News for the Hospitality Executive
Windermere, Fla. — June 1, 2010
entrepreneurial spirit of Steven Belmonte is alive like never before
with the introduction
of two new companies for the global hospitality industry designed to
owners capitalize on the economic upswing and industry rebound. This
month the 40-year
hospitality industry veteran is launching Hospitality
Solutions Real Estate LLC, a licensed discount commercial real
estate and lending broker service, and Hospitality
Solutions Insurance LLC, a company that provides custom discount
A detailed introduction of these two new service groups will be made at the Asian American Hotel Owners Assn. (AAHOA) Annual Convention, June 16-19 at Navy Pier in Chicago, Booth No. 414. Hoteliers will meet Matthew Tal, President and COO of Hospitality Solutions Real Estate LLC, as well as Thomas Cleary, President and COO, and Patrick Hartle, EVP, of Hospitality Solutions Insurance LLC. Tal will spearhead the Real Estate division from the company's new offices in Parsippany, N.J. Cleary and Hartle will head the Insurance division from the company's new offices in Altamonte Springs, Fla.
"Hospitality Solutions LLC is expanding to better position ourselves and our clients for economic recovery and the long-awaited rebound of the lodging and foodservice industries," Belmonte said. "We started Hospitality Solutions LLC in 2002 as franchise negotiation specialists assisting with termination of existing franchise agreements or establishing negotiating new franchise agreements at a low flat fee with a no risk guarantee. With recovery on the horizon, the need for services such as insurance and real estate will surely escalate in the coming months, and we want to be positioned to capture that market share.
"Therefore we expanded Hospitality Solutions LLC in 2010 to serve as the source for 'Everything Franchise,'" he said. "Effective immediately, we serve the entire hospitality industry -- from lodging to foodservice -- as franchise negotiations specialists and real estate brokers, insurance underwriters, and legal services providers. The synergies among these four divisions are obvious and pertinent -- and by establishing a Real Estate/Broker Division and an Insurance Division 'at a discount,' we are once again providing the industry with convenient services and support under one umbrella.
Belmonte remains Chairman and CEO of Hospitality Solutions LLC and its four divisions, and will continue to operate from his office in Windermere, Fla. He is assisted by Brent Rohde, Executive Vice President of the Franchise Negotiations division (providing new franchise agreement negotiations and franchise termination negotiations). Belmonte also will oversee the Hospitality Solutions Legal Services division, offering mediation, expert witness and litigation support.
Real Service for Real Needs
As hospitality inches closer to economic recovery, Belmonte said there is going to be an explosion of real estate transactions. When that happens, Hospitality Solutions Real Estate LLC is in place to help investors buy and sell hotels. In addition, through its close relationship with commercial lenders the Real Estate division can also assist buyers with securing financing.
"As Hospitality Solutions LLC delved deeper into the franchise negotiations business, Steve noticed a void in the company's ability to assist with real estate transactions," Tal said. "Franchise agreements are triggered by real estate movement which in turn is triggered by franchise negotiations. Whether a hotel owner is looking to purchase a new hotel and enter into a new franchise agreement, or sell an existing franchise or terminate an existing contract, the Real Estate service Division is certainly needed. Hospitality Solutions Real Estate LLC will provide nationwide discount brokerage that will save owners money. At the same time, our ability to make referrals to commercial lenders will greatly assist our customers in rounding out their transactional needs."
At present, Tal said he is busy finalizing a national team of Hospitality Solutions brokers.
Insurance with Integrity
Hospitality Solutions Insurance LLC will provide property insurance, general liability, Workers' Compensation coverage, group health benefits, commercial automobile liability (including shuttle buses), liquor liability, employee benefits, wake-up call liability, excess liability and more.
"Our objective is to provide discount insurance services to the franchisees and industry associates that Steve has worked so closely with throughout his career, and assist them with the complex world of commercial insurance placement," Cleary said. "We have access to all the markets needed to service this client base, from the single owner/operator to the large multi-unit developer, and all the services and resources of the large national brokers. We shop each account very aggressively to get the lowest price using the best terms. The real savings for hoteliers, however, comes from managing their claims."
Hartle said both he and Cleary are elated to have the opportunity to partner with Belmonte, a man whom they say has "the best reputation in the industry for conducting business with integrity."
"Having the opportunity to partner with Steve Belmonte and lead Hospitality Solutions Insurance LLC is a great win for both Tom and I," Hartle said. "Of all the insurance professionals Steve could have partnered with, he chose us, and we are honored by that. Going forward, we will leverage our relationships in the insurance industry to bring the most value to owners and operators of hotels, restaurants and fast-food chains. We get the best deals possible from a pricing standpoint because we invest our time in getting to know our customers and their insurance needs, and then present each business in the best light to the companies we feel are the best fit for each operation."
More News to Come . . .
Belmonte said he is continually looking at companies that provide services which are a natural fit for Hospitality Solutions LLC's "Everything Franchise" model.
"In the very near future, I will be announcing the acquisition of a well known national payroll services company that will be integrated as Hospitality Solutions Payroll LLC," he said. "It is our goal to have the acquisition complete by late July. After that, we will continue to look at other service companies with high-powered entrepreneurial talent that will fit nicely under the Hospitality Solutions LLC umbrella.
To contact Hospitality Solutions LLC or any of their four divisions, call (407) 654-4600 or email firstname.lastname@example.org or visit www.stevenbelmonte.com.
About Hospitality Solutions LLC
Hospitality Solutions LLC provides nationwide assistance to Hotel, Restaurant and Quick-Serve Restaurant owners for "Everything Franchise." The company boasts four divisions: Hospitality Solutions Franchise Negotiations LLC, Windermere, Fla., provides new franchise agreement negotiations, franchise termination/liquidated damage claim negotiations; Hospitality Solutions Real Estate LLC, Parsippany, N.J., operates as a licensed discount commercial real estate and lending broker; Hospitality Solutions Insurance LLC, Altamonte Springs, Fla., provides custom discount insurance services, including: property insurance, general liability, Workers' Compensation coverage, group health benefits, commercial automobile liability (including shuttle buses), liquor liability, employee benefits, wake-up call liability, excess liability and more; and Hospitality Solutions Legal Services, Windermere, Fla., provides mediation, expert witness and litigation support. Company Chairman, Founder and CEO Steven Belmonte, Windermere, Fla., previously served as former President and CEO of Ramada Hotels and as Chairman of the American Hotel & Lodging Assn.’s Foundation. For more information, call (407) 654-4600, email email@example.com or visit www.stevenbelmonte.com.
Chairman, Founder and CEO
Hospitality Solutions LLC
Tel: (407) 654-4600
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|Franchise Negotiations Expert Selected to Spearhead Hospitality Solutions LLC; Steven Belmonte reunites with Charles Isola to lead growing franchise-services consulting group as EVP and COO / March 2007|
|Meaningful Dialogue Should Be the 'Best First Step' to Dispute Resolution; Fair franchise agreements are not impossible to negotiate or terminate / Steven J. Belmonte / September 2006|
|Every Franchising Obstacle Presents an Opportunity to Improve Your Position / April 2006|