Dinesh “Dan” Rama is Co-Founder, Partner/Designated Broker of NewGen Worldwide – a real estate investment advisory company that works with owners and investors in all aspects of the hospitality business. The firm provides services for the sale and acquisition of lodging properties, consulting, hotel asset management, and hotel litigation support. NewGen also owns and operates several hotels in the Southwest with affiliations with Hilton, InterContinental Hotels, Accor, and Choice Hotels.
Dan is a second generation hotelier and learned all aspects of the business by helping his family, from cleaning toilets to operations. After college, Dan was the director of operations for a number of hotels for a small private equity firm in memphis. The first property he bought was a 24 room independent in Arizona, and he continued to grow his hotel portfolio and expanded into restaurants – he had a master license agreement with Red Brick Pizza and grew that segment to 13 stores at its peek.
Dan continued his journey in the business and obtained his real estate license in 2000 while working with Bob Apostle and Robert Fitzgerald for their firm, Apostle Fitzgerald. Bob and Robert were former senior brand executives that had helped to shape the Travelodge and Ramada brands respectively in the 80’s, and that experience was invaluable to Dan’s continued growth. In 2007, Dan Co-Founded NewGen Commercial Realty, and in 2008, he Co-Founded NewGen Worldwide.
Nicolas Graf, associate dean, clinical professor and chair of New York University’s Jonathan M. Tisch Center of Hospitality, will soon unveil the school’s new Hospitality Innovation Hub. Departure from the norms of doing business is key to the post-pandemic survival and success of the hospitality industry, says Graf. Companies that offer flexibility in thought and practice among employees will go a long way in leading the industry’s post-pandemic recovery. Episode 331 of Lodging Leaders explores what it will take for owners, operators and others invested in the industry to attract and retain bright young talent who can help build modern and sustainable hotel business models.
Bijal Patel, 31, is CEO of Coast Redwood Hospitality and the youngest chair of the California Hotel & Lodging Association. He’s made even more history at CHLA by agreeing to serve an unprecedented second term as the lodging industry emerges from the coronavirus pandemic. Patel is a third-generation hotelier. Being so steeped in hospitality at such a young age is not new for members of the Indian American hotelier community, but Patel fears the pandemic has drained the industry of emerging talent. Lodging Leaders spotlights Patel, who represents a leadership demographic that is fighting for the life of the hospitality industry as they watch their peers veer toward other career paths.