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Rich Lillis | Colliers | Boca Raton

Rich Lillis

Executive Managing Director, Hotels USA

License # BK703721

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About

Professional Summary

Rich Lillis is a leading expert providing strategic advisory services to clients on hotel and resort investment sales and financing in Florida, Eastern United States and the Caribbean. In his role as Director of Colliers Hotels USA, Rich leads a nationwide team of lodging specialists, leveraging unique industry insights and sharing best practices to deliver great results for clients. In the dynamic hotel investment market, Rich and his team provide valuable solutions to hotel owners and investors, developers, land owners, regional lenders and special servicers. 

As a frequent speaker at national hotel investment conferences ALIS, NYU and NABHOOD, Rich offers a unique perspective from his deep experience and diverse lodging background.   

Prior experience includes Miami practice leader at Horwath HTL, asset management at Ocwen Financial Corporation and hotel management positions at New Castle, Doral, Marriott International and Plaza Hotel. Rich earned his Bachelor of Science in Economics from State University in New York and is a Florida licensed real estate broker. Rich and his wife Maureen reside in Boca Raton, Florida.

Colliers is global leader in lodging investment services with 150 dedicated hotel professionals in the USA, Canada, EMEA and APAC providing transaction, financing, consulting and valuation services. 

Accomplishments

Rich has extensive transaction and advisory experience with a wide variety of hotels and resorts. A sample of completed transactions is listed below:

  • Holiday Inn Resort Jekyll Island, Georgia
  • Residence Inn Cape Canaveral, Florida
  • Sea Crest Beach Hotel, North Falmouth, Massachusetts
  • Hampton Inn & Homewood Suites, Woburn, Massachusetts dual-brand development
  • Quality Inn & Suites, Cocoa Beach, Florida
  • DoubleTree Hotel, Plymouth Meeting, Pennsylvania
  • Stay Inn Hotel & IHOP Restaurant, West Palm Beach, Florida
  • Hampton Inn & Suites, Destin-Sandestin, Florida
  • Beachview Club Hotel, Jekyll Island, Georgia (2013 and 2017)
  • Wyndham Riverwalk Hotel, Jacksonville, Florida
  • Waterfront Hotel Development Site, Pompano Beach, Florida
  • Cocoa Beach Oceanside Inn, Florida
  • Bridgeside Hotel Development Site, Charleston, South Carolina
  • Camden Resort, Lake Ozarks, Missouri
  • Old Kinderhook Resort, Camdenton, Missouri
  • Hampton Inn & Suites Newtown, Yardley, Pennsylvania
  • Hilton Garden Inn, Tampa, Florida
  • Comfort Inn, Plant City, Florida
  • Holiday Inn Express, Jacksonville, Florida
  • Inn on the Beach, Daytona Beach, Florida
  • Country Inn & Suites, Omaha, Nebraska
  • Guesthouse Hotel, Nashville, Tennessee
  • Boise Hotel & Conference Center, Boise, Idaho
  • Canoa Coral by Hilton, Bayahibe, Dominican Republic
  • Guavaberry Golf and Country Club, Juan Dolio, Dominican Republic
  • Hamaca Coral by Hilton, Boca Chica, Dominican Republic
  • Marien Coral by Hilton, Puerto Plata, Dominican Republic
  • Resort Development Site, Rodney Bay, St. Lucia West Indies

Education

  • BS in Economics with honors, State University of New York
  • Licensed Florida real estate broker

Memberships & Involvements

ULI - Florida Hospitality & Leisure Product Council

Clients

  • New Castle Hotels & Resorts
  • LG International USA
  • LNR Partners
  • Hudson Advisors - Lone Star Funds
  • Delaware North Corporation
  • Eightfold Capital
  • Ocean Partners
  • Rio Partners
  • Valley View Bank
  • Pacifica Companies
  • Marx Realty
  • Benenson Capital Partners
  • Taurus Investment
  • Torchlight Investors
  • Madison Properties LLC

Services

Skills

Asset Resolution Services, Bank REO, Investment Properties, Resorts, Land Sales

Service Lines

Capital Markets

Property Type

Hotels

Specializations

Hotels, Golf Course Advisory Group

Featured News

Apr 15, 2022

Hotel expert says hospitality sector is rebounding nicely from pandemic

Hospitality insider Rich Lillis says the hotel industry —especially in Tampa and other parts of the region — is mostly back to pre-pandemic levels.
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Feb 23, 2022

Holiday Inn Resort Jekyll Island Acquired by New Castle Hotels and Resorts

New Castle Hotels & Resorts, Jekyll Island’s leading resort hotel operator, acquired the Holiday Inn Resort Jekyll Island, a 158-room full-service, oceanfront resort for $41M.
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