Business Details
Premier Hotel Management Solutions by MCR Development
MCR Development is a premier hotel management company and the third-largest hotel owner-operator in the United States. With offices in New York City, London, Dallas, Chicago, and Richmond, Virginia, we have invested in and developed 189 hotel properties across 31 brands. Our portfolio includes over 25,000 guestrooms in 150 hotels spanning 37 states and 107 cities. Recognized by Fast Company as one of the 10 Most Innovative Travel Companies and by Newsweek as one of Americas Greatest Workplaces, we combine decades of hospitality expertise with a forward-thinking approach to asset management. Our teams deep experience in property development, operations, and technology-driven solutions has earned us industry-leading accolades, including the Marriott Partnership Circle Award and the Hilton Legacy Award for Top Performer.We prioritize innovation, operational excellence, and partnerships with top-tier brands like Marriott, Hilton, and The Luxury Collection. Our landmark projects, such as the TWA Hotel at JFK Airport and the BT Tower in London, reflect our commitment to redefining hospitality through design, service, and sustainability. We maintain strong relationships with labor unions, industry associations, and global partners to ensure long-term success in competitive urban markets. Our leadership teams background in real estate finance, construction, and technology positions us to deliver exceptional value to investors and guests alike.
Services
Hotel Management
Property Development
Asset Management
Revenue Strategy
Branding & Marketing
Highlights and features
- We have over 15 years of experience in hotel management and development.
- Our team includes executives with leadership roles at Marriott, Hilton, and Ernst & Young.
- We prioritize technology-driven solutions to enhance operational efficiency.
- We have received the Marriott Partnership Circle Award three times.
- Our portfolio includes landmark properties like the TWA Hotel and BT Tower.
Associations and certifications
- Fast Company
- Newsweek
- Marriott Partnership Circle Award
- Hilton Legacy Award
- American Hotel and Lodging Association
- Urban Land Institute
- American Institute of Architects
What people say
Award-winning service
Landmark properties
Innovative solutions
Strong partnerships
Operational excellence
Services
Hotel Management
MCR Development provides comprehensive hotel management services, overseeing operations for 150+ properties across 37 U.S. states. Our expertise spans brand compliance, guest experience optimization, and financial performance management. We leverage technology and partnerships with leading hospitality brands to deliver consistent, high-quality service.
Property Development
We specialize in developing landmark hotel properties, including the TWA Hotel at JFK Airport and BT Tower in London. Our development process integrates design innovation, regulatory compliance, and market-specific strategies to maximize asset value and guest satisfaction.
Asset Management
MCR Development manages $5 billion in hotel assets, focusing on acquisition, redevelopment, and strategic dispositions. Our team employs data-driven analysis and industry partnerships to enhance portfolio performance and investor returns across full-service and select-service properties.
Revenue Strategy
Our revenue strategy team optimizes top-line growth through dynamic pricing models, market analysis, and digital marketing. We utilize advanced analytics and technology platforms to align pricing with demand trends and competitive positioning in real time.
Branding & Marketing
Mcrs creative team develops branding and marketing campaigns for independent and branded hotels, including The High Line Hotel and TWA Hotel. We focus on storytelling, digital engagement, and partnerships with media outlets to elevate brand visibility and guest loyalty.
People
Tyler Morse
Chairman & CEO
Chairman & CEO of MCR Development, Tyler Morse leads the third-largest hotel owner-operator in the U.S. with $5B in assets under management. He oversees landmark projects like the TWA Hotel and serves on boards including the American Hotel and Lodging Association.
Russ Shattan
Partner
Russ Shattan, Partner at MCR Development, has managed investments and developments since 2011, including The High Line Hotel and TWA Hotel. He previously worked at Starwood Hotels & Resorts and CNL Hotels & Resorts, focusing on real estate strategy.
Joe Delli Santi
Chief Investment Officer
As Chief Investment Officer, Joe Delli Santi leads Mcrs acquisition and capital markets activities. Prior to joining MCR Development, he held roles at Starwood Capital Group and TMI Hospitality, managing hotel portfolios and growth initiatives.
Nathan Logan
General Counsel
Nathan Logan serves as General Counsel, overseeing legal aspects of Mcrs operations. With 12 years at Latham & Watkins LLP, he specializes in real estate transactions and has advised MCR Development on major acquisitions since 2013.
William White
Chief Financial Officer
William White, CFO of MCR Development, brings experience from the New York City Economic Development Corporation and Tungsten Partners. He graduated from Harvard University and manages financial strategy for Mcrs $5B asset portfolio.
Questions
What types of hotels does MCR manage?
MCR manages 150+ hotels across 31 brands, including full-service, select-service, and extended-stay properties in 37 U.S. states.
Does MCR develop new hotel properties?
Yes, MCR develops landmark properties like the TWA Hotel at JFK Airport and BT Tower in London, focusing on design and market-specific strategies.
How does MCR ensure operational excellence?
We use technology-driven solutions, partnerships with top hospitality brands, and data analytics to optimize performance and guest satisfaction.
What awards has MCR received?
MCR has earned the Marriott Partnership Circle Award, Hilton Legacy Award, and recognition from Fast Company and Newsweek.
How can I apply for a job at MCR?
Visit MCR’s Careers page to explore opportunities in hotel management, development, finance, and creative roles across the U.S.
What regions does MCR operate in?
MCR operates in 37 U.S. states, with a focus on major urban markets including New York City, Los Angeles, and Chicago.
