Real Estate Forum: Forum 100
CONTACT US | METHODOLOGY
New Castle Hotels
Development | Honorable Mention
Company:   New Castle Hotels    
Address: Two Corporate Drive    
City: Shelton    
State: CT    
Zip:   06484    
Phone: 203-925-8370    
Fax: 203-925-8376    
Email: info@newcastlehotels.com    
Website: www.newcastlehotels.com    
Key Executive      
1. Name: David J. Buffam    
    Title: CEO    
2. Name: Gerald P. Chase      
    Title: President, COO    
3. Name: Judith F. Scofield      
    Title: VP, Treasurer    
4. Name: Lisa T. Blank    
    Title: VP, Development    
*Number of Offices: 2    
*Number of Employees: 30    
*Gross Revenues Fiscal Year 2006: 148.3 million    
*Projected Revenues Fiscal Year 2007: 179.2 million    
Selected Areas of Specialization: Hotel ownership, development and third party management company.    
Company Overview: Hospitality experience and expertise (20+ years as leaders in the industry) in both first class hotel and resort properties. Multiple franchisee of Marriott, Starwood (Sheraton and Westin) and Hilton, allowing us to fit the brand to the product.    
*Total Portfolio Size: 30    
Number of buildings: 30    
Square Footage: n/a    
Number of Units/Rooms: 4444    
*Total Value of Portfolio: n/a.    
Percentage by Property Type:      
Speculative: %    
Build-to-Suit: %    
Preleased: %    
Percentage by Property Type:      
Office: %    
Industrial: %    
Retail: %    
Apartments: %    
Hotels: 100 %    
Other: %    
(Please specify)    
Percentage by Geographic Area:      
Northeast: 79 %    
Southeast: .6 %    
Midwest: .3 %    
Southwest: %    
West: %    
International: 20 %    
Total Starts in 2006:   none    
Total Completions in 2006        
Number of buildings:   none    
Square Footage:      
Number of Units/Rooms:      
Total Value of Completions in 2006:   .