Peter Bheda is an influential leader that has the ability to motivate, educate and bridge the gap to achieve results by building long-term internal and external stakeholder relationships. He maintains a history of success in operating and evaluating new development and re-positioning opportunities in both domestic and international markets. With an extensive track-record that spans over four decades in hospitality, his global leadership has demonstrated a positive influence in today’s hotel industry, hence the transition to PB Global Advisory, LLC.
Peter today, serves as the Executive Chairman at Boldface Hospitality in addition to the position of Chairman & Chief Executive Officer of Frontera Hotel Group, a hospitality ownership and management firm he established in 2013. Peter achieved an impressive 400% growth rate in Frontera’s first year of operation, earning his company the “Top Hotel Management Company” award by Hotel Magazine for two consecutive years. In 2008, Peter rendered his expertise as the Chief Operating Officer of CG Group and led the team to double their existing full-service hotel portfolio while establishing Standard Operating Procedures (SOP’s) for the company. He re-structured the entire organization from property level General Managers to corporate Vice Presidents and created an upholding corporate governance for the group. Prior to his departure in 2012, Peter was recognized for his profitable delivery to the organization’s shareholders and his vital role to implement a new culture defined by “Service Excellence”.
From 2004 until 2008, Peter served as the Senior Vice President of Operations at Highgate Holdings. During his tenure, he was instrumental in bringing 13 branded and independent upper upscale hotels into the portfolio and oversaw 32 major assets across the United States, generating a total of $1.6 billion in revenue with Net Asset Value at $4.6 billion. During this time, one of his properties was honored with the “Finest Westin Conversion Award” presented by Starwood Hotels & Resorts. From 2001 until 2004, Bheda served as the Chief Executive Officer of Platinum Portfolio where he provided hospitality consulting services for international investment institutions and high net worth investors around the globe. He was also Vice President of Operations & Development for Wyndham International from 1994 until 2001 and provided global direction to the most profitable division within Wyndham, consisting of 22 hotels with annual revenue exceeding $200 million.
In addition to his recent accomplishments, Peter spent time as the Vice President of Pakistan Service Limited (PSL) and provided corporate oversight and operational expertise for Pearl Continental Hotels & Resorts, all of which were members of “The Leading Hotels of the World” under his supervision.