Larry F. Wright, Jr.
Early in his career, Mr. Wright worked at various positions, beginning work at the front desk, in hotels owned by Wright Investments, Inc. while pursuing his undergraduate degree. He began his corporate career as Vice President of Development for Wright and sourced his first transaction in downtown Washington, DC in 1999.
In his current role as President & CEO, his focus includes forming strategy-driven and long-term relationships with private and institutional equity partners, debt providers, global hotel firms, world-renown design and consulting firms, and other stakeholders to lead Wright’s growth via the three business units of hospitality investment, hospitality management and hotel and real estate capital projects. During his tenure as CEO, Mr. Wright has led the organization through nearly $500,000,000 of hospitality transactions.
Mr. Wright holds a Master of Science degree in Real Estate from New York University and graduated from the University of Tennessee -Knoxville with a B.S. in Hotel and Restaurant Administration. He has completed Unit I of the Harvard Business School Owner / President Management Program and will complete the global leadership program in 2021. He has been a guest lecturer at New York University, Harvard University and the University of Memphis as well as other hotel industry and private equity conferences. He was a founding member of the Urban Land Institute (ULI) Memphis District Council as well as the Founder and Chairman of the Young Leaders Group. Mr. Wright is a member of the New York Metro Chapter of Young President’s Organization (YPO) and serves on the board of directors. He is also a member of the Angler’s Club of New York.
Mr. Wright’s interests include global adventure travel, outdoor sports, touring amazing hotel and food and beverage spaces, history, and time with friends and family.
Chief Operating Officer
Dave Makarsky is the Chief Operating Officer (COO) for Wright Investments. Mr. Makarsky has served in the same capacity for Gold Key | PHR Hotels & Resorts. Prior to that, he served as COO for Crestline Hotels & Resorts. Dave had a 15-year tenure at the B. F. Saul Company Hospitality Group, where he held multiple positions culminating in Senior Vice President of Operations. As COO for Wright Investments, Mr. Makarsky oversees the company’s day to day operating activities, fostering a leadership culture and developing & implementing processes to ensure that the portfolio meets and exceeds defined performance metrics for the benefit of guests, associates and investment partners. Mr. Makarsky holds the degree of Bachelor of Science with Distinction from Cornell University’s School of Hotel Administration.
Brandon T. Birkhead
Vice President of Acquisitions & Development
Has been with Wright Investments, Inc. since 1988. Mr. Birkhead has worked extensively in all aspects of hotel operations. After serving as General Manager of several hotels, he was promoted to Regional Vice President of Operations in 1994. In his current role as Vice President of Development, he aggressively pursues unique opportunities to acquire new properties and to secure third party management contracts. He utilizes strategic vision and direction in analyzing project feasibility, evaluating budget and cash flow projections and probing all needed franchise and government requirements. Mr. Birkhead graduated from Oklahoma State University’s School of Hotel and Restaurant Administration, where he was named Outstanding Alumnae of the year for his high level of achievements in the hospitality industry.
Tyler brings seven years of experience as a real estate appraiser to Wright Investments, Inc. He holds an MBA as well as a B.S. in Business Administration with Finance Emphasis, both from The University of Southern Mississippi. As a part of the development and acquisitions team, he applies modern valuation and financial analysis techniques to underwrite complex hospitality transactions in a variety of business, governmental, and economic environments.
Mark A. Coltharp
Senior Vice President of Operations
Has been in the hospitality industry since 1976 and in his present position for Wright Investments, Inc. since 1990. His primary responsibility is to be a resource to on site property management for expertise in operations and to evaluate and direct each management team’s performance. Mr. Coltharp was employed by Peabody Hotel Group as a General Manager with experience with Hilton and Holiday Inns before he began his career with Wright Investments as the General Manager of a Sheraton. Mr. Coltharp attended the University of Memphis and holds the Certified Hotel Administrator (CHA) designation.
