Colgate Holmes has an extensive background as a leader of distinguished hotel companies and in the development and operation of luxury hotels and resorts throughout the world.
Among his many undertakings and accomplishments, Holmes serves as Group Chairman of United International Hotel Group a newly established full-service hotel company headquartered in Beijing, China. UIH is contracted with a substantial residential developer in China to master-plan and coordinate the development of three major mixed-use projects in Sanya, Hainan Island, Tianjin and Beijing. Each project will be anchored by an ultra-luxury hotel to be operated by UIH. Additionally, in the United States, Holmes is a Principal of Momentum Partners. LLC, a Colorado corporation that concentrates on the development of high quality resorts, hotels and residential real estate. Momentum is presently developing and will operate The St. Cloud Resort & Spa in Steamboat Springs, Colorado comprised of a world-class boutique hotel, a private residence club, condominium residences and a destination spa.
As a founding partner and President of the Ritz-Carlton Hotel Company, Holmes and partners acquired the esteemed Ritz-Carlton Boston and trademark rights to the name. Under Holmes direction, the flagship hotel in Boston was painstakingly restored, and the new company was launched. During Holmes tenure, four additional new Ritz-Carltons were successfully developed and opened and six more hotels placed under development.
Prior to establishing Ritz-Carlton, Holmes served Hyatt Hotels for ten years. He was President and COO of Hyatt International Corporation with overall responsibility for Hyatt's worldwide development and the operation of over 40 hotels in 24 countries. Earlier as Regional Vice President for Hyatt Hotels Corporation, he supervised 10 properties in the United States and served as General Manager of the Hyatt Regency Chicago, opening that 1,000 room property and subsequently conceiving, planning and overseeing the hotel's expansion to over 2,000 rooms.
Following his tenure with Ritz-Carlton, Holmes formed his own organization, specializing in the operation of fine, independent hotels and resorts including the Beverly Hills Hotel in Beverly Hills, the Wigwam Resort and Country Club in Phoenix and the Colonnade Hotel in Boston. At the Wigwam, Holmes created and carried out a major redevelopment and repositioning master plan that resulted in attainment of the Mobil 5-Star recognition and a successful ownership transition. Holmes has also served as President and CEO of Rock Resorts, overseeing properties such as Caneel Bay Plantation and Little Dix Bay in the Caribbean and directing the operations development for prestigious new properties in the U.K and Lanai, HI; as Chairman and CEO of the Biltmore Hotel Company, operating the classic Biltmore, Los Angeles and the Grand Wailea Resort Hotel & Spa in Maui, overseeing that property's transition from Hyatt management to luxury independent operation and achieving the AAA 5-Diamond recognition; and, more recently, with a local partner, Holmes developed, opened and operated two major hotels in Kuala Lumpur, Malaysia including the world-class 485-room Palace of the Golden Horses, named the Best New City Hotel in Asia in its first year of operation.
Before joining Hyatt, Holmes was an expatriate for 11 years, managing Hilton International and InterContinental hotels in Puerto Rico, the Virgin Islands, the Philippines, Brazil and Indonesia. As Group Vice President for American Airlines' Americana Hotels, Holmes managed the 1,200-room Ala Moana Hotel in Honolulu, oversaw the operations of the Chosun Hotel in Seoul, South Korea and opened a new resort hotel in Suva, Fiji.
A third-generation hotelier, Holmes has a B.S. from the Cornell School of Hotel Administration and performed graduate MBA studies at the Harvard Business School.