Molinaro Koger Welcomes David Altobello as VP
AUGUST 8, 2006. Molinaro Koger (MK) announced today that hospitality industry veteran, David Altobello has joined the firm in the position of Vice President.
'David's skills in hospitality industry operations and financial management are exceptional. By putting these remarkable skills to work within the sphere of hotel brokerage and capital deployment we believe David will find tremendous success,' said Robert T. Koger, President of the company, in announcing that Mr. Altobello had joined MK. 'Additionally, David's industry and investor contacts will undoubtedly benefit MK's clients by furthering their investment goals.'
'I am delighted to join MK and put my skills to work on behalf of client interests," said Mr. Altobello. "I believe my background in real estate valuation, contractual agreements, and a continuous dedication to customer satisfaction position me to further enhance MK's service track record."
Mr. Altobello has moved rapidly into brokerage. He already has several transactions in the works, including assignments for such clients as Marriott, Starwood and JER Partners.
Prior to joining MK, Mr. Altobello served as a Financial Director for Marriott International where he managed transaction due diligence, closing, and post-closing components for internal groups and owners. His close partnership with Marriott's internal transaction team ensured all contract provisions were advantageously structured for the company. During his career Mr. Altobello has been instrumental in more than $750 million in real estate transactions.
Mr. Altobello's base of operations is at MK's metro Washington, DC office. David Altobello can be contacted at 1676 International Drive, Suite 575, McLean, VA 22102; 703.760.9600 or daltobello@mkhotels.com.
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 
