Professional Profile

Steven Marx

Steven Marx

smarx@hotelsource.com

Education

Michigan State University
East Lansing, Michigan
Bachelor of Arts;
College of Business,
School of Hotel Management

DePaul University
Chicago, Illinois
Master of Business Administration;
College of Business

Archeworks
Chicago, Illinois
Graduate;
Multidisciplinary Design School

New York University
New York, New York
Certificate;
Real Estate Finance Investment

Professional Experience

Hotel Source, Inc.
Chicago, Illinois

Principal; Managing Broker
Oversee and founded hotel real estate brokerage and consulting firm whose services include financial analysis, marketing, buyer representation, expert witness and value creation. Represented institutional, private equity, management firm and entrepreneurial owners.
Key Achievements: Spearheaded marketing strategies to sell hotels under challenging circumstances. Earned reputation for accountability and maximizing value.

HBTC

Managing Member
Lead a private investment company focused on distressed hotel acquisition. Key Achievements: Acquired a 114-room foreclosed hotel from lender. Renovated, repositioned and converted it into an InterContinental Hotels Group franchised hotel. After eight consecutive years of growth, assisted in recapitalizing asset.

Ignite Curiosities
2013 – Present

Founder
Curate and promote travel lifestyle website exploring discovery, authenticity and curiosities.

Operations & Branding Experience

East China Normal University
Shanghai, China

Adjunct Professor
Taught a Hospitality Brand Design graduate course to
students from Paul Bocuse Institute; Emlyon Business School – Lyon France.

Fairmont Hotel
Chicago, Illinois

Project Manager; Assistant Director of Room Operations
Opened 692-room luxury hotel, member Leading Hotels of the World. Wrote and implemented operational and administrative procedures, and represented management as liaison between ownership and developer.

Hotel Partners, Inc. – Chicago, Illinois; Founding Member and Broker
Four Seasons Hotel – Boston, Massachusetts; Food and Beverage + Rooms
Hyatt Regency – Hilton Head Island, South Carolina; Rooms + Human Resources
Holiday Inn Lake Shore Drive – Chicago, Illinois; Rooms
Knickerbocker Hotel – Chicago, Illinois; Rooms
Kellogg Center – East Lansing, Michigan; Rooms
Sheraton Inn – Homewood, Illinois; Food and Beverage

Additional Studies

Applied Brilliance – Global Innovation Symposiums held in Havana Cuba, Brooklyn and New Orleans
DePaul University – Southeast Asia Business Studies held in Thailand, Laos and Vietnam
Ecole Hotelière – Lausanne, Switzerland
Cornell University – Ithaca, New York

Memberships & Affiliations

International Society of Hospitality Consultants (ISHC) – Member
Chicago Architecture Foundation – Lead architectural walking tours since 1994
DePaul University – Advisory Board for School of Hospitality Leadership
Michigan State University – Advisory Board for School of Hotel Management
Real Estate Broker – Licensed in multiple states

Additional Accomplishments

Contributing Writer
Crain’s Chicago Business, Mortgage Banking, Scotsman Guide

Guest Lecturer
Crittenden, DePaul University, Kendall College, Michigan State University

Chicago Spots Founder
Featured in Chicago Tribune, Money Magazine