jerryking + hoteliers   16

Jeff Stober: ‘You’re gonna get back what you put into the universe’
Jul. 09, 2017 | The Globe and Mail | SARAH EFRON.
The Globe and Mail
Published Sunday, 6:00AM EDT
Last updated Friday, Jul. 07, 2017 4:51PM EDT
0 Comments PrintLicense article

Jeff Stober is the founder and owner of the Drake Hotel in Toronto. The Drake and its offshoots – the Drake One Fifty restaurant, five Drake General Stores, Drake Devonshire Inn and the new food-focused Drake Commissary – employ more than 500 people.
personal_branding  entrepreneur  restauranteurs  serial_entrepreneur  Toronto  hoteliers  founders 
july 2017 by jerryking
Drake expectations: How Jeff Stober is going big with design
Sep. 28 2013 | The Globe and Mail| ALEX BOZIKOVIC

Drake One Fifty shows the scope of Mr. Stober’s ambition, for his businesses and for the unusual design sensibility that sets them apart. This is a restaurant, but it is also a brand extension: “Drake without beds,” as Mr. Stober puts it. Will it work on Bay Street?...Mr. Stober’s credos, and it has turned this former IT-industry entrepreneur into a hospitality impresario and, he is hoping, a Toronto ambassador of design.

At some point, the Drake style became a brand and the heart of a business. The enterprise includes Drake One Fifty, the hotel, three retail stores, and as of April another hotel, Drake Devonshire, in Prince Edward County, designed by Mr. Tong’s office. All carry a blend of materials and products that evoke urban thrift-shop Canadiana with hints of Europe and a big dash of Brooklyn.

After that comes an expansion of the original Drake Hotel that will add about 20 rooms and new event space, and then, Mr. Stober hopes, a hotel-restaurant-cultural venue, taking over an entire building in “a fabulous American city.” (Mr. Stober has a second home in Manhattan.)
design  entrepreneur  hoteliers  restauranteurs  Bay_Street  brands  retailers  boutique_hotels 
october 2013 by jerryking
Bill Marriott Jr., on Inclusive Decision-Making -


Published: May 25, 2013

In later years, I realized I’d failed to get them on the team. I had walked in and said: “Here, do it. I’m an officer. Salute and do it.” They ignored me and didn’t do it, and we still had lousy food when I left the ship. I realized that I should have sat down with them and said, “What do you think we can do to improve the food?” ... I tried to adopt that style of management as I progressed in life, by asking my people, “What do you think?” Now, I didn’t always go with what they thought. But I felt that if I included them in the decision-making process, and asked them what they thought, and I listened to what they had to say and considered it, they usually got on board because they knew they’d been respected and heard, even if I went in a different direction than what they were recommending. ...The four most important words in the English language are, “What do you think?” Listen to your people and learn.
decision_making  leadership  hoteliers  inclusiveness  Marriott  lessons_learned 
may 2013 by jerryking
Peninsula Boss Builds for the Future -
JULY 19, 2010 | Wall Street Journal | By DUNCAN MAVIN
hotels  hoteliers  hospitality  Hong_Kong 
july 2010 by jerryking
Paradise Lost for Wealthy Resort Novice -
DEC. 7, 2009 | Wall Street Journal | by KRIS HUDSON. For some
ultrawealthy Americans like Mr. Sillerman, trophy hotel investments
made during the real-estate boom have turned into major burdens. Some
newly opened properties aren't generating enough cash to cover operating
expenses. Construction of others is being halted as lenders and
investors pull out. During the first nine months of the year, developers
postponed or canceled 43 luxury hotels totaling about 9,300 rooms in
the U.S. and the Caribbean, according to research firm Lodging
Econometrics. While veteran hoteliers are accustomed to booms and
busts, the newcomers are getting a sobering lesson in the risks of
owning and developing high-end lodging, which has been hit hard by the
real-estate bust. Sources: research firm Lodging Econometrics,
credit-rating company Realpoint LLC, Harrison Group - tracks the
spending and investing habits of the wealthy, Smith Travel Research,
Bjorn Hanson, assoc. prof. of lodging at NYU.
challenges  luxury  high_net_worth  travel  real_estate  hotels  hoteliers  bubbles  trophy_assets  high-end 
march 2010 by jerryking
Rocco Forte looks to the Middle East -
JANUARY 18, 2010 | Wall Street Journal | By WILLIAM LYONS. but
he admits the recent expansion couldn't have come at a worse time
economically. "It is probably the most challenging period I have ever
known," he says. "Immediately after the collapse of Lehman Brothers the
impact was dramatic. We saw a 25% drop in sales across the group with
some hotels dropping as much as 40%."
hoteliers  luxury  hotels  travel  challenges  Middle_East 
march 2010 by jerryking
A Man Obsessed
September 9, 2009 | WSJ Magazine| by Patrick Barta. Profile
of Adrian Zecha, founder of Amanresorts, one of the world’s most
luxurious hotel brands.
travel  hotels  hospitality  high_net_worth  branding  boutique_hotels  hoteliers  luxury  moguls  Adrian_Zecha 
november 2009 by jerryking

Copy this bookmark: