Editorial Board   Guest Author

Mr. Shah

Nitin Shah

Chairman & CEO, Embassy National Bank

Nitin Shah has the unique distinction of simultaneously being a successful hotelier and a successful banker. Mr. Shah serves as president of Imperial Investments Group Inc., a Georgia-based hospitality company he founded in 1984 which currently has assets approaching $100 million, including 15 hotels plus a variety of commercial real estate projects. Mr. Shah is also chairman and CEO of Embassy National Bank, an Atlanta-based community bank he helped establish in 2007 which has grown to $70 million in assets and is a leading lender to small businesses in the southeastern United States. In 1999, Mr. Shah demonstrated his ability as an entrepreneur who can translate a good idea into a great bottom line when he collaborated with a colleague to develop the URL “www.hotels.com” into a solid business venture which was eventually sold to the Hotel Reservations Network (HRN). In 1989, he was a founder of and in 1993 has served as chairman of the Asian American Hotel Owners Association (AAHOA), one of the world's most influential and respected hospitality groups which has 10,000 members who together own more than 20,000 hotels with a combined market value of almost $130 billion. Mr. Shah continues to be actively involved in a leadership role with AAHOA, serving for the past four years as co-chair of the Governance and Strategic Planning Committee. Currently, he serves as a member of two prestigious advisory boards - for the College of Business at Georgia College, as well as for Asian Studies at Kennesaw State University. Other civic activities include the Rotary Club of Emory-Druid Hills, where he is president-elect, and the Global Organization of People of Indian Origin (GOPIO), where he is a member of the advisory board. He is also a frequent guest speaker at various hospitality, banking, and cross-cultural management conferences in both the United States and India. Born in Mumbai, Mr. Shah earned his undergraduate degree in mechanical engineering at the University of Bombay and his master's degree in business administration at Georgia College and State University.

Mr. Shah can be contacted at 770-822-9111 or nitinshah@embassynationalbank.com

Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.