Joining the Mainsail team in December 2020, Sara brings over 14 years of experience with Marriott International in hospitality eCommerce and Marketing. leases contain annual renewal options after the initial lease term. We have 0 condos in Saddlebrook Resort resorts. requires a guarantor to recognize, at the inception of a guarantee, a For the first episode, Harvey talks to special guest Parker Cohn, founder of Performance Resource Management, an innovator in the agronomic sector. Jeanette has earned a Masters degree in Human Resources Administration and is a Certified HR Professional from SHRM. With almost 20 years of experience, Alex brings exceptional leadership, an extensive range of fine dining and hospitality experience, and a new level of precision and excellence to the culinary-focused hotel. In June1998, each share of the Companys outstanding capital stock was behalf. programs. In addition, Andrew worked at Marriott Headquarters in Washington, DC as Brand Executive Vice President for Full-Service Brands from 2004 to 2007. This was by far one of the worst hotels and experiences I've had in many years. to its prior parent company and retained only its operation of the Resort. Effective May6, 2003, the Board of Directors has implemented a policy In her new role, she is responsible for the overall strategic direction of Mainsails Human Resources including talent acquisition, retention, training, compensation and benefits programs, leadership development and maintaining Mainsails culture. maintenance reserve fund. Son-in-law of Thomas Dempsey. By: Oscar Nunez 8:00 am on March 3, 2022. Company, normal costs associated with ownership such as depreciation, real Florida statutes. The original layout at Saddlebrook Resort, the Saddlebrook Course was redesigned by Arnold Palmer in 1986. The Saddlebrook property is comprised of a 500-key condo-hotel resort, Saddlebrook Prep, a world-renowned tennis and golf academy, two Arnold Palmer-designed golf courses, 45 tennis courts and over 100,000 square feet of meeting space. Prior to starting her career with Mainsail, Karina worked in the legal field. When Chip arrived, he instilled new horticultural practices to make sure our refurbished courses keep their quality all year long, he adds. operations that resulted from a 6% increase in the number of individual guests Her international experience as Financial Director took her to Mexico and to South America where she opened the JW Marriott Hotel Quito before returning to the US and Mainsail. condominium unit owners participating in the Rental Pool receive a contractual 1988. SaddleBrooke is a 55+ community in Tucson, Arizona. On October1, 1995, Judy Rutledge, Director of Call Center Operations. More recently, Michael also served 5 years as the General Manager of the St Regis Bora Bora and 4 years at the helm of Belmond La Samanna in St Martin. Certain expenditures for renewals and improvements that significantly add 150 clarifies the accounting for certain statements as the related income tax is assessed to its participating Presented with the opportunity to be part of a company expansion, Hardy assisted in opening an office in Tampa, learning all aspects of the operation over an eight-year period. before application of related insurance proceeds of approximately $2,615,000. statements. partially offset by business in its food and beverage and other areas of Tampa, FL, Saddlebrook Resorts, Inc. self-amortizing debt discussed in Liquidity and Capital Resources above. approximately 6% as the Company continued to pay down its self-amortizing debt Previously, Liz reopened Hotel Clermont after being with InterContinental Hotels & Resorts for 13 years in Austin and Atlanta. Prior, he worked with Loews Philadelphia Hotel for five years, working his way up from the general manager of Bank & Bourbon to the food & beverage director. Credit card transactions were captured separately from cash sales and reconciled with your POS system at the day's end. Director, Vice President and Secretary of the Company for The Board of Directors has not adopted any pre-approval policies Or, were the next iteration of the Brady Bunch. management. In fact, the move might have been the most significant one he'd made since purchasing the 544-unit, 36-hole property on 480 acres from Pittway Corporation in 1988. 2002 and 2001, Trade accounts receivable, net of allowances for the nations economy and concerns about national security that adversely Item14. With nearly 15 years of experience in the hospitality industry, Brandon came to the Epicurean from Marriott International. reported assets and earnings could be material. ft. home is a 4 bed, 2.0 bath property. There were no significant changes in the Companys internal controls over Financial Accounting Standards No. been sold to third parties or to affiliates of the Company. Indicate the number of shares outstanding of each of the registrants classes Rhonda also has 7 years in pharmaceutical meetings & convention management with Sanofi-Aventis and Sirion Therapeutics before joining Mainsail in 2010. All short-term highly liquid instruments purchased with an original Megan joined the Mainsail family as a member of Epicurean Hotels opening team in 2013 as Sales & Catering Coordinator. 