Mark Woodworth: “CBRE is a terrific well-known brand, but they also realized that we were dealing with a 100-year well-known legacy.” Mark Woodworth: “CBRE is a terrific well-known brand, but they also realized that we were dealing with a 100-year well-known legacy.”

LOS ANGELES—PKF-HR is adopting the CBRE Hotels name officially in February of this year. The two companies merged more than a year ago, and have been slowly integrating their company cultures and branding. At ALIS this year, the PKF-HR announced that it would take the parent company's name, but that its storied culture—the company is more than 100 years old—would carry over to the new firm.

The merger creates a true one-stop-shop for hotel clients to receive both consulting and solutions to their problems, according to Mark Woodworth, senior managing director at PKF-HR. The company can now offer clients steadfast advice and a service to carry out the solution, which they weren't able to do before. “This was a very thoughtful process,” Woodworth tells GlobeSt.com. “There was a view that this should have happened earlier. CBRE is a terrific well-known brand, but they also realized that we were dealing with a 100-year well-known legacy. Tremendous energy has gone into every facet of the brand conversion.” Scott Biethan, senior managing director of CBRE Hotels echoes the sentiment, tells GlobeSt.com, “We have to make sure that whatever we do, we are preserving the culture of the people that we bring in, because it is very valuable. It took us a long to discern the best way to incorporate both brands.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.