Beau Mullenix

Employment

• HREC Investment Advisors – March 2023 to present – Senior Vice President – St. Louis, MO
• Hotel/CRE Broker & Advisor – August 2022 to February 2023 – Independent Broker – St. Louis, MO
  • Provide independent hotel brokerage and advisory services with focus on the Midwest region
  • Responsibilities include marketing hotel properties as listing agent, advisory, business development, completing valuations, preparing offering memorandums, conducting property tours, managing due diligence process, sourcing LOIs and PSA negotiation
• Paramount Lodging Advisors – August 2016 to July 2022 – Designated Broker Associate – Chicago, IL
  • Served as designated Missouri Broker and oversaw PLA’s St. Louis, MO affiliate office
  • Successfully closed 78 hotel transactions (single & portfolio dispositions) as a listing agent amounting to $250M+ in sales volume regionally and nationally
  • Client profile included owner-operator and institutional groups such as REITs, Private Equity and Special Servicers
  • Hotel transactions ranged from economy, select service, extended stay to full-service product including national brands such as Marriott, Hilton, IHG, Drury, Choice, Wyndham and Motel 6
  • Responsibilities included marketing hotel properties as listing agent, business development, prospecting, cold calling, sourcing new business, executing business plan goals, completing valuations, Pro Formas, conducting property tours, advisory, preparing offering memorandums, sourcing LOIs, PSA negotiation and overseeing each transaction from contract to close
• Commonwealth Hotels, LLC – December 2009 to December 2016 – General Manager – Covington, KY
  • Managed a 108-room Residence Inn by Marriott in St. Louis/O’Fallon, MO with 35 associates
  • Responsible for Budgeting, Forecasting, Revenue Management (excess of $5M), Profit/Loss control, Guest Supply and Food & Beverage ordering, Expense/Labor Management, Sales Performance, Guest Satisfaction Surveys/Scores, and Quality Assurance preparation
  • Oversaw Payroll, Accounts Payable, Accounts Receivable, Human Resource functions, Deposits, Front Office, Engineering, Sales & Marketing and overall hotel operations
  • Directed Sales & Marketing effort which included supervising on-site Director of Sales, formulating Sales & Marketing strategy, directing specific marketing and sales initiatives, and monitoring Sales Manager’s performance relative to weekly/monthly/annual revenue goals
  • Motivated and developed Management Team and hourly associates through proper training, coaching, counseling and performance reviews; performed Service So Memorable (SSM) training for all employees
  • Evaluated and monitored Guest Satisfaction Survey Scores, Associate Opinion Survey Scores, and Quality Assurance preparation
  • Captured Marriott’s Gold GSS Award, conferred only on those hotels whose guest satisfaction level exceeds 90%
  • Instrumental in maintaining 90% level or above on Quality Assurance
  • Since assuming my position as General Manager in December 2009, I was instrumental in growing revenue through 2015 by $1,092,749 or 144%
  • Recipient of Commonwealth Hotels 2010 “Drive Revenue” and “Hotel of the Year” Awards recognizing the hotel that led the portfolio in terms of YOY financial performance/revenue growth, AOS/GSS improvement and Quality Assurance scores

Education

Denison University – Granville, OH
2000

Certifications

• Real Estate Broker License (State of Missouri)
• Marriott Sales Edge certified 2010
• Marriott Connect U. Fundamentals, Brand Immersion, Strategic Alignment certified 2003