LUIS ACOSTA

Vice President of Development

 

Luis Acosta is a highly accomplished hotel and resort development professional. He joined Wischermann Partners in 2008. Luis is responsible for the growth of Wischermann’s managed property portfolio. During the past three years, he has been instrumental in sourcing and executing seven upper-upscale hotel acquisitions with nearly 2,000 hotel rooms. Luis is the liaison to a Minneapolis-based equity fund, who acted as the capital partner for a significant portion of these transactions.

Luis has established deep relationships with the national brokerage community and brand development teams, ensuring up-to-date information and excellent deal flow.

From 2001 to 2008, Luis was Regional Vice President Development for Carlson Companies; initially responsible for the growth of Regent Hotels Worldwide, and consequently responsible for the growth of Radisson. From 1983 to 2001, Luis held positions as Vice President Development, Ritz-Carlton Hotel Company; Vice President Development and Project Management, Marriott International; Vice President Development, Hilton Hotels Corporation; Senior Vice President Development, Ramada Inc.; and Associate, Laventhol & Horwath International.

During his career, Luis has played a major role in the development, and project management of several well-known hotels and resorts including Regent Hotels in Berlin, Germany; Bal Harbour, FL; Boston, MA; Ritz-Carlton Resorts at Half Moon Bay, CA; Bachelor Gulch, CO; Marriott’s Desert Ridge Resort, Phoenix, AZ; The Pointe Hilton Resorts, Phoenix, AZ; and Hilton Universal City, CA. He has supervised and or conducted market positioning studies and economic feasibility analysis for over 100 hotel, resort, conference center and restaurant projects; and evaluated and negotiated well over 100 management, joint venture and franchise agreements for new and existing developments.

Luis holds a Bachelor of Science in Hotel Administration from Cornell University and a Master of Business Administration from Carlson School of Management, University of Minnesota.