Jake Fischer Joins The Hotel Group as Real Estate Director
JUNE 20, 2007. The Hotel Group (THG), the largest hotel management company in the Pacific Northwest with a portfolio of more than 30 properties, announced that industry veteran Jake Fischer has joined the organization as Real Estate Director. Fischer's principle focus will be to source new acquisitions for THG's Opportunity Fund III and subsequent funds.
Fischer was most recently a Senior Manager in the Development Planning & Feasibility division with Marriott International. Previously he held an Assistant Vice President position with Hotel & Gaming Services at HVS International. Fischer earned his Master of Science degree in Hotel Administration from the University of Nevada, Las Vegas and a Bachelor of Arts degree in Economics from Davidson College in North Carolina.
"Our acquisition strategy is to source full service hotels well below replacement cost with upside potential in operations, transformational renovations and/or lift from upgrading the brand within the first two years of purchase," said Doug Dreher, President, The Hotel Group. "With Jake's expertise ranging from appraising various properties and markets we'll be able to accelerate our rate of growth and act expeditiously when opportunities arise. Though we've purchased eight properties in the last four years, we want to double our acquisition pace in the near term. The addition of Jake to our team will help ensure our success."
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
