All Consultants / Peter LaFemina
Peter LaFemina
Hospitality Finance and Owner Services
Accomplished hospitality finance executive recognized for innovating effective and practical approaches to financial analysis and accelerating cash flow.
Key Consulting Services
- Asset Acquisition Proformas and Due Diligence
- Financial Benchmarking, Working Capital Review
- Understanding Breakeven Levels
- Progressive Budget and Forecast Models
- Asset Management and Expert Witness Support
Expertise
Known for ferreting out the “devils in the details”, Peter delivers meticulous study to give clients unique insights that contribute sustained value to financial performance. He’s distilled forty years of both hands-on experience and strategic advisory oversight, serving a broad range of hospitality venues and clients into a keen focus of the critical financial levers driving successful operations. He would welcome the opportunity to apply his career expertise primarily for independent owners but also institutional investors, lenders, attorneys, and auditors. Specifically, Peter offers effective and practical solutions in financial planning and analysis, asset acquisition due diligence, key performance measurements, working capital and profit enhancements, budgeting, and productivity improvements. He also specializes in crafting optimal terms for business contracts, risk management review, monetizing tip tax credits for independent owners, and serving as an expert witness.
Background
- Peter led the financial management teams at multiple hospitality companies throughout North and Central America and guided the successful acquisition/disposition of numerous properties in his forty-year career. Peter was a Partner at a leading hotel management and development company and was a primary contributor to its growth while serving as its Chief Financial Officer prior to completing a sale of that company. Most recently, he assisted private clients in the restaurant/bar and entertainment industries. One of those clients is embarking on a $100+ million masterplan development to include a distillery, hotel, restaurant/bar/entertainment venues, and a brewery. He has served as the Chief Financial Officer at two casino hotels on the Las Vegas Strip and as CFO for a publicly traded gaming company. He spent his first fifteen years working at ITT Sheraton Hotels including roles as Regional Controller-Western U.S. and was twice elected as ‘North America’s Controller of the Year’.
Professional & Other
• Seattle Pacific University – non-degreed courses in Advanced Accounting and Taxation
• Past Chairman – Washington Hospitality Association – Finance Committee
• Past Member – Washington Hospitality Association – Executive Committee and Board of Directors
• Former Officer – Hospitality Finance and Technology Professionals (HFTP) – Puget Sound Chapter
• Certified Public Accountant (CPA), expired
• Certified Management Accountant (CMA), expired
