’75 BS Hotel Administration
John Ceriale, ’75 BS Hotel Administration, is founder and president of Prospect Advisors, a hospitality consultant to the Blackstone Group, the largest owner of hospitality assets in the world. Prior to founding Prospect Advisors, he served as Senior Vice President of Operations for Westin Hotels and Resorts North America. There, he oversaw the operation of 60 hotels and helped reinvent the Westin brand.
Between 1998 and 2004, Ceriale played a key role in Blackstone’s acquisition of several leading brands and properties, among them Wyndham Hotels & Resorts, Boca Resorts Inc, The Savoy, The Berkeley and others. In 2007, Ceriale played a large role in helping Blackstone acquire Hilton Hotels, boosting its hotel room portfolio to 600,000. In 2014, he was an advisor on two of the largest hospitality deals on record: the sale of the Waldorf Astoria in New York and Blackstone’s purchase of The Cosmopolitan in Las Vegas.
He is also the creator and managing partner of the Savoy Group and LXR Luxury Resorts and in this role has worked with internationally-acclaimed architects, interior designers and chefs including: Thierry Despont, David Collins, Barbara Barry, Gordon Ramsay, Tony Chi, David Rockwell, and Angela Hartnett among others.