News for the Hospitality Executive
Leland C. Pillsbury Recipient of the 2010 International
of Hospitality Consultants Pioneer Award
Industry Innovator to be Honored at ALIS
Washington, October 14, 2009 — Leland C. Pillsbury, co-chairman and chief executive officer, Thayer Lodging Group, will receive the 2010 International Society of Hospitality Consultants (ISHC) Pioneer Award at the Americas Lodging Investment Summit (ALIS), January 25-27, 2010, in San Diego.
Pillsbury formed Thayer Lodging Group, a privately-held hotel investment company based in Annapolis, Maryland, in 1991 with Frederic V. Malek. Pillsbury oversees all aspects of Thayer´s activities, including strategy and investment policy. Since forming its first private equity fund in 1991, Thayer has completed 37 hotel investments with a total acquisition cost of approximately $1.8 billion.
Pillsbury is also a founder and partner in TIG Global Internet Marketing Company; EMC Venues, representing conference centers and resorts; Hubs1, the GDS platform for China; HQuant Lodging Real Estate Index Group; and Thayer Insurance Group, providing specialized health, benefits, liability and property insurance to hotels nationwide.
Pillsbury began his career in the lodging industry in 1969 when he joined the Marriott Corporation. During a 20-year tenure at Marriott, he served in a variety of roles, including general manager, director of sales and marketing, and corporate officer and executive vice president of Marriott Corporation. He was responsible for launching several initiatives, including revamping Marriott´s pricing strategies, developing the first generation of revenue management and yield management systems, and developing Marriott´s frequent traveler program. He also launched venture teams that led Marriott´s entry into the time-sharing business, Fairfield Inns’ economy lodging business, and acquired the Residence Inn Company. As vice president and general manager of Fairfield Inns and Residence Inn, he supervised 18,000 people and in excess of $1 billion in capital investment in lodging products. Prior to forming Thayer, Mr. Pillsbury founded Grand Heritage Hotels, a manager of historic and unique independent hotels.
During Pillsbury’s career in lodging/hospitality real estate, he has overseen the launch, acquisition, and operation of over 250 hotels throughout the U.S.
Pillsbury received a bachelor’s degree of science from the Cornell School
of Hotel Administration and an Executive M.B.A. from Northwestern University
J.L. Kellogg Graduate School of Management. He serves on the
University Council at Cornell University, the Dean´s Advisory Board
of J.L. Kellogg School of Management, and is a director and investor in
several privately-held companies. Pillsbury is founder and director
of the Leland C. and Mary M. Pillsbury Institute for Hospitality Entrepreneurship
at Cornell University.
The ISHC Pioneer Award was established in 1996, honoring those in the
lodging community based on three criteria: active involvement in the industry,
extensive contribution to the industry, and personal/organizational attributes
and qualities. Further details on specific criteria supporting these
general categories can be found on the ISHC Website.
Serving the hospitality industry for a century, AH&LA is the sole
national association representing all sectors and stakeholders in the lodging
industry, including individual hotel property members, hotel companies,
student and faculty members, and industry suppliers. Headquartered in Washington,
D.C., AH&LA provides members with national advocacy on Capitol Hill,
public relations and image management, education, research and information,
and other value-added services to provide bottom line savings and ensure
a positive business climate for the lodging industry. Partner state associations
provide local representation and additional cost-saving benefits to members.
Senior Vice President of Marketing and Communications
American Hotel & Lodging Association
1201 New York Avenue, NW, Suite 600,
Washington, DC 20005
Phone: 202.289.3130 www.ahla.com
|Also See:||J.W. Marriott, Jr. Recipient of the 2009 International Society of Hospitality Consultants Pioneer Award / September 2008|
|The International Society of Hospitality Consultants Honors James Burba with the 2007 Pioneer Award / January 2007|