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 Gencom Group Names Troy Bennett Senior Vice President
of Asset Management for its Luxury Hotel Portfolio
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MIAMI, June 9, 2006 Ė Gencom Group, an investment and development firm, has named Troy Bennett Senior Vice President of Asset Management for its luxury portfolio.

With more than 20 years of hospitality experience, Bennett will be the asset manager of Gencomís Ritz-Carlton portfolio responsible for oversight of operations to include improving top line revenues and bottom line performance; evaluating and supervising recurring capital projects, ROI projects, major renovations and expansions; and implementing and overseeing the companyís new thrust in upgrading its food and beverage operations with third party restaurateurs.

Prior to joining Gencom, Bennett was Vice President of Asset Management with Host Hotels and Resorts in Bethesda, Md., where he was responsible for managing the acquisition, disposition, development, repositioning, master planning, operations and budgeting for a billion dollar portfolio of luxury hotel brands including Ritz-Carlton. Before this, he was managing director at Benchmark International Hospitality in Houston, where he created and developed a new division of luxury independent hotels. Previously, he was managing director with the ultra-luxury Grand Theme Hotels Group in Orlando, Fla.   

Active in the business community, Bennett has served on several hospitality-  related boards, a member of the Hospitality Asset Managers Association and has taken several continuing educational classes at Harvard Law School and Cornell University. 

About Gencom Group 

Founded in 1987 by Karim Alibhai, Gencom Group has been a major player in the hospitality and related real estate industries. The company has focused its activities primarily on the acquisition, ownership, development and management of hotel properties throughout the United States, Canada, Mexico and now the Caribbean.  Most recently, Gencom formed GenGate with its frequent joint-venture partner Highgate Holdings to purchase a significant portfolio of four-star hotels in Europe. 

Currently the company is focused on the development and acquisition of luxury mixed-use hotels with ancillary residential components in key resort and urban markets, while maintaining an ownership and management role in full-service hotels and extended-stay hotels.
Gencomís development projects include The Ritz-Carlton, Philadelphia; The Residences at The Ritz-Carlton, Philadelphia; The Ritz-Carlton, Key Biscayne in Miami; The Ritz-Carlton, Bachelor Gulch in Beaver Creek, Colo.; The Residential Suites at The Ritz-Carlton, Bachelor Gulch; the Park Hyatt, Toronto; The Lodge at Rancho Mirage in Rancho Mirage, Calif.; The Ritz-Carlton, Kapalua in Maui, Hawaii and Molasses Reef, A Ritz-Carlton Reserve and The Molasses Reef Island Villas on West Caicos Reserve in Turks and Caicos. 

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Contact:

Gencom Group
www.gencomgrp.com

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Also See: Troy Bennett has Named General Manager for Houstonís Hotel Icon; The 135 room Property Will be Benchmark's First Venture into the Small Luxury Hotel Category / June 2003


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