Brent McDowell has been named Chief Executive Officer (CEO) at MXR Hospitality in Germantown - TN, USA
Extended stay hotel developer and property management firm MXR Hospitality (MXR) today named industry veteran Brent McDowell, currently Chief Operating Officer for McNeill Hotel Company, as its inaugural Chief Executive Officer.
MXR is a strategic partnership of RREAF Holdings, a privately held, vertically integrated real estate investment and development firm, and renowned hospitality investor Phillip McNeill, Sr. Kip Sowden, Chairman and CEO of RREAF Holdings, and Phillip McNeill, Sr. made the announcement.
In this role, McDowell will be responsible for supervising all operating units of MXR Hospitality, to include hotel development, third-party property management assignments and brand relationships, hotel sales and acquisitions, human resources, administrative functions, and new business development. In addition, McDowell will work closely with Eric Watts, newly appointed MXR Hospitality President, in guiding the firm's strategic direction.
McDowell previously joined McNeill Hotel Company upon its formation and was instrumental in its growth, which included the development, design and construction of 7 new-build hotel projects and the acquisition of an additional 14 hotels as of the end of 2022. As Executive Vice President, Business Development and Chief Operating Officer for McNeill Hotel Company and with nearly 30 years in the hospitality industry, he has been responsible for the growth of the platform's investment vehicles, as well as helping develop MHC's reputation for excellence in caring for guests, empowering team members, and serving the interests of owners and investors. McDowell is a graduate of the University of Memphis with a Bachelor of Business Administration.
Prior to joining McNeill, Brent served as Vice President of Pillar Hotels & Resorts Construction, where he was responsible for the strategic capital planning and execution of capital expenditures for a portfolio of more than 300 hotels encompassing 10 hotel brands. His hospitality career also includes serving as Asset Manager in the Realty Management Division for Goldman Sachs, providing oversight for nearly 100 properties across multiple major brands.
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