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 Benchmark Hospitality International Appoints Alex Cabañas
Vice President of Development and Strategy
Alex Cabanas
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The Woodlands (Houston), Texas October, 23 2008 … Benchmark Hospitality International has named Alex Cabañas vice president of development and strategy for the global hospitality management company.  The appointment was announced by Burt Cabañas, Benchmark's chairman and chief executive officer.  Alex Cabañas was previously vice president of capital markets for Benchmark Hospitality.
 
"As I viewed Benchmark's projected growth over the next ten years, it became clear that new business development, strategic planning and coordination of capital resources needed to be managed under one umbrella," said Burt Cabañas. " Alex's track record with the capital side of our business over the past two years, coupled with his experience in corporate strategy with Boston Consulting Group, establishes him as the ideal person to lead Benchmark's growth initiatives." 

In his new position with Benchmark Hospitality International, Alex Cabañas assumes broad responsibilities for the company's growth, including the expansion of its portfolio of award-winning resorts, personal luxury hotels and conference centers, both domestically and internationally.  With strategic planning and organizational development efforts critical to successful growth, Mr. Cabañas will coordinate with Benchmark’s executive team to move the organization forward.   As well, he will continue to oversee the development of Benchmark's investment capital opportunities and relationships important to the company's expansion plans. 

Alex Cabañas has been employed by Benchmark Hospitality since early 2006, most recently serving as vice president of capital markets.  In this role, he actively expanded Benchmark's access to capital resources globally, developed a capital strategy for potential co-investment opportunities and supported strategic planning initiatives.  Additionally, Mr. Cabañas oversaw the launch of Benchmark Japan, the company's Asian subsidiary, which included the initiation of multiple development projects within Tokyo and the country of Japan.  Prior to this appointment, Cabañas served as director of capital markets and strategic planning for Benchmark Hospitality.

Previous to joining Benchmark, Alex Cabañas was part of the global consulting team with The Boston Consulting Group, based in Dallas.  He earned his Master in Business Administration degree from Harvard Business School.  He holds a Bachelor in Business Administration degree and a Master of Science in Finance degree from Texas A&M University.  Mr. Cabañas resides in The Woodlands, Texas, with his family.

Benchmark Hospitality International is a leader in the management and marketing of resorts, conference centers, hotels, and Personal Luxury Hotels™.  The privately held company, launched in 1980, is a founding member of the International Association of Conference Centers.  Benchmark is a worldwide organization operating over 30 properties representing major metropolitan and resort destinations.   Benchmark's international headquarters is located in The Woodlands, Texas, near Houston, with regional offices in New Jersey and Connecticut.  International offices are located in Tokyo and Santiago, Chile. For locations of properties and additional information, visit www.benchmarkhospitality.com.  

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Contact:

Ken Ellens
Ken Ellens Communications 
201-758-2864 / 201-758-2865-Fax
KenEllens@aol.com

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Also See: Benchmark Hospitality International Appoints Alex Cabañas Vice President of Capital Markets / January 2008
Alex C. Cabanas Appointed Director of Capital Markets and Strategic Planning for Benchmark Hospitality / January 2007

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