News for the Hospitality Executive
Dolce Hotels and Resorts Names Steven A. Rudnitsky
President and Chief Executive Officer
MONTVALE, N.J. (Nov. 18, 2008) – In a move to build upon its achievements and further accelerate growth , Dolce Hotels and Resorts, a meetings-focused hospitality company based here that manages 23 hotels, resorts and meetings centers in the United States, Canada and Europe, has appointed industry veteran Steven A. Rudnitsky as president and chief executive officer, effective Dec. 8.
Rudnitsky, who recently stepped down as president and chief executive officer of Wyndham Worldwide’s Hotel Group, based in Parsippany, will be responsible for driving Dolce’s growth worldwide. The company earlier this year announced plans to double its portfolio during the next five years.
The expansion plans will be underwritten by Broadreach Capital Partners, which purchased a majority stake in Dolce last year, and other capital partners.
Rudnitsky will be responsible for developing the company’s strategic direction and plans, delivering on business objectives and overseeing all departments including Operations, Sales & Marketing, Finance, Acquisition & Development and Human Resources. He will serve on the Dolce board and report to company Chairman Andy Dolce, with whom he will work closely to stimulate growth through acquisition and development efforts.
Reporting to Rudnitsky will be Steve Giblin, chief operating officer; Debra Bates, chief financial and development officer; and Carl Cohen, chief sales & marketing officer.
Rudnitsky said his first task will be to develop short- and long-term objectives and strategies that build on Dolce’s recent successes including a brand refresh and capital improvements. Among other tactics, the company is working to increase occupancy with more social and leisure business. He also will spend a large part of his first 100 days visiting as many Dolce properties as possible, where he will work side-by-side with the front-line and back-of-the-house property staff.
Andy Dolce said Rudnitsky was selected for the position because of his
“proven CEO capabilities, his knowledge of the hospitality industry including
the meetings segment, his understanding of the importance of branding,
his commitment to reinforcing the people-centric culture of the company,
and his ability to maximize a company’s value proposition in the best and
worst of times.
During his six-and-one-half-year tenure as president and chief executive
officer of Wyndham Hotel Group, a business unit of Wyndham Worldwide (NYSE:
WYN), Rudnitsky is credited with improving performance of the company’s
hotel brands and expanding its portfolio domestically and internationally
in wake of the 9/11 hospitality industry downturn. He launched
one of the travel industry’s largest loyalty programs, acquired four brands
and negotiated numerous domestic and international management contracts
as well as joint-venture agreements for Europe, the Middle East and Africa
and the Asia Pacific region.
“I am impressed by what Dolce Hotels and Resorts has been able to accomplish,” he said. “The Dolce brand is a leader in the meetings industry, having pioneered a conference center concept that delivers inspiring, productive environments for meetings. With the continued support of Broadreach Capital Partners, we have every reason to be optimistic about our growth targets and our goal to make the Dolce name known around the world.”
During Rudnitsky’s 30-year career, he also held leadership positions at Fortune 500 companies including Kraft, Nabisco and Pillsbury ? where he turned around lagging operations and aggressively grew the businesses both organically and by expanding distribution ? and held several domestic and international sales and marketing positions at PepsiCo. He began his career with McNeil Consumer Products, a Johnson & Johnson Company.
He is a former chairman of the American Hotel & Lodging Association’s
Multicultural & Diversity Advisory Council and served on the Travel
Business Roundtable, the Planning Committee of the annual New York University
Hospitality Industry Investment Conference and the Advisory Board of the
University of Delaware School of Hotel, Restaurant and Institutional Management.
|Also See:||Dolce International Promotes Paul C. van Wijk to Senior Vice President of Operations, North America .and Xavier Louyot as Marketing and Public Relations Director, Europe / July 2008|
|Principals of Broadreach Capital Partners and Maritz, Wolff & Co. Acquire 85% of Dolce International; Intends to Rapidly Expand the Dolce Brand Within the Conference Center Industry / July 2007|