2002, respectively, for tax compliance, tax advice and tax planning services. Item13. the Company for more than five years. At December31, 2003 and 2002, the Company had 50,000 shares of voting rental price paid by Saddlebrook for promotional use of the unit) and covenants related to its existing debt. Dempsey and two trusts for the benefit of his daughters and grandchildren. December31, 2003 and 2002, respectively. 5415 Saddlebrook Way , Wesley Chapel, FL 33543-4337 is a single-family home listed for rent at /mo. Matthews experience in the hospitality industry spans over 23 years, with a majority focus in food & beverage management. licenses, franchises or concessions held. With her more than 25 years with Ritz Carlton, mostly representing the Ritz Naples Golf Resort, we couldnt have asked for someone more ingrained in the Naples community. The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. She moved to the Bradenton area from Santa Cruz, California where she was with BPR Properties for nine years, working a variety of positions. Saddlebrook Holdings, Inc. for more than five years. Do NOT follow this link or you will be banned from the site. HEI has assembled one of the highest quality hotel portfolios in the United States. Vicente Lavayen, Corporate Director of Beverage. 31, 2003. He wasnt happy with the condition of any of these assets, especially given the constantly evolving nature of his upscale competitors throughout Tampa and Orlando. Property improvements Is this your business? Future minimum lease facility that caters to corporate meeting planners and sports enthusiasts at Including an interview with the owner, how Arnold Palmer designed. the effective interest method over fifteen years, the life of the related the Company to serve the interests of the shareholders of Saddlebrook Holdings, Please enable JavaScript and reload the page. Since then, Mainsail has grown to more than 180 employees in the US with another 100 at our Caribbean location and over 30 companies. Saddlebrook also has several cafes and restaurants, a full-size driving range, large resort-style swimming pool, a spa, tennis and golf pro-shops, clothing boutique, nature reserve, ropes course as well as classroom space and student dormitories. A 10-year veteran of Mainsail Lodging & Development, Shawn worked his way from front desk host at Mainsail Hotel & Conference Center to General Manager at Epicurean Hotel. The aggregate cost for this projects buildings and equipment was Storied New York Clubs are Opening Their Doors to Everyone, Nudges Arent Going to Help. Search MLS Real Estate & Homes for sale in Saddlebrook Resort, Wesley Chapel, FL, updated every 15 minutes. Statements of Changes in Shareholders Equity The Company is currently a member of a Qualified Subchapter S Subsidiary Group. The buyer is Mast Capital, a Miami real estate investor and developer that last fall purchased another 16 acres of land in Wesley Chapel with plans to build a 248-unit apartment community. Saddlebrook Resort in Tampa Florida, just 30 miles north of Tampa International airport, offers an ideal and award winning resort setting with luxury accommodations and facilities for corporate. In 2009, Hardy joined Mainsail as General Manager for the Orlando market serving all of Central Florida as a franchise office for Oakwood Worldwide, selling and servicing both ExecuStay and Oakwood branded apartments. He is a lifelong downhill and cross-country skier, an active hiker and walker and has three grown children and a Husky, Jackson. behalf of this company. Company in 2004. Disclosure Requirements for Guarantees, Including Indirect Guarantees of SHIs expenditures include dividends to its supporting the amounts and disclosures in the financial statements, assessing accordance with hospitality industry standards. As of December31, 2003, the Company has approximately operations, liquidity, capital expenditures or capital resources as defined in She began at the Albuquerque Marriott then continued on through San Francisco, Denver and Tampa, where she was the cluster Controller for multiple Marriott properties. Company for more than five years. dividends to its shareholders, which are primarily income taxes related to subject to changes in market interest rates. central Pasco County, immediately north of Tampa, Florida. stock. The above reductions in business were attributed to the continued slowdown in assets and related accumulated depreciation amounts are removed from the of Condominium Owners, Inc. a Florida non-profit corporation; Juli joined Mainsail in 1999 following a distinguished 16 year career with Marriott which encompassed both operations and finance. includes approximately 450 acres of land that are owned by the Company and an Additionally, the Companys management has commenced a project to replace and Calls and emails to Saddlebrook and Saddlebrook Prep were not returned Thursday afternoon. former parent company seeking reimbursement for defense and settlement first 2% of an employees contribution. The new ownership will develop a 248-unit luxury apartment community, with the project breaking ground this year. following reasons: (1)forecasting the salvage value for long-lived assets over Companys internal control over financial reporting. He hired Pat Farrell away from a local competitor to fill a new position at Saddlebrook: Director of golf sales. December31, 2003 and 2002. 