NEW YORK—Hospitality veteran David Tessier has been hired to co-head Carlton’s Hospitality Group as managing director.
Tessier has been substantially involved in over $10 billion of transactions while holding senior financial positions at Hilton Hotels Corporation, Marriott International, Ian Schrager Hotels and Intercontinental Hotel Group. He is also the former CEO of Kerzner International Resorts.
According to Carlton Chairman Howard Michaels, Tessier will provide an array of sophisticated hospitality services to Carlton’s hospitality clients, including providing high-level capital markets advice and strategic consulting where appropriate.
“Tessier is a master technician who understands all facets of the hospitality business, which will provide him with unique insight into helping Carlton’s clients satisfy their hospitality objectives, including raising large amounts of capital, transaction support and repositioning or rebranding of asset,” said Michaels.