Howard Hospitality Group invests by acquiring real estate with high potential in proven markets, and transforming it into sustainable, high-yielding assets. Our current projects indicate 5-year levered IRRs in excess of 25%. We invest our own funds first in every project. This ensures alignment of objectives, a common goal of maximizing investor returns, and centers our business on ownership and accountability.
But First We Build Trust.
Howard is a successful real estate entrepreneur and formerly Co-CEO of The Sitzer Group, a privately owned property developer and manager. His proven management acumen combined with exemplary personal skills has built a first class reputation of sustained success over many years. He helped to build and develop his family business into a highly respected property developer and manager of shopping centers, before becoming a resident of the Cayman Islands and co-founding HHG to focus on the global hospitality industry. After finishing business school, and before joining his family company, Howard spent several years as a marketing executive with Colgate Palmolive and Campbell Soup. Howard was born in Toronto.
Michael is one of the most experienced executives in the global hospitality industry. He has led the development and operation of over 200 projects on five continents, maintaining close relations with leading hotel, restaurant, entertainment and fashion brands. Michael has chaired both listed and private companies and was formerly Chairman of the Wilkings Hospitality Group, President of Ministry of Sound International, CEO of Juliana’s International and CEO of Leisure Resources Group. Michael has lived and worked in London, New York, Tokyo, Dubai and Toronto, and is now a resident of the Cayman Islands. He earned an honors degree from the University of Leicester and completed post- graduate studies at the London School of Economics. Michael was born in London.
Julian trained as an accountant before entering the financial services industry over 30 years ago. He worked for some of Europe’s largest financial companies, including Prudential, and has experience in Insurance, Investment, and Structured Risk Transfer. Before moving to the Cayman Islands in 2004, he was Director of Strategic Partnerships in the UK at AXA Life, part of the world’s largest Financial Services Company, and was responsible for devising and implementing joint ventures with some of the world’s major financial institutions including National Australia Bank. Typically these were multi-jurisdictional structures making use of offshore locations. In the Cayman Islands, he set up a specialist provider of Risk Management, Investment, and Corporate Structuring solutions for publicly and privately owned businesses, including BNY Mellon. Julian moved back to Europe in 2013 and provides corporate structuring advice to new or developing companies, including working with Capita to integrate several Lloyd’s of London brokerages, and taking an energy company to the main board of the London Stock Exchange. He is also a director of a number of hedge funds and privately held investment companies.
Jonathan is a seasoned executive in real estate development and finance with over twenty-five years of experience, most recently serving as COO and CFO of Vista Development Ltd., the developer of the W-branded resort currently under development in the Turks and Caicos Islands. Previously he was Managing Director and CFO for the West Caicos Reserve projects, a $1B enterprise that was to include the first Ritz-Carlton Reserve, villas, condominiums, single-family estate homes, cottages, marina townhomes, a world-class marina facility. Jonathan is also CEO of Exquisite Caribbean Resorts LLC, the master developer of the historic UNESCO World Heritage Site known as the Jalousie Estate located in St Lucia. He has an extensive background in the investment banking industry, and worked at LF Rothschild, Drexel Burnham Lambert, and Donaldson, Lufkin, and Jenrette, Inc. He co-founded the Grand Charter Group and its broker/dealer subsidiary, Prime Charter, Ltd., and was Chairman and CEO of Global Capital Markets, LLC, a full-service brokerage firm. Jonathan graduated Cum Laude from the University of Pennsylvania with a BSEE, and Suma Cum Laude from Syracuse University with an MSCE.
Jim has been involved in commercial development internationally, as both a developer and consultant, for 30 years. After graduating from McGill University in Montreal, Jim spent ten years in the advertising business, working at Ogilvy & Mather and J. Walter Thompson. He moved to Australia in 1987 and managed a hotel design company that was involved in resorts and hotels across the country. Relocating to Singapore in 1990, Jim founded the Asia office of Design International, a commercial development consultancy, and advised on more than 50 large retail mixed-use projects throughout the region. In 1996 Jim became Director of Development, based in Hong Kong and Tokyo, for TrizecHahn, a $6bn NYSE-listed commercial development company, and formed a JV with Seibu Department Stores. In 2006 Jim led development for IMC Group of Singapore and Shanghai and oversaw a large township project in Chengdu and a mixed-use complex in Qingdao. Most recently, Jim was Regional Director of Asia for Forrec, based in Shanghai, and involved in many large integrated resort and theme park projects across Asia.
James is a non-executive director of HHG, having accumulated a lifetime of diverse experience in financial services internationally. He lives and works in the Cayman Islands in a senior management position for a leading international bank. James previously worked for Coutts Bank, Axa and Barclays Bank. James has held senior positions in financial management as well as sales and marketing and holds a Financial Planning Certificate from the Chartered Insurance Institute in the UK. James was born in Scotland.
Social and Corporate Responsibility
BUILDING A BETTER WORLD, TOGETHER
HHG is committed to supporting causes that are near and dear to our hearts, the environment, sustainability and community development. We strive to make sure each and every establishment we develop and operate has as little impact on the earth as possible. We use the best construction practices possible, choosing cost-effective building designs, environmentally friendly materials and implementing sustainable operating procedures. In the Cayman Islands – which we call home – we strive to contribute to the economy in a positive way, employing more than 50% Caymanians at our corporate office and at the property level. On a larger scale, we aim to build partnerships that benefit local and global organizations, our communities, the company and our employees. We take corporate social responsibility very seriously and it affects our decisions and actions at every level of the organization.