Mike is co-Founder and President of Newport Hospitality Group (NHG) – a nationally recognized hotel management company with operations across the eastern United States. Since Mike and long time family friend Bill Carey founded NHG in 1990, they have grown their portfolio to 34 properties under management in 5 states.
Mike’s formula of comprehensive reviews, attention to basics, innovative marketing and insistence on quality has produced superior returns for NHG’s clients, as well as gaining recognition and awards from franchisors.
Newport Hospitality Group is the culmination of Mike’s 30 plus years of success in all phases of hotel management. His experience is reflected in the breadth and comprehensiveness of NHG’s management package.
Mike’s background includes ten years as Senior VP and part owner of Victor Management Company of Newport News, VA. He directed all development, operations and finance activities, building the company’s portfolio to 23 hotels.
Mike earned his stripes at Sonesta International where, over ten years, he served in several operational capacities, including Corporate Food and Beverage Staff Specialist, General Manager of Hotel Sonesta, Winnipeg, and as Washington Regional Manager for the company’s motor hotel division. Other experience includes two years with Omni Hotels (then called Dunfey Hotels), four years with Registry Hotels, and two years with Holiday Inns, where he supervised development and operational activities of 130 franchised Holiday Inns.
Mike is a graduate of the School of Hotel Administration at Cornell University, and was a 2002 inductee into the school’s Wall of Fame. Mike is currently an active member of the the American Hotel and Motel Association, the Williamsburg, VA Hotel and Motel Association, and serves as a trustee of the Cornell Hotel School Alumni Association.
Newport Hospitality Group
Newport Hospitality Group, Inc.
4290 New Town Avenue
Williamsburg, VA 23188
Phone: 1+ 800.644.1032
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.