Thomas Morone, Emeritus

Bio

Thomas Morone is the Managing Director and Executive Vice President of the West Coast office of CHMWarnick and is responsible for consulting and asset management. Tom is well known in the industry for his 40-plus years of industry expertise, including general hospitality consulting, corporate acquisition/disposition, management/franchise selection and contract negotiation, hotel and resort brokerage, strategic planning and market positioning, hotel operations and litigation support.

Prior to the forming of CHMWarnick, Tom opened the Los Angeles office of Warnick + Company and served as a Principal of the firm. Tom was also the Vice President and Manager of Colliers International Hotel Realty – Los Angeles. At Colliers, Tom was responsible for hotel brokerage services, with an emphasis on larger projects. Among others, he was involved in the sale of hotels such as the Hyatt Newporter in Newport Beach, the Airport Marina Hotel, Retail, and Commercial Center in Los Angeles, the Midland Hotel and office complex in Chicago and the Olympus Hotel in Salt Lake City.

Tom has advised many clients on the market and economic feasibility, programming, franchise branding, and management company selection for their hotels. He has also assisted in clients' decisions to buy, sell, or hold and has executed several innovative solutions for his real estate clients.

Prior to entering brokerage, Tom was Vice President, Corporate Development with Omni Hotels and was a Director of Development with Doubletree Hotels. He has managed regional corporate development and real estate activities throughout the United States. His consulting skills were developed as a Senior Consultant with Pannell Kerr Forster, Los Angeles; and honed his own practice, Hospitality Systems, Inc., which he founded in 1979. Tom has extensive hotel operating experience, has opened new properties, and repositioned several hotels and restaurants. He began his hotel career with Western International Hotels, now Westin Hotels, where he was a member of the opening teams for the Peachtree Plaza Hotel in Atlanta and the Westin Bonaventure Hotel in Los Angeles.