Name : Dwight Tabales
Industry Type : Real Estate Developers
City & State : Orlando, Fl.
Job Title Principal
Relocation Preferences : anywhere
Objective : I am a senior mamager looking to join areputable asset management or servicing firm where my industry knowledge, contacts and financial acumen can be best applied.
Resume :  
DWIGHT TABALES
7200 Greenville Court, Orange Tree Country Club Orlando, FL 32819 (c) 407-913-6760
EXECUTIVE PROFILE
Hotel executive specializing in asset management, multi-unit operations, turnaround properties, disposition strategies, property valuation, cost reduction strategies, acquisitions, due diligence and new build development.

Strengthen IRR Enhance ROI Financial Proficiency Guest Satisfaction Brand Optimization Hotel Opening Experience Skilled Negotiator

QUALIFICATIONS SUMMARY
Results-oriented and results-driven senior executive. Asset manager with over 24 years in hotel operations and owner/developer experience. Licensed casino operator in Puerto Rico.
oExpert at strategically positioning properties to outperform competitive set as measured by financial metrics, customer service, technology and marketing programs that enhance business growth and sustain increased profitability.
oSkilled leadership committed to hospitality industry core beliefs of excellent guest service, operational efficiency and associates career development.
oFiduciary responsible and highly proficient in financial reporting & modeling.
oExperienced leader, in lodging operations, sales & marketing ROI, management company selection, brand selection, disposition strategies, performance management, labor negotiations, management contract negotiations, capital improvements, and project management.
oFluency in English and Spanish with extensive hotel and resort experience throughout North America and the Caribbean.

CAREER HIGHLIGHTS
Led negotiations and financing for $51 million acquisition of two hotels and casinos in Puerto Rico.
Key contributor to the design, conception and ultimate completion of the Midtown Development in Orlando, Florida, which included one of the tallest condo hotel buildings in the city.
Escalated sales/marketing initiatives; realized profit in three months and grew sales to $30 million in 18 months.
Member of Tishman Hotels Corp operational management team assigned to The Westin River North Chicago, Four Point by Sheraton LA, The Westin Times Square, NY, The Westin Rio Mar Resort in Puerto Rico, El Conquistador Resort in Puerto Rico & El San Juan Hotel in Puerto Rico.
Key player in the conception, design, construction, opening & operations of four of the most successful casinos in Puerto Rico. They also run the most sophisticated casino technology in the Caribbean.
Key participant in the conception, completion, opening and purchasing transaction of seven luxury hotels in the Caribbean and USA; two properties rank among the biggest and most luxurious projects developed in the Caribbean over the last 15 years.

AREAS OF EXPERTISE

Hospitality Market / Industry Trends
Managed and negotiated HOA
Optimizing Operational Procedures
Casino License in the Caribbean
Disposition Strategies
Guest Satisfaction commitmentStrategic Business Planning
Budget & Forecasting
Acquisitions/Due Diligence
Franchise Agreements
Revenue Management

Operations Review & Assessments
Asset Management and Evaluation
P&L Review and Analysis
Labor Negotiation and Risk Control
Hospitality Development Projects Excellent Communication Skills
PROFESSIONAL EXPERIENCE

HOSPITALITY BUSINESS CONSULTANTS LLC - NPG HOSPITALITYAlpharetta, GA
Hotel Operations and Asset ManagementJuly 2008 to Present
Led expansion of a development company into the hospitality industry. Provided acquisition and consulting services including site identification throughout United States. Conducted due diligence of re-concepting and development strategies, management contract negotiations and feasibility analysis.
Streamlined financial reporting processes; implemented forecasting, budgeting and variance analysis for all development and acquisition projects. Structured partnership Agreement with realty capital provider to grow hotel development pipeline.

