Real Estate Forum: Forum 100
New Castle Hotels
Owner/Investor | 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: Marian R. Barbieri  
    Title: VP, Human Resources
4. Name: Judith F. Scofield
    Title: VP, Treasurer
*Number of Offices: 2
*Number of Employees: 32
*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:  
Office: %
Industrial: %
Retail: %
Apartments: %
Hotels: 100 %
Other: %
(Please specify)
Percentage by Geographic Area:  
Northeast: 79 %
Southeast: .07 %
Midwest: .03 %
Southwest: %
West: %
International: 20 %
Total Acquisitions in 2006:  
Number of buildings: 5
Square Footage: n/a
Number of Units/Rooms: 658
Total Value of Acquisitions in 2006:   n/a.  
Total Dispositions in 2006:  
Number of buildings: n/a
Square Footage:
Number of Units/Rooms:
Total Value of Acquisitions in 2006: .