History

[1996 - A One Man Band]

MTM was founded in 1996 by Jim Treadway, and two other Seattle entrepreneurs. When Jim left Westin in 1995, the owner of the Sorrento Hotel asked him to consult and help recruit a capable hotel operator. After only a month as the interim general manager, Jim fell in love with the Sorrento and set about re-energizing the historic hotel. Stirred by this new project, Jim successfully developed a company to support other independent hotels in need of professional management.

In March 1996, Jim attracted the Woodmark Hotel on Lake Washington, WA making MTM a two-property group. In 1998, MTM assumed operation of the Freestone Inn in the Methow Valley and a year later in 1999 added Resort Semiahmoo. That same year MTM became involved with the development of Willows Lodge in Woodinville, WA which opened in 2000.

 

[2000 - Two Guys in a Garage]

Jim Treadway and James Simkins began successful careers together in Johannesburg. The two were reunited after successful stints with Westin in 2000 when James was brought on to manage Willows Lodge and take on multi-property responsibilities. In 2001, Simkins was instrumental in adding Alderbrook Resort on the Hood Canal in Union, WA to MTM’s growing family of managed properties.

In 2002, MTM entered the first of many asset management relationships with The Madison Hotel in Washington, D.C., which included over-sight of a $30 million renovation, and re-opened the summer of 2003.

By 2005 MTM added the breathtaking Cave B Inn at SageCliffe in Quincy, WA and had grown to include signed development and management agreements for Hotel 1000, Seattle, WA-opened June 2006; Ivy Hotel, San Diego, CA-opened May 2007; The Liberty Hotel, Boston, MA-opened August 2007 and opening in the summer of 2008- the Bardessono Resort & Spa, Napa Valley, CA.

[2005 - Plus Two Makes Four]

With the guestroom count scheduled to double in 2007, Jim and James quickly identified the need to add resources to support the company’s rapid growth. Recruiting for brains, personality and accomplishment, MTM found all three with Rob Fix and Marc Pujalet.

With an impressive track record as Chief Financial Officer of Trillium Corporation, Rob joined MTM as CFO and partner, responsible for the finance and accounting functions of MTM, its hotels and oversight of the emerging asset management portfolio.

Enrolled as a partner, Marc Pujalet brought sales & marketing strength from a successful career in global branding for Westin, the Seattle Convention and Visitor’s Bureau and Noble House Hotels & Resorts.

[2006 - Reinforcements Arrive]

Most recently, the addition of Diana Delgado as Director of Marketing and Mindy Cushing as Revenue and Central Reservations Manager brought exceptional revenue management and distribution marketing skills to the MTM collection. Since their arrival MTM hotels have experienced accelerated and compelling revenue growth. This team has driven significant gains in Central Reservations voice and Internet revenue delivery with almost 300% combined growth over previous year

 

A banner year for MTM, 2007 featured the successful opening of the high-profile Ivy Hotel (San Diego) and the Liberty Hotel (Boston). These hotels were among the most significant properties opened in the USA this year. Check out the "Hotels" section for more information on these outstanding additions to the MTM family.

Additionally, MTM completed a significant physical plant and service upgrade of its Central Reservations Office. Since this upgrade, with the impetus of new strategic marketing initiatives, business delivery to our hotels doubled to nearly $15 million. Excluding Ivy and Liberty Hotels (to get comparable "same store sales") we earned an increase of 58% over 2006 business delivery.

MTM's Washington State hotels continued their successful run. Each of these hotels earned over 100 RevPAR share in this very competitive marketplace. Hotel 1000 was a particular success story becoming Seattle's leading hotel a scant 18 months after opening.

To support new properties and anticipated future additions to MTM we have added substantially to our leadership team. You can read more about all-stars Brian, Dave, and Quentin in the biography section of this website.