Combining decades of experience, Hospitality Asset Management Company (HAMCO) was formed in 1998 by Mark Morath, Edward Friedman and Bruce Heim. HAMCO linked hotel owners and operational successes, to create a cohesive management source for established hotels, and an opportunity for the development of new hospitality projects.
Hospitality Asset Management Company has surrounded itself with over 250 dedicated employees throughout its operations. The nucleus of the HAMCO staff is based in State College.
Over forty years of hospitality experience including multi-franchise and non-franchise hotel management, new construction development and coordination/management, consultation and ongoing multi-unit operations; developer, and investor in hotels, as well as other area businesses.
An operational expert having begun his career as a Holiday Inn bartender over twenty five years ago and working his way up to serve in a corporate role for Holiday Inn Worldwide as an Area Director overseeing a portfolio of 40 hotels. Knowledgeable of brands from Marriott, IHG, Wyndham, Choice and Hilton. Also has extensive experience in restaurant operations having developed and operated numerous restaurant concepts.
Over 10 years in the hospitality industry with direct assistance in new hotel development of construction, project management, hotel renovations, interior design and banking. Also has a background in day to day management, sales and marketing leadership, and franchise design compliancy.
Experienced with an extensive knowledge in Industrial-Organizational Psychology and a history of working in the hospitality industry. Skilled in statistical analysis, legal compliance, conflict resolution, and development of both people and polices. Focused on attracting service-minded employees with a potential for growth.
Over 13 years in the hospitality industry with a strong focus on optimizing revenue of all HAMCO operated hotels. Guides and directs the hotel management and sales teams to achieve established revenue goals and objectives. Ensures total guest satisfaction through employee training, motivation, and supervision.
A seasoned Hotelier with extensive multi-franchise operating leadership. Specializes in financial management services, new hotel development and asset design and renovations. With thirty-five plus years dedicated to the industry, his experience from operations to construction coordination is unparalleled.
A Penn State Hotel, Restaurant Management graduate with years of specialized experience in luxury guest service and hotel operations. Manages the continuity processes with oversight responsibilities in the financial and legal aspects of the organization.
A visionary in the marketing field with years of specific experience in aligning brands with their tailored consumer. Administers marketing efforts and is responsible for attaining sales targets, building up distribution channels, establishing tactical business relations, and ideas for all strategic sales plans.
Accountant with years of expertise in public accounting, auditing, and hospitality. Provides leadership for all financial areas including budgeting, return on investment, proforma creation and tax reporting. Develops and maintains standardized practices and procedures for timely and accurate reporting.
An innovator in the field of computer technology combined with an entrepreneurial expertise. Administers franchise systems’ relationships and operational infrastructure. Troubleshoots and manages franchise proprietary property management systems.
Extensive managerial experience specializing in inventory control, purchasing, and maintenance for high volume specialty shop operations.
Our properties have been honored multiple times with Franchise Hotel of the Year, Quality Awards, and Chairman’s Award recognitions. Our hotels consistently score in the 95th percentile of their unannounced inspection processes. As a multi-faceted organization with available expertise in all segments of hospitality development, operations, and continuing management, Hospitality Asset Management Company is proud of its history and associations. It recognizes and appreciates its responsibilities to its business associates, owners, and franchise partners, while maintaining an atmosphere of quality for guests and clients served in its operations.