US operator brings hotel investment specialist on board
KSL Resorts, KSL Capital Partners’ independent management company, has appointed a new vice president of investments and business development.
Nordee Saritvanich will be tasked with expanding KSL Resorts’ growing boutique resort platform, targeting leisure-based, boutique hotels in secondary and tertiary destination markets nationwide.
Investment opportunity sourcer
With over 15 years of commercial and hotel real estate experience, Saritvanich is adept at sourcing and securing new investment opportunities.
Prior to KSL Resorts, Saritvanich served as vice president of Pacifica Hotels/Invest West Financial Corporation, a full-service real estate investment firm. There, he led Pacifica’s investment strategy and expanded its portfolio through new acquisitions. Saritvanich also brings with him extensive experience from globally recognised companies, including Jones Lang LaSalle and HVS Global Hospitality Services.
Saritvanich earned a Master of Science degree in real estate finance and investments from New York University and a certificate in hotel real estate investments and asset management from Cornell University. He holds a Bachelor of Arts degree in psychology from the University of California, Irvine.
Experience and talent
According to Michael Palmeri, chief investment officer of KSL Resorts: “Nordee brings a great combination of experience and talent, and we are thrilled to have him join the KSL Resorts leadership team as we aggressively grow the platform.”
President and CEO, Scott Dalecio, said: “KSL Resorts’ 30-year history and successes are rooted in the investment and operation of destination resorts. We see a unique opportunity to parlay that expertise into the boutique hospitality segment.”
The company recently acquired the 124-key Vespera Resort on Pismo Beach, an Autograph Collection hotel, in Pismo Beach, California, and 96-key Marram in Montauk, New York, and has plans to grow the portfolio to more than 20 assets by 2025.
The group’s investment firm, KSL Capital Partners, is currently bankrolling several European developments including a pair of edyn properties, Locke de Santa Joanna Lisbon in the Portuguese capital and Locke Zurich in Switzerland. The investor is also involved in two Beaumier Hotels & Resorts projects in Bern, Switzerland: Hotel Belvedere and Wengener Hof.
Bob van den Oord outlines how the global company will achieve its target of 50 operating sites over the coming years. What does Langham Hospitality Group’s hotel pipeline currently look like? We have 32 hotels in operation and 12 in the pipeline. With our new and...
Chris Nader, who has an extensive hotel development background, outlined to THP News why the relatively recent brand has an incredibly bright future. What does Envi Lodges’ pipeline currently look like? Our development pipeline showcases a series of lodges that we are...
In this position, Dhruv (DJ) Jain is charged with managing deal flow and underwriting to help grow and diversify KSL Resorts' portfolio. Seasoned professional A seasoned commercial real estate and hospitality industry professional, Jain has a strong background in...
Krista Sprenger has become chief development officer, while Andrew Bodziak has joined in the newly-created role of executive vice president, hospitality. Asset development In her role, Sprenger will be responsible for developing, redeveloping, and reprogramming...
Page will oversee each of the group brands’ development throughout the region, encompassing 1 Hotels, Baccarat Hotels, and Treehouse Hotels. Upcoming openings SH Hotels & Resorts’ next regional opening will be 1 Hotels & Homes Melbourne, featuring 277...
Anmol Bhojwani has been appointed to the role and is tasked with expanding the business. Doubling footprint He will join Generator’s senior team in introducing the brand to new markets and adding locations across the globe. The lifestyle hotel line’s aim is to double...