Steve Van, President and CEO of Prism Hotels, leads Prism to increase the value of clients’ hotels.  Founded in 1983, Prism works for special servicers, lenders and owners to rapidly reposition and turn around under-performing hotels.

 

Prism is the largest and most experienced manager of distressed hotels in the industry; and since 2000 has managed over 155 hotels and served as receiver in over 46 assignments for institutional clients such as CapMark, LNR Partners, CW Capital, Centerline Capital, Midland Loan Services, Apollo Real Estate Advisors, AEW, Warburg Pincus, GE, Marathon and others.

 

Prism has managed, repositioned or developed brands that include Hyatt, Omni, Marriott, Hilton, Sheraton, Embassy Suites, Holiday Inn and Radisson, as well as numerous independents.  Steve was the first franchisee for Omni Hotels and Doubletree Club Hotels, as well as serves on the Doubletree Owners Advisory Board.

 

Steve is a member of CMSA, MBA and the State Bar of Texas.  His undergraduate and legal education was at the University of Texas at Austin.  Past professional and civic involvement includes Young President’s Organization, Director of the Texas Turnpike Authority, Assistant Attorney General of Texas and Director of the Atlantic Treaty Assembly (NATO’s US arm).