SOUTH LAKE TAHOE, CA—With an influx of luxury developments offering five-star resort types of amenities, the real estate industry is more heavily influenced by the hotel and hospitality sector than ever before. However, the key to implementing these amenities and experiences requires a different skillset and expertise than most development teams have on staff.
Enter hospitality industry executives. Many real estate developers have tapped into the hospitality industry, hiring leading executives to spearhead these increasingly impressive suites of residential amenities. These seasoned general managers, who are among the most high-profile executives in the hospitality industry, are being tasked with launching and maintaining a range of amenities, overseeing staff members and delivering a full suite of services.
One example of this trend is the recent hire of industry veteran Franck Savoy as the general manager of Clear Creek Tahoe, a new private residential community and club in the mountains just east of Lake Tahoe. Savoy was formerly the director of food and beverage at Disneyland Paris, director of operations at Hotel Casa Del Mar, and director of food and beverage at Four Seasons Hotel, New York. He recently discussed how his background in hospitality was a plus for this particular real estate application.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.