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Shifts Focus to Full-Service Hotels |
DENVER � November 15, 2000 � A textbook example
of how to build a hotel company is Denver-based Stonebridge Companies,
a company entering its second decade of developing and managing properties
throughout the West. Founded in 1991, the company was recently ranked the
largest developer/owner of hotels in its home state of Colorado by Hotel
Business, a leading hospitality industry trade magazine.
Stonebridge owns and operates more than 30 hotels in Alaska, Arizona, California, Colorado and Washington. The company holds operating licenses for Choice, Hilton, Bass, Marriott and Radisson. Property brands include Comfort Suites, Fairfield Inn by Marriott, Hampton Suites, Hilton Garden Inn, Holiday Inn Express, Homewood Suites, Radisson and SpringHill Suites by Marriott. With more than 3,000 rooms, Stonebridge Companies is the nation�s 51st largest owner/developer of hotels. Focus Shifts to Full-Service Properties Stonebridge Companies has grown primarily through
new construction of hotels. The company has roughly doubled its room count
since 1998. Early development was comprised of limited-service hotels,
first in Colorado and later in other western states. Now that it
is well-established, the company is focusing future expansion on three-
and four-star properties.
Prior to founding Stonebridge, Dimond worked for the City and County of Denver as manager of the city�s real estate portfolio during the administration of Mayor Federico Pena. His most visible accomplishment during his tenure was acquiring and assembling land for the Colorado Convention Center. He was also manager for Simcore Properties, a private real estate portfolio comprised of apartments, retail shopping centers and warehouses. A Certified Hotel Administrator, Dimond earned a bachelor of arts degree in business management and a bachelor of science degree in construction management from Washington State University and an MBA from the University of Denver. Throughout the company are seasoned hospitality veterans. Key executives include Joan Kirk, senior vice president, hotel operations; Scott J. Gericke, CHA, vice president of hotel operations; Jeremy Day, CHA, regional vice president of operations; Eric Gebhart, regional director of operations; Terri X. Radcliffe, regional director of sales and marketing; Kristen Shorthouse, regional director of sales and marketing; Rick Ponzo, controller; Deborah Kacik, regional director of operations; Gwyn Shuel, risk manager; and Haley M. Renn, director of human resources. In the past four years, the company has grown from seven corporate employees to more than 30 today. The company has in-house development, human resources, risk management and centralized accounting departments. Employee development and team-building are top priorities for the company. For example, each year Stonebridge closes the corporate office and flies all corporate employees and general managers to a different location for a general managers conference and a weekend of team-building activities. This year, Stonebridge staged the event to coincide with the gala grand opening of the Radisson Hotel San Francisco Airport at Sierra Point. Stonebridge�s Mission At the core of the Stonebridge way of doing things is its mission statement. �Yes, we understand that most other companies develop mission statements, but we believe we accomplished something that encompasses our philosophies in a way that allows us to grow as businesspeople, individuals and responsible corporate citizens,� said Dimond. �This is also the first mission statement we have seen that is graphic in nature and visually integrates the components into a complete package.� The company�s mission statement, depicted as a cycle with no starting or ending point and with no single aspect taking priority, says: �Our mission at Stonebridge Companies is commitment to the strategic growth of a highly respected company which:
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www.stonebridgecompanies.com Mesereau Public Relations
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