Team

namics, LLC

175 Waverly Avenue

East Rockaway, NY 11518

Hospitality and Real Estate Advisory Services

Hotel Dynamics, LLC

175 Waverly Avenue

East Rockaway, NY 11518

Allen J. Ostroff

Principal

Allen_Ostroff_Pic

Allen Ostroff founded Hotel Dynamics in 1986. Since that time, the firm has been engaged in many facets of the hotel industry including due diligence, management contract negotiation, expert testimony, asset management and repositioning and ground up development.

Allen was previously the Managing Director of Prudential Insurance Company’s Realty Group where over the course of 25 years he provided a wealth of experience in structuring acquisitions, development, and asset and financial management. During this time, he created a $3.6 billion hotel equity portfolio and a $1 billion shopping center portfolio. His expertise and successes in overseeing investments and operations in 4-5 star hotels representing 30,000 rooms and 175 restaurants adds significant management depth and focus on the core issues of control, efficiency, and value maximization.

Mr. Ostroff knows the hotel business, having led the key due diligence process and financial structuring in over 200 acquisitions. Prior to joining Prudential, Mr. Ostroff served as the General Manager of the 2,000 plus room New York Hilton, Operations Manager at New York’s famed Waldorf Astoria, and Group Vice President of Americana Hotels.

Bruce F. Ostroff

Principal

Bruce_Ostroff_Pic

Bruce Ostroff has been with Hotel Dynamics since 2004. Mr. Ostroff has extensive experience in the financing, development and operation of hospitality projects. Bruce performs many of the asset management functions including market feasibility and underwriting. As an example, Bruce performed extensive work at the 1.3M sf New Yorker Hotel including strategic planning, analysis of operating performance, benchmarking, and development of financing strategies. He was responsible for project management and the development of financing documents as the Owner’s Representative which enabled the New Yorker to obtain $65M of construction financing for the renovation of the hotel.

Prior to joining the firm, Bruce worked for PriceWaterhouseCoopers in various roles with a special focus on information technology. He graduated with an Economics degree from Cornell University and holds a Masters in Business Administration from New York University. He started in the hotel real estate sector consulting and appraising properties with Hospitality Valuation Services. There he performed appraisals and market studies of hotel assets for acquisition, disposition and legal disputes.

Team