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.
Rainer Jenss of Nyack, New York, founded the Family Travel Association seven years ago to help parents and caregivers introduce children to the world through travel, whether that’s a yearlong trip around the world that Jenss and his family took or a weekend getaway to a nearby destination. To help the travel industry gauge what parents want when they take their kids on vacation, FTA conducts an annual study. The U.S. Family Travel Survey 2021 reveals the shift in mindset the COVID-19 pandemic has created in families planning a trip over the next 12 months. Hoteliers use can use the information to generate business and boost their strategies to recover and sustain business now and other the coming months.
Whether they’re new to the concept or they’ve worked in lodging for years, women are an emerging force in hotel development, investment and ownership. Several industry leaders are making significant strides in building programs that encourage and support women interested in becoming hotel owners and investors. This report examines new projects and updates the status of existing efforts by industry leaders to recruit women as owners and help them hurdle barriers such as critical access to capital.