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Pranav Patel, CHA

Executive Vice President

Executive Vice President at Milan Hotel Group

Charlotte, North Carolina Area

Section title

Pranav Patel, CHA's Email Addresses & Phone Numbers

Pranav Patel, CHA's Work Experience

Milan Hotel Group

Executive Vice President

2013 to Present

Extended Stay America

Regional Revenue Manager

November 2011 to September 2013

Wyndham Hotel Group

Manager, Franchise Development

May 2010 to November 2011

Pranav Patel, CHA's Education

Fairleigh Dickinson University

MS Hospitality Management

2008 to 2010

University of North Carolina at Charlotte

BS Finance Accounting

2005 to 2008

Pranav Patel, CHA's Professional Skills Radar Chart

Based on our findings, Pranav Patel, CHA is ...

Positive
Confident
Straightforward

What's on Pranav Patel, CHA's mind?

Based on our findings, Pranav Patel, CHA is ...

50% Left Brained
50% Right Brained

Pranav Patel, CHA's Estimated Salary Range

About Pranav Patel, CHA's Current Company

Milan Hotel Group

Frequently Asked Questions about Pranav Patel, CHA

What company does Pranav Patel, CHA work for?

Pranav Patel, CHA works for Milan Hotel Group


What is Pranav Patel, CHA's role at Milan Hotel Group?

Pranav Patel, CHA is Executive Vice President


What is Pranav Patel, CHA's personal email address?

Pranav Patel, CHA's personal email address is p****[email protected]


What is Pranav Patel, CHA's business email address?

Pranav Patel, CHA's business email addresses are not available


What is Pranav Patel, CHA's Phone Number?

Pranav Patel, CHA's phone (704) ***-*742


What industry does Pranav Patel, CHA work in?

Pranav Patel, CHA works in the Hospitality industry.


About Pranav Patel, CHA

📖 Summary

•Energetic, driven and teachable Hospitality professional •Passion for the Hospitality Industry. •Extensive relationships across the hotel and hospitality sector. •Collaborative problem solver. •Experienced managing diverse teams Specialties:Revenue Management, General and Property Management, Marketing, Franchise Contract Negotiation, Sales and Business Development, Marketing and Lead Generation.Executive Vice President @ From 2013 to Present (2 years) Regional Revenue Manager @ From November 2011 to September 2013 (1 year 11 months) Manager, Franchise Development @ • Responsible for converting hotels that want to leave their existing brand into to a Wyndham Hotel franchise brand. • Travel 50,000 miles/year cold calling hotels in seven states (North Carolina, South Carolina, Georgia, Tennessee, Alabama, Kentucky and Mississippi) to identify franchise conversion opportunities. • Leveraged an extensive network within the hospitality sector and built new relationships with developers, brokers, banks and existing franchisees. • Negotiated terms and closed deals with new franchisees. Interacted with corporate finance, franchise administration and the Brand leadership teams. • Served as the leading AAHOA Representative for Wyndham Hotels in the Southeast. From May 2010 to November 2011 (1 year 7 months) Portfolio Management Services @ •Renewed 20-year franchise contract for Days Inn, Ramada and Super 8 franchise brands. Contracts were worth $1.5 to $2 million over 20-years. •Develop High Risk/ High Value Model to Measure Risk of Termination to help Retention. •Built a model to track hotels’ performance relative to its market peers. Estimated and analyzed guest satisfaction scores; RevPar and Market share trends to identify properties at risk of terminating their franchise relationship with Wyndham. Result: Reduced company defaults by 50%. •Negotiate and Execute Bank and Receiver Temporary Agreements From July 2009 to May 2010 (11 months) Hospitality Consultant @ • Sold Hotel Cost Segregation projects by advising property owners of the benefit of reclassifying property components to take advantage of accelerated depreciation. • Educate property owners of the benefit of Cost Segregation. • Contacted hotel owners, regional developers and property managers in the Eastern U.S., including: New York, New Jersey, Pennsylvania, Maryland, Virginia, North Carolina and South Carolina. Cost Segregation is a “lucrative tax strategy” for both companies and individuals who have built, purchased, acquired, expanded or remodeled any type of commercial or industrial real estate. It is a re-allocation of qualifying components from real property to personal property through a detailed technical analysis of identifying and quantifying the cost factor and classification of each component. In a building that depreciates over 39 years for commercial, and 27.5 years for multi-family it allows the segregated components to be accelerated to 15, 7, and even 5 years. From January 2007 to July 2009 (2 years 7 months) MS, Hospitality Management @ Fairleigh Dickinson University From 2008 to 2010 BS, Finance, Accounting @ University of North Carolina at Charlotte From 2005 to 2008 Pranav Patel, CHA is skilled in: Franchising, Hotels, Hotel Management, Revenue Management, Property Management, Franchise Relations, SEO, Hotel Contract..., Hospital Operations, Marketing Strategy, OTA, Online Travel, Revenue Analysis, Property Management..., Contract Negotiation, Resorts, Hospitality, Hospitality Industry, Hospitality Management, Yield Management, Pre-opening, Hotel Booking, Food & Beverage, Management, Sales, Marketing, Leadership, Front Office, Tourism, Negotiation, Restaurants, Entrepreneurship


Pranav Patel, CHA’s Personal Email Address, Business Email, and Phone Number

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In a nutshell

Pranav Patel, CHA's Personality Type

Extraversion (E), Intuition (N), Feeling (F), Judging (J)

Average Tenure

1 year(s), 9 month(s)

Pranav Patel, CHA's Willingness to Change Jobs

Unlikely

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