Bradshaw will be responsibile for global strategy, growth, asset management and performance. The three business units—Americas, Europe & UK and Atlas – will report directly to Bradshaw. L+R Hotels own, develop and operate a portfolio of 114 hotels (23,014 rooms) in eight countries, spanning across the U.K., Continental Europe, the U.S., and the Caribbean.
With 25 years of hospitality real estate investing experience, including a significant acquisitions and asset management track record spanning across five continents, Bradshaw most recently spent more than 13 years at Starwood Capital Group, where he served on the firm’s Investment Committee and was instrumental in leading the global hotel team and business as the firm grew from $20 billion assets under management to $120 billion under management.
Prior to joining Starwood Capital in 2011, Bradshaw played a key role in developing D.C.-based Pebblebrook Hotel Trust following its “blind pool” IPO in 2009. Earlier in his career, he served as the first employee of the San Francisco-based Chartres Lodging Group, participating in seven years of rapid expansion. He began his career at Hyatt Hotels Corp. after graduating from Cornell University.
“Over the past 10-plus years I have watched with admiration as the L+R Hotels platform grew from 10 hotels to 114 hotels under Desmond Taljaard’s stewardship,” Bradshaw said in a statement. “L+R Hotels is one of the most unique and formidable international hotel investment platforms in the sector with an undeniable track record, unparalleled geographic footprint and access to a very significant long-term private capital pool. I am truly honored to take the helm of such an extraordinary organization for its next phase of growth and evolution.”
Taljaard will serve as deputy chair for L+R Group, and also act as an advisor to the affiliated family office.
Bradshaw added, “With in-house capabilities encompassing construction and design management, brand and platform creation, off-market deal sourcing, debt origination, special situations and operations management expertise spanning 5-star luxury, select-service, alternative lodging and everything in between, I’m very excited about the future growth prospects for L+R Hotels and its potential to become the go-to buyer of hotel real estate and partner of choice for major investors seeking a genuine alignment of interest with a best-in-class partner across all types of lodging sector opportunities and layers of the capital stack.
“Lastly, I am incredibly grateful for the nearly decade and a half I spent at Starwood Capital Group working and learning under the vision and leadership of Barry Sternlicht and look forward to exploring ways to build upon that relationship in the future under my new role as group CEO of L+R Hotels working alongside our stellar senior leadership team, including the notable addition of new L&R Group CFO Andy Fish.”
BY JEFFREY WEINSTEIN
