Who We Are

CHMWarnick is the leading provider of hotel asset management and hospitality advisory services in the US.

So, what does that really mean?

Hospitality real estate is our sole focus. Protecting hotel owner interests and paving a pathway for achieving investment objectives is our mission.

Our team of hotel real estate experts is dedicated to guiding the efforts and protecting the interests of hotel owners, investors and lenders throughout every stage of the investment cycle – from acquisition to disposition. Drawing on our deep and diversified experience, CHMWarnick provides services that enable hotel owners to successfully navigate issues, make informed decisions, and execute on strategies proven to yield superior investment returns.

We are not simply hotel consultants. CHMWarnick cultivates long-term relationships with clients, and becomes an extension of your team, organization or company. We work at a level of dedication, diligence and passion you would expect from one of your own.

  • Leading hotel asset management and owner advisory services firm
  • More than 60 hotels, 27,000 guestrooms, $15 billion in client investments under asset management
  • Full-service hotel advisory capabilities: acquisition due diligence, hotel development, pre-opening oversight, hotel operator/brand selection, contract negotiation, operations assessment/diagnosis, owner-entity accounting, custom consulting
  • 25-year company track record
  • 40 hospitality professionals
  • Six offices located across the U.S. (Boston, New York, Phoenix, San Francisco, St. Augustine and Washington D.C.
  • 30-year average industry experience across one-third of our team members
  • Board representation on leading hospitality industry & real estate organizations: AH&LA, HAMA, ISHC, ULI and Castell Project,
  • Diversified client types: family office, private equity, sovereign wealth funds, international investment companies, Fortune 100, visitor-based attractions, public/municipal agencies, lending institutions
  • Specialize in full-service hotels and resorts, and select-service portfolios
  • Largest asset manager of publicly-owned convention center headquarter hotels
  • No competing lines of business, such as hotel management or direct investment – 100% focused on representing client hotel investments

The Value of CHMW is its people

CHMWarnick’s hospitality professionals possess real-world experience and perspectives that combine to form a team unsurpassed in knowledge and capabilities, allowing us to deliver the most comprehensive services available in the industry today. We offer a well-rounded group of specialists, anchored by senior-level leaders, and complemented by the industry’s brightest young talent, keeping it fresh, cutting-edge and connected at all levels of the hotel investment community. One-third of our professionals possess more than 30 years’ of hospitality industry experience, and as a group are regarded by clients and industry peers as leading authorities on hotel ownership issues, hotel asset management and hotel investment.

Meet Our Team

CHMW’s services are designed to provide hotel owners and investors with expert insight and recommendations throughout the hotel investment lifecycle. Whether developing a hotel from the ground up, evaluating an acquisition opportunity, selecting a hotel brand, negotiating a management contract, looking to enhance operating performance, or preparing to sell – we have the expertise and proven ability to help owners achieve their goals. CHMWarnick can represent client organizations in all things “hotel” or provide resources to complement existing client teams. We are highly adaptable and focused on identifying an approach that suits each client’s specific situation.

Meet Our Team

What type of clients benefit from CHMWarnick’s services? From sophisticated investors that may be new to the hotel sector, to seasoned lodging investors – we have served as a trusted advisor for over 25 years, achieving results on behalf of clients worldwide. CHMWarnick’s clientele is highly diverse and includes family offices, sovereign wealth funds, private equity, Fortune 100 companies, public/municipal agencies, colleges/universities, museums, hospitals, and lending institutions. All rely on our expertise and commitment to achieving results as a critical component of their hotel investment management strategy. Our ability to think like hotel owners not only allows us to anticipate critical issues, support owner decisions and positively impact performance at every stage of investment but also enables us to seamlessly align with client objectives, outline a roadmap and execute on strategies to achieve client investment goals.

Meet Our Team

Depth, diversification, and longevity is what makes CHMWarnick unlike any other hotel asset management or hospitality consulting firm. Not only have we represented owners on more than 400 hotels over the past 25 years, we have done so across nearly every major U.S. market and throughout the Caribbean, every major brand and many independent hotels. We have worked with both brand managed and independent hotel operators, across all property-types, including luxury urban hotels, destination resorts, full-service commercial properties, major convention center hotels, lodging facilities serving visitor-based attractions, mixed-use assets and select-service hotels and portfolios. Our current asset management portfolio of over 60 hotels and 27,000 rooms offers real time performance benchmarking capabilities, trends analysis and best practices unmatched in the industry today. Our size and scale allow us to quickly assess a hotel’s operation, and immediately identify opportunities for value enhancement, as well as potential risks that should be mitigated. CHMWarnick maintains a service culture that puts clients first, including direct senior-level support and responsiveness, to ensure the highest-levels of client satisfaction.

