Published on : Thursday, February 4, 2021
Larry Trabulsi has been appointed as the new President at Hospitality Asset Managers Association (HAMA). Trabulsi brings more than 20 years of hospitality industry experience and a career largely dedicated to hotel asset management, including his current role of Executive Vice-President with CHMWarnick, a leading hotel asset management and owner advisory company.
He has served as an active member of the HAMA organization for 10 years, holding numerous board and committee positions, including international chair. Trabulsi is one of only 43 active professionals in the world holding the coveted CHAM (Certified Hotel Asset Manager) designation, the only advanced certification available to accomplished hotel asset management professionals.
Trabulsi comes with an experience across a wide range of land-uses, including hotels, resorts, restaurants, golf courses, marinas and other recreational assets. His clients have ranged from developers and private equity firms to lenders and public entities, including convention center authorities, the National Park Service, the United States Forest Service and branches of the U.S. Department of Defense.
He currently serves as a senior member of CHMWarnick’s asset management team collectively responsible for a client portfolio of more than 70 hotels with a total value of approximately $15 billion in hospitality real estate under asset management. Trabulsi has extensive development, capital planning and renovation oversight experience and has been involved in large-scale renovation projects of over $30 million. He also is actively engaged in advising the lender community on distressed assets and on hotel receivership engagements.
Trabulsi has a proven track record for collaborating with property management teams to identify opportunities for revenue enhancement, cost containment and risk mitigation and is regarded as an industry thought leader in asset management. He holds a Bachelor of Science in Finance/Investments and a Master’s in Business Administration from Babson College.