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ALLEN J. OSTROFF, Hotel Dynamics – Asset Management

Mr. Ostroff’s 25 years as Managing Director of Prudential Insurance Company’s Realty Group provides immense stability and a wealth of experience in structuring acquisitions, development, asset management and financial structuring. His expertise and successes in overseeing investments as well as operations in four and five star hotels, either wholly owned or in joint venture, representing 30,000 rooms and 175 restaurants, adds significant management depth to focus on the core issues of control, efficiency and delivering profits.

His profound knowledge of the hotel business allows him to lead the key due diligence process and financial structure in hundreds of acquisitions.

Prior to joining Prudential, Allen served as the General Manager of the 1,000 plus room New York Hilton, Operations Manager at New York’s famed Waldorf Astoria and Group Vice President of Americana Hotels. His expertise in hotel operations and strict control of cash promises the delivery of maximum cash flow from operations.

His professional affiliations include The American Hotel and Motel Association, New York University, Cornell University and the Culinary Institute of America.

 

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