As a hospitality executive, David has broad U.S. and international experience. It includes development and asset management focusing on strategic, operational, and financial objectives to drive business performance; and capital markets consulting and advisory services to provide support for acquisitions, pre-opening and ongoing operations as well as exit strategies. David’s track record includes work with Marriott International (28+ years throughout the U.S., Europe, Asia, Caribbean, and Latin America), Wright Investment Properties, Fairmont Hotels & Resorts, Pyramid Hotels, Interstate Hotels & Resorts, Ian Schrager Company, and, most recently (2014 – 2022), as part of the Consulting and Advisory team at Cerberus Capital Management. In this role, he was charged with responsibility for operational asset management across a €500m portfolio of hotels in the UK, Belgium, and Romania.
David’s previous roles include CEO, Greater China Hospitality, the master franchisee for the Howard Johnson brand in China, CFO – Interstate China Hotels & Resorts, CFO – Caribbean & Latin America – Marriott International, and CFO – Asia Pacific – Marriott International.
Kasten holds a Bachelor of Science degree in Business Administration from Trinity University in the U.S.
Expertise in solving these types of problems:
- Acquisition, pre-opening / ongoing finance execution
- Strategic exit planning
- Optimize financial controls, measurement, and reporting
- Fractional CFO