Charleston, SC – August 28, 2017 – Charlestowne Hotels, a full-service hospitality management company, announces the appointment of Charles Snyder as Vice President of Business Development. With more than a decade of experience in hotel investment, development and market research, Snyder will be responsible for cultivating relationships with hotel ownership and development groups as he continues to grow Charlestowne’s robust portfolio of boutique hotels, resorts, franchised properties and condo-hotels around the country.
In this position, Snyder will spearhead all new business initiatives at Charlestowne, from sourcing and executing new management contracts to assisting clients with real estate acquisitions and developments. Snyder will also oversee the underwriting and feasibility processes for new projects by analyzing current market research, referencing data on hotel operation efficiency and monitoring demographic trends to support sound hotel investment decisions for developers. Mirroring Charlestowne’s tailored management approach, Snyder will handle each new acquisition with a specially-curated growth strategy to streamline the execution and development of successful hotel properties.
“Charles’ diverse background in hospitality, real estate and food and beverage resonated with us, bringing a proven track record of comprehensive business development experience that will continue to drive growth and profitability across our entire portfolio,” says Michael Tall president and chief operating officer of Charlestowne Hotels. “As our company continues to evolve, his aptitude for ground-up development aligns well with Charlestowne’s vision for creating unique, lifestyle hotels inspired by their sense of place.”
Snyder’s passion for hospitality began at the age of 16, where he developed an appreciation for the industry while working in restaurants. A native of central Pennsylvania and a graduate of Pennsylvania State University, Snyder joined hotel research firm STR in 2005 where he later assisted in launching the successful trade website HotelNewsNow.com. Snyder further honed his business development prowess through positions at PhoCusWright research and with the Ackman-Ziff Real Estate Group’s hotel capital advisory team. Most recently, Snyder served as vice president of acquisitions and development at New Castle Hotels & Resorts, where he led the firm’s development and investment efforts.
Snyder received his Master of Business Administration degree from New York University Stern School of Business, where he specialized in finance and management, and earned his Bachelor of Science degree in marketing from Penn State Smeal College of Business. He is active in the Penn State Hotel & Restaurant Society and is a frequent mentor of hospitality students.