With over 38 years of experience in the hospitality industry, Tom Morone has a diversified background including litigation support, asset management, strategic planning, management and operations, hotel real estate brokerage, management contract selection, and branding. Tom is a licensed real estate broker in three states, is a frequent speaker at industry conferences, and publishes and contributes regularly to industry publications. He is a member of CCIM, a certified mediator and arbitrator, and is Chairman of the ISHC.
Thomas Morone is a principal of Warnick + Company (W+C) and manages the Los Angeles practice. At W+C, Morone manages an active and diverse consulting practice and is responsible for the hotel real estate brokerage activities for the company. Before opening the Los Angeles office of W+C, Tom was Vice President and Manager of Colliers International Hotel Realty-Los Angeles. His background also includes being 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 in his own practice, Hospitality Systems, Inc., which he founded in 1979. Mr. Morone 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.
Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:A:
• Certified Commercial Investment Member (CCIM)
• Certified Mediator, Arbitrator, Issue Review Board (Conflict Resolution)
• Florida International University, Miami, FL, Bachelor of Science in Hotel Administration
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A:
• Certified Commercial Investment Member (CCIM)
• International Society of Hospitality Consultants (ISHC), Chairman
• National Association of Realtors
• South Bay Association of Realtors
• Licensed Real Estate Broker, State of California • Since 1995
• Licensed Real Estate Broker, State of Arizona • Since 1999
• Licensed Real Estate Broker, State of New York • Since 2007
Q: Please list any teaching or speaking experience you have had, including subject matter:
A:
Experience:
• America’s Lodging Investment Summit, Speaker/Moderator • 2004, 2005, 2007
• HD Expo & Conference, Speaker • 2007
• International Hotel/Motel & Restaurant Show, Speaker • 2006, 2007, 2008
• JMBM’s Meet the Money, Speaker/Moderator • 2004, 2006, 2007, 2008, 2009
• The Hotel Developers Conference, Moderator • 2007, 2008
Topics:
• Asset Management
• CapEx
• Capital Markets
• Franchising
• Management & Leadership
• Management Contracts
• Real Estate
Q: Have any of your accreditations ever been investigated, suspended or removed? (if yes, explain)
A: No
Q: On how many occasions have you been retained as an expert?
A: Fifteen
Q: For what area(s) of expertise have you been retained as an expert?
A:
• Real Estate and Related (Contracts and Assets)
• Hotel Operations
• Management Contract Issues
• Misrepresentation
• Branding
• Condo-Hotels
• Hotel Operating Standards and Quality Ratings
• Hotel Procurement Practices
Q: In what percentage of your cases were you retained by the plaintiff?
A: Approximately 50 percent of the cases
Q: In what percentage of your cases were you retained by the defendant?
A: Approximately 50 percent of the cases
Q: On how many occasions have you had your deposition taken?
A: Thirteen
Q: When was the last time you had your deposition taken?
A: March 2009
Q: On how many occasions have you been qualified by a court to give expert testimony?
A: Three
Q: On how many occasions have you testified as an expert in court or before an arbitrator?
A: None
Q: For how many years have you worked with the legal industry as an expert?
A: Ten
Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
A:
Warnick + Company is a strategic advisory firm that provides professional services for hospitality and recreational real estate including, but not limited to, the following.
• Business Strategy • Investment Analysis • Development Planning • Deal Structuring • Hotel Operations Assessment and Profit Improvement • Ligitation Support • Development Management • Asset Management • Receivership • Contract Negotiation • Repositioning Strategy and Execution • CapEx Administration • Debt and Equity Placement • Workouts • Real Estate Brokerage
References
Mr. David E. MatthiesenBickel & Brewer
4800 Bank One Center
1717 Main Street
Dallas, TX 75201
(214) 653-4854
DEM@bickelbrewer.com
Mr. Andrew Cattell
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, NY 10017
Phone: 212-455-2000
acattell@stblaw.com
Mr. Greg J. Scandaglia
Scandaglia & Ryan
55 East Monroe Street, Suite 3930
Chicago, IL 60603
Phone: 312-580-2054
gscandaglia@scandagliaryan.com
