Partner, Hamilton Hotel Partners
BIOGRAPHY – FRANK CROSTON, FOUNDING PARTNER, HAMILTON HOTEL PARTNERS
Frank Croston is one of the two founding Partners of Hamilton Hotel Partners, directly responsible for all asset management and direct management activities. His career progression combines a unique blend of senior executive positions in operations, asset management and strategic advisory services.
Prior to setting up Hamilton in early 2004, Frank was President, UK and Ireland for InterContinental Hotels Group. In this role he held operational and profit responsibility for a portfolio of over 90 owned and managed hotels.
Frank was responsible for the development and oversight of a significant capital investment programme to raise the physical product standards of the Posthouse chain, acquired by the group in April 2001. Following this investment programme, coupled with programmes to raise service delivery and product quality standards, the UK portfolio has subsequently significantly outperformed the UK market and was the subject of a successful acquisition by Realstar, Lehman Brothers and GIC in 2005.
Prior to this appointment Frank was Senior Vice President Asset Management for EMEA. In this role he was responsible for initiating and executing a capital investment programme in excess of $500 million, across the European InterContinental portfolio. The projects executed during this period were all delivered on time and on budget.
Frank joined Six Continents Hotels from Strategic Hotel Capital Inc. in London where he served as Chief Operating Officer for Europe with primary responsibility for the company’s asset management function.
Prior to this Frank was a senior adviser to the hospitality sector, initially with PKF as Managing Director of their hospitality consulting practice and subsequently with Arthur Andersen as Partner-in-Charge of Hospitality and Leisure consulting for Europe, the Middle East, India and Africa.
Frank is a Fellow of the Institute of Hospitality, formerly the HCIMA and the Institute of Business Consulting, and an Honorary Fellow of the British Association of Hospitality Accountants.