Hotels: Restructuring, Disruption, and Transformation Strategies for Post-Covid-19 Execution
By William Meyers, Managing Partner & Brian Ehrlich, Chief Investment Officer, Taurus Capital Partners
After the worst recorded year ever for hotel performance, 2021 appears to potentially offer some hope, though challenges for the industry remain. As of January 2021, U.S. hotel occupancy stood at 40%, down by 30.6% from a year ago; average daily rate (ADR) was at $90.3, down 28.1% from a...
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Brian Ehrlich is the chief investment officer and partner for Taurus Capital Partners. He previously was chief investment officer for Ensemble Hotel Partners, focusing on hotel investments and development; vice president of acquisitions & development for Kimpton Hotels; vice president of acquisitions & development for The Kor Group; a vice president for Eastdil Secured; and a principal at Lodging and Leisure Investment Advisors, focusing on hotel development, acquisition, and management consultancy. Ehrlich has a bachelor’s degree from Harvard University.
William Meyers is the managing partner for Taurus Capital Partners. Previously, he was a partner of Pygmalion Capital Advisers LLP, where he focused on European distressed hotel investments, and a director at xebec alpha Limited, an investment manager focused on alternative real estate strategies and private placement capital. His advisory and banking experiences were at Goldman Sachs, Hotel Dynamics, and GE Capital, among others. Meyers has a bachelor’s degree from Montclair State University, a master’s degree from New York University, and an MBA from City University of London.