HOSPITALITY BUSINESS CONSULTANTS LLC - BROAD STREET PARTNERSOrlando, FL
Hotel Operations and Asset Management 2007 to June2008
Responsible for all hospitality real estate services. Identified acquisition opportunities and led due diligence process for development sites throughout Florida. Managed all capital expenditures on projects, prepare financial analysis and feasibility studies for investments.
Tasked with turning around an under-performing 272-condo/mixed-use project in Orlando, Florida. Converted the property into an upscale 280-room hotel with 15,000 square feet of meeting space, resort-style amenities, 156 branded residences, and office and retail space. Successfully re-launched project - property reached occupancy goals; residences sold out ahead of schedule.
Led numerous repositioning and development strategies. Negotiated management contracts and branding to improve ROI. Streamlined financial reporting processes, implemented forecasting, budgeting and variance analysis for all development and acquisition projects.

BUENA VISTA CORPORATIONOrlando, FL
Senior Director Hotel Operations and Asset Management2006 to 2007
Recruited to provide corporate level asset support and evaluate acquisitions for the companys hotel/condo development portfolio in USA and the Caribbean. Prepared financial statement to acquire the land and construction loans for the Midtown Development project; minimized risk and monitored debt refinancing and covenant compliance.
Key contributor to the design concept and completion of the Midtown Development in Orlando, Florida, which included one of the tallest condo hotel buildings in the city.
Spearheaded transaction to convert and sell 151 hotel rooms into luxury condo/timeshare project. Identified and negotiated management contracts, branding and marketing of units.
Led the due diligence process for the acquisition of the Amerisuites/Country Inn hotel deals at Disney. Led repositioning including renovation and new franchise agreements negotiations for the conversion into a new condo hotel. Led the process for HOA creation and acceptance. Managed hotel operations during transition and hired new operations team. Repaired the guest experience as part of the reposition.

AIRPORT SHOPPES & HOTELSSan Juan, Puerto Rico
Vice President of Hotel & Casino Operations2004 to 2006
VP of Operations managing day-to-day business of three hotels, 450 rooms and two casinos.
Led negotiations, due diligence and financing for the $51 million acquisition of two Four Point Sheraton Hotels and Casinos in Puerto Rico; spearheaded the refurbishments and successfully re-opened both hotels.
Implemented property monitoring metrics; guest satisfaction strategies, developed forecasting, budgeting, P&L review, variance analysis and financial statement and controls standards for each property and the division as a whole.
Penetrated the casino market in Puerto Rico; purchased two hotels and developed sites into two casino operations. Escalated sales/marketing initiatives; realized profit in three months and grew sales to $30 million in 18 months.
Introduced a local airline retail organization into the hospitality industry. Identified new business and project opportunities, managed capital expenditures, and performed feasibility studies.


TISHMAN HOTEL CORPORATION Orlando, FL
Director of Asset Management Southeast & Caribbean1995 to 2004
Tasked with providing corporate level asset support to the Westin Rio Mar Beach Resort and Country Club, the Radisson Deauville in Miami Beach and ad hoc projects as assigned.
Managed capital expenditure program, mortgage and lease/loan administration; assisted with all major business issues and agreements affecting the property. Maximized interest income associated with property sales by placing excess cash in short-term investments.
Led the $32 million acquisition of the Sheraton Hotel in Old San Juan, Puerto Rico.
Effectively converted 95 hotel rooms to condo properties; sold for more than $72 million. Led the process for the HOA creation and acceptance by new Owners.
Instrumental in establishing the resorts transportation company (Westin Rio Mar in Puerto Rico) played a critical role in successfully defeating two union campaigns in several hotel departments.
Point person for Tishmans Asset Management assignments for Prudential & Lemhan Brothers around the east cost of US. Grew the Tishman 3rd party management business by securing five new contracts between 2001-2004.
Acting General Manager to new deal assignments including The Radisson Deauville, The El Dorado Hotel and several others.
Prepared properties operational budget & forecasting in conjunction with the hotel executive team. Conducted monthly P&L review meetings.
Elevated companys hotel management and asset management status in the industry by consolidating resources and streamlining operations. Cultivated long-term relationships and negotiated contracts with key clients and owners across the Southeastern United States and the Caribbean.


EDUCATION

INTERAMERICAN UNIVERSITY OF PUERTO RICO, SAN JUAN, PUERTO RICO
Bachelor of Business Administration- (1984)
Management Human Resources Accounting







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