Hard Rock Hotels
SVP, Head of Global Hotel Business Development
Todd Hricko spearheads the business development of Hard Rock Hotels around the globe. As head of Hotel Business Development, he plays an essential role in identifying strategic markets and sites to develop, and determines calculated assets for conversion to Hard Rock Hotels. Todd continues to develop long-term relationships with hotel owners and new development partners and plays a key role in the negotiation of management contracts and franchise applications.
Previously, Todd Hricko served as Vice President of Acquisitions with Wyndham Vacation Ownership where he developed a proven history in hotels, vacation ownership, resorts, acquisitions and joint ventures. His experience includes management, franchise contract negotiation, land development, feasibility, underwriting and due diligence. He has a track record of business and property development leadership in positions with some of the largest owners and lenders of commercial real estate in the United States, and has developed extensive experience in the acquisition, disposition, financing and development of hotels and vacation ownership resorts.
Hricko has built and maintained strong relationships with leaders of most major hotel and timeshare operators, investors and brokerage firms. He has executed transactions with industry-leading hotel owners and operators such as Marriott, Hilton, Wyndham, Hyatt, Host Resorts, MetLife, KSL, Tishman and Interstate. He developed broad transactional experience through the acquisition of $5.3B+ in hotels and timeshare resorts; the financing of $250M of hotel properties; and the disposition of $15M+ in land.
As Vice President Development at the Wyndham Hotel Group, Todd was responsible for development activities, site selection, management contract negotiations and new franchise application approvals. He and his team identified potential hotel assets and development partners in central and mountain regions of the US and Canada. He led the negotiations of the franchise agreement and conversion of the 410-room Wyndham San Antonio Riverwalk, and participated in negotiating a hotel management agreement for the 334-room Wyndham Grand Downtown Chicago. During this period, Todd reviewed and analyzed applications for credit support, key money, mezzanine financing and other financial incentives. He also led the feasibility process with all internal stakeholders.
Todd graduated Summa Cum Laude from Florida International University with a Bachelor of Science in Hospitality Management. He received Associate of Science degree in Culinary Arts, where he also graduated Summa Cum Laude. He recently completed the Executive Leadership and the Linkage Leadership Program at Wharton School of Business. He continues to be a featured speaker at a variety of regional and national investment conferences. Todd happily resides in Fort Lauderdale, Florida.