H. Mark Daley, III is President and CEO of The Generation Companies – a real estate investment company based in Raleigh, NC that provides real estate management and development services to individuals, families, corporations, and institutions. In less than 20 years, The Generation Companies portfolio has grown to 25 properties, including the brands Home 2 Suites, Homewood Suites, Staybridge Suites, Candlewood Suites, MainStay Suites, and Suburban Extended Stay Hotel.
Last year, Hotel Business ranked The Generation Companies #86 in their Top 100 Management Companies of 2014 report.
Mark has been active in real estate endeavors his entire career including hotel, office, self-storage and residential subdivision development. Initially, Mr. Daley worked as a commercial real estate lender and then credit officer for Wachovia Bank, and in 1991, went to work for his father, H. Mark Daley, Jr., as Vice President – Real estate for Daley Corporation. In 1994, Mark was made President of Daley Corporation and Daley Investments, Inc., two closely held real estate investment, management and development companies engaged exclusively in activities for their own corporate accounts.
Then in 1996, convinced there was a substantial unmet demand for other passive investors to participate in direct real estate investment opportunities, Mark reached an agreement with Daley Corporation and Daley Investment shareholders to allow his core management group to form a separate entity, The Generation Companies, to provide the same real estate management and development services to a broader range of investors. The company has since gone on to develop hundreds of millions of dollars worth of real estate and earn over 50 hospitality industry awards, including most recently Deal of the Year by Hilton for its Home 2 brand.
Mark graduated Cum Laude from Oral Roberts University (Tulsa, OK) with a B.S. in Business Administration and a Minor in Government. Mark is the former Chairman of the Candlewood Suites International Association of Candlewood Owners (IACHO), former member of the Marketing Fund Committee of the Candlewood Hotel Company, and served on the Board of Directors for the IHG Owners Association. Mark is a former Chairman and Vice-Chairman of the Candlewood and Staybridge Brand Committees, respectively. Mark was Director and Principal of Suburban Franchise Holding Company, LLC, parent of the Suburban Extended Stay Hotel brands, Inc, which was subsequently sold to Choice Hotels International.
Currently, Mark serves as an Advisory Board Member for Boddie Noell Enterprises, a large private restaurant operator and real estate developer, and for the UNC Horizons Program, a substance abuse and trauma recovery treatment program for women and their children. Mark serves as President and CEO of The Generation Companies and Managing Member of Generation Properties I, IV, and other various partnerships.
Mark Daley III
The Generation Companies
The Generation Companies
4208 Six Forks Road
Raleigh, NC 27609
Phone: (919) 361-9000
Fax: (919) 977-3830
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.
Many hotels these days have made room for guests with disabilities. Hotel managers and staff should also know what the Americans with Disabilities Act says about accommodating guests with pets. During the pandemic lockdowns, a lot of people added a pet to their household and now they’re bringing Fido along on vacation. Hotel employees need to know how to cater to both consumers who are pet owners as well as guests who travel with a trained service animal. Episode 329 of Lodging Leaders podcast reports on how the ADA defines a service animal and how a hotel is legally obligated to serve a guest who comes with a dog or any other animal.