Meet Our Team

CHMWarnick has earned a reputation for excellence in the hospitality industry, not only with clients and employees, but also with constituents that we work with every day – the brands, the operators, the organizations to which we belong, and the greater network of professionals that represent the interests of owners just like we do. Whether a long-time client, or a new relationship, our promise is to uphold the very values that have enabled CHMWarnick to maintain a 25-year track record in doing what we do – providing exceptional, reliable and honest services, putting ownership first in everything that we do.

Meet Our Team

Senior Leadership Team

  • Chad Sorensen

    Managing Director & CEO

    Boston, MA
  • Chad Crandell

    Chairman of the Board

    Boston, MA
  • Richard Warnick

    Managing Director

    Phoenix, AZ
  • Ken Wilson

    Managing Director

    Boston, MA
  • Kristie Dickinson

    Managing Director & EVP

    Boston, MA
  • Michael Doyle

    Managing Director & EVP

    New York, NY
  • Derek Olsen

    Managing Director & EVP

    Boston, MA
  • Larry Trabulsi

    Managing Director & EVP

    Boston, MA
  • David Sherf

    Executive Vice President

    Phoenix, AZ
  • Christine Baekey

    Controller

    Boston, MA
  • Joe DeFrank

    Executive Vice President

    St. Augustine, FL
  • Marc Ellin

    Executive Vice President

    Phoenix, AZ
  • Maxine Taylor

    Executive Vice President

    San Francisco, CA
  • Mark VanStekelenburg

    Executive Vice President

    New York, NY
  • Robert Hayward

    Executive Vice President

    Phoenix, AZ
  • Sean Kreiman

    Senior Vice President

    Boston, MA
  • Dan Walsh

    Senior Vice President

    Boston, MA

Industry Leadership

Our people are leaders in the hospitality industry and play an active role in the organizations to which they belong. We provide regular thought leadership through published articles, industry texts and newsletters that address hotel asset management and a wide range of ownership issues. Our team is dedicated to maintaining advanced knowledge through certifications and other means of continuing education, to ensure our clients receive best-in-class services. Through these organizations, we have developed credibility with key decision makers across a wide variety of entities that comprise our industry, including hotel companies, lenders, investors, operators and other hospitality influencers worldwide. We have knowledge of, and maintain relationships with, a global network of top-level advisors, ranging from designers and builders to local market experts, attorneys, food and beverage consultants and more. As a company and/or through individual participation, CHMWarnick team members are active leaders in the following industry organizations and hold a wide-range of certifications and professional designations.

Organizations

  • Hospitality Investment Roundtable, Finance Committee, Women in Lodging, Under 30 Gateway and Allied Membership
    Hospitality Investment Roundtable, Finance Committee, Women in Lodging, Under 30 Gateway and Allied Membership
  • Castell Project, Build & Elevate Leadership Programs
Castell@College Advisory Committee, Panel Moderator & Speakers
    Castell Project, Build & Elevate Leadership Programs Castell@College Advisory Committee, Panel Moderator & Speakers
  • Members Cornell Hotel Society
    Members Cornell Hotel Society
  • Founding Member, Past Presidents; Current Board Member Hospitality Asset Managers Association (HAMA)
    Founding Member, Past Presidents; Current Board Member Hospitality Asset Managers Association (HAMA)
  • Member Hospitality Finance & Technology Professionals (HFTP)
    Member Hospitality Finance & Technology Professionals (HFTP)
  • Three Chairmen Emeritus, current board members & Chairman, members, Pioneer Award Committee Chair and Emerging Hospitality Consulting Award Committee Chair of the International Society of Hospitality Consultants (ISHC)
    Three Chairmen Emeritus, current board members & Chairman, members, Pioneer Award Committee Chair and Emerging Hospitality Consulting Award Committee Chair of the International Society of Hospitality Consultants (ISHC)
  • Members Real Estate Finance Association (REFA) and Events Committee Member
    Members Real Estate Finance Association (REFA) and Events Committee Member
  • She Has a Deal (SHaD) Educational Sponsor & Luminary/Master Class Instructor
    She Has a Deal (SHaD) Educational Sponsor & Luminary/Master Class Instructor
  • Hotel Development Council, Chairman, Recreation Development Council Member, Women’s Leadership Initiative, Member, UrbanPlan Program Facilitator/Volunteer
    Hotel Development Council, Chairman, Recreation Development Council Member, Women’s Leadership Initiative, Member, UrbanPlan Program Facilitator/Volunteer
  • Members Young Hospitality Investment Professionals
    Members Young Hospitality Investment Professionals