Tennessee Based Hotel Development and Property Management Firm MXR Hospitality Welcomes Brent McDowell as the New Chief Executive Officer

MXR Hospitality, a prominent hotel development and property management firm based in Tennessee, has announced the appointment of industry veteran Brent McDowell as its inaugural Chief Executive Officer (CEO). This significant move is set to drive the firm’s growth and operational success as it continues to expand its portfolio and enhance its strategic positioning in the hospitality industry.

A Seasoned Leader at the Helm of MXR Hospitality

Brent McDowell’s appointment as CEO marks a new chapter for MXR Hospitality, a strategic partnership formed between RREAF Holdings, a privately held real estate investment and development firm and renowned hospitality investor Phillip McNeill, Sr. McDowell, who was previously serving as the Chief Operating Officer at McNeill Hotel Company, brings nearly 30 years of invaluable experience to the role.

At MXR Hospitality, McDowell will assume responsibility for overseeing all operational facets of the company. This includes hotel development, third-party property management assignments, brand relationships, hotel sales and acquisitions, as well as human resources and administrative functions. Additionally, McDowell will work in close collaboration with Eric Watts, the newly appointed President of MXR Hospitality, to steer the firm’s strategic direction.

McDowell’s extensive background in the hospitality sector positions him as a capable leader to guide MXR Hospitality toward continued success. His deep understanding of hotel operations, development and acquisitions, combined with his focus on cultivating strong partnerships and brand relationships, will be key assets as he steps into this leadership role.

Strong Track Record in Hospitality Industry

Before joining MXR Hospitality, McDowell played an integral role in the growth of McNeill Hotel Company. He was instrumental in the development, design and construction of seven new-build hotel projects. McNeill Hotel Company also saw the acquisition of 14 additional hotels under his leadership by the end of 2022. McDowell’s contributions were central to the company’s success, cementing his reputation for excellence in the hospitality sector.

In his role as Executive Vice President, Business Development and Chief Operating Officer at McNeill Hotel Company, McDowell oversaw the growth of the company’s investment platforms while maintaining a focus on superior guest service, team empowerment and the interests of owners and investors. His leadership was pivotal in shaping the firm’s strong reputation in the industry, providing a solid foundation for his next step at MXR Hospitality.

A History of Strategic Planning and Execution

Prior to his tenure at McNeill Hotel Company, McDowell held the position of Vice President of Pillar Hotels & Resorts Construction, where he was responsible for strategic capital planning and the execution of capital expenditures for a portfolio that included over 300 hotels spanning 10 brands. This experience enhanced McDowell’s ability to oversee large-scale development projects and navigate complex industry challenges.

Additionally, McDowell’s career includes a key role as an Asset Manager within the Realty Management Division at Goldman Sachs, where he provided oversight for nearly 100 properties under multiple major hotel brands. This diverse experience has equipped McDowell with a well-rounded skill set to manage all aspects of hospitality operations, from development to asset management.

As the new CEO of MXR Hospitality, McDowell’s extensive expertise and leadership acumen will be crucial in shaping the firm’s future. His proven ability to manage large teams, oversee property acquisitions and implement growth strategies will serve as the foundation for his vision as the firm continues to build upon its strong reputation in the hospitality industry.