Editorial Board   Guest Author

Mr. Bailey

John Bailey

Chief Financial Officer, Prism Hotels & Resorts

John Bailey is the Chief Financial Officer (CFO) with Prism Hotels & Resorts, an award-winning, full-service hotel management, investment and advisory services company. As Prism's CFO, Mr. Bailey leads the various financial management functions of Prism's management and investment business, including risk management, legal, and receivership administration.

Mr. Bailey's professional responsibilities also include providing valuable support for Prism's new business development team, serving as a court-appointed restructuring officer for high profile bankruptcies, and serving in a leadership capacity as the chair of Prism's investment committee.

Prior to joining Prism, Mr. Bailey served as the Senior Vice President/Chief Accounting Officer for ClubCorp, Inc., a position where he was responsible for the accounting, financial planning and analysis, and human resources functions for the world's largest owner/operator of private golf and business clubs. He has also served as the Senior Vice President/Chief Financial Officer for HQ Global Workplaces, Inc., and as the Director of Finance and Vice President/Corporate Controller and Chief Accounting Officer for Bristol Hotels & Resorts.

With more than four decades of high-level accounting experience at a range of different positions in the industry, Mr. Bailey brings a rare combination of perspective and hands-on experiences to his work at Prism. His insight, expertise, and deep understanding of the financial contours and complexities of the hospitality sector are an invaluable asset to the organization.

A certified public accountant, Mr. Bailey graduated from Texas Tech University in 1979, where he earned a degree a Bachelor of Business Administration (BBA) in accounting.

Please visit http://www.prismhotels.com for more information.

Linkedin Profile: https://www.linkedin.com/in/john-bailey-ab326911/

Mr. Bailey can be contacted at +1 214-987-9300 or john.bailey@prismhotels.com

Coming up in November 2020...

Hotel Design: Home Away From Home

With the rise of the sharing economy and the peer-to-peer marketplace for lodging options, hoteliers are re-thinking the look, feel and appeal of their locations. There is an emphasis on re-creating a feeling of homeyness - a comfortable, cozy and inviting space that feels like home. 'This is accomplished through the careful selection of furniture design, paint colors, lighting design, artwork, bathroom fixtures and textile accessories. In addition, some hotels are providing their guests with upscale amenities, such as a book and movie library, home-style kitchenettes, a coffee machine with locally-sourced beans and tea, or even a batch of fresh-baked cookies. Similarly, there is a growing design trend based on the concept of place-making. Travelers are searching for experiences that are unique and authentic to the locale in which they find themselves, and so hotel designers are integrating a sense of place into their work. This is partially achieved by incorporating traditional artisanal crafts and other local artwork into hotel rooms and communal spaces. Another design trend includes the creation of full-service, co-working environments within the hotel. Guests don't like to stay alone in their room when they need to work, so now they can go downstairs to the lobby-or up to the roof-to work among others. These areas encourage guests - and non-guests alike - to stay as long as they like and to partake of hotel amenities. Finally, recognizing the importance of the Wellness Movement, some designers are exploring how room design can increase the likelihood of deep and restorative sleep. Creating dark and quiet spaces, blocking excessive light, providing guests with a selection of different kinds of pillows, and the ability to control room temperature, are a few of the best practices in this area. These are some of the architecture and design topics that will be covered in the November issue of the Hotel Business Review.