ATLANTA—Hospitality management enterprise Davidson Resorts & Resorts has launched Davidson Resorts, an operating division targeted completely on the ability established essential to proficiently manage exclusive resorts. Specializing in elaborate, higher-touch belongings, the portfolio will comprise huge-scale, hugely activated homes with multiple F&B stores, retail, leisure functions like golf, spa, ski, h2o sporting activities and additional. At the helm will be resort and luxury marketplace specialist Steve Contos, who has been appointed EVP of Davidson Resorts. In this leadership position, he will guide a collaborative workforce of vacation resort gurus that have been ensconced in the house and definitely understand the nuances of the vacation resort market and the visitor journey to involve recreational activations and vacation resort programming, spa, retail, membership golf equipment and the administration of complicated profits streams, in accordance to the business.
“As portion of our ongoing determination to developing and delivering price to our owners, we discovered an possibility to meet a need for further specialization,” stated Thom Geshay, president, Davidson Motels & Resorts. “When we evaluated our corporation architecture, it grew to become apparent that we need to have an operational technique for this special asset kind, as we did with the creation of Pivot in 2016 to handle life-style resort wants. Davidson Resorts will encompass the talent, ability set and resources to invigorate intricate income streams for our proprietors and deliver stimulating venues and experiential programming to entertain guests.”
Davidson Resorts will launch with 11 current qualities that the corporation has strategically assembled under its other verticals in anticipation of the vacation resort division debut, which include Grand Lodge on Mackinac Island, MI Margaritaville Hollywood Seashore Resort in Hollywood, FL The Don CeSar in St. Pete Seaside, FL Paradise Issue Resort & Spa in San Diego and Sheraton Kauai Coconut Seashore Resort in Hawaii. The resort division also contains more attributes in Orlando, FL Palm Springs, CA and ski resorts in Colorado. Poised for advancement, the strategy for enlargement is opportunistic and will principally concentration on domestic additions even though exploring Global markets like Mexico and the Caribbean. More than the subsequent five several years, stabilized annual vacation resort revenue could achieve virtually $1 billion.
Prior to signing up for the Davidson team, Contos served as a SVP at Marriott International, overseeing all inns and resorts in the Caribbean and the luxury vacation resort portfolio in Latin The united states. During his tenure, he was accountable for 78 resorts and resorts throughout 12 manufacturers. Beforehand, he was the place VP of the Americas Southern and Jap areas, targeted on a high quality portfolio of inns in Florida and Louisiana. He has held myriad positions within the hospitality field, serving as typical supervisor at five different attributes, like Orlando Grande Lakes Resort sophisticated showcasing a 1,000-area JW Marriott and a 564-area Ritz Carlton. Contos rose by the ranks of F&B functions, banquets and catering, in the long run turning into resort supervisor of the Marriott Orlando Entire world Resort, which was the biggest resort asset in the Marriott technique at the time.
“It is really our pleasure to welcome Steve to the workforce, as we are thrilled to leverage his prosperity of awareness and encounter to this freshly deployed operating vertical,” reported Pete Sams, COO, Davidson Motels & Resorts. “Throughout his career, Steve has been effective primarily based on his final results-driven solution to the small business and by generally placing folks initial. We experience assured that he will fortify Davidson Resorts by leveraging his incredible resort experiences with large-scale, sophisticated belongings, as effectively as small, intimate luxurious homes.”
Drawing on the foundational sources at Davidson Hotels & Resorts, Davidson Resorts will leverage shared platform services to streamline departmental efficiencies such as accounting, authorized, treasury, IT and threat management.