Author
Author

Scott Woroch

Partner and Managing Director, Kadenwood Partners

Scott  WorochPrior to co-founding Kadenwood Partners in 2015, Scott was Executive Vice President, Worldwide Development for Four Seasons Hotels and Resorts. In this role, he was responsible for overseeing Four Seasons global expansion, initially in Singapore for the Asia Pacific region, and since 2007, on a global basis in Toronto and London. He also was a member of the Company's Executive Leadership Team. During his tenure, Four Seasons grew from 53 hotels in 2000 to 96 hotels at the end of 2014. Scott has extensive relationships with hotel owners and investors worldwide, and was responsible for oversight of all aspects of Four Seasons' partner identification, investment, and unit growth. Prior to joining Four Seasons in 2000, Scott had a 10-year career in hotel development, representing both hotel companies and real estate owners, in Seattle with Westin Hotel Company and then in Chicago with Strategic Hotels and Resorts. Prior to entering the hospitality industry, he had a successful career practicing real estate law in Washington D.C. He has an A.B., cum laude, from Cornell University, majoring in Political Science, and a Law degree from the George Washington University National Law Center.

More about Scott Woroch

Insights by Scott Woroch (3)

In Step: Owners and Operators moving forward, together (or not)

Hotel owners and hotel operators need to work even more closely together to survive the unprecedented challenges of the Covid-19 pandemic. Hotel operators must establish procedures that prioritize the health and safety of employees and guests, in a highly visible way, in order to generate consumer confidence.

Strategy needs to be ON even when the world is OFF

Tthe lockdown specifically, and then the threat of the greater the likelihood that there will be more significant changes in behaviour. Certainly in the short term, when the recovery does start, large group and convention business will likely be the slowest to recover, as both travellers' willingness to meet in large groups, and corporates' ability financially to support those events will be compromised.

2020 Hotel Transactions and RevPAR

There are a significant number of headwinds facinthe latest being the Coronavirus/possibility of a global pandemic, and reduced travel levels; and "shaming" from air travel and its environmental ithat I think will all exert downward pressure on RevPar.
Advertisements