StepStone Hospitality
Thomas Russo has a extensive work experience in the hospitality industry. Thomas started their career at Howard Johnson's, where they held various executive positions, including President of Restaurants and Hotels. Thomas then went on to become the President and Chief Executive Officer of Ponderosa Inc. & ESI Meats, where they operated and franchised over 800 restaurants. After that, they served as the Chairman and Chief Executive Officer of Hanson Industries Housewares Group, overseeing consumer durable businesses in the United States, the Far East, and Europe. Following this, they became the Chairman and Chief Executive Officer of Miami Subs, and later American Hospitality Concepts, Inc. Currently, they are the Chief Executive Officer and Managing Partner of StepStone Hospitality, where they provide strategic leadership for a portfolio of hotels including Marriott, Hilton, Wyndham, and Independent properties.
Thomas Russo has a Bachelor of Science (B.S.) degree from Fordham University. Thomas also completed the Advanced Management Program at Chewton Center in Bristol, England. Additionally, they hold a Doctor of Business Administration degree in Foodservice Management Honoris Causa from Johnson & Wales University.
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StepStone Hospitality
StepStone Hospitality specializes in management for full service hotel and restaurant operations. Our mandate is to create asset value for owners through a customized, hands-on philosophy. This is particularly true for both branded and independent operations including urban boutique hotels, resorts, and destination restaurants and bars. Our associates maintain a balanced focus between revenue enhancement, margin expansion and guest satisfaction. StepStone Hospitality, partnering now with Hotel Asset Value Enhancement, Inc., was formed in response to requests by institutional and private owners to provide third-party management for upscale hotels, resorts and restaurants. StepStone Hospitality’s team provides a unique combination of strong, hands-on operations, world-class strategic asset management, and food and beverage expertise, generating the highest possible investment returns during all phases of the economy. A major element of our overall strategy is always, of course, to surpass both guest and owner expectations.