Larry W. McGugan
EDUCATIONUNIVERSITY OF MEMPHIS, Memphis, Tennessee Bachelor of Business Administration
STATE TECHNICAL INSTITUTE OF MEMPHIS, Memphis, Tennessee
PROFESSIONAL EXPERIENCETHE HOTEL GROUP. Edmonds, Washington (08/2006 02/2009) Project Manager Project management responsible for leading, directing and managing hotel renovations for Company Owned. Scope includes complete renovation of public areas, guestrooms and corridors, signage, roof replacement, parking garage restoration, exterior painting and all other renovation related projects. Hotel renovation projects ranging from $10mm to $17mm. Directs and manages general contractors throughout completion of renovation projects. Coordination of design team consultants and general contractors throughout completion of projects.
DAVIDSON HOTEL COMPANY. Memphis, Tennessee (01/2004 06/2006) Project Manager On-site project management responsible for leading, directing and managing hotel renovations for Company Owned/Managed Hotels. Scope includes total re-do of public areas, guestrooms and corridors, roof replacement, exterior painting and all other renovation related projects. Hotel renovation projects ranging from $1mm to $15mm. Directs and manages general contractors throughout completion of renovation projects. Coordination of design team consultants and general contractors throughout completion of projects.
HATCHETT HOSPITALITY, INCORPORATED. Memphis, Tennessee (01/2003 01/2004) Project Manager On-site Project Manager responsible for leading, directing and managing overall hotel renovations for Residence Inns, Hampton Inns and Homewood Suites. Hotel renovation projects ranging from $100k to $6mm. Directs and manages general contractors throughout completion of renovation projects.
FELCOR LODGING TRUST, INCORPORATED. Dallas, Texas (01/2001 - 01/2002) Director, Capital Planning Direct and manage the annual capital expenditures planning and implementation for 85 company owned hotels, consisting of Embassy Suites, Doubletree Hotels & Suites, and Sheraton Hotels. Develop scope, budget and schedule for project completion, including FF&E installations and operations turnover, for major renovations for 3-5 owned hotels. Coordination of design team consultants and general contractors throughout completion and operations turnover, for normal and major capital renovations. Accountable for capital planning and tracking of company owned hotels. Projects include normal capital expenditures and renovations ranging from $50mm in total capital cost for 85 owned hotels to $5mm in total project cost for 3-5 owned hotels.
PROMUS HOTEL CORPORATION. Memphis, Tennessee (03/1999 - 10/2000) Director, Capital Management Direct and manage the annual capital expenditures planning and implementation for 287 company-managed hotels. Develop scope, budget and schedule for project completion, including FF&E installations for renovations and capital expenditures for 65 Embassy Suites. Accountable for capital planning and tracking of company managed hotels. Projects include normal capital expenditures and renovations exceeding $180mm in total capital cost for 287 managed hotels. Owners liaison for the FelCor managed portfolio consisting of 73 Embassy Suites. Responsible for development and administration of capital budgeting program, departmental data systems standards, procedures, and methods, for company managed hotels. Team leader in the design and implementation of modules of PeopleSoft computer software for project and purchasing management. Coordination of all design team consultants and general contractors throughout completion and operations turnover, for normal capital expenditures and renovations.
(07/1995 - 03/1999) Director, Project Management Direct and manage the annual capital expenditures planning and implementation for company-managed hotels, ranging from $10mm to $15mm in annual project cost. Provide project management and/or technical assistance for renovations and capital expenditures. Develop scope, budget and schedule for project completion, including FF&E installations for renovations and capital expenditures for Embassy Suites, Hampton Inns and Homewood Suites. Coordination of all design team consultants and general contractors throughout completion and operations turnover, for normal capital expenditures and renovations.. (01/1993 - 07/1995) Director, Hotel Capital Administration Direct and manage the annual capital plans and budgets for the company managed Hampton Inns and Homewood Suites. Direct the development and implementation of computerized system for issuing, scheduling, tracking, and expediting purchased orders and contracts. Direct the development and monitoring of computerized system for tracking capital inventories of FF&E for company-managed hotels. Responsible for negotiation of national contracts with vendors for FF&E and other hotel related supplies.
PROFESSIONAL HOLIDAY INN INCORPORATED. Memphis, Tennessee EXPERIENCE HAMPTON INN, INC. (CONTINUED) (12/1989 - 01/1993) Director, Operations Analysis Direct and manage the annual capital plans and budgets for the Hampton Inn Managed System. Develop scope, budget and schedule for project completion, including FF&E installations for renovations and capital expenditures for Hampton Inn Hotels. Coordination of design team consultants and general contractors throughout completion and operations turnover, for normal and major capital renovations. Responsible for the administration of service contracts for Hampton Inn managed hotels. Managed the statistical analysis and reporting of the Hampton Managed Hotels product quality rating, consisting of GSRS, on-site inspections and guest complaints. Accountable for the monitoring of pre-opening expenses for company managed Hampton Hotels.
HOLIDAY INN, INC. (04/1987 - 12/1989) Manager, Hampton Planning & Analysis Managed the development and implementation of the Hampton Inn System short and long range plans. Improved and administered capital budgeting program for company managed Hampton Inn Hotels. Responsible for the development of assumptions and procedures for the annual planning process for the Hampton Inn System. Accountable for providing analysis of cash flow projections, annual capital plans, and quarterly financial forecasts for owners of 19 Hampton Inn Hotels.
(09/1984 - 04/1987) Supervisor, Brand Strategy & Analysis Managed the development of a local county model database, which assisted Market Planners in the Holiday Inn Regional Offices. Accountable for the analysis and monitoring of two competitive databases.
(02/1983 - 09/1984) Planning Analysis Responsible for the development of models and analysis necessary to produce short and long range financial forecasts. Accountable for the preparation, analysis, coordination, consolidation and review of the long-range plan, annual plan, and quarterly review plan. Identified and analyzed major trends and opportunities. Monitored competitive hotels behavior and strategies.
(07/1980 - 02/1983) Intermediate Financial Analyst Responsible for preparation and consolidation of monthly Treasurers Report, consisting of balance sheet and cash flow. Accountable for preparation and consolidation of financial forecasts for strategic, annual and quarterly review process for four hotel divisions and the Hotel Group. Responsible for the annual facilities audit of all domestic hotels.
W. R. GRACE AGRICULTURAL & CHEMICAL COMPANY, Memphis, Tennessee (06/1970 07/1980) Held five financial positions throughout ten continuous years of employment. Majority of the positions included financial analysis of short and long range plans for the division. Worked closely with Division Senior Management and met annually with Corporate Management in New York, reviewing five year Business Plans and Annual Plans.
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