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M I K E  P A T E L 1
 

M I K E P A T E L 1

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    M I K E  P A T E L 1 M I K E P A T E L 1 Presentation Transcript

      • “ You could say he is a banker with a game plan, with the rules borrowed and improvised from life and sports”
      Presented by Mohammed Shakeel ur Rahman Inayatullah Mukesh Patel
    • Bringing together good people, good products and good procedures ... to create good profits. That's what the Diplomat Companies are doing, in hotels as well as in several allied businesses ... businesses which have been strategically selected to compliment the parent company's core hotel expertise.
      • Born in Uganda and raised in London
      • First went to America to play soccer in Atlanta
      • Grew up stocking shelves to help his father expand his business
      • In 1979 at the age of 18 - Holiday Inn in Pell city, Alabama
      • Started with $ 200 investment
      • Working out a deal with railroad companies
      • 1996 Atlanta Centennial Olympic Games
      • To acquire, own, rehabilitate and manage Hotel properties
      • Buying existing hotels - thus saving capital
      • Bringing in their own management style which values and gives responsibility to the hotel's employees
      Recipe for success
      • The harder I was taken down the harder I came back up
      • Working against something is a challenge but very rewarding
      • No pain, No gain
      Lessons
      • Nashville and Chattanooga, Tennessee
      • Today they have 16 hotels
      • In October 2002 Gwyneth county ,operated by Kemmons Wilson
      • Horizons Bank in 2003
      • In March 2007 Budgetel - United states and Canada
      Acquisition n Expansion
      • Diplomat Hotel corp.
      • Diplomat Risk services
      • Premier Risk services
      • Horizon insurance services
      • VPrologic
      • Travel services
      Allied Businesses
      • President - Diplomat Hotel corp.
      • Chair man - Horizon Bank
      • Asian American Hotel Owners Association (AAHOA)
      • American India Foundation
      • 12 point fair franchising
    •  
      • Thank you