Anderson will be responsible for the overall guidance and growth of The Dow Hotel Company. He will be involved in all aspects of hotel acquisitions and development of relationships with financial and institutional fund partners. He will work closely with company founder and CEO Murray Dow on operations and design.
The company plans to add up to five new management contracts to its portfolio over the next year, including a substantial portion of four- and five-star level hotels.
Promotes two of its senior general managers, Michael Pitstick and Steven Falciani, to the newly created position of regional vice president of operations.
The Dow Hotel Company (DHC), a hotel owner/investor and hotel management company, announced that it had acquired the 369-room Doubletree Hotel Chicago-O'Hare Rosemont in a joint venture with Prudential Insurance Company of America for an undisclosed amount from an affiliate of Lowe Enterprises.
The Dow Hotel Company, LLC, (DHC) a hotel ownership investment and management company, today announced that Alex Petrollini has been named general manager of the company's 161-room Crowne Plaza Lake Oswego in suburban Portland, owned by a joint venture between New Jersey-based Prudential Real Estate Investors and DHC.
