RobertDouglas Promotes Lindsey Whang to Firm Director

USA, Los Angeles, California. August 20, 2019

RobertDouglas, one of the country's leading lodging investment banking firms, has promoted Lindsey Whang to the role of Director. The announcement was made by Stephen O'Connor, Partner and Managing Director of RobertDouglas. Based in the firm's Los Angles office, Ms. Whang has been an integral part of the firm's continued consistent growth as a successful and highly respected advisor to private and institutional clients in the hospitality space.

"Lindsey is a rising star within our firm," said O'Connor. "It is with great pleasure that we welcome her to our senior management team and also recognize her as a leader for transaction execution as we look to strategically grow our organization in the coming months."

Rob Stiles, Principal, Managing Director and co-founder of RobertDouglas, added, "Over the four years that Lindsay has been with our firm, we have benefitted greatly from her expertise and diligence in underwriting hotel real estate; her energy and enthusiasm working in small teams; and her passion for the hospitality industry. This is a milestone for her and further solidifies the depth of talent within the firm."

Ms. Whang advises clients in the sale, financing and joint venture capitalization of institutional-quality hotel properties and portfolios throughout North America. Notable transactions executed by Ms. Whang include the programmatic joint venture capital raises for both AutoCamp and the McNeill Hotel Company, the refinancing of a four-hotel portfolio for the Denihan Hospitality Group in New York City, and the long-term refinancing of the Luxe Rodeo Drive hotel in Beverly Hills, California.

Prior to joining RobertDouglas, Ms. Whang worked at Wells Fargo in the CRE Hospitality Finance Group, where she underwrote hotel properties for over $1.5 billion in loan proceeds for refinancings, new construction, and note acquisitions. Ms. Whang is a graduate of Cornell's School of Hotel Administration.

Lindsay Whang, Director - RobertDouglas

About RobertDouglas

Media Contact:

Rob Stiles
Principal & Managing Director
T: 415-578-9247

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Coming up in October 2019...

Revenue Management: Focus On Profit

Revenue Management is still a relatively new profession within hotel operations and as such, it continues to evolve. One significant trend in this area is a shift away from using revenue as the foundation to generate key performance indicators (KPIs) and to instead place the emphasis on profit. Traditionally, revenue managers have relied on total revenue per available room (TrevPAR) and revenue per available room (RevPAR) as the basis of their KPIs. Now, some revenue managers are using gross operating profit per available room (GOPPAR) as their primary KPI. This puts profit at the center of revenue management strategy, and managers are increasingly searching for new ways to increase the profitability of their hotels. Return on Investment is the objective of any hotel investment, so it is only logical that profitability and ROI will be emphasized going forward. Another trend is an expanded focus on direct hotel bookings. Revenue managers know that one way to increase profitability is to steer guests away from online travel agencies (OTAs) and book directly with the hotel. This tactic also reinforces brand identity and loyalty, and encourages repeat business. In addition, it provides a valuable platform to market the hotel directly to the customer, and to upsell room upgrades or other services to them. Another trend for revenue managers involves automation in their software programs. Revenue management systems with automation are far more desirable than those without it. Automating data entry and logistics increases efficiency, allowing managers to spend more time on formulating strategy. As a bonus, an automated system helps with aggregating and interpreting data. The October issue of the Hotel Business Review will address these developments and document how some leading hotels are executing their revenue management strategies.