Michael Silberstein

Hotel Executive

New York, New York, United States

About

Accomplishments: General Manager of the Crowne Plaza Times Square ◊ Opened the hotel as General Manager in 1990 ◊ Took over the hotel in 2009 and grew RGI from an average of 88 to 103.4 and 104.2 ◊ Won IHG RevPar Award for best RGI improvement for 2009 ◊ Won IHG Forecast Award for most accurate forecasts for 2010 ◊ Rebuilt Corporate negotiated strategy analysis ◊ Implemented a new award winning hotel web site Vice President of Crowne Plaza managed and owned hotels in the Americas ◊ Supervised 15 hotels in Canada, Central and South America with revenues exceeding $500M employing 5,000 professionals ◊ Improved GOP by 20% and 27% consecutively ◊ Wrote new operating manuals for Crowne Plaza managed hotels which was used by the company for 5 years ◊ Ranked 26th as best manager out of 1,900 executives in an employee survey conducted by the Gallup Organization for Bass Hotels President of the Coleman Group ◊ Increased GOP by 24% for two boutique hotels (Whitehall and Tremont, Chicago) by combining back of house operations ◊ Kept The Whitehall Chicago as the only Five Diamond hotel in Chicago even after the Ritz Carlton's opening President of Crescent Height Hotels ◊ Converted the 1100 room Ala Moana from a two-star hotel to a luxury condo hotel which netted the company $70M in profit ◊ Converted 170 room two-star Raphael, Chicago to The Raffaello, a luxury condo hotel netting the company $1 M in profit Community ◊ Times Square Alliance, formerly BID - One of the founders and Chairman for three years, that improved Times Square area which then became one of the world’s most popular tourist destinations

Experience

  • General Manager at Crowne Plaza Times Square
    Mar 2009 - Jul 2012 · 3 yrs 5 mos

  • Asset Manager at The Plaza Hotel
    2003 - 2005 · 2 yrs

    Represented the owners of The Plaza Hotel, New York

  • Managing Director at The New York Palace Hotel
    2001 - 2003 · 2 yrs

    Managed 1000 room luxury hotel.

  • Vice President - The Americas at Crowne Plaza Hotels
    1996 - 1999 · 3 yrs

    Supervised 15 owned and managed hotels in five countries in the Americas. ($500M revenues, 5700 rooms and over 4000 employees).