Banks. • Led a team of agents in listing, marketing and sales that produced over $5.7B in hotel transactions.• Managed consulting services to clients focused on development, valuation, branding and renovation.• Listed and managed the sales campaign, selling the McIntosh portfolio of hotels for $100MM.• Sold the CNL portfolio of hotels for over $435MM.
  • Signature Hotel Group
    Founder & President (Direct Reports 30)
    Signature Hotel Group 1999 - 2003
    Created Signature Hotel group as a vehicle for the acquisition of historic boutique hotelsIdentified specific markets, which presented significant potential for the development of the Signature Brand.Key Achievements:• Secured a $500K piece of business through creative marketing techniques resulting in the successful closing of the property.• Investor cash on cash return at sales were over 145% annualized over 4 years.

Peter Nichols Skills

Hotels Resorts Hospitality Hospitality Industry Revenue Analysis Real Estate Economics Due Diligence Hotel Management Hospitality Management Marketing Strategy Franchising Business Development Real Estate Transactions Market Research Asset Management Mergers And Acquisitions Location Intelligence Disposition Dispositions Brokerage Real Estate Development Hospitality Consulting Contract Negotiation Commercial Real Estate Real Estate Acquisitions Feasibility Studies Real Estate Financing Revenue Forecasting Yield Management Pre Opening Valuation

Peter Nichols Education Details

  • Massachusetts Institute Of Technology
    Massachusetts Institute Of Technology
    Real Estate
  • Johnson & Wales University
    Johnson & Wales University
    Hospitality & Lodging Manage
  • Southern Connecticut State University
    Southern Connecticut State University
    General

Frequently Asked Questions about Peter Nichols

What company does Peter Nichols work for?

Peter Nichols works for M&r Hotel Management

What is Peter Nichols's role at the current company?

Peter Nichols's current role is Experienced VP of Business Development | MIT Commercial Real Estate.

What is Peter Nichols's email address?

Peter Nichols's email address is ck****@****aol.com

What schools did Peter Nichols attend?

Peter Nichols attended Massachusetts Institute Of Technology, Johnson & Wales University, Southern Connecticut State University.

What skills is Peter Nichols known for?

Peter Nichols has skills like Hotels, Resorts, Hospitality, Hospitality Industry, Revenue Analysis, Real Estate Economics, Due Diligence, Hotel Management, Hospitality Management, Marketing Strategy, Franchising, Business Development.

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