Rick Rogovin Joins Dow Hotel Team; Company Converts San Antonio Radisson to Hilton

SEATTLE, WA, Jan. 22, 2009 -- The Dow Hotel Company, LLC, a hotel ownership investment and management company, today announced that Rick Rogovin, (top right photo) an executive with more than 20 years of institutional hotel investment experience, has joined the company as vice president of business development.


In the newly created position, Rogovin will be responsible for reaching out to institutional investors, limited partnerships, individual investors, brokers and others to form strategic alliances, negotiate partnerships, and forge relationships to significantly expand Dow’s owned and joint-venture hotel portfolio, as well as acquire and develop third-party management contracts.



He will work closely with Mark Rosinsky, (middle right photo) DHC’s s senior vice president of investments.

“We believe the next 18 to 24 months will create significant growth opportunities for our company in all three of our growth strategies: acquisitions, joint ventures and third-party hotel management,” said Murray Dow, (middle left photo) president of The Dow Hotel Company.

“Rick adds substantial bench strength in finance, investment, real estate and corporate leadership that will be particularly critical in the current economic environment,. His high professional standards fit our culture perfectly.”

Rogovin is a Certified Hotel Administrator and holds a Bachelor of Technology – Hotel Administration degree from New York City Technical College.

The company’s portfolio of owned and managed properties consists of institutional-grade hotels under such brands as Marriott, Hilton, Embassy Suites, Sheraton, and Crowne Plaza. The company aggressively seeks to acquire, co-invest with joint venture partners and/or manage mid- to large-size, first-class, full-service hotels, especially those with extensive food and beverage capabilities.

San Antonio Radisson Converts to Hilton San Antonio Hill Country Hotel & Spa; $6 Million Renovation Planned

SAN ANTONIO, TX/SEATTLE, WA.—The Dow Hotel Company (DHC), a hotel owner/investor and management company, has converted its 227-room hotel in San Antonio, Texas, to the Hilton San Antonio Hill Country Hotel & Spa at 9800 Westover Hills Blvd. (bottom left photo)

The hotel will undergo a $6 million renovation over the next 12 months to upgrade the facility, its amenities and services. The property is owned by a joint venture between Prudential Insurance Company of America and DHC, which also operates the property.

“We look at every property we operate to maximize profits in all phases of the economic cycle,” said Murray Dow, president of The Dow Hotel Company.

“With the upgrades and brand change, we will be able to offer our guests the best in upscale amenities and benefits, which will lead to higher satisfaction and allow us to attract a wide cross-section of both business and leisure travelers.

" We have in-depth experience working with the Hilton Family of brands and believe this change will further enhance our portfolio of first-class, full-service hotels.”

“This is another great hotel/spa to add to our growing collection,” said Jeff Diskin, (bottom right photo) senior vice president – brand management, Hilton Hotels & Resorts.

“This will be the fifth Hilton Family-branded hotel operated by Dow, and we expect the same success that they have enjoyed at our four other branded properties.”

Contact: Jerry Daly, Chris Daly. Phone: (703) 435-6293, jerry@dalygray.com