Hospitality Entrepreneurship and Developing a Hotel: Glenn Malone, Wellengood Partners

This episode is brought to you by Knowing Hospitality - a hotel management company with a fee based on profit, not revenue. It's simple and straightforward.

Learn more about Knowing Hospitality's approach to profit-based hotel management agreements here ➡️ https://www.knowinghospitality.com

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Glenn is the President and CEO of Wellengood Partners, a hotel management and development firm based in Memphis, TN.

Have you ever wondered what goes on behind the scenes at a hotel ownership company? I have - and as a senior leader for several hotels and hotel management companies I was close to it for a long time but I always felt I had a knowledge gap in the air quote “business of hotels” side of the industry.

This episode tries to fill in the blanks as Glenn, who started as a busboy at a Holiday Inn, talks about his journey up the ladder to eventually developing and managing a hotel.
He shares great insight into the mechanics of how his company came to be, the pivot they made when they saw an opportunity to grow, how they went about financing their hotel and the lay of the land today as we emerge from this last downturn.

About Glenn

Wellengood President & CEO Glenn Malone co-founded the hotel management and development firm in 2002. As Executive, Malone plays an integral role in expanding the company’s long term hotel development, operations and ownership portfolio. He is one of the founding partners in AAA 4-Diamond hotel The Westin Memphis, which is one of Wellengood’s clients.

Raised on a farm in Mississippi, Malone’s career in the hotel industry started at age 16, having worked his way up from ground level positions to executive leader and ownership roles. His breadth of experience in the industry paved the way for him to successfully develop, brand, launch and operate an expansive and diverse hotel portfolio at Senate, ranging from properties of 80 to nearly 3,000 rooms, both franchised and non-franchised. Malone’s portfolio includes John Q. Hammons Hotels, Hilton Worldwide, Holiday Inn Worldwide, Gaylord Palms, Gaylord Texan Resort, Gaylord Opryland, Marriott, Embassy Suites, Homewood Suites and Hampton Inn Hotels.

Outside of the office, Malone is found traveling with family, enjoying outdoor sports or wrangling cattle back at the farm. His favorite vacation destination is Vail, CO, where you can find him snowboarding.

Links
Website: https://www.wellengood.com

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About this video:
Welcome to The Proven Principles Podcast! In each video Adam Knight from Knowing Hospitality interviews hospitality experts sharing insights, best practices and skills needed to help you and your business thrive.

#hospitality #podcast