KSL Capital Partners
Mr. Siegel joined KSL Capital Partners as Principal in June 2006, and has over 30 years experience in the hospitality investment business. KSL has raised over $7.5 billion in a series of private funds that invest in the hotel, travel, and leisure industries. KSL Capital Partners recent lodging portfolio investments include the Monarch Beach Resort in Dana Point, CA; Outrigger Hotels & Resorts; and Apple Leisure Group. Previous hospitality investments include: Miraval Resort Tucson; JW Marriott Essex House New York; Royal Palm Miami Beach; Montelucia Resort Scottsdale; Barton Creek Resort Austin, TX; Rancho Las Palmas, Palm Springs, CA; Homestead Resort, Hot Springs, VA; La Costa Resort, Carlsbad, CA; Grove Park Inn Ashville, NC; The Belfry Manchester UK, Village Urban Resorts, and Malmaison and Hotel du Vin hotel and restaurant group in the UK. KSL Resorts, an affiliate management company, also operates the Hotel del Coronado. KSL Capital Partners also has invested significantly in the golf, fitness, ski and other recreational businesses within the Travel & Leisure sector, is also an active investor in the secondary debt markets, and also originates debt capital to the leisure industry.
Prior to joining KSL Capital Partners, Siegel was Executive Vice President of Lowe Hospitality Group, serving as chief investment officer of its wholly-owned subsidiary Destination Hotels & Resorts. While at Lowe, Siegel helped raise a $270 million private equity fund, Lowe Hospitality Investment Partners, and was responsible for $615 million in lodging investments and dispositions between 2004 and 2006. Mr. Siegel previously was Managing Director Hospitality Division of Secured Capital Corp, where he was responsible for the firm’s $4.1 billion in hospitality investment banking transactions over a 10-year timeframe, which included Resolution Trust Corp distressed loan portfolio underwriting and workouts. Mr. Siegel also held real estate positions at Marriott Corporation and Pannell Kerr Forster. Siegel is former Program Chair of the Hotel Development Council of Urban Land Institute, and an Advisory Board Member at the University of Denver’s School of Hospitality Management. He holds an M.B.A. from the University of Colorado and a B.A. from Cornell University’s School of Hotel Administration.