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Resume
Michael P. Holtz 490 East Route 22 North Barrington, Illinois 60010 (847) 277-0068
SUMMARY OF QUALIFICATION- Founded MPH Hotels, Inc. This is a privately held company that develops, builds and manages hotels.n - President and Chief Executive Officer of a publicly traded company for over 14 years listed on NASDAQ:NMS. n - Elected to the Hospitality Hall of Fame in 1991 by Lodging Magazine n - Founded, designed, developed and managed the AmeriHost Inn hotel brand from inception to nearly 100 hotels open. n - Developed and constructed over 100 hotels in 18 states n - Acquired, renovated and repositioned over 50 hotels. n - Grew a company from 2 employees to over 2,500 associates in 18 states. n - Top Ten fastest growing companies in Illinois by Crain’s Chicago Business Review in 1996.
EXPERIENCE
2002 to Present: President and Owner of MPH Hotels, Inc. and various affiliate companies. This company owns, develops, builds and manages hotels throughout the United States.
1985 to 2002 : Arlington Hospitality, Inc. (formerly AmeriHost Properties, Inc.) 2355 South Arlington Heights Road Suite 400 Arlington Heights, Illinois 60005 847-228-5400
Chairman of the Board, President and Chief Executive Officer
ACCOMPLISHMENTS:
- Led the Company from the start to nearly $100 million in revenues and 81 hotels in 18 states. - Started the Company with only one employee to over 2,500 nationwide. - Developed nearly 100 new construction hotels. - Organized a management team to operate nearly 100 hotels nationwide. - Negotiated nearly 50 joint venture projects for development and acquisition of hotels.
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Negotiated a $20 million
construction and end financing line with GE Capital at rates significantly
below the average hotel lending rate in the US. - Negotiated the sale of the AmeriHost Inn name and franchising rights to Cendant Corporation. This one transaction has the potential to be worth several times more than the present market cap of the Company. - - Sold 23 hotels in the past 30 months at an average cap rate of 7.94% - - Completed a sale-leaseback of 30 hotels to a REIT for $73 million to unlock significant cash and earnings to the Company. - - Negotiated the acquisition and completely renovated a 55,000 square foot office building as the Company’s headquarters, significantly reducing our “rent” expense. - - Created, developed and built the AmeriHost Inn hotel brand into a nationally recognized mid-market hotel brand. - - Outpaced all other major hotel companies and led the entire hotel industry with RevPar increases with the AmeriHost Inn hotel brand during the past five years as president of Arlington Hospitality, Inc..
MPH HOTELS, INC.
MPH Hotels, Inc. was formed in early 2003 to develop, manage and sell limited service hotels throughout the United States. It’s sole shareholder, Michael P. Holtz, has developed over 125 hotels in the US over the past ten years as president and CEO of Arlington Hospitality, Inc. As president, Mr. Holtz was responsible for the creation and growth of the AmeriHost Inn hotel brand. During his tenure with Arlington, he developed nearly 100 AmeriHost Inn hotels. As president of MPH Hotels, Inc., Mr. Holtz was responsible for the development/acquisition of 15 hotels over the past five years.
MPH Hotels, Inc. strategy is simple: Develop limited service hotels, typically 70 to 120 rooms in secondary markets; operate these for a period of time; then sell the hotel and realize the potential gain for the investors. There is a tremendous opportunity for growth as the tertiary markets continue to grow throughout the country as the need for quality lodging in these markets expands. Since its inception, MPH Hotels, Inc. has developed/acquired and/or constructed 15 hotels in six states.
ADVANCED EDUCATION:
1978 - MBA Wright State University - Dayton, Ohio - Strategic Planning 1977 - BS Wright State University - Dayton, Ohio - Marketing
OUTSIDE INTERESTS
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