Capital Hospitality Group

Capital Hospitality Group (CHG) was formed in 1998 for the purpose of developing and acquiring properties that are located in urban markets or other locations that, because of scarcity of land or zoning restrictions, have limited opportunities for future development. Previously, the two principals of CHG worked together at Studio Plus Hotels to launch an aggressive growth plan that included doubling the number of hotels in the chain in 14 months. CHG will also selectively develop new hotels where the location provides significant barriers to entry. CHG has the resources and experience to support its strategy to act as manager/operator of hotels and to provide management services. Each of the principals of CHG has more than 25 years of experience in all aspects of the hospitality industry including finance and development.

Creighton R. Schneck
Director of Hospitality Consulting

Mr. Schneck has over 35 years of experience in the development and financing of commercial real estate. He is currently a principal in Capital Hospitality Group, which he formed in 1998 for the purpose of developing, owning and operating hotels. Prior to forming Capital Hospitality, he was Vice President and Director of Development for Studio Plus Hotels where he developed a total of 48 hotels in the Northeast, Southeast and Central regions of the country. Mr. Schneck also served as Vice President of Development for Tishman Speyer Properties in the Washington, D.C., metropolitan area and for 10 years was Senior Vice President for Western Development Company and was involved in the development of a portfolio of some 36 properties that included such landmarks as Georgetown Park, Washington Harbour, The Portals and four Mills Regional Malls. Mr. Schneck was also a founder and partner of Palisades Realty (which later became Faison Retail) that developed and managed neighborhood and specialty shopping centers. Mr. Schneck began his career in the Real Estate Department of Metropolitan Life, where he spent 10 years and served in offices in Manhattan and Chicago.

Michael Moriarty
Director of Hospitality Consulting

Mr. Moriarty is a Managing Partner with Capital Hospitality Group of Herndon, Virginia. He is a past Vice President of Marriott Corporation, where he spent 15 years serving in finance, operations and brand management positions. Mr. Moriarty also held the position of President of Studio Plus Hotels of Lexington, Kentucky, and as President of Travel Services Inc. of Del Ray Beach, Florida. He holds a BA degree from Iona College and an MBA from the Wharton School of the University of Pennsylvania. Mr. Moriarty is also a Certified Public Accountant.