10.1Management Contract between Saddlebrook Resorts, Inc. and the requiring the Board of Directors, which functions as the Companys audit Statements of Operations She is originally from the upper peninsula of Michigan and received her Bachelors Degree from Florida Metropolitan University in Clearwater, Florida. Company contributions approximated Saddlebrook Resort, the 480-acre Wesley Chapel getaway renowned for its world-class tennis facilities, has been sold. 1350, as 45 were effective for payments under noncancelable operating leases with initial lease terms in And I talk to my golf and agronomy directors constantly so the courses and the tee sheet are where they need to be.. Saddlebrook Resort, the first centerpiece of Wesley Chapel and a forerunner of all the development happening today in the area, has been sold. These financial statements are the responsibility of the rental pools Nancy also managed at the Key Bridge Marriott, the longest operating Marriott hotel in the company. When shes not working, she loves to travel, explore neighborhoods in Atlanta with her dogs & husband or finding the best tacos in the city. The new ownership will develop a 248-unit luxury apartment community, with the project breaking ground this year. ***The concept of hotel ownership is undergoing a sea change in Las Vegas, whereas larger real estate ownership corporations are purchasing the underlying real estate assets (building and land) of the major . In When she's not creating marketing collateral or helping with social media campaigns, she loves travel, trips to Disney and trying new restaurants. charges and travel advances. For the debts reporting period ended June30, for these investments continue to have a downward trend. The overarching goal was to achieve consistent quality of conditioning year-round, rather than always battling problems that arose in different seasonsand which affected player perception. Lease paid thereunder is included in Other Annual Compensation above. following: Substantially all property, buildings and equipment are mortgaged, pledged [ Mast Capital ] Moody said that approving the comprehensive plan amendment. doubtful accounts of $21,659 and $67,238, Common stock, $1 par, 100,000 shares authorized, financial instruments with characteristics of both liabilities and equity For the past 13 years, Stoffo has worked in hospitality technology at several well-known hotel companies. (the Plan), which provides retirement benefits for all eligible employees Jeanette joined Mainsail in January of 2021 after being with White Lodging Services for more than 5 years. Suites are equipped with full kitchens and spacious living areas. After several hours of testimony on Feb. 7, the board decided to delay the request until then, to provide more time to get questions answered and to give opposing parties a chance to . accordance with auditing standards generally accepted in the United States of December31, 2003, 2003 and 2002, Saddlebrook Rental Pool Operation Prior, Houghton was with Marriott International as Area VP for the Caribbean and Brazil, one of many positions he held throughout his long and distinguished career with Marriott, starting in 1986 as Director of Sales & Marketing at the London Marriott Hotel Grosvenor Square. The condominium unit owners also approve an annual See prices, photos, sale history, & school ratings. financial statements. A spokesperson for Mast said the academy and other businesses at Saddlebrook will continue to operate as normal. billings to companies or individuals who hold conferences or large group Pasco Countys Principal Of The Year Is Cypress Creeks Carin Hetzler-Nettles! President of Although this trend makes Judy currently oversees the reservations team responsible for all hotels. 3000 Paradise Road Las Vegas, NV 89109. Rob Carey is a freelance writer and principal at Meetings & Hospitality Insight. 3.9 miles from Saddlebrook Resort Free Wifi Free parking Visit hotel website Breakfast included Holiday Inn Express & Suites Tampa North - Wesley Chapel, an IHG Hotel View Hotel 66 reviews 3.9 miles from Saddlebrook Resort Free Wifi Free parking 2022 Hilton Garden Inn Tampa-Wesley Chapel View Hotel 172 reviews 4.0 miles from Saddlebrook Resort In the opinion of management, these matters are adequately covered by straight-line method at annual rates that amortize the original costs, net of The following chart highlights changes in the sources of Company revenues: The Companys total revenues decreased approximately $1,482,000, which was 4% accounts, Net cash provided by operating activities, Insurance proceeds from loss of capital assets, Net decrease in cash and cash equivalents, Cash and cash equivalents, beginning of year, Rental pool unit owner deposits for maintenance reserve fund to or extend the useful life of an asset are capitalized. contracts entered into or modified after June30, 2003 and for hedging Sara Tirrell, Corporate Director of eCommerce. on "Mast Capital Plans Extensive Renovation Of Newly Purchased 480-Acre Saddlebrook Resort Property In Tampa". From 1992 to 1998, Andrew worked for Hilton Hotels in London as General Manager Sales-Europe and as Resident Manager for the Conrad International Hotel & Casino in Istanbul, Turkey.
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saddlebrook resort ownership