m i k e p a t e l 1
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““You could say he is a banker with a game You could say he is a banker with a game plan, with the rules borrowed and plan, with the rules borrowed and improvised from life and sports”improvised from life and sports”
Presented byPresented by Mohammed Shakeel ur RahmanMohammed Shakeel ur Rahman
InayatullahInayatullah
Mukesh Mukesh PatelPatel
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Bringing together good people, good products and good procedures ... to create good profits. That's what the Diplomat Companies are doing, in hotels as well as in several allied businesses ... businesses which have been strategically selected to compliment the parent company's core hotel expertise.
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Born in Uganda and raised in LondonBorn in Uganda and raised in London
First went to America to play soccer in First went to America to play soccer in AtlantaAtlanta
Grew up stocking shelves to help his father Grew up stocking shelves to help his father expand his business expand his business
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In 1979 at the age of 18 - Holiday Inn in Pell city, Alabama
Started with $ 200 investment
Working out a deal with railroad companies
1996 Atlanta Centennial Olympic Games
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To acquire, own, rehabilitate and manage To acquire, own, rehabilitate and manage Hotel properties Hotel properties
Buying existing hotels - thus saving capital Buying existing hotels - thus saving capital
Bringing in their own management style Bringing in their own management style which values and gives responsibility to the which values and gives responsibility to the
hotel's employeeshotel's employees
Recipe for successRecipe for success
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The harder I was taken down the harder I The harder I was taken down the harder I came back upcame back up
Working against something is a challenge Working against something is a challenge but very rewardingbut very rewarding
No pain, No gainNo pain, No gain
LessonsLessons
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Nashville and Chattanooga, Tennessee Nashville and Chattanooga, Tennessee
Today they have 16 hotels Today they have 16 hotels
In October 2002 Gwyneth county ,operated In October 2002 Gwyneth county ,operated by Kemmons Wilsonby Kemmons Wilson
Horizons Bank in 2003Horizons Bank in 2003
In March 2007 Budgetel - United states and In March 2007 Budgetel - United states and CanadaCanada
Acquisition n ExpansionAcquisition n Expansion
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Diplomat Hotel corp.Diplomat Hotel corp. Diplomat Risk servicesDiplomat Risk services Premier Risk servicesPremier Risk services Horizon insurance servicesHorizon insurance services VPrologicVPrologic Travel services Travel services
Allied BusinessesAllied Businesses
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President - Diplomat Hotel corp.President - Diplomat Hotel corp.
Chair man - Horizon BankChair man - Horizon Bank
Asian American Hotel Owners Association Asian American Hotel Owners Association (AAHOA) (AAHOA)
American India FoundationAmerican India Foundation
12 point fair franchising12 point fair franchising
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Thank youThank you