Chief Financial Officer
Ms. Garner is the Chief Financial Officer for Wright Investments. With 30 plus years of experience in accounting, she has been in the hospitality industry since 1999. In her current role, Ms. Garner is responsible for executing the company’s financial strategy and providing leadership, direction and management of the finance and accounting team. Before joining Wright Investments, she spent 11 years as the Corporate Controller for Maximum Hospitality, and prior to that was a Regional Finance Manager for Hilton Hotels Corporation. Ms. Garner earned a Bachelor of Science in Business Administration with a concentration in Accounting from Christian Brothers University, and a Master of Science in Accounting from the University of Memphis. She is a Certified Public Accountant in the State of Tennessee.
Vice President of Sales & Marketing
Ms. Addison has been with Wright Investments, Inc. since 1994. Driven by a real passion for fostering a sales culture, Ms. Addison focuses on talent acquisition, training, account development, leveraging advertising and membership opportunity to effectively promote the corporate image and hotels with the overall goal of driving RevPAR growth and profitability. Ms. Addison is responsible for leading and assisting her hotels in achieving top line revenues through pro-active strategic planning and creating marketing initiatives. She is responsible for establishing and driving sales across all disciplines, including Global Sales, E-Commerce and Revenue Management. Ms. Addison actively serves as a Board member for HSMAI Mid-South Chapter. She has been awarded the Certified Hospitality Sales Professional (CHSP) designation and the Certified Tennessee Travel Professional (CTTP) designation.
Vice President of Construction
Mr. Goins joined Wright Investments, Inc. in 1998. Mr. Goins has been in the construction industry for 28 years and has been responsible for the construction of various types of projects including hospitality, commercial, restaurant, single and multifamily, and land development. After serving as Project Manager for 7 years, he was promoted to Vice President of Construction. He coordinates renovation and ground up construction projects from inception to completion. His efforts include direction of key aspects of the construction process including acquisition analysis, cost studies, construction methods, architectural drawings, permitting issues, franchise standards coordination, job progress tracking, budget tracking, and job closeout. Mr. Goins graduated from Crichton College where he earned a Bachelor of Science Degree. He currently holds a General Contractors license in multiple states and is also a Certified Fire-stopping Specialist.
Human Resources Director
Mr. Morgan has 20+ years of human resource experience in the hospitality industry. He has been HR Director for hotels ranging in size from 150 rooms to 1000+ rooms and is also experienced with property openings including an 1844 room hotel and two casinos. While working as a Corporate Task force HR Manager for Prism Hotels he transitioned 100+ hotels into the company’s portfolio. He is currently an adjunct instructor at the University of Memphis where he teaches various classes in the hospitality/leisure services program. As Corporate Director of Human Resources Mr. Morgan is responsible for providing support to managers regarding the application of HR practices as well as ensuring consistency and compliance in the administration of company-wide HR programs and procedures.
Vice President of Revenue Strategy
Mr. Umsted has 20 years of experience in the hospitality industry. Prior to joining Wright Investments, Mr. Umsted created the Revenue Management Department for Moody National Hospitality as Corporate Director of Revenue Management. Previously, he worked in a myriad of Operations, Sales and Revenue Management roles with White Lodging Services, Driftwood Hospitality and Extended Stay America. As Vice President of Revenue Strategy, Patrick is responsible for the development and execution of strategies designed to maximize revenue and market share performance for the company’s hotels.
Mr. Propst began his hospitality career in 2007 with Hilton Reservations & Customer Care, where he assisted Hilton in piloting such initiatives as Hilton’s Work from Home program and International Call Desk. He held positions in multiple departments at the Westin Tampa Bay Hotel, including Guest Services, Sales and, ultimately, Revenue Management. He later transitioned to a corporate role for Impact Properties and led revenue strategy for several of the company’s hotels. At Wright Investments, Blake’s primary responsibility is driving top-line revenue and growing market share for assigned hotels in the company’s portfolio.
Construction Project Manager
Mr. Peel brings an extensive background in hospitality construction and renovation to Wright Investments. He has worked with multiple hotel ownership groups over his 30-year career, including Equity Inns, Pillar Hotels and Resorts, and Intermountain Renovation Consultants. In his current role, Mr. Peel’s focus is the implementation of short and long term capital plans which maximize ROI and maintain brand integrity. He holds a B.S. in Business Administration from Pensacola Christian College.
Corporate Administrative Assistant
Information Systems Manager