Principal | Eagle Point Hotel Partners
Stephen Chan was previously with HEI Hotels & Resorts, one of the nation’s fastest growing private hotel owner/operators, where he was directly involved in the acquisition, development and sale of over $2.0 billion of hotel real estate. Prior to HEI, Chan was an asset manager of a $1.5 billion portfolio of full-service and luxury hotels at SCS Advisors on behalf of Walton Street Capital and JMB Realty. Stephen Chan is a graduate of Cornell University.
Favorite place to stay when traveling:
Back in my 20s I was an asset manager for one of the largest owner’s of Four Seasons hotels – one of the assets I covered was the Four Seasons in Milan. It’s an intimate property tucked into a narrow street in the heart of the fashion district. The hotel was originally a covent dating back to the 15th Century. It had frescoed ceilings in some of the guestrooms. If only those walls could talk….
Biggest extravagance or vice:
The latest iPhone – I currently have an iPhone 7 Plus in jet black. It’s the only item that I really splurge on as it’s the most important device of our age – it’s my office, my computer, my must have an it’s super important to have the best gear to function effectively in business. That said – I should really unplug sometime – digital detox.
MUST have travel item:
Most memorable ILC moment:
Last year during the “Does Size Matter? Breakout on M&A” – Jeff Low of Stash Hotel Rewards read from a fictional email from Chip Conley to the panel and it was absolutely hilarious – you had to be there!
Who in the industry inspires you:
Alex Calderwood, co-founder of Ace, who tragically died way too young. He was a visionary who melded design, culture, and people in a unique way which was approachable but avant-garde at the same time. He said his title was Culture Engineer, which is apt as we all habitate in the moment – and culture is always changing and shifting, much like the hotel business. He pushed envelopes but was also incredibly human and grounded.
Who would play you in a movie:
I won’t give an actor – I’ll give you a fictional character! Ferris Bueller – the coolest cat in high school – he was so smooth!
Working at my parents’ restaurant when I was less than 10 years old – gave me a great work ethic which I hope to instill onto my kids. There should be a Chinese Restaurant School – so they understand what hard work is!
Just starting to read When Breath Becomes Air by Paul Kalanithi, a non-fiction book by a young neurosurgeon who has terminal cancer and attempts to answer the question “What makes life worth living?”