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David Mccaslin is a seasoned executive with 30+ years of experience in hospitality and management, including roles at Lincoln Hotels Limited, Westin Hotels & Resorts, and various private equity firms. He holds a BS in Food Service/Lodging Administration from the University of Missouri-Columbia and has received the Distinguished Alumni Award. His expertise includes budgeting, catering, banquets, and customer service.

Experience

  • CapStar Advisors
    • Philadelphia, Pennsylvania, United States
    • Partner
      • Sep 2023 - Present
      • Philadelphia, Pennsylvania, United States

      Advising companies and funds on mergers & acquisitions and value improvement projects. Partnering with my former Colleague at MeriStar, Paul Whetsell

    • Chief Development Officer
      • Feb 2020 - Dec 2023
  • Hersha Hospitality
    • Greater Philadelphia Area
    • Executive Vice President
      • Jul 2015 - Feb 2020
      • Greater Philadelphia Area

      Acquisitions and Capital Deployment for the privately owned management side. Startup for the asset management of the investment side of the business. Expanding the companies core strengths into related investment areas with a focus on third party management.

    • President
      • Aug 2010 - Mar 2015

      Started a hospitality platform from scratch which had a $2 billion dollar market value before we started liquidating assets and achieved a 19.9% IRR or higher on all completed transactions

    • President
      • Jan 2007 - Jul 2010
      • Easton, CT

      Formed a consultancy and hospitality advisory company which invested in hotels and restaurants and provided advisory services on assets as diverse as the Marriott Wardman Park, the SLS Las Vegas and the start up of Virgin Hotels

    • President
      • Jan 2002 - Dec 2006
      • Norwalk, CT

      Co-Founded the renewal of HEI with Steve & Gary Mendell plus Stephen Rushmore. Started a management company from scratch. Invested in over 20 hotels and earned a 2X multiple during my tenure

    • COO
      • Jan 1988 - Dec 2001

      Co founded company in 1988. From Lepercq to LCP to CapStar to MeriStar. Member of Board of Directors of CapStar (CHO) and Meristar Hotels & Resorts (MMH) after 1996 IPO. Became the largest independent management company in the world. Won NYU Deal of the year in 1998 for best integration mer...

  • LINCOLN HOTELS LIMITED
    • Greater Philadelphia Area
    • General Manager
      • May 1985 - Feb 1988
      • Greater Philadelphia Area

      Hired as Executive Assistant manager at the Latham Hotel, I was promoted to be the youngest General Manager in the system at 28. Lincoln hotels was a Dallas based subsidiary of the Lincoln Property Company.

  • Westin Hotels & Resorts
    • Greater Philadelphia Area
    • Director Of Rooms
      • May 1979 - Nov 1985
      • Greater Philadelphia Area

      Hired out of college as a corporate management trainee at the Westin Kansas City, with a focus in Food & Beverage. I was promoted and transferred to the Westin Bellevue Stratford in 1982. Later, I was promoted to Director of Rooms. I moved to Lincoln Hotels in search of stronger growth oppor...

Education

  • 1975 - 1979
    University of Missouri-Columbia

Suggested Services

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Industry Focus. “Hospitality”

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