Mark W. Brugger

Mark W. Brugger

Founder and Managing Partner

Mark co-founded DiamondRock Hospitality (NYSE: DRH), led its initial public offering, and served as its chief executive for more than fifteen years, taking the company from zero to $1 billion of revenue, $3.5 billion of assets and 9,000 rooms through two full cycles. Before DiamondRock, he was a Vice President of hotel transactions at Marriott International, where he was a lead negotiator on billions of dollars of transactions.

Over that tenure he oversaw more than $1 billion of capital projects and led the brand conversions, de-flaggings and operator changes set out on the Track Record page. He was named to Forbes' America's Most Powerful CEOs 40 and Under and has served fifteen years as a public-company director.

$7Bcareer real estate transactions
$3B+hotel acquisitions underwritten and closed
$2Bdebt financings completed
$1.5Bequity raised, including the NYSE IPO
$1B+capital projects, renovations and repositionings overseen
$1Bcapital distributed to public shareholders
Career
DiamondRock Hospitality, President, Chief Executive Officer and Director, 2008 to 2024.
DiamondRock Hospitality, co-founder, Executive Vice President, Chief Financial Officer and Treasurer, 2004 to 2008; led its NYSE IPO.
Marriott International, Vice President, hotel transactions; also Chief Executive Officer of Synthetic American Fuel Enterprises, then Marriott's largest non-lodging business unit by revenue.
Earlier: institutional multifamily investment sales at Transwestern; residential land development at Brookfield Residential.
Education
J.D., American University. B.A., University of Maryland.
Affiliations
Urban Land Institute. The Real Estate Roundtable. American Hotel & Lodging Association. Marriott Ownership Advisory Council. Maryland Bar.

The Elmsworth group

Two firms, one principal.

Elmsworth Partners

Acquires and repositions hotels and resorts alongside family offices and institutional co-investors. The sponsor invests its own capital in every transaction.

Elmsworth Advisors

Independent strategic counsel to owners of operating real estate: family offices, public REIT boards and private owners, on strategy, capital allocation, operator performance and governance. elmsworthadvisors.com

Selected DiamondRock acquisitions and repositionings

L'Auberge de Sedona
The Gwen, Chicago
The Dagny, Boston
Henderson Beach Resort, Destin
Lake Austin Spa Resort
Shorebreak, Huntington Beach

Hotels acquired or repositioned by DiamondRock under Mark Brugger's leadership; not Elmsworth Partners assets.